Welcome Guest
HERMES-IR Login
Japanese
Contents
Ranking
Ranking (Access)
Ranking (Download)
More
Special Collections
HERMES-Catalog
Category
030 Department Bulletin Papers = 本学紀要論文
*Hitotsubashi journal of economics
Vol. 64, no. 2(Dec. 2023)
Vol. 64, no. 1(Jun. 2023)
Vol. 63, no. 2(Dec. 2022)
Vol. 63, no. 1(Jun. 2022)
Vol. 62, no. 2(Dec. 2021)
Vol. 62, no. 1 (Jun. 2021)
Vol. 61, no. 2 (Dec. 2020)
Vol. 61, no. 1 (Jun. 2020)
Vol. 60, no. 2 (Dec. 2019)
Vol. 60, no. 1 (Jun. 2019)
Vol. 59, no. 2 (Dec. 2018)
Vol. 59, no. 1 (Jun. 2018)
Vol. 58, no. 2 (Dec. 2017)
Vol. 58, no. 1 (Jun. 2017)
Vol. 57, no. 2 (Dec. 2016)
Vol. 57, no. 1 (Jun. 2016)
Vol. 56, no. 2 (Dec. 2015)
Vol. 56, no. 1 (Jun. 2015)
Vol. 55, no. 2 (Dec. 2014)
Vol. 55, no. 1 (Jun. 2014)
Vol. 54, no. 2 (Dec. 2013)
Vol. 54, no. 1 (Jun. 2013)
Vol. 53, no. 2 (Dec. 2012)
Vol. 53, no. 1 (Jun. 2012)
Vol. 52, no. 2 (Dec. 2011)
Vol. 52, no. 1 (Jun. 2011)
Vol. 51, no. 2 (Dec. 2010)
Vol. 51, no. 1 (Jun. 2010)
Vol. 50, no. 2 (Dec. 2009)
Vol. 50, no. 1 (Jun. 2009)
Vol. 49, no. 2 (Dec. 2008)
Vol. 49, no. 1 (Jun. 2008)
Vol. 48, no. 2 (Dec. 2007)
Vol. 48, no. 1 (Jun. 2007)
Vol. 47, no. 2 (Dec. 2006)
Vol. 47, no. 1 (Jun. 2006)
Vol. 46, no. 2 (Dec. 2005)
Vol. 46, no. 1 (Jun. 2005)
Vol. 45, no. 2 (Dec. 2004)
Vol. 45, no. 1 (Jun. 2004)
Vol. 44, no. 2 (Dec. 2003)
Vol. 44, no. 1 (Jun. 2003)
Vol. 43, no. 2 (Dec. 2002)
Vol. 43, no. 1 (Jun. 2002)
Vol. 42, no. 2 (Dec. 2001)
Vol. 42, no. 1 (Jun. 2001)
Vol. 41, no. 2 (Dec. 2000)
Vol. 41, no. 1 (Jun. 2000)
Vol. 40, no. 2 (Dec. 1999)
Vol. 40, no. 1 (Jun. 1999)
Vol. 39, no. 2 (Dec. 1998)
Vol. 39, no. 1 (Jun. 1998)
Vol. 38, no. 2 (Dec. 1997)
Vol. 38, no. 1 (Jun. 1997)
Vol. 37, no. 2 (Dec. 1996)
Vol. 37, no. 1 (Jun. 1996)
Vol. 36, no. 2 (Dec. 1995)
Vol. 36, no. 1 (Jun. 1995)
Vol. 35, no. 2 (Dec. 1994)
Vol. 35, no. 1 (Jun. 1994)
Vol. 34, no. 2 (Dec. 1993)
Vol. 34, no. 1 (Jun. 1993)
Vol. 34, Special Issue (Dec. 1993)
Vol. 33, no. 2 (Dec. 1992)
Vol. 33, no. 1 (Jun. 1992)
Vol. 32, no. 2 (Dec. 1991)
Vol. 32, no. 1 (Jun. 1991)
Vol. 31, no. 2 (Dec. 1990)
Vol. 31, no. 1 (Jun. 1990)
Vol. 30, no. 2 (Dec. 1989)
Vol. 30, no. 1 (Jun. 1989)
Vol. 29, no. 2 (Dec. 1988)
Vol. 29, no. 1 (Jun. 1988)
Vol. 28, no. 2 (Dec. 1987)
Vol. 28, no. 1 (Jun. 1987)
Vol. 27, no. 2 (Dec. 1986)
Vol. 27, no. 1 (Jun. 1986)
Vol. 27, Special Issue (Oct. 1986)
Vol. 26, no. 2 (Dec. 1985)
Vol. 26, no. 1 (Jun. 1985)
Vol. 25, no. 2 (Dec. 1984)
Vol. 25, no. 1 (Jun. 1984)
Vol. 24, no. 2 (Dec. 1983)
Vol. 24, no. 1 (Jun. 1983)
Vol. 23, no. 2 (Feb. 1983)
Vol. 23, no. 1 (Jun. 1982)
Vol. 22, no. 2 (Feb. 1982)
Vol. 22, no. 1 (Jun. 1981)
Vol. 21, no. 2 (Feb. 1981)
Vol. 21, no. 1 (Jun. 1980)
Vol. 20, no. 2 (Feb. 1980)
Vol. 20, no. 1 (Jun. 1979)
Vol. 19, no. 1,2 (Dec. 1978)
Vol. 18, no. 2 (Feb. 1978)
Vol. 18, no. 1 (Jun. 1977)
Vol. 17, no. 2 (Feb. 1977)
Vol. 17, no. 1 (Jun. 1976)
