Meet our faculty

Ryosuke Fujitani received his BBA from Hosei University in Tokyo, and MA and PhD in Commerce and Management from Hitotsubashi University in Tokyo.

His research domain is corporate disclosure, corporate governance, and corporate finance. He is currently working on the research topics, including a) the effect of disclosure regulation on corporate investment decisions; b) economic consequences of macroeconomic uncertainty; and c) financial reporting speed.
His publication includes “Domestic and international effects of economic policy uncertainty on corporate investment and strategic cash holdings: Evidence from Japan” (with Masazumi Hattori & Yukihiro Yasuda in Journal of the Japanese and International Economies, 2023), “Refinance and labor adjustment in Japan” (with Hyonon Kim in Gendai Finance, 2022 in Japanese), “The bright side of frequent financial reporting” (in Japan Journal of Finance, 2020 in Japanese); “Does Stock Market Listing Impact Investment in Japan?” (with Joseph French and Yukihiro Yasuda in Journal of The Japanese and International Economies, 2021); and “Under pressure: listing status and disinvestment in Japan” (with Joseph French and Yukihiro Yasuda in Finance Research Letters, 2020).

YouTube and Podcast Appearance

1. On CEO Compensation & Corporate Evaluation https://www.youtube.com/watch?v=NO9N08-qnaI

   • Topic: A deep dive into corporate governance and how to determine fair executive pay from an accounting perspective.

   • "Is Executive Compensation Too High or Too Low?" In this video, we discuss the "correct" way to determine CEO compensation from the perspective of management and accounting. When fixed salaries are too high, managers may become risk-averse; yet, if performance-based incentives are too aggressive, they might take excessive risks or even manipulate earnings. Solving this Agency Problem is a classic but important challenge in corporate governance. We also discuss the "Who Monitors the Monitor?" dilemma, the complexity of ensuring that those overseeing the company are doing their jobs effectively.