Corporate Governance and Value Creation in Japan

Prescriptions for Boosting ROE

Business & Finance, Finance & Investing, Corporate Finance, Business Reference
Cover of the book Corporate Governance and Value Creation in Japan by Ryohei Yanagi, Springer Singapore
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Ryohei Yanagi ISBN: 9789811085031
Publisher: Springer Singapore Publication: April 16, 2018
Imprint: Springer Language: English
Author: Ryohei Yanagi
ISBN: 9789811085031
Publisher: Springer Singapore
Publication: April 16, 2018
Imprint: Springer
Language: English

This is the first book to furnish a root cause of the low valuation of Japanese listed companies by using, as qualitative evidence, unique global investor surveys, which are rarely available for Japanese companies. Also contained in this book as quantitative evidence is empirical research with regression analysis implying a positive correlation between corporate governance and value creation in Japan.

The author explains the rationale underlying the suggestion of the Ito Review on return on equity (ROE) 8% guidance, an almost 50% discounted valuation of the cash held by Japanese companies, corporate value and ROE, equity spread as a key performance indicator for value creation, an optimal dividend policy based on optimal capital structure, risk-adjusted hurdle rates for value-creative investment criteria, and the synchronization of environmental, social, and governance with equity spread.

Illustrated with relevant statistics, evidence of shareholders’ voices, case studies, and empirical research, the book is highly recommended for readers who seek qualitative and quantitative evidence of Japan’s problems and potential prescriptions in connection with value creation.

 

“This book empirically proves the relationship between non-financial capitals defined by IIRC and corporate value, and provides a convincing method to unlock corporate value in Japan via Abenomics corporate governance reforms. A must read!”

Richard S. Howitt, Chief Executive Officer, International Integrated Reporting Council (IIRC)

 

“This book addresses emerging issues such as the "Power of Intangibles" in addition to IMA-defined "Equity Spread" as a gauge for value creation from the viewpoint of management accounting. It is highly recommended for finance and accounting professionals.”

Jeffrey C. Thomson, CMA, CAE.  President and CEO, Institute of Management Accountants (IMA)

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This is the first book to furnish a root cause of the low valuation of Japanese listed companies by using, as qualitative evidence, unique global investor surveys, which are rarely available for Japanese companies. Also contained in this book as quantitative evidence is empirical research with regression analysis implying a positive correlation between corporate governance and value creation in Japan.

The author explains the rationale underlying the suggestion of the Ito Review on return on equity (ROE) 8% guidance, an almost 50% discounted valuation of the cash held by Japanese companies, corporate value and ROE, equity spread as a key performance indicator for value creation, an optimal dividend policy based on optimal capital structure, risk-adjusted hurdle rates for value-creative investment criteria, and the synchronization of environmental, social, and governance with equity spread.

Illustrated with relevant statistics, evidence of shareholders’ voices, case studies, and empirical research, the book is highly recommended for readers who seek qualitative and quantitative evidence of Japan’s problems and potential prescriptions in connection with value creation.

 

“This book empirically proves the relationship between non-financial capitals defined by IIRC and corporate value, and provides a convincing method to unlock corporate value in Japan via Abenomics corporate governance reforms. A must read!”

Richard S. Howitt, Chief Executive Officer, International Integrated Reporting Council (IIRC)

 

“This book addresses emerging issues such as the "Power of Intangibles" in addition to IMA-defined "Equity Spread" as a gauge for value creation from the viewpoint of management accounting. It is highly recommended for finance and accounting professionals.”

Jeffrey C. Thomson, CMA, CAE.  President and CEO, Institute of Management Accountants (IMA)

More books from Springer Singapore

Cover of the book Native and Non-Native English Speaking Teachers in China by Ryohei Yanagi
Cover of the book Soft Computing in Data Science by Ryohei Yanagi
Cover of the book Pattern Recognition by Ryohei Yanagi
Cover of the book Electric Distribution Network Management and Control by Ryohei Yanagi
Cover of the book Labor Forces and Landscape Management by Ryohei Yanagi
Cover of the book Mobile Internet Security by Ryohei Yanagi
Cover of the book Introduction to Rights-based Direct Practice with Children by Ryohei Yanagi
Cover of the book Distributed Parameter Modeling and Boundary Control of Flexible Manipulators by Ryohei Yanagi
Cover of the book Finite Time and Cooperative Control of Flight Vehicles by Ryohei Yanagi
Cover of the book China’s Rural Development Road by Ryohei Yanagi
Cover of the book Brassinosteroids: Plant Growth and Development by Ryohei Yanagi
Cover of the book Sustainable Energy Technology and Policies by Ryohei Yanagi
Cover of the book Advances in Intelligent Computing by Ryohei Yanagi
Cover of the book Developing Critical Thinking in EFL Classes by Ryohei Yanagi
Cover of the book China’s Last Jesuit by Ryohei Yanagi
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy