The Use of Econometrics and Statistics in Litigation: Cases for Corporate Law and Securities Law

2014 Fiscal Year Final Research Report

• Project/Area Number: 24530084
• Research Category: Grant-in-Aid for Scientific Research (C)
• Allocation Type: Multi-year Fund
• Section: 一般
• Research Field: Civil law
• Research Institution: The University of Tokyo
• Principal Investigator: FUJITA Tomotaka 東京大学, 法学(政治学)研究科(研究院), 教授 (80209064)
• Project Period (FY): 2012-04-01 – 2015-03-31
• Keywords: 会社法 / 金融商品取引法 / 証券法 / 計量経済学

Outline of Final Research Achievements

This study explores the possibility of the use of econometric or statistic methods which are adopted in recent corporate law cases. Examining the advantages of such methods and their problem applied in the actual cases, the study aims at the enhancement of the quality of case decisions in the future.
In particular, the study examined, (1) the use of "event studies" for the determination whether a corporate value is deteriorated in connection with the appraisal remedy, (2) the use of market model to correct the market price of the share in connection with the appraisal remedy.

Free Research Field

商法