{"created":"2025-07-15T07:46:26.732198+00:00","id":2001211,"links":{},"metadata":{"_buckets":{"deposit":"8cefb7ee-95c7-41fb-b2ef-a00a74a9caa6"},"_deposit":{"created_by":16,"id":"2001211","owner":"16","owners":[16],"pid":{"revision_id":0,"type":"depid","value":"2001211"},"status":"published"},"_oai":{"id":"oai:doshisha.repo.nii.ac.jp:02001211","sets":["4251:6485:6486:6487:1752565087007","8:2210:2211:1752565009861"]},"author_link":[],"item_1693811493084":{"attribute_name":"出版タイプ","attribute_value_mlt":[{"subitem_version_resource":"http://purl.org/coar/version/c_970fb48d4fbd8a85","subitem_version_type":"VoR"}]},"item_1694490770713":{"attribute_name":"権利者情報","attribute_value_mlt":[{"nameIdentifiers":[{"nameIdentifier":"DA04066893","nameIdentifierScheme":"AID","nameIdentifierURI":"https://ci.nii.ac.jp/author/DA04066893"}],"rightHolderNames":[{"rightHolderLanguage":"ja","rightHolderName":"同志社大学商学会"},{"rightHolderLanguage":"ja-Latn","rightHolderName":"Doshisha Daigaku Shogakkai"},{"rightHolderLanguage":"en","rightHolderName":"The Association of Commerce Doshisha University"}]}]},"item_1695605350696":{"attribute_name":"助成情報","attribute_value_mlt":[{"subitem_award_numbers":{"subitem_award_number":"JP16K17187","subitem_award_number_type":"JGN","subitem_award_uri":"https://kaken.nii.ac.jp/ja/grant/KAKENHI-PROJECT-16K17187/"},"subitem_award_titles":[{"subitem_award_title":"現金保有のダイナミズムとキャッシュリッチ企業の投資行動","subitem_award_title_language":"ja"}],"subitem_funder_identifiers":{"subitem_funder_identifier":"https://doi.org/10.13039/501100001691","subitem_funder_identifier_type":"Crossref Funder"},"subitem_funder_names":[{"subitem_funder_name":"日本学術振興会","subitem_funder_name_language":"ja"},{"subitem_funder_name":"Japan Society for the Promotion of Science","subitem_funder_name_language":"en"}]}]},"item_1_biblio_info_14":{"attribute_name":"書誌情報","attribute_value_mlt":[{"bibliographicIssueDates":{"bibliographicIssueDate":"2025-06-30","bibliographicIssueDateType":"Issued"},"bibliographicIssueNumber":"1","bibliographicPageEnd":"68","bibliographicPageStart":"51","bibliographicVolumeNumber":"77","bibliographic_titles":[{"bibliographic_title":"同志社商学","bibliographic_titleLang":"ja"},{"bibliographic_title":"Doshisha Shogaku (The Doshisha Business Review)","bibliographic_titleLang":"en"}]}]},"item_1_contributor_30":{"attribute_name":"研究代表者","attribute_value_mlt":[{"contributorNames":[{"contributorName":"中岡, 孝剛","lang":"ja"},{"contributorName":"ナカオカ, タカヨシ","lang":"ja-Kana"},{"contributorName":"Nakaoka, Takayoshi","lang":"en"}],"contributorType":"ProjectLeader","familyNames":[{"familyName":"中岡","familyNameLang":"ja"},{"familyName":"ナカオカ","familyNameLang":"ja-Kana"},{"familyName":"Nakaoka","familyNameLang":"en"}],"givenNames":[{"givenName":"孝剛","givenNameLang":"ja"},{"givenName":"タカヨシ","givenNameLang":"ja-Kana"},{"givenName":"Takayoshi","givenNameLang":"en"}],"nameIdentifiers":[{"nameIdentifier":"1000050633822","nameIdentifierScheme":"CiNii ID","nameIdentifierURI":"http://ci.nii.ac.jp/nrid/1000050633822"},{"nameIdentifier":"50633822","nameIdentifierScheme":"e-Rad_Researcher","nameIdentifierURI":"https://kaken.nii.ac.jp/ja/search/?qm=50633822"}]}]},"item_1_description_12":{"attribute_name":"抄録","attribute_value_mlt":[{"subitem_description":"本研究では，我が国企業を対象に，経営者の能力の高低が現金の市場価値にどのような影響を及ぼしているのかについて検証を行った．経営者の能力については，Demerjian et al. (2012)による経営者能力のスコアを経営者能力の代理変数を採用した．同スコアは経営の効率性値の推定を通じて算出されるものであるため，MAスコアは企業経営における効率性から見た経営者の能力である．分析の結果，経営者の能力が高いサンプルほど，子会社保有の現金が市場で高く評価されており，12％程度のプレミアムが付与されていることが明らかになった．この結果から，有能な経営者は内部資本市場を効率的に活用しており，それを市場は好意的に評価している可能性が示唆されている．","subitem_description_language":"ja","subitem_description_type":"Abstract"},{"subitem_description":"This study examines the impact of managerial ability on the market valuation of cash holdings, with a focus on Japanese firms. We use the MA-score developed by Demerjian et al. (2012), which estimates managerial efficiency based on firm-level efficiency, as the measure of managerial ability. The results show that cash held by subsidiaries is valued more highly by the market when the parent firm's managers exhibit higher ability, with an estimated premium of approximately 12%. These findings suggest that capable managers utilize internal capital markets more efficiently, and that the market potentially responds favorably to such managerial effectiveness.","subitem_description_language":"en","subitem_description_type":"Abstract"}]},"item_1_description_13":{"attribute_name":"内容記述","attribute_value_mlt":[{"subitem_description":"研究(Article)","subitem_description_language":"ja","subitem_description_type":"Other"}]},"item_1_identifier_registration":{"attribute_name":"ID登録","attribute_value_mlt":[{"subitem_identifier_reg_text":"10.14988/0002001211","subitem_identifier_reg_type":"JaLC"}]},"item_1_publisher_15":{"attribute_name":"出版者","attribute_value_mlt":[{"subitem_publisher":"同志社大学商学会","subitem_publisher_language":"ja"}]},"item_1_publisher_16":{"attribute_name":"出版者（英）","attribute_value_mlt":[{"subitem_publisher":"Doshisha Daigaku Shogakkai","subitem_publisher_language":"ja-Latn"},{"subitem_publisher":"The Association of Commerce Doshisha 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