Why Has the Inspector of Execution of Operation on Japanese Companies Act Gradually Been Becoming Less and Less Used ? -A Chronicle of Law Revisions and "Invisible" Changes on Purposes/Positinoning of the Systems-

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  • なぜ日本の株式会社における業務財産検査役はあまり利用されなくなっているのか？― 制度の変遷と制度趣旨・位置づけの見えざる変化 ―
  • ナゼ ニホン ノ カブシキ ガイシャ ニ オケル ギョウム ザイサン ケンサヤク ワ アマリ リヨウ サレナク ナッテ イル ノ カ? : セイド ノ ヘンセン ト セイド シュシ ・ イチズケ ノ ミエザル ヘンカ

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Japanese Companies Act has the system of inspector of execution of operation, who investigates misconducts of directors based on petitions of shareholders. On this system, experts (such as lawyers) in charge of inspectors by the court order, investigate companies fairly and neutrally. This system has a merit, which risk of corporate secret information leakage is very little, but this system is less and less used. In order to demonstrate the fundamental causes of the matter, the author surveys all amendments of Commercial Code and Companies Act, all important case laws and theories after 1890 (Meiji 23), when system of inspector had created. Among these processes, this paper also surveys the purposes and positioning of this system, which are “invisible” behind the express legal provisions/sentences of judgements. Based on the above consideration, the author reached the conclusion that main causes of the sluggish usage of inspector, are natures itself and amendment of other relevant legal systems.

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