Yoshihisa Suzuki

Last Updated :2024/07/04

Affiliations, Positions
Graduate School of Humanities and Social Sciences, Professor
E-mail
suzuki3hiroshima-u.ac.jp
Self-introduction
My fundamental research interests are to apply such financial tools and methods as derivatives, i.e., option, futures and swaps, and portfolio theory to financial decision making including corporate valuation, valuation of the cost of capital, real option and risk analysis. Empirical works with financial data, market data or energy data describe my way of thinking for economic research.

Basic Information

Academic Degrees

  • Doctor of Economics, Hiroshima University
  • M.A., University of Rochester
  • Master of Economics, Yokohama National University

Educational Activity

  • [Bachelor Degree Program] School of Economics : Economics : Economic Analysis
  • [Bachelor Degree Program] School of Economics : Economics : Economics and Management
  • [Master's Program] Graduate School of Humanities and Social Sciences : Division of Humanities and Social Sciences : Economics Program
  • [Doctoral Program] Graduate School of Humanities and Social Sciences : Division of Humanities and Social Sciences : Economics Program

Research Fields

  • Social sciences;Economics;Money / Finance

Research Keywords

  • Inference|Financial Risk
  • Commodity|
  • Corporate Finance
  • Real Option
  • Estimation
  • Capital Market
  • Financial Technology
  • Series Method
  • Financial Prices

Educational Activity

Course in Charge

  1. 2024, Undergraduate Education, 1Term, Research Tutorial IIB
  2. 2024, Undergraduate Education, 2Term, Special Lectures(Investment and Asset Mnagement)
  3. 2024, Undergraduate Education, 3Term, Financial Economics 1A
  4. 2024, Undergraduate Education, 4Term, Financial Economics 1B
  5. 2024, Undergraduate Education, Year, Seminar
  6. 2024, Undergraduate Education, Year, Bachelor's Thesis
  7. 2024, Undergraduate Education, 3Term, Special Lectures (Topics in Life Insurance)1
  8. 2024, Undergraduate Education, 4Term, Special Lectures (Topics in Life Insurance)2
  9. 2024, Undergraduate Education, 1Term, Special Lectures (Topics in General Insurance)
  10. 2024, Undergraduate Education, 4Term, Special Lectures (Japan's finance, financial administration and regional economy)
  11. 2024, Undergraduate Education, 4Term, Special Lectures (Introduction to Financial Literacy)
  12. 2024, Undergraduate Education, 3Term, Special Lectures(Local Government in Action : the case of Higashihiroshima City)
  13. 2024, Graduate Education (Master's Program) , First Semester, Principles of Financial Economics
  14. 2024, Graduate Education (Master's Program) , Year, BOJ Lecture 1
  15. 2024, Graduate Education (Master's Program) , Year, FSA Lecture 1
  16. 2024, Graduate Education (Doctoral Program) , Academic Year, Special Topics
  17. 2024, Graduate Education (Master's Program) , Academic Year, Special Topics
  18. 2024, Graduate Education (Master's Program) , Academic Year, Special Topics
  19. 2024, Graduate Education (Master's Program) , First Semester, Special Seminar on Economics Program I
  20. 2024, Graduate Education (Master's Program) , Second Semester, Special Seminar on Economics Program

Research Activities

Academic Papers

  1. Corporate governance, institutional ownership, and stock liquidity of SMEs: evidence from China, Asia-Pacific Journal of Accounting and Economics, 2024
  2. Forecasting the Stock Price of Listed Innovative SMEs Using Machine Learning Methods Based on Bayesian optimization: Evidence from China, Computational Economics, 20230429
  3. Stock liquidity, financial constraints, and innovation in Chinese SMEs, FINANCIAL INNOVATION, 10(1), 20240229
  4. Does green innovation moderate between FDI and environmental sustainability? Empirical evidence from South Asia, PLOS ONE, 18(11), 20231109
  5. The Moderating Effect of Market-Specific Factors on the Return Predictability of Investor Sentiment, SAGE OPEN, 12(3), 202207
  6. The Local Impact on the Concurrent Sentiment-Return Nexus: Asian versus European Markets, Emerging Science Journal, 5(6), 894-905, 20211210
  7. The risk management role of nonexecutive directors: from capital expenditure perspective, EUROPEAN JOURNAL OF MANAGEMENT AND BUSINESS ECONOMICS, 30(2), 152-169, 20210531
  8. Foreign Ownership and Stock Return Volatility in Vietnam: the Destabilizing Role of Firm Size, ORGANIZATIONS AND MARKETS IN EMERGING ECONOMIES, 10(2), 356-377, 2019
  9. The change in board independence in the presence of firm risk and regulation, Contaduría y Administración (Accounting and Management), 64(4), 1-22, 2019
  10. Does Fear has Stronger Impact than Confidence on Stock Returns? The Case of Asia-Pacific Developed Markets, SCIENTIFIC ANNALS OF ECONOMICS AND BUSINESS, 67(2), 157-175, 2020
  11. Impact of financial development on sentiment-return relationship: Insight from Asia-Pacific markets, BORSA ISTANBUL REVIEW, 20(2), 95-107, 202006
  12. The Motivating Role of Sentiment in ESG Performance: Evidence from Japanese Companies, EAST ASIAN ECONOMIC REVIEW, 25(2), 125-150, 202106

Social Activities

History as Committee Members

  1. Advisory to Financial Administration, 2015/04, 2025/03, Ministry of Finance
  2. Co-Editor Japanese Journal of Monetary and Financial Economics, 2014/04, 2025/03, Japan Society of Monetary Economics