Research on Corporate Governance, Strategies, and Performance Evaluation

• Project/Area Number: 16530293
• Research Category: Grant-in-Aid for Scientific Research (C)
• Allocation Type: Single-year Grants
• Section: 一般
• Research Field: Accounting
• Research Institution: Nagoya University
• Principal Investigator: YAMAMOTO Tatsushi Nagoya University, Graduate School of Economics, Professor, 大学院経済学研究科, 教授 (80191419)
• Project Period (FY): 2004 – 2006
• Project Status: Completed (Fiscal Year 2006)
• Budget Amount: ¥2,500,000 (Direct Cost: ¥2,500,000); Fiscal Year 2006: ¥500,000 (Direct Cost: ¥500,000); Fiscal Year 2005: ¥600,000 (Direct Cost: ¥600,000); Fiscal Year 2004: ¥1,400,000 (Direct Cost: ¥1,400,000)
• Keywords: Earnings Manipulation / Corporate Governance / Business Analysis / 会計操作 / 株式所有構造 / 実証研究 / 企業戦略 / 業績評価 / リアル・オプション

Research Abstract

The purpose of this research project in the fiscal year is to make clear the relationship between the structure of ownership and earnings management in Japan. In the theoretical part of the research, we considered three types of firm, ie. a firm owned by many diversified stock holders (benchmark type), bank-governed type, and mutual holding type. We find that, among these, the mutual holding type is the most inclined to do earnings management, and the benchmark type is the least. These results are also supported by the empirical tests.

Research Products

• [Journal Article] Accounting Manipulations (2007)
  • Author(s): Suda, K., Yamamoto, T., Otomasa, S
  • Journal Title: Diamond Pages: 1-250
  • Description: 「研究成果報告書概要(欧文)」より
• [Book] 会計操作 (2007)
  • Author(s): 須田一幸, 山本達司, 乙政正太
  • Total Pages: 250
  • Publisher: ダイヤモンド社
  • Description: 「研究成果報告書概要(和文)」より