研究課題/領域番号 |
21K01570
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研究種目 |
基盤研究(C)
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配分区分 | 基金 |
応募区分 | 一般 |
審査区分 |
小区分07060:金融およびファイナンス関連
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研究機関 | 早稲田大学 |
研究代表者 |
グエン・ティ・フォン タン 早稲田大学, 産業経営研究所, その他(招聘研究員) (60791928)
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研究分担者 |
NGUYEN GIANG 早稲田大学, 政治経済学術院, その他(招聘研究員) (70835462)
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研究期間 (年度) |
2021-04-01 – 2025-03-31
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研究課題ステータス |
交付 (2022年度)
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配分額 *注記 |
4,030千円 (直接経費: 3,100千円、間接経費: 930千円)
2024年度: 910千円 (直接経費: 700千円、間接経費: 210千円)
2023年度: 1,040千円 (直接経費: 800千円、間接経費: 240千円)
2022年度: 780千円 (直接経費: 600千円、間接経費: 180千円)
2021年度: 1,300千円 (直接経費: 1,000千円、間接経費: 300千円)
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キーワード | Cash reserves / Public vs listed firms / Mergers and acquisitions / Firm performance / Corporate governance / Japan / Cash holding / Public firms / Private firms / Public status |
研究開始時の研究の概要 |
This research investigates the differences between public and private firms in Japan, with a focus on corporate cash holdings and the use of excess cash. We are motivated to understand the fundamental reasons behind the high levels of corporate cash holdings in Japan, which has shown record levels.
These results will help to deepen understanding of Japanese firms and hence act as meaningful references to investors, corporate executives, and policymakers adjusting cash holding policies, thus highlighting relevance to the Japanese economy.
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研究実績の概要 |
Our research aims to investigate the differences between public and private firms in Japan, with a focus on corporate cash holdings and acquisition performance. We are motivated to understand the fundamental reasons behind the high levels of corporate cash holdings in Japanese firms. These results will help to deepen understanding of Japanese firms and hence act as meaningful references to investors, corporate executives, and policymakers adjusting cash holding policies. In addition, we also expand the research to examine the effects of recent corporate governance changes in Japan on the financial performance and behavior of listed firms in Japan.
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現在までの達成度 (区分) |
現在までの達成度 (区分)
2: おおむね順調に進展している
理由
The research is being carried out smoothly. We finished data collection, data treatment and main analysis. We are submitting the written manuscript to international workshops and conferences in order to receive the comments from discussants and conference reviewers.
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今後の研究の推進方策 |
Our plans for this year include: 1/ Present results at workshops and conferences. Our target conferences include the 2023 International Conference in Finance, Banking and Accounting (ICFBA) and the 5th Asia Conference on Business and Economic Studies (ACBES 2023). 2/Revise the manuscript based on responses from conference referees and participants. 3/ Finalize the manuscript and submit to targeted journals.
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