YAMANAKA Toshiaki

Affiliation
Institute of Business Sciences
Official title
Associate Professor
URL
Research fields
Civil law
Money/ Finance
Research keywords
Corporate Law
Financial Law
Trust Law
Law and Finance
Corporate Finance
Research projects
上場会社の内部におけるガバナンスの在り方――比較法と実証分析2023-06 -- 2027-03YAMANAKA ToshiakiJapan Society for the Promotion of Science (JSPS)/科研費 「基盤研究（Ｃ）」及び「若手研究」における独立基盤形成支援（試行）
上場会社の内部におけるガバナンスの在り方――比較法と実証分析2023-04 -- 2027-03YAMANAKA ToshiakiJapan Society for the Promotion of Science (JSPS)/Grant-in-Aid for Scientific Research (C)4,680,000Yen
会社法における取締役会の在り方――実証分析を中心に2019-04 -- 2022-03YAMANAKA ToshiakiJapan Society for the Promotion of Science (JSPS)/Grant-in-Aid for Early-Career Scientists4,160,000Yen
Liabilities and Remedies of Directors and Officers in Listed Companies2016-08 -- 2018-03YAMANAKA ToshiakiJapan Society for the Promotion of Science (JSPS)/Grant-in-Aid for Research Activity Start-up2,730,000Yen
Career history
2022-02 -- (current)University of TsukubaFaculty of Business SciencesAssociate Professor
2018-04 -- 2020-03The University of TokyoGraduate Schools for Law and PoliticsProgram Research Fellow
2019-01 -- 2019-03Stanford UniversityRock Center for Corporate GovernanceFellow
2018-01 -- 2018-12Yale Law SchoolAssociate Research Scholar in Law
2017-04 -- 2018-03The University of TokyoGraduate Schools for Law and PoliticsProject Lecturer
2016-04 -- 2017-03The University of TokyoGraduate Schools for Law and PoliticsProject Researcher
2007-04 -- 2013-09Bank of Japan
Academic background
2015-04 -- 2016-04University of Oxford Faculty of Law
2013-04 -- 2016-03The University of Tokyo Graduate Schools for Law and Politics
2011-07 -- 2012-08Columbia University School of International and Public Affairs
2005-04 -- 2007-03The University of Tokyo Bachelor of Laws
Degree
2016-3Doctor of LawsUniversity of Tokyo
Academic societies
2013 -- (current)JAPAN ASSOCIATION OF PRIVATE LAW
2014 -- (current)JAPAN ASSOCIATION OF THE LAW OF FINANCE
2015 -- (current)JAPAN ASSOCIATION OF THE LAW OF TRUST
2013 -- (current)Japan Law and Economics Association
2020 -- (current)Japanese Economic Association
2020 -- (current)Nippon (Japanese) Finance Association
2019 -- (current)American Finance Association
2020 -- (current)European Finance Association
2018 -- (current)American Law and Economics Association
2015 -- (current)European Corporate Governance Institute
Honors & Awards
2016-03Prize for Exceptional Excellence, Graduate Schools for Law and Politics, University of Tokyo
Articles
  • Marchand v. Barnhill, 212 A.3d 805 (Del. 2019): The Board-Level System of Monitoring and Reporting
    山中 利晃
    Tsukuba Journal of Law and Politics/(94)/pp.43-47, 2025-03
    Tsukuba Repository
  • 上場会社の経営監督における法的課題とその検討――経営者と監督者の責任を中心に
    山中 利晃
    私法/(84)/pp.125-132, 2023-04
  • Liability of Credit Rating Agencies in Japan
    Yamanaka Toshiaki
    2022 General Congress of the International Academy of Comparative Law, 2022-10
  • Investment Services Regulation in Germany and Japan
    Harald Baum Toshiaki Yamanaka
    European Company and Financial Law Review/18/pp.464-516, 2021-06
  • Investment Services Regulation in Germany and Japan: A Comparative Examination
    Baum Harald; Yamanaka Toshiaki
    金融商事法ワーキングペーパー・シリーズ（東京大学大学院法学政治学研究科寄付講座「グローバル証券市場法」）/(2020-1)/pp.1-45, 2021-03
  • Corporate Boards in Europe and Japan: Convergence and Divergence in Transition
    Toshiaki Yamanaka
    European Business Organization Law Review/19/pp.503-525, 2018-09
  • Information Duties Under Japanese Capital Markets Law
    Toshiaki Yamanaka Gen Goto
    Journal of Japanese Law (Special Issue)/(11)/pp.209-216, 2018-06
