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Bankruptcy Law, Corporate Finance, and Corporate Revival Process in Japan

Author

Listed:
  • Noriyuki Yanagawa

    (Faculty of Economics, University of Tokyo)

  • Sumio Hirose

    (Faculty of Economics, Sinshu University)

  • Fumio Akiyoshi

    (Graduate School of Economics, University of Tokyo)

Abstract

This paper examines corporate revival processes in Japan. In recent years, corporate revival processes are drastically changing in Japan. For example, important bankruptcy laws have been revised and Industrial Revitalization Corporation was established. Moreover, many corporate revival funds are actively investing. This paper explains those new movements and examines how those new activities will change the Japanese economy.

Suggested Citation

  • Noriyuki Yanagawa & Sumio Hirose & Fumio Akiyoshi, 2005. "Bankruptcy Law, Corporate Finance, and Corporate Revival Process in Japan," CARF J-Series CARF-J-012, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    • Handle: RePEc:cfi:jseres:cj012
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    File URL: http://www.carf.e.u-tokyo.ac.jp/pdf/workingpaper/jseries/1.pdf
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