Announcement
The RIETI Corporate Finance and Firm Dynamics Research Project Group aims to analyze the role of financial intermediation in relation to the dynamics of firms regarding their entry, exit and survival. This time, Professor Manju Puri (Duke University), a world-renowned researcher in the fields of banking, corporate finance, and venture capital, will deliver the keynote speech. Also, researchers from Japan and overseas will present their research on topics related to firm exit and entry, such as business succession, venture capital, and entrepreneurship, as well as research on the role of financial intermediation, such as bank mergers.
Information
- Organized by the Research Institute of Economy, Trade and Industry(RIETI) study group on corporate finance and firm dynamics / Institute of Economic Research (IER) at Hitotsubashi University
- Date: October 31 (Thursday), 2024
- Venue: Research Institute of Economy, Trade and Industry 1-3-1 Kasumigaseki Chiyoda-ku Tokyo, JAPAN
- Time: 10:00-17:15
Program
9:45 Registration
10:00 Opening remark by Eiichi Tomiura (CRO of RIETI)
10:15-11:15 Keynote speech
Presenter: Manju Puri (Duke University)
Title: Does open banking expand credit access?
Session 1: Dynamics of firm exit
Chair: Kaoru Hosono (Gakushuin University)
11:30-12:20
Presenter: Daisuke Miyakawa, Koki Oikawa, and Kozo Ueda (Waseda University)
Title: Business Succession and Economic Dynamism: The Role of Aging in Resource Misallocation
Discussant: Kenta Ikeuchi (RIETI)
12:20-13:30 Lunch
Session 2: Role of financial intermediation
Chair: Daisuke Tsuruta (Nihon University)
13:30-14:20
Presenter: Mitsuru Katagiri (Hosei University) and Naoki Wakamori (Hitotsubashi University)
Title: The Role of Accessibility in Loan Pricing: A Structural Approach
Discussant: Yoshiaki Ogura (Waseda University)
14:20-15:10
Presenter: Kazuo Yamada (Kyoto University)
Title: Does Monitoring of Asset Owners Accelerate Engagement by Asset Managers? Evidence from anti-takeover provisions of Japanese Listed Companies
Discussant: Miho Takizawa (Gakushuin University)
15:10-15:30 Coffee break
Session 3: Venture capital and entrepreneurship
Chair: Iichiro Uesugi (Hitotsubashi University, RIETI)
15:30-16:20
Presenter: Alberto Zazzaro (University of Naples Federico II)
Title: The Staying Power of Face-to-face in the global venture capital market
Discussant: Yuji Honjo (Chuo University)
16:20-17:10
Presenter: Masatoshi Kato (Kwansei Gakuin University)
Title: Does user entrepreneurship matter for start-up financing? Evidence from Japan
Discussant: Arito Ono (Chuo University)
17:10-17:15
Closing remark by Iichiro Uesugi (Hitotsubashi University, RIETI)
