The present invention provides a novel polycarbonate resin which is excellent in heat resistance and mechanical strength, is not easily colored during polymerization and molding, and is excellent in transparency and color tone. A polycarbonate resin containing a structural unit derived from a dihydroxy compound represented by the following formula (1), the dihydroxy compound represented by the formula (1) having a boric acid content of 100 ppm by weight or less and / or the tertiary amine content is 1000 ppm by weight or less, and further has a terminal phenyl group derived from the carbonic acid diester represented by the following formula (2), and the terminal phenyl group concentration is 30 μeq / g or more. (In formula (1), R 1 , R 2 , R 3 , R 4 Each independently represents a hydrogen atom, an alkyl group having 1 to 10 carbon atoms, an alkoxy group having 1 to 10 carbon atoms, a cycloalkyl group having 3 to 20 carbon atoms, and a cycloalkoxy group having 6 to 20 carbon atoms. , an aryl group having 6 to 10 carbon atoms, an aralkyl group having 7 to 20 carbon atoms, an aryloxy group having 6 to 10 carbon atoms, an aralkoxy group having 7 to 20 carbon atoms, or a halogen atom. The cyclobutane ring represents any of a mixture of cis and trans isomers, a single cis isomer, and a single trans isomer) (in formula (2), R 5 , R 6 each independently a substituted or unsubstituted aromatic group)