| Budget Amount *help |
¥2,990,000 (Direct Cost: ¥2,300,000、Indirect Cost: ¥690,000)
Fiscal Year 2017: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
Fiscal Year 2016: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
Fiscal Year 2015: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
Fiscal Year 2014: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000)
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| Outline of Final Research Achievements |
The purpose of this study was to determine whether Japanese shareholder inspection right system should reform in the future. Here I compare the system and cases in Japan and the US. In analyzing Delaware cases, I recognized that shareholder must demonstrate by a preponderance of the evidence that there exists a credible basis to find probable corporate wrongdoing. A mere statement of a purpose to investigate possible mismanagement or wrongdoing will not entitle a shareholder to inspection relief. Because standard of review about credible basis is not established enough in Japan, showing such American standard in detail is significant. I also analyze Delaware cases about attorney-client privilege when the Corporation is a client. It is significant to analyze the balance between shareholder need to get information and corporation's need to keep confidentiality document and the requirements to inspect confidentiality documents.
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