*Michi NISHIHARA, Takashi SHIBATA, Benoit CHEVALIER-ROIGNANT, The effects of a financial covenant on capital structure and
firm value, CFE-CMStatistics, University of Applied Sciences, Berlin, Germany, December 18, 2023.
*Michi NISHIHARA, Takashi SHIBATA, The effects of a financial covenant on capital structure and firm value, Vietnam Symposium in Banking and Finance, Banking Academy of Vietnam, Hanoi, Vietnam, October 26, 2023.
*Takashi SHIBATA, Michi NISHIHARA, Investment timing, upper reflecting barrier, and debt-equity financing, INFORMS Annual Meeting, Phoenix Convention Center, Phonex, USA, October 15, 2023.
*Michi NISHIHARA, Takashi SHIBATA, "The effects of an earnings-based covenant on capital structure and firm value,"
6th International Conference on the Dynamics of Information Systems, Univerzita Karlova, Prague, Chech Republic,
September 6, 2023.
*Takashi SHIBATA, Michi NISHIHARA, "Investment timing, upper reflecting barrier, and debt-equity financing," Research Seminar, University of Toronto, 31 March, 2023.
*Michi NISHIHARA, Takashi SHIBATA, Chuanqian ZHANG, "Corporate investment, financing, and exit decisions with an earnings-based borrowing constraint,"
Paris Financial Management Conference, IPAG Business School, Paris, France, 19 December, 2022.
*Michi NISHIHARA, Takashi SHIBATA, "Optimal capital structure for earnings with a lower reflecting barrier," Real Options Workshop, Osaka University (online), 21 November, 2022.
*Michi NISHIHARA, "The interactions among corporate sustainability, invsetment, and capital structure," 13th Triennial International Conference of the Association of Asia Pacific Operational Research Societies
Eastwood RichmondeHotel, Eastwood City, Philippines, November 10, 2022.
*Michi NISHIHARA, "The choice between sustainable and unsustainable investment
projects," 32nd European Conference on Operational Research, Aalto University, Espoo, Finland, 4 July, 2022.
*Michi NISHIHARA, Takashi SHIBATA, Chuanqian ZHANG, "Corporate investment, financing, and exit model with an earnings-based borrowing constraint,"
European Financial Management Association Annunal Conference, Campus Bio-Medico University, Rome, Italy, 30 June, 2022.
Michi NISHIHARA, Takashi SHIBATA, *Chuanqian ZHANG, "Corporate investment, financing, and exit model with an
earnings-based borrowing constraint," The 34th Asian Finance Association Annual Meeting,
The Hong Kong Polytechnic University, Hong Kong, China (Online), 28 June, 2022.
*Takashi SHIBATA, Michi NISHIHARA, Yuan TIAN, "Investment, strategic debt service, and liquidation," The 22nd Conference of
the International Federation of Operational Research Societies, Seoul, Korea (Online), 26 August, 2021.
*Takashi SHIBATA, Michi NISHIHARA, Yuan TIAN, "Investment, strategic debt service, and liquidation,"
31st European Conference on Operational Research, University West Attica, Athens, Greece (Online), 12 July, 2021.
*Michi NISHIHARA, Takashi SHIBATA, Chuanqian ZHANG, "Investment under an earnings-based borrowing constraint," Real Options Workshop, Osaka University, Osaka, Japan (Online), 12 January, 2021.
*Michi NISHIHARA, Takashi SHIBATA, "Capital structure and contagious bankruptcy," 16th RSEP International Economics and Social Sciences Conference, IBIS Phuket Kata, Phuket, Thailand, 5 February, 2020.
*Michi NISHIHARA, Takashi SHIBATA, "The effects of asset liquidity on bankruptcy decisions," World Finance and Banking Symposium, University of Delhi, New Delhi, India, 20 December, 2019.
*Michi NISHIHARA, "Preemptive competition between two firms with different time discounts," Operations Research 2019, Technische Universitat Dresden, Dresden, Germany, 5 September, 2019.
*Takashi SHIBATA, Michi NISHIHARA, "Interaction of investment and financing decisions with costly reversibility in liquidation," 23rd Annual International Real Options Conference, King's College London, London, United Kingdom, 28 June, 2019.
