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NAKAMURA EriGraduate School of Business Administration / Division of Business AdministrationProfessor
Research activity information
■ Paper- Mar. 2024, 公益事業研究公益事業におけるサステナビリティへの取り組みを促進するガバナンス要因に関する分析[Refereed]Scientific journal
- Abstract This study investigates the relationship between consumers’ evaluation on sustainable development goal (SDG)-related characteristics and the actual payment for these values, while revealing effective governmental policies and business activities to enhance sustainable consumption. Using survey data from the USA, Germany, and Japan, the following results were obtained. First, the relative importance of the core element is 35–41% and that of the elements related to SDGs 8, 9, 12, and 13 dominates 52–58% of the overall product value. Second, effective approaches to enhance sustainable consumption differ among product characteristics. Third, lifestyle influences only the long-term and the medium-term goods. Fourth, while consumers rely on their experience in the choice of short-term goods, they make more deliberate decisions considering their condition factors for the medium-term and long-term goods. Based on these results, some practical implications were derived. First, active advertisement emphasizing the importance of economic aspects and actions for economic goals could be effective. Second, describing the idea that underlies the concept of SDGs could be effective rather than emphasizing each SDG. Third, incentive schemes focusing on daily goods rather than durable goods could enhance sustainable consumption further, as consumers still exhibit limited concern for daily goods. (JEL codes: D12; M20; M30; Q01; Q56; and Q58)Lead, Oxford University Press (OUP), Aug. 2023, CESifo Economic Studies[Refereed]Scientific journal
- Lead, Jul. 2023, Journal of Transport Economics and Policy, 57(3) (3), 177 - 198Organisational Governance Reducing Total Costs in Railway Business: Implications from Japanese Vertically Integrated Private Companies[Refereed]Scientific journal
- Apr. 2023, Journal of Transport Economics and Policy, 57(2) (2), 151 - 176, EnglishCost Structure Changes in the Japanese Local Bus Sector in an Era of Deregulation: A Bayesian Gradual Switching Approach[Refereed]Scientific journal
- Feb. 2023, Current Issues in Public Utilities and Public Policy, edited by Mizutani, F., T. Urakami, and E. Nakamura, forthcoming, Springer.An Analysis of the Effect of Demand Response on Electricity Consumption: Assessing the Households’ Heterogeneous Reaction to Dynamic PricingIn book
- Feb. 2023, Current Issues in Public Utilities and Public Policy, edited by Mizutani, F., T. Urakami, and E. Nakamura, forthcoming, Springer.Effects of Sustainable Development Goals Engagement on Profit in Public Utilities: Comparison with General Private CompaniesIn book
- Lead, Dec. 2022, Research in Transportation Business & Management, 45Control and Coordination in Railway Business: Implications for Intermediate Organisational Forms between Vertical Separation and Integration[Refereed]Scientific journal
- Lead, Sep. 2022, 国民経済雑誌, 226(3) (3), Japanese部分調整モデルによる包括委託におけるロックイン効果の推定: 日本の下水道事業のデータを用いた実証分析
- Lead, Elsevier BV, Oct. 2020, Utilities Policy, 66, 101099 - 101099, English[Refereed]Scientific journal
- Springer, Mar. 2019, Journal of Industrial and Business Economics: Economia e Politica Industriale, 46(1) (1), 45 - 64, EnglishNecessary Demand and Extra Demand of Public Utility Product: Identification Using the Stochastic Frontier Model[Refereed]Scientific journal
- Elsevier Ltd, Aug. 2018, Utilities Policy, 53, 102 - 110, English[Refereed]Scientific journal
- 2018, Jeliazkov, I. and Tobias, J.L. eds., Advances in Econometrics, Emerald Group Publishing, forthcoming, EnglishBayesian stochastic frontier model with endogenous regressors: An application to the effect of division of labor in Japanese water supply organizations[Refereed]Scientific journal
- Elsevier Inc., Jan. 2018, Electricity Journal, 31(1) (1), 16 - 22, English[Refereed]Scientific journal
- Springer Verlag, Dec. 2017, Empirical Economics, 56(4) (4), 1 - 22, English[Refereed]Scientific journal
- Springer International Publishing, Sep. 2017, Economia e Politica Industriale, 44(3) (3), 267 - 289, English[Refereed]Scientific journal
- 神戸大学経済経営学会, Feb. 2017, 国民経済雑誌, 215(2) (2), 55 - 68, Japanese確率フロンティアモデルによる企業の環境保全努力の計測および他指標との比較Research institution
- Dec. 2016, International Journal of Consumer Studies, 40(6) (6), 675 - 684, EnglishElectricity Saving Behavior of Households by Making Efforts, Replacing Appliances, and Renovations: Empirical Analysis using a Multivariate Ordered Probit Model[Refereed]Scientific journal
- Wiley, Jan. 2016, Business and Society Review, 121(2) (2), 271 - 295, English[Refereed]Scientific journal