Vol. 16, no. 2 (Feb. 1976)
Vol. 16, no. 1 (Jun. 1975)
Vol. 15, no. 2 (Feb. 1975)
Vol. 15, no. 1 (Jun. 1974)
Vol. 14, no. 2 (Feb. 1974)
Vol. 14, no. 1 (Jun. 1973)
Vol. 13, no. 2 (Feb. 1973)
Vol. 13, no. 1 (Jun. 1972)
Vol. 12, no. 2 (Feb. 1972)
Vol. 12, no. 1 (Jun. 1971)
Vol. 11, no. 2 (Feb. 1971)
Vol. 11, no. 1 (Jun. 1970)
Vol. 10, no. 2 (Feb. 1970)
Vol. 10, no. 1 (Jun. 1969)
Vol. 09, no. 2 (Feb. 1969)
Vol. 09, no. 1 (Jun. 1968)
Vol. 08, no. 2 (Feb. 1968)
Vol. 08, no. 1 (Jun. 1967)
Vol. 07, no. 2 (Feb. 1967)
Vol. 07, no. 1 (Jun. 1966)
Vol. 06, no. 2 (Feb. 1966)
Vol. 06, no. 1 (Jun. 1965)
Vol. 05, no. 2 (Jan. 1965)
Vol. 05, no. 1 (Jun. 1964)
Vol. 04, nos. 1/2 (Feb. 1964)
Vol. 03, no. 2 (Jun. 1963)
Vol. 03, no. 1 (Oct. 1962)
Vol. 02, no. 2 (Mar. 1962)
Vol. 02, no. 1 (Sep. 1961)
Vol. 01, no. 1 (Oct. 1960)
Number of Access this item:
2,014
(
2024-03-19
11:22 Counts
)
Identifier to cite or link to this item: https://doi.org/10.15057/18047
Identifier to cite or link to this item: https://hdl.handle.net/10086/18047
Link to primary information
File
Format
Size
Views
Description
cover_18047
pdf
HJeco0500200590
pdf
122 KB
1,964
Item Information
Output File
Title
Voluntary Information Disclosure and Corporate Governance : The Empirical Evidence on Earnings Forecasts
Creator
Creator Name
Abe, Naohito
Abe, Naohito
Affiliation
Affiliation Name
Hitotsubashi University
Creator Name
Chung, Yessica C.Y.
Chung, Yessica C.Y.
Affiliation
Affiliation Name
JICA Research Institute
Key Word
Information disclosure
Earnings forecast
Capital structure
Japan
JEL
M48
Abstract
This study investigates the determinants of companies' voluntary information disclosure. Employing a large and unique dataset on the companies' own earnings forecasts and their frequencies, we conducted an empirical analysis of the effects of a firm's ownership, board, and capital structures on information disclosure. Our findings are consistent with the hypothesis that the custom of cross-holding among companies strengthens entrenchment by managers. We also find that bank directors force managers to disclose information more frequently. In addition, our results show the borrowing ratio is positively associated with information frequency, suggesting that the manager is likely to reveal more when his or her firm borrows money from financial institutions. However, additional borrowings beyond the minimum level of effective borrowings decrease the management's disclosing incentive.
Publisher
Hitotsubashi University
Issued Date
2009-12
Language
English(eng)
Resource Type
departmental bulletin paper
Version Type
VoR
selfDOI
10.15057/18047
ISSN
0018-280x
NCID
AA00207547
Source Title
Hitotsubashi Journal of Economics
Volume Number
50
Issue Number
2
Page Start
59
Page End
74
Appears in Collections
Vol. 50, no. 2 (Dec. 2009)
URL
https://hdl.handle.net/10086/18047
Back to Home