Study of governance of Financial institution groups

2017 Fiscal Year Final Research Report

• Project/Area Number: 15K03225
• Research Category: Grant-in-Aid for Scientific Research (C)
• Allocation Type: Multi-year Fund
• Section: 一般
• Research Field: Civil law
• Research Institution: Waseda University
• Principal Investigator: Iwahara Shinsaku 早稲田大学, 法学学術院(法務研究科・法務教育研究センター), 教授 (20107486)
• Project Period (FY): 2015-04-01 – 2018-03-31
• Keywords: コーポレートガバナンス / 金融機関グループ / 金融機関 / 取締役会 / モニタリングモデル

Outline of Final Research Achievements

First, the financial holding company(FHC) scheme has been widely used in Japan, because the FHC which can only deal with management of companies included in the FHC group can be the balancer of the interest of each group company from the view point of the interest of the group itself. Second, the board of directors of the FHC shall employ the monitoring model, namely, more than half of directors shall be independent directors, and the board of directors shall concentrate on deciding the management policy and monitoring and supervising the management. Third, the board of directors of the FHC shall monitor and supervise the management of all the FHC group companies. On the other hand, the subsidiary bank or insurance company of the FHC need not employ the complex governance structure required by the Banking Act or the Insurance Business Act.

Free Research Field

会社法、金融法