Michi Nishihara

Osaka University

1-1 Yamadaoka

Suita

Osaka, 565-0871

Japan

SCHOLARLY PAPERS

10

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1,162

TOTAL CITATIONS

10

Scholarly Papers (10)

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1.

Securitization under Asymmetric Information and Risk Retention Requirement

Number of pages: 54 Posted: 25 Jul 2012 Last Revised: 15 Aug 2017
Haejun Jeon and Michi Nishihara
Tokyo University of Science - School of Management and Osaka University
Downloads 238 (272,711)
Citation 2

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securitization, risk retention requirement, skin in the game, asymmetric information, countercyclical regulation

2.

The Effects of Business Cycle and Debt Maturity on a Firm's Investment and Default Decisions

International Review of Economics & Finance, Vol. 38, 2015
Number of pages: 38 Posted: 23 May 2014 Last Revised: 16 Aug 2017
Haejun Jeon and Michi Nishihara
Tokyo University of Science - School of Management and Osaka University
Downloads 193 (332,740)
Citation 4

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Optimal switching, Markov chain, Real options, Debt maturity, Business cycle

3.

Macroeconomic Conditions and a Firm's Investment Decisions

Finance Research Letters, Vol. 11, No. 4, 2014
Number of pages: 13 Posted: 23 Nov 2013 Last Revised: 16 Aug 2017
Haejun Jeon and Michi Nishihara
Tokyo University of Science - School of Management and Osaka University
Downloads 182 (351,152)
Citation 1

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Real options, Optimal switching, Investment decision, Macroeconomic conditions

4.

Credit Risk Model with Optimal Switching

Number of pages: 33 Posted: 27 May 2013
Haejun Jeon and Michi Nishihara
Tokyo University of Science - School of Management and Osaka University
Downloads 125 (479,715)
Citation 1

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Credit risk, Optimal switching, Structural models, Real options, Agency problem

5.

The Effects of Reversible Investment on Capital Structure and Credit Risks

Number of pages: 31 Posted: 15 Mar 2014
Haejun Jeon and Michi Nishihara
Tokyo University of Science - School of Management and Osaka University
Downloads 99 (570,651)
Citation 1

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structural models, optimal switching, real options, reversible investments, capital structure, credit risks

6.

Effects of a Debt-Earnings Covenant on Optimal Capital Structure and Firm Value

Number of pages: 31 Posted: 16 Apr 2024
Michi Nishihara, Takashi Shibata and Benoit Chevalier-Roignant
Osaka University, Tokyo Metropolitan University and EM Lyon (Ecole de Management de Lyon) - Emlyon Business School
Downloads 90 (610,487)

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debt covenant, capital structure, real options, agency problem

7.

Optimal Patent Policy in the Presence of Vertical Separation

Number of pages: 34 Posted: 30 Aug 2016
Haejun Jeon and Michi Nishihara
Tokyo University of Science - School of Management and Osaka University
Downloads 87 (619,097)
Citation 1

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Patent policy, license bargaining, vertical separation, R&D investment, real options

8.

Investment and Information Asymmetry in Corporate Sustainability: Incentives-Auditing Contracts and Policy Insights

Number of pages: 28 Posted: 05 Nov 2024
Zhongli WANG and Michi Nishihara
Osaka University and Osaka University
Downloads 68 (711,502)

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Sustainability, Information asymmetry, Agency Problem, Real options, ESG investing.

9.

Two-Stage Investment, Loan Guarantees and Share Buybacks

Number of pages: 37 Posted: 16 Jan 2023
Linjia Dong, Michi Nishihara and Zhaojun Yang
Southern University of Science and Technology, Osaka University and Southern University of Science and Technology - Department of Finance
Downloads 45 (868,784)

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Real options, Guarantee-investment, Growth option, Share buybacks, Alternative VC investment.

10.

Certainty Equivalent and Uncertainty Premium of Time-to-Build

Number of pages: 44 Posted: 06 Feb 2025
Haejun Jeon and Michi Nishihara
Tokyo University of Science - School of Management and Osaka University
Downloads 35 (961,000)

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investment lags, certainty equivalent, uncertainty premium, real options, time-to-build