立教大学

CHINO Atsushi
Associate Professor

Ph.D. in Finance (University of Washington)

CHINO AtsushiAssociate Professor

Ph.D. in Finance (University of Washington)

Dr. Chino obtained his Ph.D. in Finance from University of Washington (Seattle, WA) in 2012. Prior to that, he had gained several years of business experiences in the private sector and completed postgraduate studies both in Japan and abroad. Before joining Rikkyo University in April 2022, he had taught at International University of Japan and Nagasaki University. His research in finance conducts empirical analysis using corporate-level financial and stock price data. Specifically, he focuses on exploring how characteristics of corporate employees and labor market regulations impact firm value and corporate financial policies in Japan. His papers have been published in the Journal of Financial and Quantitative Analysis, the Journal of Corporate Finance, and Financial Management. Dr. Chino teaches courses in corporate finance and investment.

Specialized field

Corporate Finance, Investment

Current Position

Department of Business Administration
Graduate School of Business Administration Department of Business Administration Master's Program
Graduate School of Business Administration Department of Business Administration Doctoral Program

Educational background

Ph.D. (Finance): Foster School of Business, University of Washington
MA (Economics): University of Virginia
MA (Economics): Osaka University
MSc (Economics): London School of Economics
BA (Economics): Keio University

Major Research Achievements

'Does dividend policy affect sales growth in product markets?: Evidence from the 2003 dividend tax cut' (with Joonho Kim), Financial Management (2022) vol.51 pp.539-571.
'Alternative work arrangements and cost of equity: Evidence from a quasi-natural experiment', Journal of Financial and Quantitative Analysis (2021) vol.56 pp.569-606.
'Do labor unions affect firm payout policy?:Operating leverage and rent extraction effects', Journal of Corporate Finance (2016) vol.41 pp.156-178.

Award Funding

Grant-in-Aid for Scientific Research (C) during 2020-2023 from the Japan Society for the Promotion of Science (JSPS): Research Topic ‘Delayed retirement of older workers and corporate value’
Grant-in-Aid for Scientific Research (C) during 2017-2020 from the Japan Society for the Promotion of Science (JSPS): Research Topic ‘The effects of alternative work arrangements on cost of capital, firm value, and financial decisions’
Grant-in-Aid for Scientific Research (C) during 2013-2017 from the Japan Society for the Promotion of Science (JSPS): Research Topic ‘Employment flexibility and corporate finance decisions’