Assoc Prof Takeshi Yamada
University of California at Berkeley, PhD (Finance)
Keio University, Tokyo, M.A., B.A. (Economics)
Awards & Achievements
ANU Best Paper Award, Asian Finance Association Annual Meeting, 2013
CFA Institute Asian Investment Research Award, 2007
Professor Takeshi Yamada's research field covers empirical research in financial markets. Some of his research projects examine the relation between size premium and the preference of institutional investors, value premium and the behavior of individual investors. Other interests include institutional short selling, mutual fund behaviour, and how public information affect the investor trades.
Takeshi is also interested in how government institutions affect private firms and financial markets. One of his research projects examines the incentives of the government to maintain control in privatized state-owned companies in China. He also has a research project that examines the corporate demand for political connections of Japanese firms.
“The impact of global institutional investors on local equity prices: Reversal of the size premium” with Hao Jiang, Financial Analyst Journal, vol. 67, no. 6, November/December 2011, pp. 61-76.
“Interaction of investor trades and market volatility: Evidence from the Tokyo Stock Exchange,” with Kee-Hong Bae and Keiichi Ito, Pacific-Basin Finance Journal, vol. 16, no. 4, September 2008, pp. 370-388. CFA Institute Asian Investment Research Award
“How do individual, institutional, and foreign investors win and lose in equity trades? Evidence from Japan,” with Kee-Hong Bae and Keiichi Ito, International Review of Finance, vol. 6, nos. 3/4, September/December 2006, pp.129-155.
“Asset price shocks, financial constraint, and investment: Evidence from Japan,” with Vidhan K. Goyal, Journal of Business, vol. 77, no.1, 2004, pp. 175-199.
“The effect of bank relations on investment decisions: An investigation of Japanese takeover bids,” with Jun-Koo Kang and Anil Shivdasani, Journal of Finance, vol. 55, no. 5, 2000, pp.2197-2218.
"The performance of Japanese mutual funds," with Jun Cai and K.C. Chan, The Review of Financial Studies, vol. 10, no. 2, 1997, pp.237-273. Lead article of the issue
American Finance Association, Asian Finance Association, Nippon Finance Association (founding member)
- Board of Directors, Asian Finance Association, 2012-2014.
- Associate editor, Asian Review of Financial Research, 2013-present
Associate editor, Asia Pacific Journal of Financial Studies, 2011-present.
- Associate editor, Journal of Behavioral Economics and Finance (official journal of the Association of Behavioral Economics and Finance, Japan) 12/2008-present
Entry last updated: Tuesday, 18 Mar 2014
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