Research

June, 2024

Publications

Refereed Journal

1. The optimal choice of a relative performance indicator in product market competition. Economics and Business Letters, forthcoming. (with Sho Hayakawa) →[Latest WP version]

2. The welfare effect of release timing of relative performance evaluation under quantity competition and asymmetric costs. Scottish Journal of Political Economy, forthcoming. (with Vinay Ramani)

3. Asymmetric performance evaluation under quantity and price competition with managerial delegation. B.E. Journal of Economics Analysis and Policy, forthcoming. (with Vinay Ramani) 

4. Does a leading indicator related to a customer improve a firm's profit? The Japanese Accounting Review, forthcoming, 2024. →[Latest WP version]

5. Social performance vs. relative performance evaluation, asymmetric costs, and quantity competition under managerial delegation. Managerial and Decision Economics, 44(3), 1706-1719, 2023. (with Vinay Ramani)  

6. Cost-based transfer pricing with the existence of a direct channel in an integrated supply chain, Journal of Modelling in Management, 17(4), 1544-1565, 2022. →[Latest WP version]

   • Previously circulated as "Impact of a direct channel on the choice of absorption verses direct costing using cost-based transfer price."

7. Weight assigned to a rival's profit by an advantaged firm in relative performance evaluation with Cournot-Bertrand competition. Managerial and Decision Economics, 43(7), 2838-2844, 2022.

8. Environmental corporate social responsibility and strategic transfer pricing in quantity competition, Economics Bulletin 41(4), 2338-2347, 2021. →[Abstract]

   • Previously circulated as "Environmentally conscious managers set a strategic transfer price above marginal cost in quantity competition."

9. Retailer voluntary investment against a threat of manufacturer encroachment, Marketing Letters 32(4), 379-395, 2021. (with Yusuke Zennyo) →[Latest WP version]

10. What level do disadvantaged firms weight rivals’ profits in relative performance evaluations under quantity competition? Managerial and Decision Economics 42(2), 493-501, 2021

11.  Unobservable transfer price exceeds marginal cost when the manager is evaluated using a balanced scorecard, Advances in Accounting 44, 22-28, 2019.

12.  The impact of an information linkage system on a firm’s organization structure, transfer price, and profit, Asia-Pacific Management Accounting Journal 13(1), 141-152, 2018.

→Google Scholar

Working papers

• Performance Comparison and Incentive Contracts. Available at SSRN: id 4783828. (with Eiji Ohashi)

• Does the team manager raise the profit-sharing rate in team production and product market competition? Available at SSRN: id 4715940. 

• Is fixed salary “fixed”? Fixed salaries in managerial compensation depend on the firm performance in Japan. Available at SSRN: id 4702545. (with Sho Hayakawa and Kento Inoue)

• Conformity pressure to demand-enhancing investments among supply chain parties. Available at SSRN: id 4625480. 

• Stock price index contract in managerial compensation under relative performance evaluation in Japan. Available at SSRN: id 4609882, 2023. (with Kento Inoue and Sho Hayakawa)

• The nail that stands is hammered down: Using financial reporting comparability to set peer groups on benchmarking for managerial compensation in Japan. Available at SSRN: id 4398675. (with Kento Inoue)

• Effects of a socially concerned manufacturer on endogenous timing game in dual-channel supply chain. Available at SSRN: id 4113715, 2022. (with Morifumi Hirao)

• Lead or facilitate? When should an MBA-educated member decide on an action in team production? Available at SSRN: id 4093439, 2022. (with Mai Yamada)

• The effect of common ownership among supply chain parties on decision-making and surplus with manufacturer encroachment. Available at SSRN: id 3927240., 2021 

  • previously circulated as "Manufacturer encroachment in a product market and common ownership between supply chain parties."

• Does stigma against tax avoidance improve social welfare? MPRA paper ID 107173, 2021. (with Kenichi Kurita)

• Disclosure policy for relative performance indicators under product market competition. Available at SSRN: id 3779116, 2021.

• Over-investment and product market competition. Available at SSRN: ID 3738899, 2020. (with Kento Inoue, Takeshi Yoshikawa, and Kohei Arai)

• Does debt intensity have an impact on cost behavior? Evidence from Japan. Available at SSRN: ID 3734486, 2020. (with Daichi Kato and Sho Hayakawa)

•  Strategic transfer pricing, absorption costing, and choice of depreciation method. Kobe University Ph.D. Working Paper Series 2, 2015.

Work in process

• Coming soon...

Presentations

• The nail that stands is hammered down: Using financial reporting comparability to set peer groups on benchmarking for managerial compensation in Japan. Tenth Journal of International Accounting Research Conference in Norwich, 2023. (with Kento Inoue) 

• Disclosure policy for relative performance indicators under product market competition. American Accounting Association Annual Meeting 2021 (online).

• Over-investment and product market competition. Canadian Academic Accounting Association Annual Conference 2021 (online). (with Kento Inoue, Takeshi Yoshikawa and Kohei Arai)

• Does debt intensity have an impact on cost behavior? European Accounting Association 44th Annual Congress (online), 2021. (with Daichi Kato and Sho Hayakawa)

• Impact of direct channel on the choice of absorption verses direct costing using cost based transfer price. Taiwan Accounting Association Annual Conference and Asian Accounting Association Conference in Taipei, 2018.

• Impact of information linkage system on firm’s organization structure, transfer price, and profit. Asia Pacific Management Accounting Association 12th Annual Conference in Taipei, 2016.

• Unobservable transfer price exceeds marginal costs under relative performance evaluation of the CEO. European Accounting Association 39th Annual Congress in Maastricht, 2016.

Referee

Journals

Applied Economics (4); Applied Science; Asia-Pacific Journal of Accounting and Economics; B.E. Journal of Economics Analysis and Policy; Cogent Economics and Finance; Computers and Industrial Engineering (2); Economics of Disasters and Climate Change; Energies; European Journal of Operational Research (13); International Journal of Environmental Research and Public Health (2); Journal of Advanced Manufacturing Systems (4); Journal of Open Innovation: Technology, Market, and Complexity; Journal of Operational Research Society; Journal of the Operations Research Society of Japan (2); Managerial and Decision Economics (5); Mathematics; Operational Research; Sustainability (12)

Conferences

Academy of Management Annual Meeting (4); American Accounting Association Annual Meeting (3); Canadian Academic Accounting Association Annual Conference 

Fellowship and Awards

Pre-doctoral fellowships, JSPS, April 2016 – March 2017.

Grants

April 2021 – March 2026 Grant-in-Aid for Young Scientists “A study on the setting of a peer group in relative performance evaluation with product market competition” 4,550,000JPY. 

April 2018 – March 2021 Grant-in-Aid for Young Scientists “Relative performance indicator discloser and competition in product market” 3,380,000JPY.

April 2016 – March 2017 Grant-in-Aid for JSPS fellows; “Impact of allowance for doubtful accounts on supply chain” 1,200,000JPY.

June 2014 – June 2016 Research Grant from Melco foundation; “Rank reward system and employee behavior” 400,000JPY.