Updated on 2024/09/06

Information

 

写真a

 
YOSHIDA KENICHI
 
Organization
Urban Insitute Academic Researcher
Title
Academic Researcher
Contact information
メールアドレス

Degree

  • Master of Business Administration in Finance (Waseda University)

  • Doctor of Commerce (Waseda University)

Research History

  • Bank of Tokyo-Mitsubishi UFJ   

    2009.4 - 2011.8

  • Research Cooperation Staff, Institute for Research in Business Administration, Waseda University    

    2014.4 - 2021.9

  • Research Associate, Institute for Business and Finance  Research Assistant 

    2018.4 - 2021.3

  • Adjunct Researcher, Institute for Business and Finance, Waseda University    

    2021.4 - Present

  • Adjunct Researcher, Institute for Research in Business Administration, Waseda University   

    2021.11 - Present

Research Interests・Research Keywords

  • Research theme: Research on CSR activity from the perspective of economics and finance theory

    Keyword: CSR, Corporate Governance, Business Economics, Corporate Finance

    Research period: 2011.9 - Present

Papers

  • Environmental, Social, and Governance Performance and Financial Impacts: Comparative Analysis of Companies in Asia

    Kenichi Yoshida, Jun Xie, Shunsuke Managi, Satoru Yamadera

    ADB Economics Working Paper Series No. 741   2024.9

     More details

    Authorship:Lead author   Language:English  

    DOI: 10.22617/WPS240415-2

  • Do local government sustainability initiatives impact corporate social sustainability practices? Reviewed

    Atsuhiro Ida, Kenichi Yoshida, Jun Xie, Yoshitaka Tanaka, Shunsuke Managi

    Business Strategy and the Environment   33 ( 6 )   5839 - 5854   2024.9

     More details

    Authorship:Corresponding author   Language:English  

    DOI: 10.1002/bse.3780

  • Measuring Unmeasurable Soft Information

    Takuya Shimamura, Yoshitaka Tanaka, Kenichi Yoshida, Shunsuke Managi

    Working paper, SSRN Preprint Services   2024.1

     More details

    Language:English  

    Measuring Unmeasurable Soft Information

    DOI: 10.2139/ssrn.4682815

  • 新国富指標,貿易と感染症

    吉田 賢一, 馬奈木 俊介

    『国際経済』日本国際経済学会   2023.9

     More details

    Authorship:Lead author   Language:Japanese   Publishing type:Research paper (scientific journal)  

    Inclusive Wealth, Trade, and COVID-19 (in Japanese)

    DOI: 10.5652/kokusaikeizai.kk2023.f01

  • Stakeholder engagement as a sustainable development strategy: Managerial entrenchment for cross‐shareholdings Reviewed

    Kenichi Yoshida, Kenichi Kurita, Shunsuke Managi

    Corporate Social Responsibility and Environmental Management   30 ( 1 )   402 - 418   2023.1

     More details

    Authorship:Lead author, Corresponding author   Language:English   Publishing type:Research paper (scientific journal)  

    Stakeholder engagement as a sustainable development strategy: Managerial entrenchment for cross‐shareholdings
    Abstract

    We analyze the effect of managerial entrenchment on firms' corporate social responsibility (CSR) activities. We use the cross‐shareholding ratio and the stable shareholders ratio, which characterize the Japanese corporate system, as proxy variables for managerial entrenchment. We choose two CSR/environmental, social, and corporate governance scores: those for vendors targeting only Japan and those for vendors targeting the entire world. The results show that increases in the cross‐shareholding and stable shareholder ratios decrease CSR activities. These results are consistent with the view that CSR activities are considered a costly investment for managers rather than a type of agency cost. Finally, we reveal that after the enactment of Japan's Corporate Governance Code in 2015, the cross‐shareholding and the stable shareholder ratios have not significantly affected CSR activities and that foreign institutional investors have promoted CSR activities.

    DOI: 10.1002/csr.2362

  • Do Japanese keiretsu promote better CSR activities? Reviewed

    Kenichi Yoshida, Yoshiaki Iino, Shunsuke Managi

    Economic Analysis and Policy   76   452 - 475   2022.12

     More details

    Authorship:Lead author, Corresponding author   Language:Others   Publishing type:Research paper (scientific journal)  

    Do Japanese keiretsu promote better CSR activities?

