VITA
TAKASHI YAEKURA
Professor
Hosei University
Faculty of Business Administration
2-17-1 Fujimi
Chiyoda, Tokyo 102-8160
JAPAN
e-mail: ty57 at cornell.edu. (Replace at with @.)
ACADEMIC BACKGROUND
Ph.D. in Accountancy, 2001, University of Illinois at Urbana-Champaign
M.B.A., 1991, Cornell University, Ithaca, NY
B. Laws, 1986, University of Tokyo, Japan
Certified Public Accountant, Illinois, 1994
Certified Public Accountant, Washington, 1993
Chartered Member, Security Analysts Association of Japan, 1992
Systems Administrator, 2001
EMPLOYMENT HISTORY
2004 - present Professor, Hosei University
2001 - 2004 Assistant Professor, University of Tsukuba
1998 - 2001 Assistant Professor, International University of Japan
1997 Visiting Professor, International University of Japan
1986-1993 Various Positions, The Sanwa Bank, Ltd., Tokyo, Japan
Past and present visiting appointments at Universities of Nagoya City, Chiba, Tohoku, Saitama, Musashi, and Waseda.
MEMBERSHIP
American Accounting Association, American Finance Association, American Institute of Certified Public Accountants, British Accounting Association, Canadian Academic Accounting Association, Japan Financial Economic Association, Japan Accounting Association, Japanese Association of Management Accounting
HONORS
2004 Best Teacher Award for School Year 2003, Musashi University
2001 Outstanding International Doctoral Dissertation Award, AAA International Accounting Section
2000 Rintaro Aoki Outstanding Papers Award, International Association for Accounting Education and Research Conference
1998 Best Paper, AAA Midwest Regional Meeting
1997 Fellow, AAA Northeast Regional Meeting Doctoral Consortium (Binghamton U.)
1996 Fellow, Doctoral Internationalization Consortium in Accounting (U. of Washington)
1995 Fellow, Big Ten Accounting Doctoral Consortium (U. of Chicago)
RESEARCH
A. Research Interest
Empirical (archival) research in financial accounting, especially in, but not limited to, global settings. Of particular interest are information structure and its empirical implications, security valuation, and market efficiency.
B. Dissertation
"A Comparative Study of the Usefulness of Accounting Systems"
Committee: J. Richard Dietrich(Chair), Andrew Bailey, Jr., Theodore Sougiannis, and James Gentry
C. Publication
"Japan" in Asian Accounting Handbook (editor: S. Saudagaran) Thomson Asia 2005.
"Disclosure and Firm Value" Financial Accounting Standards Foundation: Tokyo, Japan 2004(in Japanese).
"An Analysis of the Difficulty in Correctly Identifying Discretionary Accruals"(with David A. Ziebart). Forthcoming in Advances in Quantitative Analysis of Finance and Accounting, 2004.
"The Role of Accounting Information in Security Analysis," Kigyou Kaikei(Accounting) 55(9), September 2003. pp. 59-64(in Japanese).
"Disclosure and Firm Value," Disclosure Forum 1(1), July 2003. pp. 102-110(in Japanese).
"IASB Performance Reporting Project: The Problems" JICPA Journal 15(2), February 2003, pp. 33-36. (in Japanese)
"Evaluating Macro Accounting Policy from a Viewpoint of Empirical Research" in Evaluating Macro Accounting Policy, H. Yamaji(ed.), Research Institute for Economics and Business at Kobe University, 2002(in Japanese).
"The Accuracy and Bias of Equity Values Inferred from Analysts' Earnings Forecasts" (with Theodore Sougiannis). Journal of Accounting, Auditing, and Finance 16(4), Fall 2001, pp. 331-362.
"Accounting Standard Setting and Accounting-Based Valuation Model," Kaikei(Accounting) 160(2), August 2001, pp. 55-61. (in Japanese).
