ROE as Valuation Practice: The Ito Review’s Impact in Japan
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- 阿部 健人
- 立正大学
Bibliographic Information
- Other Title
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- 価値評価実践としてのROE
- 価値評価実践としてのROE : 伊藤レポートを中心として
- カチ ヒョウカ ジッセン ト シテ ノ ROE : イトウ レポート オ チュウシン ト シテ
- 伊藤レポートを中心として
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Abstract
<p>This paper examines political aspects of valuation practice, setting a goal of ROE (Return on Equity)8% to achieve sustainable value creation for Japanese companies. After carefully analyzing the 2008 financial crisis, it was found that corporate governance reforms were implemented globally to overcome short-termism. The Japanese government also implemented corporate governance reforms, and METI (The Ministry of Economy, Trade and Industry) published the Ito Review in 2014 and set a ROE8% as a goal for sustainable value creation. However, instead of promoting sustainable value creation by Japanese companies, this led to actions that focused on shortterm results.</p>
Journal
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- Journal of Information and Management
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Journal of Information and Management 40 (1-2), 102-113, 2020
Japan Society for Information and Management
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Details
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- CRID
- 1390004222621416704
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- NII Article ID
- 130007907136
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- NII Book ID
- AA12242308
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- ISSN
- 21899681
- 18822614
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- NDL BIB ID
- 030489390
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- Text Lang
- ja
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- Data Source
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- JaLC
- NDL
- CiNii Articles
- KAKEN
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- Abstract License Flag
- Disallowed