    DOI: 10.1016/j.eap.2022.08.018

  • ESG metrics and social equity: Investigating commensurability Reviewed

    Alexander R. Keeley, Andrew J. Chapman, Kenichi Yoshida, Jun Xie, Janaki Imbulana, Shutaro Takeda, Shunsuke Managi

    Frontiers in Sustainability   3   2022.9

     More details

    Language:English   Publishing type:Research paper (scientific journal)  

    DOI: 10.3389/frsus.2022.920955

  • ESG経営の評価

    吉田 賢一, 馬奈木 俊介

    証券アナリストジャーナル   59 ( 11 )   64 - 76   2021.11

     More details

    Authorship:Lead author   Language:Japanese   Publishing type:Research paper (scientific journal)  

    Assessment of ESG Management (in Japanese)

  • CSR Activities and Japanese Corporate Groups: A Propensity Score Matching Analysis

    Kenichi Yoshida, Yoshiaki Iino

    Working paper, WCG WP 2019-005   2020.3

     More details

    Authorship:Lead author   Language:English   Publishing type:Research paper (bulletin of university, research institution)  

    CSR Activities and Japanese Corporate Groups: A Propensity Score Matching Analysis

  • The Impacts of Inter-Firm Transaction Structures on Corporate Social Responsibility Activity: An Empirical Analysis of Japanese Business-to-Business Firms

    Kenichi Yoshida

    Working paper, WCG WP 2019-004   2020.2

     More details

    Language:English   Publishing type:Research paper (bulletin of university, research institution)  

    The Impacts of Inter-Firm Transaction Structures on Corporate Social Responsibility Activity: An Empirical Analysis of Japanese Business-to-Business Firms

  • 【研究ノート】CSR活動と企業集団:傾向スコア・マッチングによる分析の可能性を探る

    吉田 賢一, 飯野 佳亮

    早稲田国際経営研究   50   131 - 146   2019.3

     More details

    Language:Japanese   Publishing type:Research paper (bulletin of university, research institution)  

    【Research Note】CSR Activities and Japanese Corporate Groups: Exploring Possibility of Analysis by Propensity Score Matching (in Japanese)

  • CSR活動は合理的か?:コーポレート・ガバナンス理論との整合性の検討 Reviewed

    吉田 賢一

    商学研究科紀要   ( 87 )   155 - 175   2018.11

     More details

    Authorship:Lead author, Corresponding author   Language:Japanese   Publishing type:Research paper (bulletin of university, research institution)  

    Does CSR Activities have Economic Rationality?: A Study of Consistency between CSR Theory and Corporate Governance Theory (in Japanese)

  • 企業間の取引構造がCSR活動に与える影響:日本のBtoB企業を対象とする分析 Reviewed

    吉田 賢一

    企業と社会フォーラム学会誌第6号『社会的課題とマーケティング』   99 - 123   2017.9

     More details

    Authorship:Lead author, Corresponding author   Language:Japanese   Publishing type:Research paper (scientific journal)  

    The Impacts of Inter-Firm Transaction Structure on CSR Activity: An Empirical Analysis of Japanese BtoB Firms (in Japanese)

  • 消費財の情報特性がCSR活動に与える影響の分析 Reviewed

    吉田 賢一

    企業と社会フォーラム年報2015『持続可能性と戦略』   294 - 326   2015.9

     More details

    Authorship:Lead author, Corresponding author   Language:Japanese   Publishing type:Research paper (scientific journal)  

    Analysis of the Impact of Information Characteristics of Consumer Goods Gives to Implementation of CSR Activities (in Japanese)

▼display all

Presentations

  • ESG performance and financial impacts: Comparative analysis of companies in Asia

    吉田 賢一 (謝 俊氏、馬奈木 俊介氏との共同研究)

    日本ファイナンス学会 第32回大会 @中央大学  2024.6 

     More details

    Event date: 2024.6

    Language:Japanese   Presentation type:Oral presentation (general)  

  • Do climate change risks and corporate governance encourage green M&A?

    吉田 賢一 (飯野 佳亮氏、江波 太氏、謝 俊氏、馬奈木 俊介氏との共同研究)

    九州ファイナンス研究会 @九州大学  2024.3 

     More details

    Event date: 2024.3

    Language:Japanese  

    Country:Other  

    Do climate change risks and corporate governance encourage green M&A?

  • Antitrust policies and CSR activities

    吉田 賢一 (栗田 健一氏、謝 俊氏、馬奈木 俊介氏との共同研究)

    日本経営財務研究学会 第43回全国大会(自由論題)@京都大学  2023.9 

     More details

    Event date: 2023.9

    Language:Japanese  

    Country:Other  

    Antitrust policies and CSR activities

  • Do Local Government Sustainability Initiatives Impact Corporate Social Responsibility Practices?