*Takashi SHIBATA, Michi NISHIHARA, "Financing, investment, liquidation, and costly reversibility," 29th European Conference on Operational Research, University College Dublin, Dublin, Ireland, 25 June, 2019.
*Michi NISHIHARA, "Preemptive competition between two firms with different time discounts and investment costs," INFORMS ALIO International Conference, JW Marriott Resort, Cancun, Mexico, 11 June, 2019.
*Michi NISHIHARA, Takashi SHIBATA, "Liquidation, fire sales, and acquirers' private information," 9th International Conference of the Financial Engineering and Banking Society, University of Economics, Prague, Czech Republic, 30 May, 2019.
*Michi NISHIHARA, Takashi SHIBATA, "The effects of asset liquidity on bankruptcy decisions," Forum for Economists International 11th Global Conference,
Level Eleven, Amsterdam, Netherlands, 26 May, 2019.
*Michi NISHIHARA, Takashi SHIBATA, "The effects of asset liquidity on dynamic bankruptcy decisions," 27th EBES Conference, Grand Inna Kuta, Denpasar, Indonesia, 10 January, 2019.
*Michi NISHIHARA, Takashi SHIBATA, "The effects of asset liquidity on dynamic bankruptcy decisions," 9th Global Business Research Conference, Shangri-La Hotel, Kathmandu, Nepal, 21 December, 2018.
*Takashi SHIBATA, Michi NISHIHARA, "Financing and investment strategies under asymmetric information about liquidation value," Cambridge Finance Lunch Seminar, University of Cambridge, Cambridge, United Kingdom, 5 November, 2018.
Chuanqian ZHANG, *Feng JIAO, Xiaoyu ZHANG, Michi NISHIHARA,
"Operating Leverage and Underinvestment: Theory and Evidence,"
Financial Management Association Annual Meeting, Hilton San Diego Bayfront, San Diego, USA, 11 October, 2018.
*Takashi SHIBATA, Michi NISHIHARA, "Optimal financing and investment
strategies under asymmetric information about liquidation value,"
Advanced Methods in Mathematical Finance, Angers University, Angers, France,
30 August, 2018.
*Michi NISHIHARA, Takashi SHIBATA, "Bankruptcy, liquidation, and fire sales under asymmetric information," 29th European Conference on Operational Research, Valencia, Spain, 9 July, 2018.
*Takashi SHIBATA, Michi NISHIHARA,
"Financing and investment strategies under information asymmetry,"
29th European Conference on Operational Research, Valencia, Spain, 9 July, 2018.
*Michi NISHIHARA, Takashi SHIBATA, "Bankruptcy, liquidation, and fire sales under asymmetric information," 9th International Research Meeting in Business and Management,
IPAG Business School, Nice, France, 5 July, 2018.
*Takashi SHIBATA, Michi NISHIHARA,
"Financing and investment strategies under information asymmetry,"
24th International Conference Computing in Economics and Finance, Universita Cattolica del Sacro Cuore, Milan, Italy, 20 June, 2018.
*Michi NISHIHARA,
"Investment timing when investment opportunities arrive in a random sequence,"
5th Stochastic Modeling Techniques and Data Analysis International Conference,
Cultural Centre of Chania, Chania, Greece, 14 June, 2018.
*Chuanqian ZHANG, Sudipto SARKAR, Michi NISHIHARA,
"Agency Cost of Debt Overhang with Optimal Investment Timing and Size,"
54th Eastern Finance Association Annual Meeting, Sheraton Philadelphia Society Hill, Philadelphia, USA, 13 April, 2018.
*Michi NISHIHARA, "Investment timing when investment opportunities arrive in a random sequence," ISERD 335th International Conference on Accounting and Finance, Taipei Garden Hotel, Taipei, China, 26 March, 2018.
*Michi NISHIHARA, Takashi SHIBATA, "Bankruptcy, liquidation, and fire sales under asymmetric information," Dynamic Corporate Finance Workshop, Osaka University, Osaka, 21 December, 2017.
*Chuanqian ZHANG, Feng JIAO, Xiaoyu ZHANG, Michi NISHIHARA,
"Operating Leverage and Underinvestment: Theory and Evidence,"
Dynamic Corporate Finance Workshop, Osaka University, Osaka, 21 December, 2017.
