Empirical study about qualitative information of Japanese firms

• Project/Area Number: 26870756
• Research Category: Grant-in-Aid for Young Scientists (B)
• Allocation Type: Multi-year Fund
• Research Field: Management; Accounting
• Research Institution: Konan University
• Principal Investigator: ITO Takeaki 甲南大学, マネジメント創造学部, 講師 (00709496)
• Project Period (FY): 2014-04-01 – 2017-03-31
• Project Status: Completed (Fiscal Year 2016)
• Budget Amount: ¥2,340,000 (Direct Cost: ¥1,800,000、Indirect Cost: ¥540,000); Fiscal Year 2016: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000); Fiscal Year 2015: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000); Fiscal Year 2014: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000)
• Keywords: 定性情報 / MD&A / テキストマイニング / 実証研究 / ディスクロージャー

Outline of Final Research Achievements

The purpose of this research is to analyze the qualitative information of Japanese firms. The sample period starts from the fiscal year beginning March 2004 when MD&A regulation was mandated in Japan. The sample period extends to fiscal year 2014. The result shows that the mean of MD&A information of Japanese firms is not significantly changed. But the maximum value is decreasing. We find that the relation between MD&A information and quantitative indexes such as management forecast.

Research Products

• [Journal Article] SEC基準採用企業のMD&A情報と株式市場の情報 (2016)
  • Author(s): 伊藤健顕
  • Journal Title: 年報経営ディスクロージャー研究 Volume: 14 Pages: 53-62
  • Acknowledgement Compliant
• [Presentation] 継続企業の前提に関する注記の情報量と株主資本コスト (2016)
  • Author(s): 伊藤健顕，越智学
  • Organizer: 日本会計研究学会第75回大会
  • Place of Presentation: 静岡コンベンションアーツセンター（静岡県静岡市）
  • Year and Date: 2016-09-12
• [Presentation] Boilerplate MD&A Disclosure Levels and Firm Characteristics (2016)
  • Author(s): Takeaki Ito
  • Organizer: American Accounting Association Annual Meeting
  • Place of Presentation: Sheraton New York Hotel（アメリカ）
  • Year and Date: 2016-08-06
  • Int'l Joint Research
• [Presentation] Measuring Boilerplate MD&A Disclosure Levels of Japanese Firms (2015)
  • Author(s): Takeaki Ito
  • Organizer: 27th Asian-Pacific Conference on International Accounting Issues
  • Place of Presentation: Gold Coast, Australia
  • Year and Date: 2015-11-03
  • Int'l Joint Research
• [Presentation] ボイラプレート型ディスクロージャーの測定 (2015)
  • Author(s): 伊藤 健顕
  • Organizer: 日本会計研究学会第74回大会
  • Place of Presentation: 神戸大学（兵庫県神戸市）
  • Year and Date: 2015-09-07
• [Presentation] Measuring Boilerplate MD&A Disclosure Levels of Japanese Firms (2015)
  • Author(s): Takeaki Ito
  • Organizer: American Accounting Association Annual Meeting
  • Place of Presentation: Chicago, USA
  • Year and Date: 2015-08-11
  • Int'l Joint Research
• [Presentation] Measuring Boilerplate Disclosure Level in MD&A in Japanese Firms (2015)
  • Author(s): 伊藤健顕
  • Organizer: American Accounting Association Annual Meeting 2015
  • Place of Presentation: Chicago, IL
  • Year and Date: 2015-08-11
• [Presentation] SEC基準採用企業のMD&A情報と株式市場の反応 (2014)
  • Author(s): 伊藤健顕
  • Organizer: 日本会計研究学会第73回研究大会
  • Place of Presentation: 横浜国立大学
  • Year and Date: 2014-09-05