    吉田 賢一 (井田 敦広氏、謝 俊氏、田中 義孝氏、馬奈木 俊介氏との共同研究)

    企業と社会フォーラム 第37回東日本部会 ウェビナー方式(Zoom)  2023.3 

     More details

    Event date: 2023.3

    Language:Japanese  

    Country:Other  

    Do Local Government Sustainability Initiatives Impact Corporate Social Responsibility Practices?

  • Corporate Social Responsibility and the Institutional Characteristic of the Corporate Governance System in Japan

    Kenichi Yoshida

    Research Workshop (Economic Engineering, Kyushu University), Zoom Webinar  2022.11 

     More details

    Event date: 2022.11

    Language:English  

    Country:Other  

    Corporate Social Responsibility and the Institutional Characteristic of the Corporate Governance System in Japan

  • CSR Activities and Managerial Entrenchment of Cross Shareholdings: Evidence from Corporate Governance Reform in Japan

    Kenichi Yoshida (with Kenichi Kurita and Shunsuke Managi)

    JFA-PBFJ Special Issue Conference: Japanese Financial Market, Finance Camp Session, Zoom Webinar  2022.3 

     More details

    Event date: 2022.3

    Language:English  

    Country:Other  

    CSR Activities and Managerial Entrenchment of Cross Shareholdings: Evidence from Corporate Governance Reform in Japan

  • CSR Activities and Supply Chain Networks: A Propensity Score Matching Analysis

    Kenichi Yoshida (with Yoshiaki Iino and Shunsuke Managi)

    The Fourth Conference on CSR, the Economy and Financial Markets, Zoom Webinar  2021.11 

     More details

    Event date: 2021.11

    Language:English  

    Country:Other  

    CSR Activities and Supply Chain Networks: A Propensity Score Matching Analysis

  • CSR 活動と安定保有株主、株式持ち合い、海外機関投資家:コーポレート・ガバナンス改革の前後を対象とするパネル分析

    吉田 賢一

    日本経営財務研究学会 東日本部会 ウェビナー方式(Zoom)  2021.7 

     More details

    Event date: 2021.7

    Language:Japanese  

    Country:Other  

    CSR 活動と安定保有株主、株式持ち合い、海外機関投資家:コーポレート・ガバナンス改革の前後を対象とするパネル分析

  • CSR 活動が外生的ショック時の株価に与える影響

    吉田 賢一

    日本ファイナンス学会 第29回大会 ウェビナー方式(Zoom)  2021.6 

     More details

    Event date: 2021.6

    Language:Japanese  

    Country:Other  

    CSR 活動が外生的ショック時の株価に与える影響

  • CSR活動と安定保有株主、株式持ち合い

    吉田 賢一

    企業と社会フォーラム 第33回東日本部会 ウェビナー方式(Zoom)  2021.5 

     More details

    Event date: 2021.5

    Language:Japanese  

    Country:Other  

    CSR活動と安定保有株主、株式持ち合い

  • 外生的ショックとCSR活動

    吉田 賢一

    企業と社会フォーラム 第32回東日本部会 ウェビナー方式(Zoom)  2020.12 

     More details

    Event date: 2020.12

    Language:Japanese  

    Country:Other  

  • CSR Activities and Japanese Corporate Groups

    吉田 賢一 (飯野 佳亮氏との共同研究)

    日本経営財務研究学会 東日本部会 ウェビナー方式(Zoom)  2020.6 

     More details

    Event date: 2020.6

    Language:Japanese  

    Country:Other  

    CSR Activities and Japanese Corporate Groups

  • CSR Activities and Japanese Corporate Groups: Analysis by Propensity Score Matching

    Kenichi Yoshida (with Yoshiaki Iino)

    JSPS Core-to-Core Program 2019, paper development session @WASEDA NEO  2019.11 

     More details

    Event date: 2019.11

    Language:English  

    Country:Other  

    CSR Activities and Japanese Corporate Groups: Analysis by Propensity Score Matching

  • CSR活動と企業集団:傾向スコア・マッチングによる分析

    吉田 賢一(飯野 佳亮氏との共同研究)

    日本経営財務研究学会 第43回全国大会(自由論題)@神戸大学  2019.9 

     More details

    Event date: 2019.9

    Language:Japanese  

    Country:Other  

    CSR活動と企業集団:傾向スコア・マッチングによる分析

  • 企業不祥事(リコール)後の市場の反応:CSR活動が与える影響

    吉田 賢一(飯野 佳亮氏との共同研究)