"Accounting for Leases" in International Accounting Standard Textbook. H. Sakurai(ed.). Hakuto-Shobo:Tokyo, Japan. 2001. (in Japanese)
"Book Review: Information Perspective Based on Cash Flow," Kigyou Kaikei(Accounting) 53(7), July 2001. p. 79(in Japanese)
"Empirical Research on Consolidated Financial Statements," Kigyou Kaikei(Accounting) 53(1, 2), January (pp. 110-112) 2001 and February (pp. 94-96) 2001. (in Japanese)
"Book Review: Capital Markets-Based Accounting Research in Accounting: An Introduction," Kigyou Kaikei(Accounting) 52(7), July 2000. p. 79(in Japanese)
"Performance Measure and Stock Prices -Cash Flow, EVA(TM), and Ohlson Model-" The Journal of Management Accounting, Japan 8(1/2), 2000, pp. 157-67. (in Japanese)
"Book Review: Introduction to Business Analysis and Valuation," Kaikei(Accounting) 156(3), September 1999, pp. 155-158. (in Japanese)
"A Comparison of the Usefulness of U.S. GAAP and IAS for the Investment Decision Process," Security Analysts Journal 37(4), April 1999, pp. 54-61. (in Japanese)
"Firm Valuation by Accounting Numbers: Practical Application of Ohlson Model," JICPA Journal 10(4), April 1998, pp. 58-59. (in Japanese)
D. Research in Progress
"Investment Strategies Based on Accounting-based Valuation Models"
pdf file
"A Comparative Study on the Usefulness of Accounting Systems from a Valuation Perspective"
pdf file
"A Comparative Study of Japanese GAAP and U.S. GAAP from a Valuation Perspective"
Main Text(pdf file) Tables(pdf file)
"The Interpretation of Accounting Information by Foreign Investors: Do We Really Need International Accounting Harmonization?"
pdf file
"Time Series Property of the Value Relevance of Accounting Numbers in Japan"
pdf file
"Is the U.S. Market More Myopic Than Other Markets?"
"International Differences in the Relation between Earnings Predictions and Market Values"
"Market Valuation of Total Quality Management"
"Net Income versus Comprehensive Income: A Simulation Analysis"
E. Invited Conference/Workshop Presentations
Chuo University (January 2005)
Japan Securities Investment Advisers Association Seminar (February 2004)
Shiga University (January 2004)
Kyoto University (January 2004)
Security Analysts Association of Japan Seminar (January 2004)
Japan Accounting Association Annual Meeting (September 2000, September 2001, September 2002, September 2003)
Financial Accounting Standards Foundation (January 2003, September 2003)
Nippon Finance Association Annual Meeting (June 2000, June 2003)
Hosei University (December 2002, April 2003)
Asian-Pacific Conference on International Accounting Issues(October 1996, October 1998, November 2002).
International Association for Accounting Education and Research Conference (October 2000, November 2002)
Asian Academic Accounting Association Annual Meeting (October 2002)
Institute for Monetary and Economic Studies, Bank of Japan(July 2002)
JAMA Contemporary Accounting Research Seminar(June 2002)
Yokohama National University (May 2002)
Kobe Forum (July 2001)
British Accounting Association Annual Meeting (March 2001)
University of Tokyo (December 1997, March 2001)
Management Accounting Forum (January 2001)
Japan Association of Securities and Economics Annual Meeting (November 2000)
National University of Singapore (October 2000)
Modern Portfolio Theory Forum (May 2000)
Kansai University (January 1999, November 1999)
Musashi University (October 1999)
AAA Annual Meeting (August 1997, August 1998, August 1999)
Japan Association of Management Accounting Forum (April 1999)
International University of Japan (January 1997, October 1998).
Nagoya University (December 1997)
Kobe University (September 1997).
Canadian Academic Accounting Association Annual Conference (May 1997).
AAA Northeast Regional Meeting (April 1997).
AAA International Section Mid-Year Meeting (March 1997).
Joint IAS/IAG International Accounting Conference (July 1996).
PROFESSIONAL SERVICE
Editorial Board, Accounting Progress(2003-present)
Editorial Board, Security Analysts Journal(2004-present)
Member, IASB/FASB Joint International Group(2004-present)
Member, Conceptual Framework Project, Accounting Standards Board of Japan(2003-2004)
Member, Performance Reporting Project, Accounting Standards Board of Japan(2003)
Member, CMA Curriculum Revision Working Group, Security Analysts Association of Japan(2004-present)
Member, Qualification Examination Working Group, Accounting Oversight Board(2004-present)
Member, Special Committee on Accounting for Intangibles, Japan Accounting Association
Member, Study Group on Going Concern Opinions, Japan Accounting Association
Ad hoc reviewer, The Journal of Management Accounting, Japan, Modern Finance, Managerial Finance Review
Reviewer, 1995 AAA Midwest Meeting
TEACHING INTEREST
Financial accounting and financial statement analysis with international perspective
PERSONAL
Born in Kagoshima, Japan in 1961.
Married, two children.
REFERENCE
J. Richard Dietrich
Accounting and MIS Department Chair, the Ohio State University
Young K. Kwon
Professor of Accountancy Emeritus, University of Illinois at Urbana-Champaign
Associate Dean and Professor, Singapore Management University
Andrew D. Bailey Jr.
Professor of Accountancy Emeritus, University of Illinois at Urbana-Champaign
Theodore Sougiannis
KPMG Distinguished Professor of Accountancy, University of Illinois at Urbana-Champaign
David A. Ziebart
Director, Von Allmen School of Accountancy, University of Kentucky
Last updated on 03/15/2008