| Budget Amount *help |
¥4,160,000 (Direct Cost: ¥3,200,000、Indirect Cost: ¥960,000)
Fiscal Year 2019: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000)
Fiscal Year 2018: ¥1,560,000 (Direct Cost: ¥1,200,000、Indirect Cost: ¥360,000)
Fiscal Year 2017: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000)
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| Outline of Final Research Achievements |
Under the Companies Act, a company can reduce part of the Liability of directors for damages to the company (Articles 425~427 of the Companies Act, the "Liability Reduction Rules"). This study examines an important interpretation of the Liability Reduction Rules through a comparison with its model laws, the US laws. Finally, it will examine the necessity and possibility of restructuring the Liability Reduction Rules and attempt to propose desirable rules.
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