*Takashi SHIBATA, Michi NISHIHARA,
"Financing and investment strategies under asymmetric information," Conference on Mathematical Modelling of Risk and Contiguous Topics, University of Melbourne, Melbourne, Australia, 27 November, 2017.
*Michi NISHIHARA, Takashi SHIBATA, "Bankruptcy, liquidation, and fire sales under asymmetric information," 23rd EBES Conference, Universidad Complutense de Madrid, Madrid, Spain, 29 September, 2017.
*Takashi SHIBATA, Michi NISHIHARA, "Investment timing, collateral, and financing constraints," 23rd International Conference
Computing in Economics and Finance, Fordham University, New York City, USA, 29 June, 2017.
*Sudipto SARKAR, Michi NISHIHARA, Chuanqian ZHANG,
"Agency Cost of Debt Overhang with Optimal Investment Timing and Size,"
European Financial Management Association Annual Conference, The American College of Greece, Athens, Greece, 28 June, 2017.
*Michi NISHIHARA, Takashi SHIBATA, "Bankruptcy decision under asymmetric information," Fifth Asian Quantitative Finance Conference, Seoul, Korea, 26 April, 2017.
*Takashi SHIBATA, Michi NISHIHARA, "Investment timing, collateral, financing constraints," Research Seminar, ReFi, ESCP Europe, Paris, France, 23 March, 2017.
*Michi NISHIHARA, Takashi SHIBATA, "Bankruptcy decision under asymmetric information," Winter Workshop on Operations Research, Finance and Mathematics, Sapporo, Japan, 21 February, 2017.
*Michi NISHIHARA, Takashi SHIBATA, "Bankruptcy decision under asymmetric information," Cebu International Conference on Studies in Business, Management, Education and Law, Cebu, Philippines, 27 January, 2017.
*Michi NISHIHARA, Takashi SHIBATA, "Default and liquidation timing under asymmetric information," Auckland Finance Meeting, Auckland Center for Financial Research, Auckland, New Zealand, 18 December, 2016.
*Michi NISHIHARA, Takashi SHIBATA, "The choice between default and
selling out," 18th Asia Pacific Management Conference, Tohoku University,
Sendai, Japan, 25 November, 2016.
*Takashi SHIBATA, Michi NISHIHARA, "Investment timing, collateral, and financing constraints," 20th EBES Conference, TU Wien, Vienna, Austria, 29 September, 2016.
*Michi NISHIHARA, "The choice between selling out and going public," 20th EBES Conference, TU Wien, Vienna, Austria, 29 September, 2016.
*Haejun JEON, Michi NISHIHARA, "Optimal patent policy in the presence of vertical separation," 20th EBES Conference, TU Wien, Vienna, Austria, 28 September, 2016.
*Michi NISHIHARA, "The choice between selling out and going public," 19th Czech¡¾Japan Seminar on Data Analysis and Decision Making under Uncertainty, Matsumoto University, Matsumoto, 6 September, 2016.
*Takashi SHIBATA, Michi NISHIHARA, "Investment timing under financing constraints based on collateral," INFORMS International Conference, Hilton Waikoloa Village, Hawaii, USA, 13 June, 2016.
*Michi NISHIHARA, Takashi SHIBATA, "Default and liquidation timing under asymmetric information," INFORMS International Conference, Hilton Waikoloa Village, Hawaii, USA, 13 June, 2016.
*Michi NISHIHARA, Takashi SHIBATA, "Default and liquidation timing under asymmetric information," Real Options Day, University of Porto, Porto, Portugal, 25 February, 2016.
*Michi NISHIHARA, Takashi SHIBATA, "Default and liquidation timing under asymmetric information," Econworld 2016, Avenida Palace, Barcelona, Spain, 2 February, 2016.
*Takashi SHIBATA, Michi NISHIHARA, "Investment timing under financing constraints based on collateral," 10th Bachelier Colloquium on Mathematical Finance and Stochastic Calculus, Azureva Metabief, Metabief, France, 20 January, 2016.
*Michi NISHIHARA, Takashi SHIBATA, "Default and liquidation timing under asymmetric information," The Research Colloquium, Otto-von-Guericke-University Magdeburg, Magdeburg, Germany, 20 January, 2016.
