Takeshi Nishikawa
University of North Texas
Finance, Insurance, Real Estate and Law
(940) 565-2511
Email:

Education

PhD, Texas Tech University, 2003.
Major: Business Administration
Degree Specialization: Finance
Dissertation Title: Does wealth expropriation really exist in corporate decisions? Re-examination of stock repurchases
MS, Texas Tech University, 1998.
Major: Finance
Degree Specialization: Finance
BS, Georgia Southern University, 1995.
Major: Restaurant, Hotel, and Institutional Management
Degree Specialization: Restaurant, Hotel, and Institutional Management

Professional Positions

Academic - Post-Secondary
Associate Professor, University of Colorado Denver. (September 2010 – May 2018).
Assistant professor, St. John's University. (September 2004 – May 2010).

Teaching

Teaching Experience

University of North Texas
FINA 3770, Finance, 12 courses.
FINA 4200, Investments, 1 course.
FINA 4310, Valuation and Financial Decisions, 1 course.
FINA 5170, Financial Management, 2 courses.
FINA 5210, Investment Analysis and Management, 4 courses.
FINA 6018, Seminar in Econometrics Methods Applied in Financial Markets Research, 3 courses.
FINA 6940, Individual Research, 1 course.
FINA 6950, Doctoral Dissertation, 4 courses.

Teaching at Other Institutions

University of Colorado Denver, Financial Management, BUSN 6640, Spring 2018.

University of Colorado denver, Financial Strategy and Valuation, XBUS 6620, Spring 2018.

University of Colorado Denver, Management of Business Capital, FNCE 3500, Spring 2018.

University of Colorado Denver, Management of Business Capital, FNCE 3500, Fall 2017.

Directed Student Learning

Dissertation Committee Member, Accounting. (2023 – Present).

Dissertation Committee Co-Chair, Finance, Insurance, Real Estate and Law. (2022 – Present).

Dissertation Committee Member, Finance, Insurance, Real Estate and Law. (2022 – Present).

Dissertation Committee Co-Chair,"Corporate Environmental Litigations- Peer Effects and Its Relationship to Firm Environmental Social & Governance (ESG) Performance," Finance, Insurance, Real Estate and Law. (2021 – 2023).

Dissertation Committee Chair, Finance, Insurance, Real Estate and Law. (2020 – 2022).

Dissertation Committee Member, Finance, Insurance, Real Estate and Law. (2020 – 2021).

Dissertation Committee Member, Finance, Insurance, Real Estate and Law. (2018 – 2019).

Research

Published Intellectual Contributions

Book Chapter
Nishikawa, T., Ferris, S. P., Kim, K. A., Kitsabunnarat, P. (2007). Managerial power in the design of executive compensation: Evidence from Japan. Advances in Financial Economics. 12, 22. Bingley, UK: Emerald Group Publishing Company.
Journal Article
Nguyen, N., Gillan, S., Nishikawa, T. (2023). Heterogeneity in shareholder activism: Evidence from Japan. Pacific-Basin Finance Journal. 77, . Elservier. https://www.sciencedirect.com/science/article/pii/S0927538X2200186X
Nishikawa, T., Adams, J. C., Rao, R. P. (2018). Mutual fund performance, management teams, and boards. Journal of Banking and Finance. 92, 358-368. New York City, New York: Elsevier.
Nishikawa, T., Adams, J. C., Mansi, S. (2014). Affiliated agents, boards of directors, and mutual fund securities lending returns. Journal of Financial Research. 37, 461-494. Hoboken, New Jersey: Wiley.
Nishikawa, T., Adams, J. C., Mansi, S. (2013). Public vs. Private Ownership, Board Structure, and Fund Manager Turnover. Financial Management. 42, 127-154. Wiley:.
Nishikawa, T., Nejadmalayeri, A., Rao, R. P. (2013). Sarbanes-Oxley Act and corporate credit spread. Journal of Banking and Finance. 37, 2991-3006. New York City, New York: Elsevier.
Nishikawa, T., Adams, J. C., Mansi, S. (2012). Are mutual fund fees excessive? Evidence from index funds. Journal of Banking and Finance. 36, 2245-2259. New York City, New York: Elsevier.
Nishikawa, T., Hayunga, D., Holowczak, R., Lung, P. P. (2012). Derivative traders reaction to mispricing in the underlying equity. Journal of Banking and Finance. 36, 2438-2454. New York City, New York: Elsevier.
Nishikawa, T., Rao, R. P., Prevost, A. K. (2011). Bond market reaction to open market repurchases: Is there a wealth transfer effect?. Journal of Financial Research. 34, 503-522. Wiley:.
Nishikawa, T., Kang, J., Kim, K., Kitsabunnarat-Chatuthamard, P. (2011). The effects of bank relations on stock repurchases: Evidence from Japan. Journal of Financial Intermediation. 20, 94-116.
Nishikawa, T., Adams, J. C., Mansi, S. (2010). Internal governance mechanisms and operational performance: Evidence from index mutual funds. Review Of Financial Studies. 23, 1261-1286. Oxford: Oxford University Press.
Nishikawa, T., Lung, P. P., Kitsabunnarat-Chatjuthamard, P., Rao, R. P. (2010). Leverage reducing exchange offers and bondholder-stockholder wealth transfer: A re-examination. International Review of Economics & Finance. 19, 81-94. New York City, New York: Elsevier.
Bauer, K., Nishikawa, T., Miles, L. (2009). The effect of mergers on credit union performance. Journal of Banking and Finance. 33(12), . New York City, New York: Elsevier.
Nishikawa, T., Martin, A., Williams, M. (2009). CEO gender: Effects on valuation and risk. Quarterly Journal of Finance and Accounting. 48(3), 23-40. Omaha, Nebraska: Creighton University.
Nishikawa, T., Akhigbe, A., Martin, A. (2009). Changes in risk of foreign firms listed in the U.S. following Sarbanes-Oxley. Journal of Multinational Financial Management. 19(3), 193-205. New York City, New York: Elsevier.
Nishikawa, T., Lung, P. P. (2005). The implied exchange rates derived from option premium: A test of the currency option boundary approach on JPY. Review of Futures Markets. 14, 32. Kent, Ohio: Kent State University.

