- 茨城キリスト教大学紀要. II, 社会・自然科学 = Journal of Ibaraki Christian University. II, Social and natural sciences (ISSN:13426370)
- vol.45, pp.199-210, 2011-01-01
As stock valuation methods became diverse and multiple, cases of disputes in court increased. This paper aims to deepen the valuation theory by reviewing various judicial precedents in Japan through the following key questions: Which valuation methods are supported in disputes? How have such supports changed over the years? What is the level of acceptance of the DCF method in cases of disputes? What are the differences in dealing with stock valuation between listed and non listed stocks? How are stocks valued in recent judicial precedents? What are the issues concerning taxation? The paper also contributes to an area of accounting and finance which lacks researches of the valuation methods in judicial precedents in Japan.