MATHEMATICS AND COMPUTERS IN SIMULATION 68(5-6) 529-538 2005年5月 [査読有り]
The purpose of this paper is to examine the impact of a 1993 relaxation of the restrictions governing the underwriting operations of Japanese banks on bond issues in the Euro-yen and Japanese corporate bond markets. Evidence is presented to sugges...
C. R. McKenzie   Sumiko Takaoka   
MODSIM 2005: INTERNATIONAL CONGRESS ON MODELLING AND SIMULATION: ADVANCES AND APPLICATIONS FOR MANAGEMENT AND DECISION MAKING 580-586 2005年 [査読有り]
The purpose of this paper is to examine the determinants of firms switching the lead underwriter they use to underwrite their first and second public issues of corporate bonds in Japan between 1994 and 2002. A probit model which has as its depende...
JAPAN AND THE WORLD ECONOMY 17(1) 59-81 2005年1月 [査読有り]
This paper examines the effects of product liability costs on R&D with asymmetric information. When the product is defective, both the consumer and producer share the resulting losses. This paper explores the impacts of liability costs on the firm...
This paper analyzes the impact of product liability verdicts on the value of firms in Japan and finds that the amount of exposure the verdict receives in the newspaper leads to a significant fall in the firm's stock price. (C) 2004 Elsevier B.V. A...