The purpose of this study is to empirically examine the impact of corporate reputation on financial performance and determine mechanisms affecting financial performance. We tested three hypotheses. The first hypothesis is that corporate reputation is comprised of organizational value, social value, customer value, and economic value. The second hypothesis is that there is a sequential order of impact among values, i.e., organizational value first affects social value, which then affects customer value, and customer value ultimately affects economic value. Hypothesis 3 is that improving corporate reputation has a positive impact on financial performance. We verified the hypothesis 1 and 2, but were unable to verify the hypothesis 3.

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　It is verified that responsibility accounting is effective at medical corporations by analyzing financial performance difference among medical corporations with different levels of management accounting practice. Medical corporations with higher level of practice have higher average and smaller variance of operating margin. It is verified by analysis of variance and multiple comparison that levels of management accounting practice have a significant relationship with operating margin. The fact is also verified by multiple regression model with other explanatory variables.

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　In CVP analysis, there is a stylized knowledge of the analytical model which disaggregates operating costs into fixed costs and variable costs with respect to the volume of business operations. However, when the regression analysis is applied to this disaggregation of costs, it often gives remarkably underestimated fixed costs such as negative values. To explore what causes this underestimation, we conduct an empirical study, using cost data provided from a food factory. Then we specify that discretionary costs can relate to the underestimation of fixed costs.

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 This paper recommends improvements to the management of Japanese local governments by analyzing the challenges faced in adopting a Management Control System to administer the operating budget. Based on the outcome of interviews with executive officials in local governments, this research recommends solutions for better management. The interviews have been analyzed by focusing on the point that the operating budget in local governments in other countries is divided into the legislative budget and the management budget and that the performance budget is a part of the management budget. The results of this research suggest that from an internal accounting report point-of-view, the performance budget should not be split into a legislative budget and a management budget, but that the legislative budget should be changed and utilized as the management budget.

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　The motive for this paper was to apply the issue equity theory and the entity equity theory to the discussion for controlling interest and noncontrolling interest in the consolidated financial statements. Discussion for preferred shares has to be consistent with noncontrolling interests in the consolidated financial statements. If paid-in capital and retained earnings are presented separately for controlling interest, and if economic unit concept is adopted, paid-in capital and retained earnings for noncontrolling interest should be presented separately.

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　This study analyzes how Ito-Yokado invests in a new store from the standpoint of the management process research in capital budgeting. The purpose of the research is to illustrate the ringi process in which the company fine-tunes its profitability goals associated with the opening of a new store so that these goals become more achievable until such time as capital expenditures are determined; the onsite employees’ hypothesis-verification activities facilitated through the managerial accounting system are incorporated into a new store’s profit goals. The significance of this study is that it has suggested an investment process for a new store based on the hypothesis-verification model that fine-tunes a plan for the new store until such time as capital expenditures are determined.

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　This paper investigates whether there is an asymmetric accounting behavior of loan loss provisioning （LLP） in reaction to changes in non-performing loans （NPL）. From the analyses, I find that（ 1） there are no consistent relations between LLP and decrease in NPL although there is a positive relation between LLP and increase in NPL and（ 2） there is a stronger asymmetric relation in specific loan loss provisioning（ SLLP） than general loan loss provisioning（ GLLP）

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　This paper examines whether the change in accounting for lease influences risk assessments of investors using data from Japanese firm. The results show that firms avoiding lease on-balance, defined as decreasing finance lease and increasing operating lease, are negatively assessed by investors in terms of risk. This negative impact is salient when the firms’ leverage level is higher before the avoidance behavior. This paper suggests that negative economic consequence occurs when firms avoid lease on-balance.

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