The 11th TJAR Conference
Conference Program
DECEMBER 26, 2020

9：00 a.m. –Opening Ceremony (Zoom 1)
Laixun Zhao, Kobe University, TJAR Managing Editor
Kazuya Kamiya, Director of Research Institute for Economics and Business Administration, Kobe University

Zoom 1
Session 1
Takeaki Ito, Konan University

Zoom 2
Session 2
Hitoshi Takehara, Waseda University

Speaker

Tao Zeng, Wilfrid Laurier University(Co-author: Mindzak Justin)

Qin Li, Hong Kong Polytechnic University(Co-authors: Ben Lourie, Alex Nekrasov, andTerry Shevlin)

Title

Intra-group Transactions, Internal Financing andAggressive Tax Planning in Business GroupsEmployee Turnover and Firm Performance:
Large-Sample Archival Evidence

Speaker

Wenyao Hu, Rensselaer Polytechnic InstituteHitoshi Takehara, Waseda University

Title

The Information Role of Earnings Conference
Call: How Earnings Calls Alter Demand for
Financial Reports

Relative/Incremental Information Content
Analysis of Net and Comprehensive Incomes:
Evidence from Japan

9:15 – 10:20a.m.
Moderator
9:15 - 9:45 a.m.

9:50 - 10:20 a.m.

Break

10:20 - 10:40 a.m.

Moderator

Zoom 1
Session 3
Takeaki Ito, Konan University

Zoom 2
Session 4
Hitoshi Takehara, Waseda UniversitySpeaker

Wenjun Kuang, Osaka University

Cody Lu, University of Massachusetts Amherst(Co-authors: Joanna Ho and Anne Wu))

Title

Real Earnings Smoothing and Crash Risk:
Evidence from JapanI Thought We Were Friends! The Effects of Social
Connections and Clarity of the Bonus Award
Determination Criteria on Subordinates'
Compensation

Speaker

Keyi Zhao, Rutgers University(Co-author: Disen Huang and DivyaAnantharaman)
Is a Picture Worth a Thousand Words? Image
Usage in CSR Reports

Bo Xu, Harbin Institute of Technology(Co-authors: Cody Lu and Huimin Li)

Soohun Kim, Korea Advanced Institute of Scienceand Technology(Co-author: Aaron Yoon)
Analyzing Active Managers Commitment to ESG

Aaron Yoon, Northwestern University(Co-author: Kyle Welch)

10:40-12:20 p.m.

10:40 – 11:10 a.m.

11:15 - 11:45 a.m.

Title

11:50 - 12:20 p.m.

Speaker
Title

Does CFO Ethnicity Affect Corporate Ethicality?
Evidence from Financial Reporting Conservatism

Corporate Sustainability and Stock Returns:
Evidence from Employee Buy-in to Senior
Management12:20 - 1:20 p.m.

Lunch Break

Zoom 1
Session 5
Jong-Hoon Kim, Senshu University

Zoom 2
Session 6
Hironori Kawase, Yokohama City UniversitySpeaker

Hu Dan Semba, Nagoya University(Co-authors: Xiaobai Zhang and Hong Xu)

Matheus Marques, Federal University of Rio deJaneiro(Co-author: Odilanei Morais dos Santos)

Title

A Study of Management Forecast Information
Quality

Cryptocurrencies Accounting Treatment

SpeakerZhichao Li, Durham University

Title

Does Media Coverage of Firms' Environment,
Social, and Governance (ESG) Incidents AffectAnalyst Coverage and Forecasts?

Liudmyla Shkulipa, National Academy ofStatistics, Accounting and Audit
Major Changes in the Conceptual Framework ofFinancial Reporting: Theoretical Comparison andAnalysis of Current Difficulties1:20 – 2:25p.m.
Moderator
1:20 - 1:50 p.m.

1:55 - 2:25 p.m.

2:25 - 2:45 p.m.

Break

2:45 - 4:25 p.m.
Moderator
2:45 - 3:15 p.m.

Speaker
Title

3:20 - 3:50 p.m.

Speaker
Title

3:55 - 4:25 p.m.

Speaker
Title

4:25 - 4:40 p.m.

Zoom 2
Session 8
Hironori Kawase, Yokohama City University

Helen Ren, University of Liverpool(Co-authors: Guanming He and Richard Taffler)
Do Enhanced Derivative Disclosures Work? An
Informational Perspective

Tomotaka Yanagida, Tokyo Uiversity of ScienceFrendy, Nagoya University of Commerce andBusinessFumiko Takeda, The University of Tokyo
Effects of Client Bargaining Power on Audit
Pricing in Voluntary and Involuntary Audit
Switching Environment
Guanming He, Durham University
How Do Insider Trading Incentives AffectNonfinancial Disclosures? Evidence from Productand Business Expansion Disclosures

Siddharth M. Bhambhwani, Hong Kong
University of Science and Technology(Co-authors: Hui Dong and Allen Huang)
Expropriation Risk and Investment: A Natural
Experiment

BreakModerator

Zoom 1Session 9 (In Japanese)
Masahiro Enomoto, Kobe University

Speaker

Toshiaki Wakabayashi, Sophia UniversityTitle

Organizational Identity, Fixed Contract, andFinancial Performance in Local Governments:
Theory and Evidence

4:40 - 5:10 p.m.

4:40 - 5:10 p.m.

Zoom 1Session 7
Jong-Hoon Kim, Senshu University

The Effect of the 2015 Revision to the Corporate
Governance Code on Japanese Listed Firms

Hiroki Nawata, Hitotsubashi University
Effects of Shareholder and Loyalty Perks onOwnership Structure, Share Liquidity, andManagerial Discretion