Graduate School of Business Administration, KOBE UNIVERSITY

Takashi Yamasaki

Doctor of Business
(Kobe University)


Professor of Finance

Specialized Fields

Risk Management and Insurance, Corporate Finance, Investment

Fields of Interest

Risk Management and Insurance, Corporate Finance, Behavioral Finance, Investment, Corporate Real Estate

Current Research

  • “The Calendar Structure of the Japanese Stock Market: The “Sell in May Effect” versus the "Dekansho-bushi Effect”,” co-authored with Shigeki Sakakibara and Katsuhiko Okada, International Review of Finance, 13(2), pp.161-185, 2013.
  • “The Effect of the Great East Japan Earthquake on the Stock Prices of Non-life Insurance Companies,” co-authored with Atsushi Takao, Takuya Yoshizawa and Shuofen Hsu, Geneva Papers on Risk and Insurance - Issues and Practice, 38(3), pp.449-468, 2013.
  • “Do typhoons make property-liability insurers’ stock prices turbulent?” SSRN working paper series, 2043817, 2014.
  • “Are Japanese Acquisitions Efficient Investments?” co-authored with Kotaro Inoue and Saori Nara, RIETI discussion paper, 13-E-085, 2013.
  • “Corporate Real Estate Holdings: Fool’s Gold or Crown Jewel?,” co-authored with Takanori Fukushima, Nobuyuki Isagawa, Tomohiko Mae and Satoru Yamaguchi, Discussion Paper, Kobe University, 2013.
  • “Managerial Overconfidence: Evidence from Japanese CEOs,” co-authored with Kotaro Inoue and Hideaki Kiyoshi Kato, SSRN working paper series, 2043681, 2012.
  • “A Proposal to Construct a Behavioral Insurance Theory,” co-authored with Atsushi Takao, IUP of Risk & Insurance, 7(3), pp.50-58, 2010.