  • 〔判例評釈〕大規模な上場会社に複雑な金融商品を販売する際の説明義務――社債の実質的ディフィーザンス
    山中 利晃
    ジュリスト/(1509)/pp.107-110, 2017-08
  • デラウェア州における会社補償制度
    山中 利晃
    金融商事法ワーキングペーパー・シリーズ（東京大学大学院法学政治学研究科寄付講座「グローバル証券市場法」）/(2016-1)/pp.1-81, 2016-12
  • 監査等委員会設置会社の現状と課題
    神田秀樹 山中利晃
    ジュリスト/(1495)/pp.27-32, 2016-07
  • 〔文献紹介〕Robert H. Sitkoff教授による信託法研究――経済・実証分析の展開
    山中 利晃
    信託法研究/(40)/pp.259-267, 2016-02
  • 〔文献紹介〕信認法の理論的基礎の確立に向けて
    山中 利晃
    アメリカ法/(2015-1)/pp.75-82, 2015-11
  • 〔文献紹介〕信認法の経済分析――Sitkoff教授とその示唆
    山中 利晃
    金融商事法ワーキングペーパー・シリーズ（東京大学大学院法学政治学研究科寄付講座「グローバル証券市場法」）/(2015-2)/pp.1-70, 2015-04
  • 〔判例評釈〕将来預金の差押えにおける差押債権の特定
    山中 利晃
    ジュリスト/(1476)/pp.100-103, 2015-02
  • 正当目的ルールによる取締役に対する規律――英国2006 年会社法を踏まえて
    山中 利晃
    金融商事法ワーキングペーパー・シリーズ（東京大学大学院法学政治学研究科寄付講座「グローバル証券市場法」）/(2014-9)/pp.1-38, 2014-12
  • 〔判例評釈〕譲渡制限株式の売買価格の決定
    山中 利晃
    ジュリスト/(1472)/pp.115-118, 2014-10
  • 〔判例評釈〕シンジケート・ローンにおけるアレンジャーの注意義務
    山中 利晃
    ジュリスト/(1468)/pp.106-109, 2014-06
  • On-Site Examinations by the Bank of Japan: Recent Research Development and Future Issues
    Toshiaki Yamanaka
    金融構造研究/(33)/pp.1-11, 2011-05
  • 上場企業のキャッシュフローと今後の経営方針――リーマンショック後の経営環境の変化と企業の対応
    藤原正雄 三好祐子 山中利晃 永幡崇 一上響
    日銀レビュー/(2009-J-16)/pp.1-6, 2009-12
Books
  • 分担執筆
    山中 利晃
    商法判例集［第9版］/有斐閣, 2023-10
  • 第5章 デラウェア州における会社補償制度――1967年改正とその後の展開
    山中 利晃
    成長戦略と企業法制 会社補償の実務［第2版］/Shojihomu/pp.195-214, 2022-04
  • 〔単著〕上場会社の経営監督における法的課題とその検討――経営者と監督者の責任を中心に
    山中 利晃
    Shojihomu, 2018-08
  • Central Banking in Japan
    M. Lastra Rosa; Conti-Brown eds Peter; Kanda Hideki; 山...
    Research Handbook on Central Banking/Edward Elgar/pp.53-67, 2018-05
  • 第4章 デラウェア州における会社補償制度――1967年改正とその後の展開
    会社補償実務研究会編; 会社補償実務研究会; 山中 利晃
    成長戦略と企業法制 会社補償の実務/Shojihomu/pp.131-161, 2018-02
  • Legal Issues on Monitoring the Management of Listed Companies: Liabilities and Remedies of Non-Executive Directors
    山中 利晃
    2016-03
Conference, etc.
  • Comments on “Corporations, Technology, and the Law: Regulating New Technologies” by Akshaya Kamalnath
    YAMANAKA Toshiaki
    6th YCC Workshop on Comparative Business and Financial Law/2025-05-09--2025-05-10
  • Marchand v. Barnhill, 212 A.3d 805 (Del. 2019)――取締役会レベルの監督報告システム
    山中 利晃
    筑波大学商事法研究会/2025-01-12
  • 私のコーポレートガバナンス研究
    山中 利晃
    第9回TRiSTAR共創リレーセミナー/2024-07-17
  • Comments on “Hedge Fund Activism Skill” by Arjun Goel and Daniel Rettl
    Yamanaka Toshiaki
    2024 FMA Asia/Pacific Conference/2024-07-04--2024-07-06
  • Managerial Ownership and Firm Value: Evidence from Japan
    Yamanaka Toshiaki
    FUELS Joint Seminar with FACTS at Free University of Berlin/2024-05-10
  • Managerial Ownership and Firm Value: Evidence from Japan
    Yamanaka Toshiaki
    Asian Finance Association 2023 Annual Meeting/2023-06-26--2023-06-27
  • Comments on “What Drives Firms Towards Digital Transformation Adoption: Evidence from Vietnam” by Quyen Do Nguyen and Hang Thu Nguyen
    Yamanaka Toshiaki
    Asian Finance Association 2023 Annual Meeting/2023-06-26--2023-06-27
  • 上場会社の経営監督における法的課題とその検討――経営者と監督者の責任を中心に
    山中 利晃
    筑波大学商事法研究会/2022-11-13
  • 上場会社の経営監督における法的課題とその検討――経営者と監督者の責任を中心に
    山中 利晃
    日本私法学会第85回大会個別報告/2022-10-08--2022-10-09
  • Managerial Ownership and Firm Value: Evidence from Japan
    Toshiaki Yamanaka
    37th International Conference of the French Finance Association/2021-05-26--2021-05-28
  • Comments on “Qualitative Information in Analyst Reports and Investment Profitability” by Matthias Palmer and Timo Schäfer
    Yamanaka Toshiaki
    37th International Conference of the French Finance Association/2021-05-26--2021-05-28
  • Managerial Ownership and Firm Value: Evidence from Japan
    Yamanaka Toshiaki
