Graduate School of Business Administration, KOBE UNIVERSITY

Kenji Kutsuna

Doctor of Commerce
(Osaka City University)

URL

Title

Professor of Entrepreneurial Finance

Specialized Fields

Entrepreneurial Finance, Small Business Finance, Entrepreneurship, Venture Capital, IPOs.

Fields of Interest

Entrepreneurial Finance, Small Business Finance, Entrepreneurship

Current Research

  • "Initial Public Offering Intention: Evidence from Start-up Firms in Japan," (co-authored with Honjo, Y.), Corporate Ownership and Control, Vol.7. No.4. 2010, 127-141.
  • "Public Information, IPO Price Formation, and Long-run Returns: Japanese Evidence," (co-authored with Smith, J.K. and Smith, R.), Journal of Finance, Vol.64. No.1. 2009, 505-546.
  • "The Pricing and Underwriting Costs of Japanese REIT IPOs," (co-authored with Dimovski, W. and Brooks, R.), Journal of Property Research, Vol.25. No.3. 2008, 221-239.
  • "Why Are IPOs Underpriced? Evidence from Japan’s Hybrid Auction-Method Offerings," (co-authored with Kerins, F. and Smith, R.), Journal of Financial Economics, Vol.85. No.3. 2007, 637-666.
  • "Banking Relationships and Access to Equity Capital Markets: Evidence from Japan's Main Bank System," (co-authored with Smith, J.K. and Smith, R.), Journal of Banking and Finance, Vol.31. No.2. 2006, 335-360.
  • "Small Business Owner-Managers as Latent Informal Investors in Japan: Evidence from a Country with a Bank-based Financial System," (co-authored with Harada, N.), Venture Capital: An International Journal of Entrepreneurial Finance, Vol.6. No.4. 2004, 283-311.
  • "Why Does Book Building Drive Out Auction Methods of IPO Issuance? Evidence from Japan," (co-authored with Smith, R.), Review of Financial Studies, Vol.17. No.4. 2004, 1129-1166.
  • "Ownership Structure Pre- and Post-IPOs and the Operating Performance of JASDAQ Companies," (co-authored with Okamura, H. and Cowling, M.), Pacific-Basin Finance Journal, Vol.10. No.2. 2002, 163-181.
  • "The Short- Run Performance of JASDAQ Companies and Venture Capital Involvement Before and After Flotation," (co-authored with Cowling, M. and Westhead, P.), Venture Capital: An International Journal of Entrepreneurial Finance, Vol.2. No.1. 2000, 1-25.