Empirical Research of Lease Accounting

• Project/Area Number: 20730312
• Research Category: Grant-in-Aid for Young Scientists (B)
• Allocation Type: Single-year Grants
• Research Field: Accounting
• Research Institution: Musashi University
• Principal Investigator: SAKAI Eiko Musashi University, 経済学部, 准教授 (00386351)
• Project Period (FY): 2008 – 2009
• Project Status: Completed (Fiscal Year 2009)
• Budget Amount: ¥2,210,000 (Direct Cost: ¥1,700,000、Indirect Cost: ¥510,000); Fiscal Year 2009: ¥780,000 (Direct Cost: ¥600,000、Indirect Cost: ¥180,000); Fiscal Year 2008: ¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000)
• Keywords: 財務会計 / リース取引 / 価値関連性 / 経済的実質 / リース会計 / 注記情報 / 本体認識 / リスク評価 / 会計基準の変更 / 注記情報の有用性

Research Abstract

I investigated 1) whether earnings measured by a finance lease model or by an operating lease model were more relevant to stock prices, and 2) whether there were any market reaction associated with the changes of lease disclosure. I found that there was no significant difference between earnings as measured by these two models and the market has not reacted to the shift to this new form of disclosure. This means that footnote-based information is not inferior to the recognition on balance sheets for investors

Research Products

• [Journal Article] リース会計における資産・負債の認識と費用の測定-オンバランス化の範囲拡大に伴う影響- (2010)
  • Author(s): 坂井映子
  • Journal Title: 証券アナリストジャーナル 第48巻第5号 Pages: 26-35
• [Journal Article] リース会計基準変更に関する実証分析 (2010)
  • Author(s): 坂井映子
  • Journal Title: 會計 第177巻 Pages: 370-382
  • NAID: 40016972403
• [Journal Article] リース会計基準変更に関する実証分析 (2010)
  • Author(s): 坂井映子
  • Journal Title: 會計 177 Pages: 370-382
  • NAID: 40016972403
• [Journal Article] リース会計における資産・負債の認識と費用の測定-オンバランス化の範囲拡大に伴う影響- (2010)
  • Author(s): 坂井映子
  • Journal Title: 証券アナリストジャーナル 48-5 Pages: 26-35
• [Journal Article] Comparison of the Value Relevance between Purchase Trea tment and Rental Treatment (2009)
  • Author(s): Eiko Sakai
  • Journal Title: Journal of Musashi University Vol.57,No.3&4 Pages: 531-551
• [Journal Article] Comparison of the Value Relevance between Purchase Treatment and Rental Treatment (2009)
  • Author(s): Eiko Sakai
  • Journal Title: Musashi University Discussion Paper no.53 No.53 Pages: 1-23
• [Journal Article] リース会計の課題と実証研究の成果 (2008)
  • Author(s): 坂井映子
  • Journal Title: 會計 第174巻 Pages: 835-850
  • NAID: 40016335530
• [Journal Article] リース会計の課題と実証研究の成果 (2008)
  • Author(s): 坂井映子
  • Journal Title: 會計 174 Pages: 835-850
  • NAID: 40016335530
• [Presentation] Comparison of the Value Relevance between Purchase Treatment and Rental Treatment (2009)
  • Author(s): Eiko Sakai
  • Organizer: The 10th Conference of the Asian Academic Accounting Association
  • Place of Presentation: Kadir Has University, Istanbul, Turkey
  • Year and Date: 2009-11-16
• [Presentation] Comparison of the Value Relevance between Purchase Treatment and Rental neatment (2009)
  • Author(s): Eiko Sakai
  • Organizer: The 10^<th> Conference of the Asian Academic Accounting Association
  • Place of Presentation: Kadir Has University Istanbul, Turkey
  • Year and Date: 2009-11-16
• [Presentation] リース会計基準変更に関する実証分析 (2009)
  • Author(s): 坂井映子
  • Organizer: 日本会計研究学会第68回全国大会
  • Place of Presentation: 関西学院大学
  • Year and Date: 2009-09-04
• [Presentation] リース会計基準変更に関する実証分析 (2009)
  • Author(s): 坂井映子
  • Organizer: 日本会計研究学会第68回全国大会
  • Place of Presentation: 関西学院大学西宮上ヶ原キャンパス
  • Year and Date: 2009-09-04
• [Remarks] 上記Discussion Paper No.53は、SSRNに掲載
  • URL: http://ssrn.com/abstract=1367508