*Michi NISHIHARA, Takashi SHIBATA, "Asset sale, debt restructuring, and liquidation," Paris Financial Management Conference, IPAG Business School, Paris, France, 15 December, 2015
*Takashi SHIBATA, Michi NISHIHARA, "Investment timing, collateral, and
financing constraints," 47th ISCIE International Symposium on Stochastic
Systems Theory and Its Applications, Waikiki Beach Marriott Resort &
Spa, Honolulu, USA, 5 December, 2015.
*Michi NISHIHARA, Takashi SHIBATA, "Asset sale, debt restructuring, and liquidation," 17th EBES Conference, San Servolo Island, Venice, Italy, 17 October, 2015.
*Michi NISHIHARA, Takashi SHIBATA, "Asset sale, debt restructuring, and liquidation," International Conference on Operations Research, University of Vienna, Vienna, Austria, 3 September, 2015.
*Takashi SHIBATA, Michi NISHIHARA, "Investment timing, collateral, and financial constraints," Advanced Methods in Mathematical Finance, Bon Pasteur Accueil, Angers, France, 2 September, 2015.
*Takashi SHIBATA, Michi NISHIHARA, "Investment timing, collateral, and financial constraints," 27th European Conference on Operational Research, University of Strathclyde, Glasgow, United Kingdom, 14 July, 2015.
*Michi NISHIHARA, Takashi SHIBATA, "Optimal decisions of debt renegotiation, asset sale, and liquidation," 27th European Conference on Operational Research, University of Strathclyde, Glasgow, United Kingdom, 13 July, 2015.
*Michi NISHIHARA, "Valuation of sequential R&D investment," 16th ASMDA 2015 International Conference, University of Piraeus, Piraeus, Greece, 3 July, 2015.
*Takashi SHIBATA, Michi NISHIHARA, "Investment timing, collateral, and financing constraints," 21st International Conference on Computing in Economics and Finance, Howard Civil Service International House, Taipei, Taiwan, 20 June, 2015.
*Michi NISHIHARA, Takashi SHIBATA, "Asset sale, debt restructuring, and liquidation," The Oligo Workshop, Carlos III University of Madrid, Madrid, Spain, 3 June, 2015.
*Michi NISHIHARA, Takashi SHIBATA, "Firm¡Çs optimal decisions of debt renegotiation, asset sale, and liquidation, " 13th Viennese Workshop on Optimal Control and Dynamic Games, Vienna University of Technology, Vienna, Austria, 16 May, 2015.
*Takashi SHIBATA, Michi NISHIHARA, "Investment-based financing constraints and debt renegotiation," Winter Workshop on Operations Research, Finance and Mathematics, Yubari, 18 February, 2015.
*Takashi SHIBATA, Michi NISHIHARA, "Investment timing and financing strategies under collateral constraint,'' The Quantitative Methods in Finance, Hilton Hotel Sydney, Sydney, Australia, 17 December, 2014
*Michi NISHIHARA, "Valuation of sequential R&D investment under
technological, market, and rival preemption uncertainty,'' Paris Financial
Management Conference, IPAG Business School, Paris, France, 16 December,
2014.
*Michi NISHIHARA, "Valuation of sequential R&D investment,'' Euro
Working Group for Commodities and Financial Modelling 54th Meeting, University
of Milano-Bicocca, Milan, Italy, 6 December, 2014.
*Haejun JEON, Michi NISHIHARA, "The effects of business cycle and debt maturity on a firm's investment and default decisions,'' The 2014 International Conference on Corporate Finance and Capital Market, Yuanzheng Qizhen Hotel, Hangzhou, China, 8 November, 2014.
*Michi NISHIHARA, Takshi Shibata, "Firm's optimal decisions of downsizing, debt restructuring, and default,'' 14th EBES Conference, Hotel Silken Diagonal Barcelona, Barcelona, Spain, 24 October, 2014.
*Michi NISHIHARA, "Real option valuation of sequential R&D
investment,'' The 20th Conference of the International Federation of
Operational Research Societies, Barcelona International Convention Center,
Barcelona, Spain, 17 July, 2014.