- Dec. 2015, Matthias FINGER and Christian JAAG (eds.), The Routledge Companion to Network Industries, Routledge, Chapter 12, 156 - 168, EnglishPolicy and Regulations in the Postal Sector[Invited]Scientific journal
- Dec. 2015, Matthias FINGER and Christian JAAG (eds.), The Routledge Companion to Network Industries, Routledge, Chapter 21, 286 - 296, EnglishGovernance and Strategies in the Postal Sector[Invited]Scientific journal
- Apr. 2015, Journal of Global Responsibility, 6(1) (1), 128 - 144, EnglishThe bidirectional CSR investment – economic performance relationship[Refereed]Scientific journal
- Jan. 2014, Journal of Management and Governance, 18(1) (1), 245 - 284, EnglishManagerial Incentive, Organizational Slack, and Performance: Empirical Analysis of Japanese Firms' Behavior[Refereed]Scientific journal
- Sep. 2013, Journal of Global Responsibility, 4(1) (1), 113 - 130, EnglishThe Impact of Shareholders’ Types on Corporate Social Responsibility: Evidence from Japanese firms[Refereed]Scientific journal
- Oct. 2011, Eurasian Business Review, 1(2) (2), 91 - 111, EnglishDoes Environmental Investment Really Contribute to Firm Performance? An Empirical Analysis Using Japanese Firms[Refereed]Scientific journal
- Thepurpose of this study is to investigate the effect of organizational slack-an excess of resources of a firm-on R & D investment and environmental investment. We make two contributions in this paper. First, we consider two types of simultaneous corporate investments: in R & D and in environmental conservation. Although corporate managers consider various types of investments in their decision-making processes, previous studies focus on a single form of investment as their dependent variable for organizational slack. By considering two investments simultaneously, we can discuss the comparative importance of each investment. Moreover, we extend an existing discussion concerning the absolute amount of each investment. That is, organizational slack can reduce the absolute amount of corporate investment. Previous studies focusing on only one type of investment consider that organizational slack increases various corporate investments. However, by including two types of investment, we consider the possibility that a firm can increase R & D investment by using the resources originally allocated to environmental investment. This leads to a decrease in the amount of environmental investment. The second contribution of this study is an empirical investigation of the relationship between organizational slack and corporate investments. Most previous studies consider this relationship from a theoretical perspective, but do not examine it empirically. Thus, empirical studies are required in the area of organizational slack and corporate investments. Using seemingly unrelated regression with a data set of 3225 Japanese firms in 2005, we obtained the following results. First, the hypothesis that organizational slack increases the R & D investment ratio and decreases the environmental investment ratio is supported in both manufacturing and nonmanufacturing industries. Second, however, the results differ between manufacturing and nonmanufacturing industries concerning the absolute amount of each investment. While manufacturing firms increase R & D investment using environmental investment resources, nonmanufacturing firms increase both R & D and environmental investment simultaneously. This may reflect a difference in corporate strategies between these two industries.Japan Academy of Business Administration, Apr. 2011, 日本経営学会誌, 27, 15 - 26, Japanese[Refereed]Scientific journal
- Nov. 2010, REVIEW OF MANAGERIAL SCIENCE, 4(3) (3), 217 - 258, English[Refereed]Scientific journal
- Kobe University, Sep. 2010, 六甲台論集, 57(2) (2), 29 - 42, Japanese組織スラックと企業のパフォーマンスの関係についての分析:同時方程式による推定Scientific journal
- Kobe University, Apr. 2010, Journal of Economics and Business Administration, 201(4) (4), 29 - 41, JapaneseDoes Organizational Slack Equal Inefficiency?[Refereed]Scientific journal
- Kobe University, Mar. 2010, 六甲台論集, 56(4) (4), 1 - 16, Japanese日本企業における組織スラックの推定:確率フロンティアモデルによる分析Scientific journal
- Lead, Jan. 2025, Thredbo paper series 8-2, EnglishDifferent Responses to Travel Hindrances: Pandemic, Congestion, and Extreme Weather
- Lead, Jan. 2025, Kobe University Discussion Paper Series 2025-01, EnglishSocial capital and information nudge impact on residents’ willingness to pay: Measures for financially sustainable water supply service
- Dec. 2024, Thredbo paper series 7b-52.Small-scale Public Transport for Social Capital Building – A Case of ‘Green Slow Mobility’ in Japan
- Lead, Mar. 2021, Kobe University Discussion Paper Series 2021.12., EnglishOrganisational Governance Reducing Total Costs in Railway Business: Implications from Japanese Vertically Integrated Private Companies
- