Yasushi Hamao

Center on Japanese Economy and Business

Visiting Fellow

3022 Broadway

New York, NY 10027

United States

University of Southern California - Marshall School of Business - Finance and Business Economics Department

Marshall School of Business

Los Angeles, CA 90089

United States

SCHOLARLY PAPERS

14

DOWNLOADS
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Top 8,554

in Total Papers Downloads

4,317

CITATIONS
Rank 1,437

SSRN RANKINGS

Top 1,437

in Total Papers Citations

386

Scholarly Papers (14)

1.

Correlations in Price Changes and Volatility across International Stock Markets

Review of Financial Studies, Vol. 3, No. 2, pp. 281-307, 1990
Number of pages: 27 Posted: 28 Feb 2006
Yasushi Hamao, Ronald W. Masulis and Victor Ng
Center on Japanese Economy and Business, University of New South Wales - Australian School of Business and University of Michigan at Ann Arbor
Downloads 1,249 (9,783)
Citation 207

Abstract:

International Stock Markets, Price and Volatility Spillovers, London Stock Exchange, Tokyo Stock Exchange, New York Stock Exchange, GARCH Model

U.S.-Style Investor Activism in Japan: The First Ten Years

Marshall School of Business Working Paper No. FBE 06-10, 5th Annual Conference on Empirical Legal Studies Paper, ECGI - Finance Working Paper No. 290/2010
Number of pages: 57 Posted: 22 Mar 2010 Last Revised: 22 Oct 2010
Yasushi Hamao, Kenji Kutsuna and Pedro P. Matos
Center on Japanese Economy and Business, Kobe University - Graduate School of Business Administration and University of Virginia - Darden School of Business
Downloads 688 (28,511)
Citation 4

Abstract:

Corporate governance, shareholder activism, hedge funds, Japan

U.S.-Style Investor Activism in Japan: The First Ten Years

Number of pages: 58 Posted: 16 Mar 2011
Yasushi Hamao, Kenji Kutsuna and Pedro P. Matos
Center on Japanese Economy and Business, Kobe University - Graduate School of Business Administration and University of Virginia - Darden School of Business
Downloads 193 (127,851)
Citation 4

Abstract:

Corporate governance, shareholder activism, hedge funds, Japan

3.

The Effects of the 1987 Stock Crash on International Financial Integration

JAPANESE FINANCIAL MARKET RESEARCH, W. Ziemba, W. Bailey and Y. Hamao, editors, North Holland Publisher, 1991
Number of pages: 21 Posted: 19 May 2006
Yasushi Hamao, Ronald W. Masulis and Victor Ng
Center on Japanese Economy and Business, University of New South Wales - Australian School of Business and University of Michigan at Ann Arbor
Downloads 456 (43,114)
Citation 4

Abstract:

International Stock Markets, Price and Volatility Spillovers, London Stock Exchange, Tokyo Stock Exchange, New York Stock Exchange, Stock Market Crash, GARCH, Financial Integration

4.

Little Guys, Liquidity, and the Informational Efficiency of Price: Evidence from the Tokyo Stock Exchange on the Effects of Small Investor Participation

AFA 2006 Boston Meetings Paper
Number of pages: 44 Posted: 15 Mar 2005
Hee-Joon Ahn, Jun Cai, Yasushi Hamao and Michael Melvin
SungKyunKwan University, City University of Hong Kong (CityUHK) - Department of Economics & Finance, Center on Japanese Economy and Business and University of California, San Diego (UCSD) - Rady School of Management
Downloads 423 (50,348)
Citation 2

Abstract:

Small investors, noise traders, informed traders, microstructure, Tokyo Stock Exchange, minimum trading unit

5.

The Impact of Cultural Aversion on Economic Exchange: Evidence from Shocks to Sino-Japanese Relations

AFA 2013 San Diego Meetings Paper, Marshall School of Business Working Paper No. FBE 4.13
Number of pages: 35 Posted: 15 Mar 2012 Last Revised: 02 Feb 2014
Raymond J. Fisman, Yasushi Hamao and Yongxiang Wang
National Bureau of Economic Research (NBER), Center on Japanese Economy and Business and University of Southern California - Marshall School of Business
Downloads 284 (67,558)

Abstract:

cultural bias, China-Japan relations, consumer sentiment, trade

6.

Institutional Affiliation and the Role of Venture Capital: Evidence from Initial Public Offerings in Japan

FRB of New York Staff Report No. 52
Number of pages: 50 Posted: 15 Oct 2006
Yasushi Hamao, Jay R. Ritter and Frank Packer
Center on Japanese Economy and Business, University of Florida - Department of Finance, Insurance and Real Estate and Bank for International Settlements (BIS)
Downloads 193 (118,829)
Citation 47

Abstract:

7.

