Basic Information

Email Address

• Email Address

  yamada.kazuo.7zkyoto-u.ac.jp

Academic Degree

• 25 Mar. 2009

  神戸大学修士（商学）
• 25 Mar. 2012

  神戸大学博士（商学）

Academic Resume (Undergraduate School/Majors)

• 神戸大学, 経営学部経営学科, 卒業

Research History

• From Apr. 2010

  日本学術振興会, 特別研究員

Profile

• Profile

  コーポレートファイナンス(IPO、資金調達、資本構成)を専攻

ID,URL

• J-Global ID

  201101003348310386

Website(s) (URL(s))

• https://sites.google.com/site/yamadee

researchmap URL

• https://researchmap.jp/yamadee

Research

Research Topics, Overview of the research

• Research Topics

  Corporate finance
  Small business financing

• Overview of the research

  Empirical analyses related (sometimes unrelated) to corporate finance.

Research Interests

• Corporate Finance
• Startup finance
• IPO

Research Areas

• Humanities & social sciences, Business administration, ファイナンス

Papers

• Does ownership structure influence carbon emission? Different roles of institutional investors

  Pengda Fan; Xuepeng Qian; Jian Wang; Kazuo Yamada

  Journal of Climate Finance, Mar. 2024

  
• The decline of bank ownership and firm’s capital structure: evidence from Japanese business groups

  Izidin El Kalak; Khelifa Mazouz; Kazuo Yamada

  Applied Economics, 20 Jun. 2024

  
• The Bank of Japan’s equity purchases and stock price crash risk

  Izidin El Kalak; Onur Kemal Tosun; Kazuo Yamada

  Economics Letters, Aug. 2023, Corresponding author

  
• Management Innovations in Family Firms after CEO Successions: Evidence from Japanese SMEs

  Hirofumi Uchida; Kazuo Yamada; Alberto Zazzaro

  Japan and the World Economy, Mar. 2023

  
• When the Japanese stock market meets COVID-19: Impact of ownership, China and US exposure, and ESG channels

  Hidenori Takahashi; Kazuo Yamada

  International Review of Financial Analysis, Mar. 2021, Peer-reviewed

  
• The Bank of Japan's equity purchases and stock illiquidity

  Izidin El Kalak; Woon Sau Leung; Hidenori Takahashi; Kazuo Yamada

  Journal of Financial Markets, Jul. 2022

  
• Corporate Debt Mix and Long-term Firm Growth in Japan

  Yongkil Ahn; Yoshikatsu Shinozawa; Kazuo Yamada

  Emerging Markets Finance and Trade, 21 Jun. 2022

  
• Passive trading and firm performance: A quasi-natural experiment using the TSE-OSE merger in Japan

  Sana Mohsni; Isaac Otchere; Kazuo Yamada

  Pacific-Basin Finance Journal, Dec. 2021

  
• Inter-firm relationship and leverage adjustment

  Kazuo Yamada

  Research in International Business and Finance, Dec. 2019, Peer-reviewed

  
• Determinants of underwriting fees by new entrant banks: Evidence from the Japanese IPO underwriting market

  Financial Management, 2018, Peer-reviewed

  
• Supply-chain spillover effects of IPOs

  Kenji Kutsuna; Janet Kiholm Smith; Richard Smith; Kazuo Yamada

  Journal of Banking & Finance, Mar. 2016, Peer-reviewed

  
• IPOs, growth, and the impact of relaxing listing requirements

  Hidenori Takahashi; Kazuo Yamada

  Journal of Banking & Finance, Oct. 2015, Peer-reviewed

  
• Do the Use of Proceeds Disclosure and Bank Characteristics Affect Bank Underwriters' Certification Roles?