*Takashi SHIBATA, Michi NISHIHARA, "Investment timing and financing
strategies under collateral constraint,'' Fourth IMS-FPS workshop 2014,
University of Technology, Sydney, Ausralia, 5 July, 2014.
*Takashi SHIBATA, Michi NISHIHARA, "Investment, collateral, and financing
constraints,'' Conference "Stochastic Calculus, Martingales and Financial
Modeling,'' The Congress Complex of The Higher School of Economics, Saint
Petersburg, Russia, 4 July, 2014.
*Takashi SHIBATA, Michi NISHIHARA, "Investment timing and financing
strategies under collateral constraint,'' Bachelier Finance Society 8th World
Congress, MCE Conference Centre, Brussels, 5 June, 2014.
*Haejun JEON, Michi NISHIHARA, "Credit Risk Model with Optimal Switching,''
Winter Workshop on Finance, Hokkaido University, Sapporo, 16 February, 2014.
*Takashi SHIBATA, Michi NISHIHARA, "Investment timing and financing strategies under collateral constraint,''
Winter Workshop on Finance, Hokkaido University, Sapporo, 15 February, 2014.
*Haejun JEON, Michi NISHIHARA, "Credit risk model with optimal switching,'' 12th EBES Conference, Nanyang Technological University, Singapore, 10 January, 2014.
*Takashi SHIBATA, Michi NISHIHARA, "Investment strategies and financing constraints,'' 7th International Conference on Computational and Financial Econometrics, University of London, London, 16 December, 2013.
*Takashi SHIBATA, Michi NISHIHARA, "Investment strategies under debt financing constraints,'' NUS-UTokyo Workshop on Quantitive Finance, National University of Singapore, Singapore, 27 September, 2013.
*Michi NISHIHARA, Takashi SHIBATA, "Preemption, leverage, and financing constraints,'' International Conference on Operations Research, World Trade Center, Rotterdam, 5 September, 2013.
*Takashi SHIBATA, Michi NISHIHARA, "Investment strategies under debt borrowing limit constraints,'' Advanced methods in mathematical finance, Angers, France, 4 September, 2013.
*Takashi SHIBATA, Michi NISHIHARA, "Investment strategies under debt
issuance amount constraints,'' 26th European Conference on Operational
Reseach, Sapienza University of Rome, Rome, 2 July, 2013.
*Michi NISHIHARA, Takashi SHIBATA, "Dynamic investment behavior of financially constrained firms in a duopoly,'' 26th European Conference on Operational Reseach, Sapienza University of Rome, Rome, 2 July, 2013.
*Michi NISHIHARA, "Optimal investment decision under regulatory and environmental risks,'' The 15th Conference of the ASMDA International Society, TecnoCapmus, Mataro, 28 June, 2013.
*Takashi SHIBATA, Michi NISHIHARA, "Investment timing and quantity strategies under debt issuance constraints,'' Seminar in Financial Mathematics, Hong Kong University of Science and Technology, Hong Kong, 7 June, 2013.
*Takashi SHIBATA, Michi NISHIHARA, "Investment timing, debt structure, and financing constraints,'' Actuarial Science and Mathematical Finance Group Meetings, University of Toronto, Toronto, 14 March, 2013.
*Michi NISHIHARA, Takashi SHIBATA, "Investment timing, investment size, and financing
costs,'' The SIBR 2013 Kuala Lumpur Conference on Interdisciplinary Business and Economics Research, Royale Bintang Hotel, Kuala Lumpur, 15 February, 2013.
*Takashi SHIBATA, Michi NISHIHARA, "Investment timing, debt structure, and financing
constraints,'' Seminar at Department of Statistics, The Chinese University of Hong Kong, Hong Kong,
11 December, 2012.
*Michi NISHIHARA, Takashi SHIBATA, "The effects of external financing
costs on investment timing and sizing decisions,'' INFORMS Annual Meeting,
Hyatt Regency Phonix, Phoenix, 17 October, 2012.
*Michi NISHIHARA, Takashi SHIBATA, "Investment timing with fixed and proportional costs of external financing,'' 25th European Conference on Operational Research, Radisson Blu Hotel Lietuva, Vilnius, 11 July, 2012.
