"This book details modern trends in the Japanese M & A market and reveals from different angles the process of convergence to a new monitoring model of the corporation: "the market for corporate control." A prima facie verification is based on an examination of the evolution of the M & A environment in the last twenty years including statistics, analysis of cultural and structural impediments, and economic-political reforms. Then, an analysis of recent hostile takeover cases and the transformation of the regulatory framework governing takeover-related legal issues, particularly focused on the important METI-MOJ Guidelines of 200, will further support the final argument."--Jacket.