The effect of accounting conservatism on managerial risk taking behavior
| Project/Area Number |
16K03979
|
|---|
| Research Category |
Grant-in-Aid for Scientific Research (C)
|
| Allocation Type | Multi-year Fund |
|---|
| Section | 一般 |
|---|
| Research Field |
Accounting
|
|---|
| Research Institution | The University of Tokyo |
|---|
Principal Investigator |
SHUTO Akinobu 東京大学, 大学院経済学研究科(経済学部), 准教授 (60349181)
|
|---|
| Project Period (FY) |
2016-04-01 – 2019-03-31
|
| Project Status |
Completed (Fiscal Year 2018)
|
| Budget Amount *help |
¥4,550,000 (Direct Cost: ¥3,500,000、Indirect Cost: ¥1,050,000)
Fiscal Year 2018: ¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000)
Fiscal Year 2017: ¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000)
Fiscal Year 2016: ¥1,690,000 (Direct Cost: ¥1,300,000、Indirect Cost: ¥390,000)
|
|---|
| Keywords | 会計学 / 保守主義 / 利益の質 / 経営者報酬 / 投資の効率性 / 利益調整 |
|---|
| Outline of Final Research Achievements |
The purpose of this study is to investigate the relationship between earnings quality and managerial risk taking behaviors. In particular, first, we find that while there is no relationship between accounting quality and investment efficiency in Japan before 2001, the positive impact of accounting quality on investment efficiency after 2001 exists. We also find that this positive impact after 2001 is concentrated in firms with lower bank financing and firms with lower cross-shareholdings. Second, we find that the demand for accounting conservatism is greater for firms with high compensation-earnings coefficients.
|
| Academic Significance and Societal Importance of the Research Achievements |
本研究では研究成果を2つの論文にまとめたが，そのうちの1つは会計学研究における著名な査読誌であるJournal of Business Finance and Accountingに公刊することができた。もう1本の論文は，ハワイ大学の研究者達との国際共同研究として結実し，会計学のトップ・ジャーナルの1つに投稿中である。
|
Report
(4 results)
Research Products
(8 results)
