International Perspectives on Accounting and Corporate Behavior

1 Overview (Kunio Ito). Part 1 Earnings Attributes and Corporate Behavior.- 2 What do Smoothed Earnings Tell Us about the Future? (Yusuke Takasu and Makoto Nakano).- 3 The Effect of Accounting Conservatism on Corporate Investment Behavior (Souhei Ishida and Kunio Ito).- 4 Matching expenses with revenues around the world (Tetsuyuki Kagaya ).- 5 Does Comprehensive Income Influence Dividends? Empirical Evidence from Japan (Kunio Ito and Takuma Kochiyama).- 6 Accounting Policy Choice for Negative Goodwill (Yukari Takahashi).- 7 Fair Value Accounting of Pension Liabilities and Discretionary Behavior (Shigeaki Sawada).- 8 The Influence of Informal Institutions on Impaired Asset Write-offs: Securing Future and Current Pies for Payouts in Japan (Keishi Fujiyama).- 9 Ex-post information value of risk disclosure (Kunio Ito, Tetsuyuki Kagaya, and Hyonok Kim). Part 2 Disclosure and Enforcement.- 10 The effects of risk disclosure on evaluation of management forecast revisions (Hyonok Kim).- 11 The Effect of Continuous Disclosure of Environmental Report (Yuki Tanaka).- 12 Analyst Herding around Management Forecasts (Mikiharu Noma).- 13 Management Incentives to Publish Aggressive or Conservative Earnings Forecasts and Disclosure Policy Change (Tomohiro Suzuki).- 14 Effects of Biased Earnings Forecasts: comparative study of earnings forecasts disclosures by US and Japanese firms (Shoichi Tsumuraya).

Editors

Kunio Ito is a professor and a director of MBA program at the Graduate School of Commerce and Management of Hitotsubashi University in Japan. He earned his Ph.D. from Hitotsubashi University. He is also the President of Japan Accounting Association (since 2012). During the last 15 years Ito has taught accounting, financial statement analysis and valuation in the school's MBA and doctoral courses and senior executive program. He has served as outside director to several leading Japanese corporations and as advisor to the Tokyo Stock Exchange.

Makoto Nakano is a professor at the Graduate School of Commerce and Management of Hitotsubashi University in Japan, where he completed his Ph.D. in management and accounting in 1995. His research is related to financial reporting, corporate finance, corporate governance and equity valuation. Dr. Nakano has published on these subjects in Corporate Governance: An International Review (vol. 20; 2012), Applied Financial Economics (vol.23; 2013) and The Japanese Accounting Review (vol. 2; 2012). He is also the author of Reliance on Foreign Markets: Multinationality and Performance (Springer, 2013).

The book provides a wealth of detail on the Japanese model of capitalism and its implications for corporate governance and accounting policy. [...] Scholars and practitioners in the IFRS harmonization space will be well served by obtaining a copy of the Ito-Nakano book for their institutional libraries.



Karthik Ramanna, Associate Professor of Business Administration, Harvard University

In The Accounting Review, Vo.90, No.3 2015, pp.1244-1247







Overall, the book is valuable not only for academics but also for business practitioners and policy makers. [...] The implications derived from the empirical evidence of this book may be useful to create a better system. Therefore, this book contributions to the discussion of the field of international accounting.



Fumiko Takeda, Associate Professor, Department of Technology Management, The University of Tokyo

In The International Journal of Accounting, Volume 50, Issue 2, June 2015, pp. 242-245