    11th Financial Markets and Corporate Governance Conference/2021-04-07--2021-04-09
  • Comments on “Remuneration Committee on excess CEO compensation” by Lau Shu Chui, Elaine Yen-Nee Oon and Karren Lee-Hwei Khaw
    Yamanaka Toshiaki
    11th Financial Markets and Corporate Governance Conference/2021-04-07--2021-04-09
  • 上場会社における定款規定と企業価値
    山中利晃
    企業法プロジェクト/2021-03-16
  • Managerial Ownership and Firm Value: Evidence from Japan
    山中利晃
    Japanese Law and Economics Association 2020 Annual Meeting/2020-10-03--2020-10-04
  • Managerial Ownership and Firm Value: Evidence from Japan (Further Results)
    山中利晃
    Workshop for Economic Analysis of Law (in Japan)/2020-07-05
  • Managerial Ownership and Firm Value: Evidence from Japan
    Toshiaki Yamanaka
    Nippon (Japanese) Finance Association 2020 Annual Meeting/2020-06-13--2020-06-14
  • Managerial Ownership and Firm Value: Evidence from Japan
    山中利晃
    2020 Japanese Economic Association Spring Meeting/2020-05-30--2020-05-31
  • Managerial Ownership and Firm Value: Evidence from Japan
    山中利晃
    Workshop for Economic Analysis of Law/2020-03-16
  • Corporate Boards in Japan
    Toshiaki Yamanaka
    Guest Lecture, Center for Asian Legal Studies (CELA), Faculty of Law, University of São Paulo/2018-11-29
  • Departure from Default Rules of Corporate Law in Public Companies in Japan
    Toshiaki Yamanaka
    Wasserman Workshop in Law and Finance, Yale Law School/2018-11-07
  • Competition in Board Structures: Empirical Evidence from Japan
    Toshiaki Yamanaka
    East Asian Legal Studies Program, Harvard Law School/2018-09-28
  • Manager Liability in Listed Companies in Japan: A Comparative and Empirical Analysis
    Toshiaki Yamanaka
    Mannheim Law & Economics Forum (MaLEF), University of Mannheim/2017-02-23
  • Outside Director Liability in Germany and Japan: A Comparative Perspective
    Toshiaki Yamanaka
    Johannes Gutenberg University, Mainz/2017-02-03
  • 上場会社の役員の対会社責任をめぐる制度設計のあり方
    山中 利晃
    企業法プロジェクト/2016-12-19
  • more...
Teaching
2024-04 -- 2024-08Special Studies (Individual Research) IUniversity of Tsukuba.
2024-10 -- 2025-02Special Studies (Individual Research) IUniversity of Tsukuba.
2024-12 -- 2025-02Business Organizations SeminarUniversity of Tsukuba.
2024-04 -- 2024-08Special Studies (Individual Research) IIIUniversity of Tsukuba.
2024-10 -- 2025-02Special Studies (Individual Research) IIIUniversity of Tsukuba.
2024-12 -- 2025-03Introduction to Business LawUniversity of Tsukuba.
2024-10 -- 2025-02Special Studies on Business Law VUniversity of Tsukuba.
2024-04 -- 2024-08Special Studies on Business Law VUniversity of Tsukuba.
2024-08 -- 2024-09Corporate Governance　SeminarUniversity of Tsukuba.
2024-04 -- 2024-08Special Studies on Business Law VIUniversity of Tsukuba.
more...
Professional activities
2022-12 -- (current)Younger Comparativists Committee, American Society of Comparative LawScholarship Advisory Group Member (Chair since 2025), Program Committee Member for 6th YCC Workshop on Comparative Business and Financial Law
2022-05 -- (current)Financial Management AssociationProgram Committee Member (2022 & 2024 Asia/Pacific Conferences, 2022 Global Conference in the Middle East, 2023 & 2024 Annual Meetings, 2024 European Conference)
2021-04 -- (current)Southern Finance AssociationProgram Committee Member (2021, 2022 & 2023 Annual Meetings)
2021-05 -- 2021-10会社補償実務研究会（第2期）委員
2018-07 -- 2019-02法務省委託「主要先進国における会社補償及びＤ＆Ｏ保険の在り方に関する調査研究」委員
2016-09 -- 2017-05会社補償実務研究会（第1期）委員
2016-04 -- 2018-03日本証券業協会客員研究員
Other activities
2022-12 -- (current)TRiSTAR Fellow (https://tristar.sec.tsukuba.ac.jp/fellow/396/)

(Last updated: 2025-05-15)