Presentations Given

Paper

Nishikawa, T. (Author), Cui, Y. (Author & Presenter), Li, J. (Author), FMA Annual meeting, Social Capital and Executives Pay Inequality: Evidence from U.S. Public Firms, Financial Management International, Chicago, United States of America. (2023 – 2023).

Rhodes, M. E. (Author & Presenter), Nishikawa, T. (Author), Arnold, G. E. (Author), 2022 FMA Annual Conference, The Federal Reserve’s Corporate Credit Facilities and Debt Financing, Financial Management Association, Atlanta, Georgia, United States of America. (2022).

Nishikawa, T. (Author & Presenter), Nguyen, N. Q. (Author), Gillan, S. L. (Author), 2022 FMA Annual Conference, Heterogeneity in shareholder activism: Evidence from Japan, Financial Management Association, Virtual, United States of America. (2022 – 2022).

Nishikawa, T. (Author), Javadi, S. (Author), Chuluun, T. (Author & Presenter), Prevost, A. (Author), 2022 FMA Annual Conference, Corporate Long_termism: Looking toward an (un)certain Future, Financial Management Association, Atlanta Gergia, United States of America. (2022 – 2022).

Nguyen, N. (Author & Presenter), Gillan, S. (Author), Nishikawa, (Author), JFA-PBFJ Special Issue Conference, Heterogeneity in Shareholder Activism: Evidence from Japan, Japan. (2022 – 2022).

Nishikawa, T. (Author), Prevost, A. (Author & Presenter), Nanda, V. (Author), Boca Corporate Finance and Governance Conference, Compensation Consultants, Managerial Incentives, and the Disappearing Union Effect, United States of America. (2021 – 2021).

Nishikawa, T. (Author & Presenter), Prevost, A. (Author), Nanda, V. (Author), Financial Management International Association, Compensation Consultants, CEO Pay, and Disappearing Union Effects, Financial Management International Association, Denver Colorado, United States of America. (2021 – 2021).

Nishikawa, T. (Author), Prevost, A. K. (Author), Chuluun, T. (Author), Javadi, S. (Author), Financial Management Association Meeting 2020 Virtual, Future orientation and uncertain tone: Evidence from corporate disclosure, Financial Management Association, Virtual, United States of America. (2020 – 2020).

Nishikawa, T. (Author), Prevost, A. K. (Author & Presenter), King, T. D. (Author), Financial Management Association Meeting, The impact of organized labor on CEO inside debt: Strategic substitution or incentive alignment?, Financial Management Association, United States of America. (2017 – 2017).

Service

University Service

Committee Member, Doctoral Program. (September 2023 – Present).

Committee Member, Personal Affairs and Promotion & Tenure Committee. (September 2023 – Present).

Faculty Advisor, Ph.D. program advisor. (September 2023 – Present).

Committee Member, Task force on journal list. (2022 – Present).

Member, Finance Doctoral Program Committee. (October 19, 2018 – Present).

Faculty Advisor, MS in Finance program. (August 2019 – June 2023).

Committee Member, Personal Affairs and Promotion & Tenure Committee. (August 30, 2018 – 2022).

Chairperson, Recruiting Committee. (October 2021 – December 2021).

Member, Recruiting Committee. (September 2020 – December 2020).

Other, Reviewer for MS program. (October 1, 2018 – October 31, 2018).

Professional Service

Reviewer, Ad Hoc Reviewer, Corporate Social responsibility and Environmental Management. (2021 – Present).

Reviewer, Ad Hoc Reviewer, Finance Research Letters. (June 2020 – Present).

Reviewer, Ad Hoc Reviewer, Accounting Research Journal. (April 2020 – Present).

Reviewer, Ad Hoc Reviewer, Accounting Research Journal. (2019 – Present).

Reviewer, Ad Hoc Reviewer, International Review of Economics and Finance. (2019 – Present).

Reviewer, Ad Hoc Reviewer, North American Journal of Economics and Finance. (2018 – Present).

Reviewer, Ad Hoc Reviewer, Journal of Banking and Finance. (2010 – Present).

Reviewer, Ad Hoc Reviewer, Managerial Finance. (2010 – Present).

Board of Directors, Southwestern Finance Association. (August 2020 – March 2022).

Session Chair, Financial Management International, Denver, Colorado. (October 22, 2021 – October 22, 2021).

Reviewer, Ad Hoc Reviewer, Review of Industrial Organization. (2018 – 2018).

Reviewer, Ad Hoc Reviewer, The British Accounting Review. (2018 – 2018).