How Can All Stakeholders “Share the Burden” of Solving Damage Liability and Turnaround of Nuclear Power Electric Company?

Yasuhiro Monden and Masaaki Imabayashi
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Yasuhiro Monden: University of Tsukuba, Japan
Masaaki Imabayashi: Mejiro University, Japan

Chapter 1 in Management of Enterprise Crises in Japan, 2013, pp 3-30 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:Research ThemeSharing the Burden of TEPCO’s Damages LiabilityOverview of the Nuclear Damage Liability Act“State assistance” for Nuclear Damage Liability and the Role of the Nuclear Damage Liability Facilitation FundBurden charges for TEPCO and other electric power companies and repayment of public fundsCompensation scheme based on market principles and “state responsibility”TEPCO’S accounting treatment of compensation funds issued from the Facilitation FundSummary: Sharing the burden of nuclear damage compensationSharing the Burden of TEPCO’s Restructuring among StakeholdersRelationship between company restructuring and stakeholdersScheme for restructuring TEPCOGovernment involvement in TEPCO’s restructuringSchematic diagram of burden-sharingSummary: Sharing the burden of TEPCO’s restructuringConclusion: A Theory on the Fair Allocation of the Burden of Compensation Funds and Turnaround FundsBarnard’s organizational equilibrium theoryApplication of Barnard’s organizational equilibrium theory to the “burden of compensation funds” and the “burden of turnaround funds”ReferencesSupplementary Reference Resources

Keywords: Business Crisis; Enterprise Crisis; Turnaround Management; Reorganization of Business (search for similar items in EconPapers)
Date: 2013
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