2006 Fiscal Year Final Research Report Summary

Research on Corporate Governance, Strategies, and Performance Evaluation

Research Project

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
Keywords	Earnings Manipulation / Corporate Governance / Business Analysis
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.

(2 results)