研究者詳細

学術論文
分割表示   全件表示 >>

36 件中 11 - 20 件目

年度
Year
論文題目名
Title of the articles
共著区分
Collaboration
   Classification
NeoCILIUS
   請求番号/資料ID
Request No
掲載誌名 Journal name,出版機関名 Publishing organization,巻/号 Vol./no.,頁数 Page nos.,発行年月(日) Date
2011  Dollars, Donuts and Options  共著   
Nanzan Management Review  , Nanzan University/School of Business Administration  , 26/3  , 205-222  , 2012/03   

概要(Abstract) The English term “exchange rate” is unfamiliar; it sounds like some kind of ratio. But in fact, the “exchange rate” is simply a price; it is not very different from the prices of beer or cigarettes that you buy at a convenience store. The “exchange rate” is the yen price of foreign money. So, just as one donut might cost 80 yen at a Mister Donuts shop; the price of one American dollar might cost 80 yen at the Bank of Tokyo-Mitsubishi UFJ. Donuts are important; everyone loves donuts and we are all greatly concerned about the price of donuts. Dollars are important too. Of course, we do not eat dollars, but we need dollars to buy donuts, products and services made by Americans. When Japanese companies sell products to foreigners, they receive dollars, (euros, British pounds, won …). The yen value of foreign money is determined by the exchange rate. That means the profits and wages of many Japanese companies are closely linked to the exchange rate too. Cheap dollars mean low profits for great Japanese exporters like Mori Seki and Toyota Motor. This also means fewer jobs for graduates from Nagoya Gakuin or Nanzan. The prices of beer, cigarettes, ramen noodles, donuts and the other vital necessities of student life are fairly stable. A beer today costs the same as a beer last year, and even the year before. BUT, this is not true for exchange rates. The price of dollars has changed wildly over the years. In 1984 the price of one American dollar was about 239 yen; on January 24th of 2012, the price of a dollar was only 77.67 yen. Not only has the long-term price of dollars been downward, but it has changed wildly over very short periods of weeks and even days. The prices of euros and pounds also change a lot. This makes it very difficult to run a business. The transaction that seems like a good deal today may suffer a big loss next month when the exchange rate changes in an unexpected way. Company managers must find a way to deal with this huge risk. With the help of banks and special financial markets, companies have developed ways to manage the risk of unexpected changes in exchange rates.  

備考(Remarks)  

2010  Expropriation is the Exercise of an Option: Modeling the Sakhalin-2 Production Sharing Agreement as an American Call Option  共著   
Nanzan Management Review  , Nanzan University  , 25/3  , 109-120  , 2011/03   

概要(Abstract)  

備考(Remarks) 共著:N. Takezawa and K. Sawaki 

2010  Post-Restructuring Performance in Japan  共著   
Pacific-Basin Finance Journal  , Asian Finance Association  , 18/3  , 494-508  , 2010/11   

概要(Abstract)  

備考(Remarks) 共著:K. Inoue and K. Uchida 

2009  The International Financial Crisis of 2007-2009  共著   
Nanzan Management Review  , Nanzan University  , 24/3  , 1-20  , 2010/03   

概要(Abstract)  

備考(Remarks) 共著:K. Yamada and J. Tong 

2009  Foreign Direct Investment, Real Options and Expropriation under Incomplete Information: Theory and Example  共著   
Journal of Real Options and Strategy  , Japan Association of Real Options and Strategy  , 3/1  , 25-39  , 2010/02   

概要(Abstract)  

備考(Remarks) 共著:N. Takezawa and K. Sawaki 

2008  Can Margin Traders Predict Future Stock Returns in Japan?  共著   
Pacific-Basin Finance Journal  , Asian Finance Association  , 17/1  , 41-57  , 2009/1   

概要(Abstract)  

備考(Remarks) 共著:T. Hirose and H. K. Kato 

2008  Corporate Restructuring in Japan: Who Monitors the Monitor?  共著   
Journal of Banking and Finance  , European Finance Association  , 32  , 2628-2635  , 2008/12   

概要(Abstract)  

備考(Remarks) 共著:K. Inoue and H. K. Kato 

2007  Recent Mergers and Acquisitions in Japan−New Evidence of Impact by Takeovers in the Japanese Market  共著   
Nanzan Management Review  , Nanzan University  , 22/1  , 33-58  , 2007/06   

概要(Abstract)  

備考(Remarks) 共著:Yasuhiro Yamamoto 

2006  The Depositor Discipline Hypothesis--The Transition to an Interaction Effect  共著   
Japanese Journal of Administrative Science  , Japanese Society of Administrative Science  , 20/1  , 13-26  , 2007/03   

概要(Abstract)  

備考(Remarks) 共著:A. Kobayashi 

2005  Does the High-Volume Return Premium Exist in Japan?  共著   
Nanzan Management Review  , Nanzan Daigaku Keiei Gakkai  , 20/2-3  , 133-148  , 2006/03   

概要(Abstract)  

備考(Remarks)  

Page: [<<PREV] [1] [2] [3] [4] [NEXT>>]