*Takashi SHIBATA, Michi NISHIHARA, "Investment timing under financing
constraint with bank and market debt,'' 12th SAET Conference, University of Queenland, Brisbane,
30 June, 2012.
*Michi NISHIHARA, "A real options game involving multiple projects,'' 12th SAET Conference, University of Queenland, Brisbane,
30 June, 2012.
*Michi NISHIHARA, Takashi SHIBATA, "Investment timing with proportional and fixed costs of external financing,'' Bachelier Finance Society 7th World Congress, Hilton Hotel Sydney, Sydney, 22 June, 2012.
*Takashi SHIBATA, Michi NISHIHARA, "Investment timing under financing
constraint with bank and market debt,'' Bachelier Finance Society 7th World
Congress, Hilton Hotel Sydney, Sydney, 22 June, 2012.
*Takashi SHIBATA, Michi NISHIHARA, "Investment timing under financing constraint with bank and market debt,'' CSML Joint Seminar Series, University College London, London, 22 March, 2012.
*Michi NISHIHARA, Takashi SHIBATA, "Investment timing with fixed and proportional costs of external financing,''
Winter Workshop on Finance, Hokkaido University, Sapporo, 14 February, 2012.
*Michi NISHIHARA, "Evaluating the occurrence and disappearance of real options,'' Global Conference on Business and Finance, Alamoana Hotel, Honolulu, 6 January, 2012.
*Takashi SHIBATA, Michi NISHIHARA, "Investment timing under debt issuance constraint,''
5th CSDA International Conference on Computational and Financial Econometrics, University of London, London, 19 December, 2011.
*Michi NISHIHARA, "Real options valuation of abandoned farmland,''
INFORMS Annual Meeting, Charlotte Convention Center, Charlotte, 14 November,
2011.
*Takashi SHIBATA, Michi NISHIHARA, "Optimal investment timing under debt financing capacity constraint,''
International Conference on Operations Research, University of Zurich, Zurich, 1 September, 2011.
*Michi NISHIHARA, "Real options valuation of abandoned farmland,'' International Conference on Operations Research, University of Zurich, Zurich, 31 August, 2011.
*Michi NISHIHARA, "Real options valuation of abandoned farmland,'' 3rd International Conference on Applied Operational Research,
Bahcesehir University, Istanbul, 25 August, 2011.
*Michi NISHIHARA, Takashi SHIBATA, "The effects of costly exploration
on optimal investment timing,'' 19th Triennial Conference of the International Federation of Operational Research Societies,
Melbourne Convention and Exhibition Centre, Melbourne, 15 July, 2011.
*Takashi SHIBATA, Michi NISHIHARA, "Optimal investment timing under
debt financing capacity constraint,'' 19th Triennial Conference of the
International Federation of Operational Research Societies, Melbourne Convention
and Exhibition Centre, Melbourne, 14 July, 2011.
*Takashi SHIBATA, Michi NISHIHARA, "Optimal investment timing under
debt financing capacity constraint,'' 17th International Conference on
Computing in Economics and Finance, Hilton San Francisco, San Francisco,
30 June, 2011.
*Michi NISHIHARA, Takashi SHIBATA, "The effects of costly exploration
on optimal investment timing,'' 15th Annual International Real Options
Conference, Abo Akademi University,Turku, 18 June, 2011.
*Michi NISHIHARA, "A real options game involving multiple projects,'' IAENG International Conference on Operations Research, Royall Garden Hotel, Hong Kong, 17 March, 2011.
*Takashi SHIBATA, Michi NISHIHARA, "Optimal investment timing under financing constraint,'' Financial Mathematics and Applied Probability Seminars, King's College London, London, 26 October, 2010.
*Michi NISHIHARA, "A model for evaluating the occurrence and disappearance of real options,'' OR 52 Annual Conference, Royall Holloway University of London, London, 7 September, 2010.
*Michi NISHIHARA, "Dynamic management of multiple real options,''
24th European Conference on Operational Research, Univeristy of Lisbon, Lisbon, 12 July, 2010.
*Takashi SHIBATA, Michi NISHIHARA, "Investment under Uncertainty with Manager¡¾Shareholder Conflict,'' 7th International Conference of Numerical Analysis and Applied Mathematics, Rethymno, September, 2009.
