Fiduciary Principles in Japanese Law

Ramseyer, J. Mark; Tamaruya, Masayuki

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Fiduciary Principles in Japanese Law

Forthcoming, Oxford Handbook of Fiduciary Law

Harvard John M. Olin Center for Law, Economics and Business, Discussion Paper NO. 935, 2017

Harvard Public Law Working Paper No. 17-49

23 Pages Posted: 9 Oct 2017

See all articles by J. Mark Ramseyer

Masayuki Tamaruya

University of Tokyo

Date Written: September 28, 2017

Abstract

Solicited for the Oxford Handbook of Fiduciary Law, this essay offers a general introduction to Japanese fiduciary principles. Using corporate law as an example, it outlines the scope of the duties of loyalty and care, and of the business judgment rule. It compares the application of these principles in Japan to their application in the United States. It briefly examines their use beyond the corporate context, and outlines several recent extensions.

Keywords: Fiduciary duty, duty of loyalty, duty of care, business judgment rule

JEL Classification: K15, K22, L22

Suggested Citation: Suggested Citation

Ramseyer, J. Mark and Tamaruya, Masayuki, Fiduciary Principles in Japanese Law (September 28, 2017). Forthcoming, Oxford Handbook of Fiduciary Law, Harvard John M. Olin Center for Law, Economics and Business, Discussion Paper NO. 935, 2017, Harvard Public Law Working Paper No. 17-49, Available at SSRN: https://ssrn.com/abstract=3044758