WEKO3
アイテム
経営者のエントレンチメント行動下における資本構成問題 : 沖縄のホテル事業を事例にして
https://doi.org/10.24564/0002007719
https://doi.org/10.24564/0002007719f45d0aa8-c600-4eae-a877-86f5c77e95ad
名前 / ファイル | ライセンス | アクション |
---|---|---|
![]() |
|
Item type | デフォルトアイテムタイプ(フル)(1) | |||||||||
---|---|---|---|---|---|---|---|---|---|---|
公開日 | 2014-09-11 | |||||||||
タイトル | ||||||||||
タイトル | 経営者のエントレンチメント行動下における資本構成問題 : 沖縄のホテル事業を事例にして | |||||||||
言語 | ja | |||||||||
タイトル | ||||||||||
タイトル | The Problem of Capital Structure in Managerial Entrenchment Behavior : In Case of Hotel Business in Okinawa | |||||||||
言語 | en | |||||||||
作成者 |
桑原, 和典
× 桑原, 和典
× Kuwahara, Kazunori
|
|||||||||
アクセス権 | ||||||||||
アクセス権 | open access | |||||||||
アクセス権URI | http://purl.org/coar/access_right/c_abf2 | |||||||||
主題 | ||||||||||
言語 | ja | |||||||||
主題Scheme | Other | |||||||||
主題 | 最適資本構成問題 | |||||||||
主題 | ||||||||||
言語 | ja | |||||||||
主題Scheme | Other | |||||||||
主題 | MM理論 | |||||||||
主題 | ||||||||||
言語 | ja | |||||||||
主題Scheme | Other | |||||||||
主題 | エージェンシー理論 | |||||||||
主題 | ||||||||||
言語 | ja | |||||||||
主題Scheme | Other | |||||||||
主題 | エントレンチメント理論 | |||||||||
主題 | ||||||||||
言語 | ja | |||||||||
主題Scheme | Other | |||||||||
主題 | うちなー資本 | |||||||||
主題 | ||||||||||
言語 | ja | |||||||||
主題Scheme | Other | |||||||||
主題 | ないちゃー資本 | |||||||||
主題 | ||||||||||
言語 | ja | |||||||||
主題Scheme | Other | |||||||||
主題 | 経営者株式保有比率 | |||||||||
主題 | ||||||||||
言語 | ja | |||||||||
主題Scheme | Other | |||||||||
主題 | デットエクイティレシオ | |||||||||
内容記述 | ||||||||||
内容記述タイプ | Other | |||||||||
内容記述 | It is possible to classify it into three (the capital structure, the investment, and the profit distribution) greatly into managerial decision making of finance in the firm. There are several the theories of the firm: Modigliani-Miller theory, agency models, the pecking order theory, the trade-off model contract theory including incomplete contract and the entrenchment theory, etc. verify the action of the firm theoretically or empirically from each standpoint. In this paper, the focus is applied to the theoretical model concerning the managerial entrenchment from among these theoretical models, and, first, we try to review the theoretical papers in these fields. Next, it is intended that the tourism industry (chiefly hotel business) in Okinawa is analyzed and positive analyses of the influence that the managerial entrenchment exerts on the capital structure of the firm. Entrenchment is a meaning "The trench is built" because it defends my body, and it is indicated that the manager improves an own effect defending the external interference in the firm. For instance, Shleifer and Vishny(l989) is pointed out that the manager makes his position stronger when he executes the manager-specific investment. And then, Zwiebel(l996) is pointed out that the manager determines capital structure with relation between a desire of empire-building and the dismissal evasion of the management rights It seems that Okinawa bears one of the important roles of Japan in which it aims at the sightseeing founding a state now. Actually, the tourist including the number of hotels, the number of guest rooms, and the foreigner is a marginal rise as "the visit Okinawa plan (fiscal year 2009) " or "In the promotion of sightseeing in the third Okinawa Prefecture plan (2008-2011)" executed, though not reached the target numerical value. Then, we try to do positive analyses how the managerial entrenchment for the management right securing influences about the capital structure or investment decision on the firm along such a plan, using financial data of published data of regional banks such as Okinawa Development Finance Corporation and Okinawa Bank and others. | |||||||||
内容記述 | ||||||||||
内容記述タイプ | Other | |||||||||
内容記述 | 紀要論文 | |||||||||
出版者 | ||||||||||
言語 | ja | |||||||||
出版者 | 琉球大学法文学部 | |||||||||
出版者 | ||||||||||
言語 | en | |||||||||
出版者 | Faculty of Law and Letters University of the Ryukyus | |||||||||
言語 | ||||||||||
言語 | jpn | |||||||||
資源タイプ | ||||||||||
資源タイプ | departmental bulletin paper | |||||||||
資源タイプ識別子 | http://purl.org/coar/resource_type/c_6501 | |||||||||
出版タイプ | ||||||||||
出版タイプ | VoR | |||||||||
出版タイプResource | http://purl.org/coar/version/c_970fb48d4fbd8a85 | |||||||||
識別子 | ||||||||||
識別子 | http://hdl.handle.net/20.500.12000/29554 | |||||||||
識別子タイプ | HDL | |||||||||
ID登録 | ||||||||||
ID登録 | 10.24564/0002007719 | |||||||||
ID登録タイプ | JaLC | |||||||||
収録物識別子 | ||||||||||
収録物識別子タイプ | ISSN | |||||||||
収録物識別子 | 0557-580X | |||||||||
収録物識別子 | ||||||||||
収録物識別子タイプ | NCID | |||||||||
収録物識別子 | AN00250468 | |||||||||
収録物名 | ||||||||||
言語 | ja | |||||||||
収録物名 | 琉球大学経済研究=Ryukyu University Economic Review | |||||||||
書誌情報 |
号 87, p. 15-31, 発行日 2014-03-31 |