| Budget Amount *help |
¥4,550,000 (Direct Cost: ¥3,500,000、Indirect Cost: ¥1,050,000)
Fiscal Year 2011: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
Fiscal Year 2010: ¥1,820,000 (Direct Cost: ¥1,400,000、Indirect Cost: ¥420,000)
Fiscal Year 2009: ¥2,080,000 (Direct Cost: ¥1,600,000、Indirect Cost: ¥480,000)
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| Research Abstract |
This study implemented the empirical studies of behavioral corporate finance based on theories and stylized facts recently appeared in the US literature. Our empirical studies were conducted by using the Japanese data, and the results were published in journals. More concretely, we demonstrated the empirical studies mainly on payout policy of the Japanese firms from the viewpoints of behavioral corporate finance. Moreover, we also discussed other topics such as capital structure, and published the results in journals as well.
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