@article{oai:tokyo-metro-u.repo.nii.ac.jp:00002076, author = {マツダ, チエコ and Matsuda, Chieko and 松田, 千恵子}, journal = {経営と制度}, month = {Feb}, note = {In Japan, the number of companies that are voluntarily going private has increased over the past few years. This study aims to shed light on the reasons for and the determinants of going private by focusing on going private companies becoming wholly owned subsidiaries by their parent companies during 2005-2011. By applying univariate and multivariate analysis, the study highlights the differences between the listed subsidiaries that went private and those that did not. Key differences include the firms’ shareholding structure and their profitability. The analysis also reveals several other financial characteristics of companies that went private during the sample period., Article}, pages = {73--101}, title = {非上場化企業の特性に関する研究 ―親子上場の解消に関する初期的検討―}, volume = {12}, year = {2014} }