Economy Effectiveness and Limitations of Advanced D & O Insurance / Seiji Yamakoshi

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Economy
This paper analyzes the U.S. - style advanced D & O policies that are starting to spread in Japan from the viewpoint of effectiveness and limitations, and explores what value they have for Japanese companies and their executives.
As a result, while the effectiveness of advanced D & O policies is highly recognized, it is also understood that there are limitations such as conflicts of interest, and it is desirable that advanced D & O policies are adopted in Japan in a form that is amended as necessary.
First, we examine the relationship between D & O policies and company compensation governed by the Companies Act, their roles and functions, and the method of information disclosure, and examine the various issues of advanced D & O policies in Japan, and present measures and solutions for them.
Next, as a premise for understanding D & O policies, we examine the history of development in the U.S., legal systems, legal cases, and policy conditions, and examine the nature of advanced D & O policies in Japan, as well as certain guidelines on the issues and limitations in adopting advanced D & O policies in Japan. We also analyze the structure and functions of global D & O programs in response to the internationalization of companies, and examine in detail the effective use of policies.
Further, as a premise for understanding D & O policies, we examine the history of development in the U.S.,'. 2019 principle of good faith 『 』 prize from an academic society