    企業と社会フォーラム 第9回年次大会ドクトラル・セッション @早稲田大学  2019.9 

     More details

    Event date: 2019.9

    Language:Japanese  

    Country:Other  

    企業不祥事(リコール)後の市場の反応:CSR活動が与える影響

  • The Impacts of Inter-Firm Transaction Structures on CSR Activity: An Empirical Analysis of Japanese BtoB Firms International conference

    Kenichi Yoshida

    The INCAS Annual Conference / JSPS Core-to-Core Program 2018 Organizational Dynamics and Institutional Change: the Japanese Economy in International Context @Japanese-German Center Berlin  2018.9 

     More details

    Event date: 2018.9

    Language:English  

    Country:Other  

    The Impacts of Inter-Firm Transaction Structures on CSR Activity: An Empirical Analysis of Japanese BtoB Firms

  • CSR活動は合理的か?:コーポレート・ガバナンス理論との整合性の検討

    吉田 賢一

    早稲田大学商学研究科 2018年度第1回学生研究発表 @早稲田大学  2018.5 

     More details

    Event date: 2018.5

    Language:Japanese  

    Country:Other  

    CSR活動は合理的か?:コーポレート・ガバナンス理論との整合性の検討

  • CSR理論のサーベイ:CSR活動の合理性を探る

    吉田 賢一

    企業と社会フォーラム 第24回東日本部会 @早稲田大学  2018.3 

     More details

    Event date: 2018.3

    Language:Japanese  

    Country:Other  

    CSR理論のサーベイ:CSR活動の合理性を探る

  • CSR理論のサーベイ:CSR活動の合理性を探る

    吉田 賢一

    早稲田大学商学研究科 2017年度第2回学生研究発表会 @早稲田大学  2017.10 

     More details

    Event date: 2017.10

    Language:Japanese  

    Country:Other  

  • 企業間の取引構造がCSR活動に与える影響:日本のBtoB企業を対象とする分析

    吉田 賢一

    企業と社会フォーラム 第20回東日本部会 @早稲田大学  2016.12 

     More details

    Event date: 2016.12

    Language:Japanese  

    Country:Other  

    企業間の取引構造がCSR活動に与える影響:日本のBtoB企業を対象とする分析

  • 日本企業を対象にしたCSR活動実施のインセンティブ構造の分析

    吉田 賢一

    企業と社会フォーラム 第6回年次大会ドクトラル・セッション @早稲田大学  2016.9 

     More details

    Event date: 2016.9

    Language:Japanese  

    Country:Other  

    日本企業を対象にしたCSR活動実施のインセンティブ構造の分析

  • 企業間取引を行う企業がCSR活動を実施する誘因の解明

    吉田 賢一

    早稲田大学商学研究科 2016年度第1回学生研究発表会 @早稲田大学  2016.5 

     More details

    Event date: 2016.5

    Language:Japanese  

    Country:Other  

    企業間取引を行う企業がCSR活動を実施する誘因の解明

  • 企業間取引に注目したCSR活動のインセンティブ構造の解明

    吉田 賢一

    企業と社会フォーラム 第5回年次大会Breakout Session 10 @早稲田大学  2015.9 

     More details

    Event date: 2015.9

    Language:Japanese  

    Country:Other  

    企業間取引に注目したCSR活動のインセンティブ構造の解明

  • 消費財の情報特性がCSR活動に与える影響の分析

    吉田 賢一

    早稲田大学高等研究所 セミナーシリーズ:政治・経済・法の計量分析 @早稲田大学  2014.10 

     More details

    Event date: 2014.10

    Language:Japanese  

    Country:Other  

    消費財の情報特性がCSR活動に与える影響の分析

  • 日本企業のCSR活動を決定する要因は何か:消費財の情報特性がCSR活動に与える影響の分析

    吉田 賢一

    企業と社会フォーラム 第4回年次大会ドクトラル・セッション @早稲田大学  2014.9 

     More details

    Event date: 2014.9

    Language:Japanese  

    Country:Other  

    日本企業のCSR活動を決定する要因は何か:消費財の情報特性がCSR活動に与える影響の分析

▼display all

Professional Memberships

  • JAPAN FORUM OF BUSINESS AND SOCIETY

  • NIPPON FINANCE ASSOCIATION

  • JAPAN FINANCE ASSOCIATION