*Yuan TIAN, Michi NISHIHARA, Takashi SHIBATA, "Financial Synergy in
M&A,'' KIER-TMU International Workshop on Financial Engineering 2009, Tokyo, August, 2009
*Michi NISHIHARA, "Real Options with multidimensional state variables,''
23rd European Conference on Operational Research, Bonn, July, 2009.
*Takashi SHIBATA, Michi NISHIHARA, "Dynamic Investment and Capital Structure Under Manager-Shareholder Conflict,'' Real Options 13th Annual International Conference, Minho and Santiago, June, 2009.
*Takashi SHIBATA, Michi NISHIHARA, "Dynamic Investment and Capital
Structure under Agency Conflicts,'' Applied Business Research, Honolulu, January,
2009.
*Takashi SHIBATA, Michi NISHIHARA, "Dynamic Investment and Capital
Structure under Agency Conflicts,'' The Quantitative Methods in Finance 2008, Sydney, December,
2008.
*Michi NISHIHARA, Takashi SHIBATA, "The effects of the debt financing
restriction in a real options model,'' The IEEE International Conference on
Industrial Engineering and Engineering Management, Singapore, December, 2008.
*Michi NISHIHARA, Takashi SHIBATA, "The effects of the debt financing
consraint in a real options model,'' The 2nd International Colloquium on
Business & Management, Bangkok, November, 2008.
*Michi NISHIHARA, Takashi SHIBATA, "The effects of debt financing
consraint in a real options model,'' INFORMS Annual Meeting, Washington D.C., October, 2008.
*Michi NISHIHARA, Takashi SHIBATA, "Strategic Investment with Debt Financing,'' Workshop on Finance and Related Mathematical and Statistical Issues, Kyoto, September, 2008.
*Michi NISHIHARA, Takashi SHIBATA, "Investment Game with Debt Financing,'' 2008 Daiwa International Workshop on Financial Engineering, Tokyo, August, 2008.
*Takashi SHIBATA, Michi NISHIHARA, "Agency Problem with Auditing in
a Real Options Model,'' Bachelier Finance Society Fifth World Congress,
London, July, 2008.
*Michi NISHIHARA, Takashi SHIBATA, "Real Options, Debt financing,
and Competition,'' Real Options 12th Annual International Conference, Rio
de Janeiro, July, 2008.
*Takashi SHIBATA, Michi NISHIHARA, "Agency Problem with Auditing in
a Real Options Model,'' 2008 International Workshop on Applied Probability,
Compiègne, July, 2008.
*Takashi SHIBATA, Michi NISHIHARA, "Dynamic Investment and Capital
Structure under Agency Conflicts,'' 14th International Conference on Computing
in Economics and Finance, Paris, June, 2008.
*Takashi SHIBATA, Michi NISHIHARA, "Agency Problem with Auditing in
a Real Options Model,'' The Quantitative Methods in Finance 2007, Sydney,
December, 2007.
*Takashi SHIBATA, Michi NISHIHARA, "On the Bonus-auditing Relationship
in a Real Options Model under Asymmetric Information,'' ME-15, 22nd European Conference on Operational Research,
Prague, July, 2007.
*Michi NISHIHARA, Atsuyuki OHYAMA, "R&D Competition in Alternative
Technologies: A Real Options Approach,'' 2A (2), 2007 International Workshop
on Recent Advances in Stochastic Operations Research ¶Nanzan, Nagoya, March,
2007.
*Atsuyuki OHYAMA, Michi NISHIHARA, "Optimal Financial Aid in Environmental
Policy : A Real Options Approach,'' 1A (2), 2007 International Workshop
on Recent Advances in Stochastic Operations Research ¶Nanzan, Nagoya, March,
2007.
*Michi NISHIHARA, Atsuyuki OHYAMA, "A Real Options Model for Determining
a Firm's Optimal R&D Project,'' The Quantitative Methods in Finance
2006, Sydney, December, 2006.
*Michi NISHIHARA, Masao FUKUSHIMA, "Evaluation of Firm's Loss Due
to Incomplete Information in Real Investment Decision,'' TD31, The INFORMS
Annual Meeting 2006, Pittsburgh, November, 2006.
