In this article, we set out to understand and interpret the meaning of Japanese lenders perspective on non-financial, or soft, information of technology based small and medium sized enterprises (SMEs) and look for its implications for the IR agenda. To our surprise, the initial findings showed a...

In Japan, Guidelines for Disclosure of Intellectual Assets Based Management were issued in December 2005. These guidelines focused on the role of not only intellectual property (in Japan, ``Guideline for Intellectual Property Information Disclosure" was issued in January 2002, but only 22 firms...

This study looks at the difference between the fundamental value and the market value of firms during the merger and acquisition process, and investigates the role of that difference on the method of payments (cash vs. stock) and on the subsequent stock performance around the merger and...

This paper strives to explore and address one of the possible solutions for globalizing accounting standards that meet Japanese social and economic values. This goes without saying that accounting systems are subject to forces considered isomorphic with the global system according to authorities...

In this study, we examined the influence of soft information used in relationship lending on banks' financial profitability and credit risk, especially focusing on inter-bank competition. This paper is the first one to use an inter-bank competition perspective to analyze what kind of soft...

This paper provides an analytical viewpoint that includes two perspectives that expand the MERITUM guideline in order to acquire intellectual asset management legitimacy and disclosures. This will help spread intellectual asset management practices and disclosures. First, this paper proposes...

This paper strives to explain why the Japanese Intellectual Asset-based Management (IAbM) report is more inclined for the SME-financial institution relationship with a detailed Japanese historical socioeconomic background. The Japanese Ministry of Economy, Trade and Industry (METI) first focus...

This article studies the disclosure practices of Japanese IPO prospects as a proxy for the capital cost after a company is admitted to the stock exchange, and the subsequent effect on their long-term stock performance and the bid-ask spread. A disclosure index methodology was imposed on 120 IPO...

In this paper, we found a strong positive post-rescue performance for acquiring firms. Furthermore, we observed even more dramatic recovery effects when we focused on accounting accrual components, such as the credit sale increases or reduction of PPE depreciation value. We found that investors...

In this paper, we investigated the affect of tender offer transactions in Japan from four perspectives. The first one is in regards to the Pecking Order Theory, and the second one concerns the Method-of-Payment Hypothesis. Both of these first two perspectives are related to manager payment...