Researcher Profile - CHINO Atsushi

写真b

CHINO Atsushi

*Items subject to periodic update by Rikkyo University (The rest are reprinted from information registered on researchmap.)

Affiliation*

College of Business Department of Business
Graduate School of Business Doctoral Program in Business
Graduate School of Business Master's Program in Business

Title*

Associate Professor

Degree

Ph.D. in Finance （ University of Washington ）

Homepage

https://sites.google.com/site/aa84195940/

Research Interests

Corporate Finance

Campus Career*

4 2022 - Present

College of Business Department of Business Associate Professor
4 2022 - Present

Graduate School of Business Master's Program in Business Associate Professor
4 2022 - Present

Graduate School of Business Doctoral Program in Business Associate Professor

External Link

Research Areas

Humanities & Social Sciences / Money and finance

Research History

4 2022 - Present

Rikkyo University College of Business

▶ More details

researchmap
4 2017 - 3 2022

Nagasaki University Dept. of Economics

▶ More details

researchmap
9 2012 - 3 2017

International University of Japan

▶ More details

researchmap

Education

9 2007 - 6 2012

Foster School of Business, University of Washington

▶ More details

researchmap

Papers

Negative effects of delayed retirement: Employment protection of older workers and firm value Peer-reviewed

Atsushi Chino

Journal of Corporate Finance, Forthcoming 2025

▶ More details

Language：English Publishing type：Research paper (scientific journal) Publisher：Elsevier BV

DOI： 10.1016/j.jcorpfin.2025.102886

researchmap
Does dividend policy affect sales growth in product markets? Evidence from the 2003 dividend tax cut Peer-reviewed

Atsushi Chino, Joon Ho Kim

Financial Management51 ( 2 ) 539 - 571 6 2022

▶ More details

Publishing type：Research paper (scientific journal) Publisher：Wiley

DOI： 10.1111/fima.12376

researchmap

Other Link： https://onlinelibrary.wiley.com/doi/full-xml/10.1111/fima.12376
Alternative Work Arrangements and Cost of Equity: Evidence from a Quasi-Natural Experiment Peer-reviewed

Atsushi Chino

Journal of Financial and Quantitative Analysis56 ( 2 ) 569 - 606 3 2021

▶ More details

Publishing type：Research paper (scientific journal) Publisher：Cambridge University Press (CUP)

Abstract

I examine whether firms’ use of alternative work arrangements, particularly temporary agency workers, affects their cost of equity. Exploiting a major labor-market deregulation in Japan that induced manufacturing firms to increase their employment of temporary agency workers, I show that the cost of equity decreased in manufacturing firms, relative to nonmanufacturing firms, after the deregulation. Further analysis using variations within manufacturing firms provides corroborating evidence. The rigidity in labor expenses and the cost of debt also decreased in manufacturing firms. Overall, alternative work arrangements increase the flexibility in labor costs, leading to lower operating leverage and cost of capital.

DOI： 10.1017/s002210901900108x

researchmap
Do labor unions affect firm payout policy?: Operating leverage and rent extraction effects Peer-reviewed

Atsushi Chino

Journal of Corporate Finance41 156 - 178 12 2016

▶ More details

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

DOI： 10.1016/j.jcorpfin.2016.08.017

researchmap

Research Projects

Employment protection of older workers and cost of capital

Japan Society for the Promotion of Science Grant-in-Aid for Scientific Research (C)

Atsushi Chino

▶ More details

4 2024 - 3 2027

Grant amount：\3120000 （ Direct Cost: \2400000 、 Indirect Cost：\720000 ）

researchmap
Delayed retirement of older workers and corporate value

Japan Society for the Promotion of Science Grant-in-Aid for Scientific Research (C)

Atsushi Chino

▶ More details

4 2020 - 3 2024

Authorship：Principal investigator

researchmap
The effects of alternative work arrangements on cost of capital, firm value, and financial decisions

Japan Society for the Promotion of Science Grant-in-Aid for Scientific Research (C)

Atsushi Chino

▶ More details

4 2017 - 3 2020

Authorship：Principal investigator Grant type：Competitive

researchmap
Employment Flexibility and Corporate Finance Decisions

Japan Society for the Promotion of Science Grant-in-Aid for Scientific Research (C)

Atsushi Chino

▶ More details

4 2013 - 3 2017

Authorship：Principal investigator Grant type：Competitive

researchmap