  Katsushi Suzuki; Kazuo Yamada

  JOURNAL OF BUSINESS FINANCE & ACCOUNTING, Sep. 2012, Peer-reviewed

  
• Trade and financial channels as the transmission mechanism of the financial crisis

  Shikimi, Masayo; Yamada, Kazuo

  International Review of Economics and Finance, Peer-reviewed

  
• Petty cash from parents: Provision liquidity to spin-offs by trade credit channel

  Honjo, Yuji; Yamada, Kazuo

  Journal of Small Business Management, Peer-reviewed

  
• Same Bed, Different Dream: The Analysis of the Composition of IPO Shares and Withdrawal Decisions

  Fan, Pengda; Yamada, Kazuo

  Small Business Economics, Peer-reviewed

  

Misc.

• Does Foreign Ownership Explain Company Export and Innovation Decisions? Evidence from Japan

  Okubo, Toshihiro; Wagner, Alexander; Yamada, Kazuo

  RIETI Discussion Paper Series

  

Presentations

• Does Monitoring of Asset Owners Accelerate Engagement by Asset Managers? Evidence from Anti-takeover Provisions of Japanese Listed Companies

  Kazuo Yamada

  European Financial Management Association, 2023

  
• 新型コロナがもたらした（非）断続性

  経営財務研究学会, 17 Sep. 2021, Invited

  
• Passive Trading and Performance: A Quasi Natural Experiment Using the Stock Exchange Merger in Japan

  Sydney Banking and Financial Stability, 15 Dec. 2020

  
• Inventory as a Liquidity Provision Channel

  New Zealand Finance Meeting, 09 Dec. 2020

  
• Do IPO Initial Listing Requirements Affect Innovation?

  経営財務研究学会, 03 Oct. 2019

  
• Passive Trading and Performance: A Quasi Natural Experiment Using the Stock Exchange Merger in Japan

  日本ファイナンス学会, 04 Jun. 2019

  
• Does the Change of IPO Listing Requirements Affect Innovation?

  EBM, 12 Nov. 2018

  
• Does the Lowering Listing Requirements Affect IPO Firm Innovation?

  ASBC, 12 Sep. 2018

  
• Passive Trading and Performance: A Quasi Natural Experiment using the Stock Exchange Merger in Japan

  World Finance Conference, 25 Jul. 2018

  
• Does the Group-Affiliation Influence Debt Financing of Newly Established Companies?

  SFM, 15 Dec. 2017

  
• Does the Group-Affiliation Influence Debt Financing of Newly Established Companies?

  Conference on Asia-Pacific Financial Markets, 07 Dec. 2017

  
• Who Decides IPO Withdrawal and When?

  Vietnam International Finance Conference, 2017

  
• Does the Group-Affiliation Influence Debt Financing of Newly Established Companies?

  Tokyo Workshop on Entrepreneurship and Innovation, 2017

  
• Does the Declining Power of Business Groups Affect Firms’ Financial Decision-Making?

  IFABS, 2016

  
• She’s Got a Ticket to Underwrite: How do Banks Expand their Market Share when They Enter the Underwriting Market?

  ENTFIN, 2016

  
• Trade and Financial Channels as the Transmission Mechanism of the Financial Crisis

  International Conference on Financial Risks and Their Management 2016, 2016

  
• Financial shock crosses the sea: Influence of US financial crisis on Asian firms’ financial behavior

  IFABS Corporate Finance, 2015

  
• Cash is King against the Crush and what it Brings

  ?Japan Finance Association Finance Camp, 2015

  
• What Causes zombie Lending? Impact of the Supply-Chain Network and Firm's Liquidity Shocks on Bank's Lending Contracts

  ICAFM, 2015

  
• Role of banks in venture financing

  IFABS, 2014

  
• Blockholders and firm performance: Quasi-experiment from Japanese bank-mergers

  Southwestern Finance Association Annual Conference, 2014

  
• Blockholders and firm performance: Quasi-experiment from Japanese bank-mergers

  The 26th Australasian Finance & Banking Conference, 2013

  
• Inter-firm relationship and leverage adjustment

  Annual Conference of the European Financial Management Association, 2013

  
• Inter-firm Relationship and Leverage Adjustment

  International Business and Information Conference, 2012

  
• Spillover Effect of IPO on their Business Partners

  Global Business Conference 2011, 2011

  
• How Bank Health Affects Debt Financing and Performance of IPO Firms? Evidence from Japanese Financial Crisis

