Takeshi Yamada

Takeshi Yamada is a Professor of Finance. His research spans asset pricing and corporate finance, with a particular interest in Asian financial markets and institutions. Takeshi has explored the role of individual, institutional and foreign investors in the Japanese stock market, and how employees and banks affect corporate behaviour in Japan. He has also studied the various roles played by the government in the Japanese and Chinese private corporate sector, including government ownership, personnel exchange and government subsidies. His research has been funded through schemes run by the Ministry of Education Singapore and Research Grants Committee Hong Kong, among others, and has been published in journals such as Journal of Finance, Review of Financial Studies, Review of Corporate Finance Studies and Journal of Business. Takeshi is an elected board member of the Asian Finance Association and serves as Associate Editor of several Asian-based journals including Pacific-Basin Finance Journal and Asia-Pacific Journal of Financial Studies.

Areas of expertise

• Finance

Research interests

• Financial markets, corporate finance. corporate governance, political finance, labour and finance
  

Publications

• Dasgupta, S, Lin, Y, Yamada, T et al. 2019, 'Employee Inside Debt and Firm Risk-Taking: Evidence from Employee Deposit Programs in Japan', The Review of Corporate Finance Studies, vol. 8, no. 2, pp. 302-347.
• Li, Z & Yamada, T 2015, 'Political and economic incentives of government in partial privatization', Journal of Corporate Finance, vol. 32, no. June 2015, pp. 169-189.
• Duong, T, Huszár, Z & Yamada, T 2015, 'The costs and benefits of short sale disclosure', Journal of Banking and Finance, vol. 53, pp. 124-139.
• Sankaraguruswamy, S, Shen, J & Yamada, T 2013, 'The relationship between the frequency of news release and the information asymmetry: The role of uninformed trading', Journal of Banking and Finance, vol. 37, no. 11, pp. 4134-4143.
• Jiang, H & Yamada, T 2011, 'The impact of international institutional investors on local equity prices: Reversal of the size premium', Financial Analysts Journal, vol. 67, no. 6, pp. 61-76.

Awards

• 2018 CFA Asia-Pacific Research Exchange Award
• 2014 Executive Dean’s Commendation for Excellence in Research, The University of Adelaide
• 2013 ANU Best Paper Award, Asian Finance Association
• 2007 CFA Institute Asian Investment Research Award