Bank Monitoring Incentives and Borrower Earnings Management: Evidence from the Japanese Banking Crisis of 1993-2002

Number of pages: 55 Posted: 12 Mar 2009
Gil S. Bae, Yasushi Hamao and Jun-Koo Kang
Korea University - Department of Accounting, Center on Japanese Economy and Business and Nanyang Technological University (NTU) - Nanyang Business School
Downloads 81 (204,327)

Abstract:

Main banks, Short-term creditors, Monitoring, Lending relationship, Public equity offerings, Earnings management, Discretionary current accruals.

Nationalism and Economic Exchange: Evidence from Shocks to Sino-Japanese Relations

Review of Financial Studies, Forthcoming, Columbia Business School Research Paper No. 14-28
Number of pages: 61 Posted: 03 Feb 2014 Last Revised: 15 Sep 2014
Raymond J. Fisman, Yasushi Hamao and Yongxiang Wang
National Bureau of Economic Research (NBER), Center on Japanese Economy and Business and University of Southern California - Marshall School of Business
Downloads 62 (294,495)

Abstract:

nationalism; interstate frictions; China-Japan relations; consumer sentiment; event study

Nationalism and Economic Exchange: Evidence from Shocks to Sino-Japanese Relations

NBER Working Paper No. w20089
Number of pages: 62 Posted: 06 May 2014
Raymond J. Fisman, Yasushi Hamao and Yongxiang Wang
National Bureau of Economic Research (NBER), Center on Japanese Economy and Business and University of Southern California - Marshall School of Business
Downloads 3 (546,860)

Abstract:

9.

Predictable Stock Returns in the United States and Japan: a Study of Long-Term Capital Market Integration

NBER Working Paper No. w3191
Number of pages: 52 Posted: 31 May 2001
John Y. Campbell and Yasushi Hamao
Harvard University - Department of Economics and Center on Japanese Economy and Business
Downloads 54 (303,176)
Citation 93

Abstract:

10.

Nice to Be on the A-List

Number of pages: 46 Posted: 29 Sep 2012 Last Revised: 30 Sep 2012
Yasushi Hamao, Kenji Kutsuna and Joe Peek
Center on Japanese Economy and Business, Kobe University - Graduate School of Business Administration and Federal Reserve Banks - Federal Reserve Bank of Boston
Downloads 52 (295,614)

Abstract:

SMEs, financial crisis, bank lending

Idiosyncratic Risk and the Creative Destruction in Japan

NBER Working Paper No. w9642
Number of pages: 54 Posted: 25 Apr 2003
Yasushi Hamao, Jianping Mei and Yexiao Xu
Center on Japanese Economy and Business, New York University (NYU) - Department of Finance and University of Texas at Dallas - School of Management
Downloads 52 (321,604)
Citation 14

Abstract:

Idiosyncratic Risk and the Creative Destruction in Japan

EFA 2003 Annual Conference Paper No. 173
Posted: 24 Jul 2003
Yasushi Hamao, Jianping Mei and Yexiao Xu
Center on Japanese Economy and Business, New York University (NYU) - Department of Finance and University of Texas at Dallas - School of Management

Abstract:

12.

Idiosyncratic Risk and Creative Destruction in Japan

NYU Working Paper No. FIN-02-053
Number of pages: 52 Posted: 03 Nov 2008
Yasushi Hamao, Jianping Mei and Yexiao Xu
Center on Japanese Economy and Business, New York University (NYU) - Department of Finance and University of Texas at Dallas - School of Management
Downloads 39 (349,984)
Citation 14

Abstract:

13.

Selective Disclosure: The Case of Nikkei Preview Articles

Number of pages: 59 Posted: 24 Jul 2015 Last Revised: 24 Nov 2015
William N. Goetzmann and Yasushi Hamao
Yale School of Management - International Center for Finance and Center on Japanese Economy and Business
Downloads 31 (199,078)
Citation 1

Abstract:

Regulation FD, earnings announcement, Japanese stock market, Nikkei newspaper

14.

Securities Trading in the Absence of Dealers: Trades and Quotes on the Tokyo Stock Exchange

THE REVIEW OF FINANCIAL STUDIES, Vol. 8 No. 3
Posted: 25 Jul 1998
Yasushi Hamao and Joel Hasbrouck
Center on Japanese Economy and Business and New York University (NYU) - Department of Finance

Abstract: