武田 史子 (タケダ フミコ)

Takeda, Fumiko

写真a

所属(所属キャンパス)

経営管理研究科 (日吉)

職名

教授

HP

外部リンク

経歴 【 表示 / 非表示

  • 2002年04月
    -
    2003年03月

    横浜市立大学, 商学部, 専任講師

  • 2003年04月
    -
    2004年02月

    横浜市立大学, 商学部, 助教授

  • 2004年03月
    -
    2007年03月

    東京大学, 大学院工学系研究科, 助教授

  • 2007年04月
    -
    2022年03月

    東京大学, 大学院工学系研究科, 准教授

  • 2022年04月
    -
    継続中

    慶應義塾大学, 大学院経営管理研究科, 教授

学歴 【 表示 / 非表示

  • 1987年04月
    -
    1991年03月

    東京大学, 教養学部, 教養学科

    大学, 卒業

  • 1996年09月
    -
    2001年12月

    Yale University, Graduate School of Arts and Sciences, Department of Economics

    大学院, 修了, 博士

学位 【 表示 / 非表示

  • Ph.D. (Economics), Yale University, 課程, 2001年12月

 

論文 【 表示 / 非表示

  • Empirical study on voting results and proxy advisor recommendations in Japan

    Miyachi H., Takeda F.

    Journal of International Financial Markets, Institutions and Money (Journal of International Financial Markets, Institutions and Money)  92   101973 - 101973 2024年04月

    研究論文(学術雑誌), 共著, 筆頭著者, 最終著者, 責任著者, 査読有り,  ISSN  10424431

     概要を見る

    This study examines the relationship between proxy advisory firms’ recommendations and investors’ voting behavior in Japan, where corporate governance has been under transition. Based on 1,025 shareholder meeting proposals and recommendations by proxy advisory firms in Japan between March 2010 and March 2022, multivariate regression analyses reveal that the dissenting recommendations of the two main proxy advisory firms are negatively correlated with the approval rate of proposals, as well as the percentage of affirmative votes cast by institutional investors. Furthermore, the institutional investors’ behavior is more consistent with the recommendations of proxy advisory firms than that of other investors.

  • Effects of shareholder proposals on the market value of Japanese firms

    Sato R., Takeda F.

    International Review of Economics and Finance (International Review of Economics and Finance)  86   320 - 333 2023年07月

    研究論文(学術雑誌), 共著, 責任著者, 査読有り,  ISSN  10590560

     概要を見る

    This study investigates the effect of shareholder proposals on the market value of Japanese firms in the second wave of activism from 2017 to 2021. While announcements of receiving a shareholder proposal positively affect stock prices of investee companies, rejection of a shareholder's proposal has a negative impact. Unlike the first wave of activism, proposals related to the election and dismissal of directors are no different from those of other proposals, which may become more important as shareholder proposals diversify. Similar to the first wave, market responses become larger when the large shareholders made the proposals.

  • Effects of the COVID-19 pandemic on the market value of Japanese gaming companies

    Feng C., Takeda F.

    Applied Economics (Applied Economics)  forthcoming 2023年05月

    研究論文(学術雑誌), 共著, 責任著者, 査読有り,  ISSN  00036846

     概要を見る

    In this study, we examine the short-term stock price reactions of Japanese gaming companies to events related to the coronavirus disease 2019 (COVID-19) pandemic. Using the event study method, we first estimate stock price reactions to the outbreak of the pandemic and the declaration of a state of emergency. We then perform multivariate regressions to investigate the factors affecting market responses. Our results demonstrate that the stock prices of Japanese gaming companies reacted negatively to the outbreak of the COVID-19 pandemic, and the initial negative effects were greater for mobile gaming companies and for companies with small sizes or low Tobin’s Q. By contrast, the market has reacted positively to the declaration of the state of emergency, which perhaps drove more people to play games at home.

  • Employing string similarity metrics of partners to estimate audit team continuity: determinant and its effects on audit outcomes and pricing

    Frendy; Takeda, F

    JOURNAL OF ACCOUNTING LITERATURE (Emerald)  45 ( 2 ) 314 - 339 2023年

    研究論文(学術雑誌), 共著, 責任著者, 査読有り,  ISSN  0737-4607

     概要を見る

    <jats:sec><jats:title content-type="abstract-subheading">Purpose</jats:title><jats:p>Partners are responsible for allocating audit tasks and facilitating knowledge sharing among team members. This study considers changes in the composition of partners to proxy for the continuity of the audit team. This study examines the effect of audit team continuity on audit outcomes (audit quality and report lags), pricing and its determinant (lead partner experience), which have not been thoroughly examined in previous studies.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Design/methodology/approach</jats:title><jats:p>This study employs string similarity metrics to measure audit team continuity. The study employs multivariate panel data regression empirical models to estimate a sample of 26,007 firm-years of listed Japanese companies from 2008 to 2019.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Findings</jats:title><jats:p>The study reveals that audit team continuity is negatively associated with audit fees, regardless of the auditor’s size. This finding contributes to the existing literature by showing that audit team continuity represents one of the determinant factors of audit fee. For clients of large audit firms, companies with higher (lower) audit team continuity issue audit reports in less (more) time. The experience of lead partners is a strong predictor of audit team continuity, irrespective of audit firm size. Audit quality is not associated with audit team continuity for either large or small audit firms.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Originality/value</jats:title><jats:p>This study proposes and examines audit team continuity measures that employ string similarity metrics to quantify changes in the composition of partners in consecutive audit engagements. Audit team continuity expands upon the tenure of individual audit partners, which is commonly used in prior literature as a measure of client–partner relationships.</jats:p></jats:sec>

  • The Impact of the Covid-19 Pandemic on Japanese Stock Markets, Revisited

    K Mori, F Takeda

    慶應経営論集 (慶應義塾経営管理学会)  39 ( 1 )  2023年

    研究論文(大学,研究機関等紀要), 共著, 責任著者

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競争的研究費の研究課題 【 表示 / 非表示

  • アクティビストの介入が企業行動や企業価値に与える影響についての研究

    2022年04月
    -
    2025年03月

    文部科学省・日本学術振興会, 科学研究費助成事業, 武田 史子, 基盤研究(C), 補助金,  研究代表者

 

担当授業科目 【 表示 / 非表示

  • 経営環境特殊講義

    2024年度

  • 経営環境演習

    2024年度

  • 日本の経営環境

    2024年度

  • データサイエンス概論

    2024年度

  • 個人研究C(EMBA)

    2024年度

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委員歴 【 表示 / 非表示

  • 2022年10月
    -
    継続中

    個人代議員, 東京大学校友会

  • 2022年09月
    -
    継続中

    独占禁止懇話会会員, 公正取引委員会

  • 2021年10月
    -
    継続中

    国際交流委員, 日本会計研究学会

  • 2021年01月
    -
    継続中

    Director of the Board, Asia-Pacific Management Accounting Association

  • 2013年
    -
    継続中

    Editorial Board Member, The International Journal of Accounting

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