2001 Fiscal Year Final Research Report Summary
Research on Corporation Law concerning Holding Company
| Project/Area Number |
10620037
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Single-year Grants |
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| Section | 一般 |
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| Research Field |
Civil law
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| Research Institution | KYOTO UNIVERSITY |
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Principal Investigator |
MAEDA Masahiro Kyoto University, Graduate School of Law, Professor, 大学院・法学研究科, 教授 (50240817)
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| Project Period (FY) |
1998 – 2001
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| Keywords | Holding Company / Subsidiary / Holding Company and Subsidiary / Share Exchange / Share Transfer / Split of Corporations / Combination of Corporations |
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| Research Abstract |
This research examines what probletnns has been raised in Corporation Law and how we should solve them, after Antitrust Act was changed to take off the embargo on forming Holding Companies in 1997.
During the term of this reseach Coroporation Act was revised and some of theproblemns have already been solved. In 1999 and 2000 Corporation Act introduced new provisions concerning "Share Exchange"' and "Split of Corporations", which enables us to form Holding Companies more easily and efficiently. In 1999 regulation on disclosure of subsidiaries was strengthened, and in 1992 combined accounting system was introduced.
But important problems remained, which I think should be solved by legislaion. First we should permit the shareholders of Holding Companies to bring derivative suit against directors of the subsidiaries. Secondly, we should permit the shareholders of Holding Companies to participate in the desicion making process of the subsidiaries.
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Research Products
(12 results)
