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

Noriyuki Yanagawa, Sumio Hirose and Fumio Akiyoshi
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Noriyuki Yanagawa: Faculty of Economics, University of Tokyo
Sumio Hirose: Faculty of Economics, Sinshu University

No CARF-J-012, CARF J-Series from Center for Advanced Research in Finance, Faculty of Economics, The 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.

Pages: 44 pages
Date: 2005-06
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Persistent link: https://EconPapers.repec.org/RePEc:cfi:jseres:cj012

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