The relationship between firm risk and accounting information

• Project/Area Number: 26380630
• Research Category: Grant-in-Aid for Scientific Research (C)
• Allocation Type: Multi-year Fund
• Section: 一般
• Research Field: Accounting
• Research Institution: Nagoya City University
• Principal Investigator: Okuda Shin'ya 名古屋市立大学, 大学院経済学研究科, 教授 (40351431)
• Project Period (FY): 2014-04-01 – 2018-03-31
• Project Status: Completed (Fiscal Year 2017)
• Budget Amount: ¥4,420,000 (Direct Cost: ¥3,400,000、Indirect Cost: ¥1,020,000); Fiscal Year 2017: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000); Fiscal Year 2016: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000); Fiscal Year 2015: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000); Fiscal Year 2014: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000)
• Keywords: 会計学 / リスク / 実証研究 / 会計情報 / 資本市場 / 会計情報システム

Outline of Final Research Achievements

I find that security market evaluate firm value using not only accounting information but also firm's own risks. For example, I find that the impact of the error of management forecast on firm's risk depends on its information environment. I find that the impact of tax avoidance on firm value depends on CSR activities and on other governance mechanism. I also find that the cooperation of other department and the high quality human resources are crucial for making accounting information.

Research Products

• [Journal Article] 税負担削減行動と企業価値の関係について (2017)
  • Author(s): 奥田真也
  • Journal Title: 証券アナリストジャーナル Volume: 55 Pages: 25-34
• [Journal Article] Stock price responses to the eco-points programme for electrical household appliances: evidence from Japan (2017)
  • Author(s): Hanae Tamechika and Shin'ya Okuda
  • Journal Title: Applied Economics Volume: 49 Pages: 5856-5864
  • Peer Reviewed
• [Journal Article] Management Forecasts, Idiosyncratic Risk, and the Information Environment (2016)
  • Author(s): N. Kitagawa and S. Okuda
  • Journal Title: The International Journal of Accounting Volume: 51 Pages: 487-503
  • Peer Reviewed / Acknowledgement Compliant
• [Journal Article] Deferred taxes and cost of debt: evidence from Japan (2016)
  • Author(s): Y Inamura, S Okuda
  • Journal Title: Asia-Pacific Journal of Accounting & Economics Volume: 22 Pages: 1-19
  • Peer Reviewed / Acknowledgement Compliant
• [Journal Article] 日本企業のCSR活動と税負担削減行動の関連性 (2016)
  • Author(s): 山下裕企 奥田真也
  • Journal Title: 青山経営論集 Volume: 51 Pages: 193-207
  • Open Access / Acknowledgement Compliant
• [Journal Article] Implication of Internal Controls System and Accounting Information System (2016)
  • Author(s): Masumi Nakashima and Shin'ya Okuda
  • Journal Title: オイコノミカ Volume: 52 Pages: 17-44
  • Acknowledgement Compliant
• [Journal Article] Systems Integration, Management Involvement and Quality of Internal Controls and Auditing (2015)
  • Author(s): Shin'ya Okuda and Masumi Nakashima
  • Journal Title: Asia-Pacific Management Accounting Journal Volume: 67 Pages: 1-22
  • Peer Reviewed
• [Journal Article] 情報システム統合と財務会計システムの満足度の関係 (2015)
  • Author(s): 奥田真也
  • Journal Title: 企業会計 Volume: 67 Pages: 433-438
  • NAID: 40020346165
  • Acknowledgement Compliant
• [Presentation] 税務行動とディスクロージャー研究のあり方 (2017)
  • Author(s): 奥田真也
  • Organizer: 日本ディスクロージャー研究学会
• [Presentation] Systems Integration, Management Involvement, and Quality of Internal Controls and Auditing (2014)
  • Author(s): Shin'ya Okuda and Masumi Nakashima
  • Organizer: the 10th Asia-Pacific Management Accounting Association (APMAA) Conference
  • Place of Presentation: The Crowne Plaza Bankok Lumpini Hotel, Bangkok, Thailand
  • Year and Date: 2014-10-29
• [Presentation] Implication of Internal Controls System and Accounting Information System (2014)
  • Author(s): Masumi Nakashima and Shin'ya Okuda
  • Organizer: the 10th Asia-Pacific Management Accounting Association (APMAA) Conference
  • Place of Presentation: The Crowne Plaza Bankok Lumpini Hotel, Bangkok, Thailand
  • Year and Date: 2014-10-29