*Atsuyuki OHYAMA, Michi NISHIHARA, "Optimal Financial Aid in Environmental
Policy : Real Options Approach,'' 2006 Daiwa International Workshop on
Financial Engineering, Tokyo, September, 2006.
*Michi NISHIHARA, Mutsunori YAGIURA, Toshihide IBARAKI, Hiroshi NAGAMOCHI, "The Relation between Option Pricing and Optimization Problems,''The IFORS Triennial 2005 Conference, Honolulu, July, 2005.
*¼ÇÅÄδ»Ö, À¾¸¶Íý, Investment timing, upper reflecting barrier, and debt-equity financing,
µþÅÔÂç³Ø¿ôÍý²òÀϸ¦µæ½ê¸¦µæ½¸²ñ¡Ö¥Õ¥¡¥¤¥Ê¥ó¥¹¤Î¿ôÍý²òÀϤȤ½¤Î±þÍÑ¡×, µþÅÔÂç³Ø, µþÅÔ, September 1, 2023.
*À¾¸¶Íý, ¼ÇÅÄδ»Ö, The effects of an earnings-based covenant on capital structure and firm value
µþÅÔÂç³Ø¿ôÍý²òÀϸ¦µæ½ê¸¦µæ½¸²ñ¡Ö¥Õ¥¡¥¤¥Ê¥ó¥¹¤Î¿ôÍý²òÀϤȤ½¤Î±þÍÑ¡×, µþÅÔÂç³Ø, µþÅÔ, August 31, 2023.
*À¾¸¶Íý, ¼ÇÅÄδ»Ö, "Optimal capital structure of a firm that receives earnings with a lower reflecting barrier,"
µþÅÔÂç³Ø¿ôÍý²òÀϸ¦µæ½ê¸¦µæ½¸²ñ¡Ö¥Õ¥¡¥¤¥Ê¥ó¥¹¤Î¿ôÍý²òÀϤȤ½¤Î±þÍÑ¡×, Ʊ»Ö¼ÒÂç³Ø, µþÅÔ, 7 September, 2022.
*À¾¸¶Íý, "Project sustainability from a real options perspective,"
µþÅÔÂç³Ø¿ôÍý²òÀϸ¦µæ½ê¸¦µæ½¸²ñ¡Ö¥Õ¥¡¥¤¥Ê¥ó¥¹¤Î¿ôÍý²òÀϤȤ½¤Î±þÍÑ¡×, Ʊ»Ö¼ÒÂç³Ø, µþÅÔ(¥ª¥ó¥é¥¤¥óȯɽ), 10 September, 2021.
*À¾¸¶Íý, "Investment timing when investment opportunities arrive in a random sequence," ÆüËÜ¥ª¥Ú¥ì¡¼¥·¥ç¥ó¥º¡¦¥ê¥µ¡¼¥Á³Ø²ñ2018ǯ½Õµ¨¸¦µæȯɽ²ñ, Å쳤Âç³Ø, Åìµþ, 15 March, 2018.
*À¾¸¶Íý, ¼ÇÅÄδ»Ö, "Bankruptcy, liquidation, and fire sales under asymmetric information," µþÅÔÂç³Ø¿ôÍý²òÀϸ¦µæ½ê¸¦µæ½¸²ñ¡Ö¥Õ¥¡¥¤¥Ê¥ó¥¹¤Î¿ôÍý²òÀϤȤ½¤Î±þÍÑ¡×, µþÅÔÂç³Ø, µþÅÔ, 15 November, 2017.
*¼ÇÅÄδ»Ö, À¾¸¶Íý, "Financing and investment strategies under information asymmetry," µþÅÔÂç³Ø¿ôÍý²òÀϸ¦µæ½ê¸¦µæ½¸²ñ¡Ö¥Õ¥¡¥¤¥Ê¥ó¥¹¤Î¿ôÍý²òÀϤȤ½¤Î±þÍÑ¡×, µþÅÔÂç³Ø, µþÅÔ, 13 November, 2017.
*Michi NISHIHARA, Takashi SHIBATA, "Bankruptcy decision under asymmetric information," Nippon Finance Association 25th Annual Conference, Chiba Institute of Technology, Narashino, Chiba, 3 June, 2017.
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