Precautionary Principle Regarding Fiduciary Duty in Managing Composite Risk Assets Cluster

Yang Linkai, Kikuchi Junichi, Dobashi Tadashi

doi:10.50991/jasccorg.3.2_24

Bibliographic Information

Other Title

複合リスク資産群管理における善管注意義務に係る予防原則
From the three axes of prevention, precautionary principle, and solution-making
未然防止と予防原則と合意形成の三軸の視座から

Description

This paper argues that in order to deal with a " CRAC; Composite Risk Assets Cluster " (a group of tangible and intangible assets with known and unknown risks), it is necessary to manage it as an ecosystem related to the acquisition, maintenance, and disposal of the asset group, and to act with a fiduciary duty based on a combination of the " Preventive Principle " and the "Precautionary Principle". As a task force mechanism (framework for social systems) based on these principles, the ELSI (Ethical, Legal, Social & Issues) framework is being developed on a trial basis in various places (private companies, universities, startups, non-profit organizations, government agencies, etc.), although it is not yet complete. The ELSIs type model for Narrative-Stepwise Solution-Making (ELSIs) framework was proposed to deepen the ELSI framework (framework for allocating expert personnel, necessary databases, consensus-building methods, sharing of empirical wisdom, etc.) that is being developed on a trial basis in academic fields and by experts in various fields. We hope that this framework will contribute to the emergence of new attempts across academic fields and across disciplines of experts.

Journal

Science of "Ba"

Science of "Ba" 3 (2), 24-36, 2023-09-30

Japan Association for Sustainability based on Co-innovation & Competition

Keywords

Details 詳細情報について

CRID: 1390016339425757824

DOI: 10.50991/jasccorg.3.2_24

ISSN: 24343766

Text Lang: ja

Data Source

JaLC

Abstract License Flag: Disallowed

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