  Association of Japanese Business Studies 24th Annual Conference, 2011

  

Awards

• 21 Jun. 2018

  Best Paper Awards（Asian Finance Association）
• 09 Oct. 2016

  学会賞（経営財務研究学会）

Education

Teaching subject(s)

• From 01 Apr. 2024, To 31 Mar. 2025

  International Business Administration Workshop II

  A553, Fall, Graduate School of Management, 2
• From 01 Apr. 2024, To 31 Mar. 2025

  International Business Administration Workshop I

  A503, Spring, Graduate School of Management, 2
• From 01 Apr. 2024, To 31 Mar. 2025

  Startup M&A

  7380, Fall, Graduate School of Management, 2
• From 01 Apr. 2024, To 31 Mar. 2025

  Advanced Finance

  D310, Spring, Graduate School of Management, 2
• From 01 Apr. 2024, To 31 Mar. 2025

  Analysis of Securities Investment

  3190, Fall, Graduate School of Management, 2
• From 01 Apr. 2024, To 31 Mar. 2025

  Finance

  2070, Spring, Graduate School of Management, 2
• From 01 Apr. 2024, To 31 Mar. 2025

  Finance & Accounting Workshop II (Isagawa,Yamada.K,Mizutani)

  5816, Fall, Graduate School of Management, 2
• From 01 Apr. 2024, To 31 Mar. 2025

  Finance & Accounting Workshop I (Isagawa,Yamada.K,Mizutani)

  5516, Spring, Graduate School of Management, 2
• From 01 Apr. 2024, To 31 Mar. 2025

  Corporate Finance

  3200, Fall, Graduate School of Management, 2
• From 01 Apr. 2023, To 31 Mar. 2024

  Startup M&A

  7380, Fall, Graduate School of Management, 2
• From 01 Apr. 2023, To 31 Mar. 2024

  Finance and Accounting Workshop II (Isagawa & Yamada.K)

  5811, Fall, Graduate School of Management, 2
• From 01 Apr. 2023, To 31 Mar. 2024

  Finance and Accounting Workshop I (Isagawa & Yamada.K)

  5511, Spring, Graduate School of Management, 2
• From 01 Apr. 2023, To 31 Mar. 2024

  Advanced Finance

  D310, Spring, Graduate School of Management, 2
• From 01 Apr. 2023, To 31 Mar. 2024

  International Business Administration Workshop II

  A553, Fall, Graduate School of Management, 2
• From 01 Apr. 2023, To 31 Mar. 2024

  International Business Administration Workshop I

  A503, Spring, Graduate School of Management, 2
• From 01 Apr. 2023, To 31 Mar. 2024

  Analysis of Securities Investment

  3190, Fall, Graduate School of Management, 2

Participation in PhD Defense

• 事業承継における非上場企業の株式価値評価の研究～日本における年買法の実態調査と実証分析～

  MONZAWA SHIN, Graduate School of Management, Sub-chief Examiner

  25 Mar. 2024

Administration

School management (title, position)

• From 01 Apr. 2024, To 31 Mar. 2026

  京都大学奨学金返還免除候補者選考委員会 委員
• From 01 Apr. 2024, To 31 Mar. 2026

  学生生活委員会 委員

Faculty management (title, position)

• From 01 Apr. 2023, To 31 Mar. 2024

  経営管理研究部 教務系委員会 委員
• From 01 Apr. 2024, To 31 Mar. 2026

  経営管理研究部 経営研究センター運営委員会 委員
• From 01 Apr. 2023, To 31 Mar. 2024

  経営管理研究部 国際交流委員会 委員
• From 01 Apr. 2024, To 31 Mar. 2025

  経営管理研究部 国際交流委員会 委員
• From 01 Apr. 2024, To 31 Mar. 2026

  経営管理研究部 点検評価委員会 委員
• From 01 Apr. 2024, To 31 Mar. 2025

  経営管理研究部 同窓会委員会 委員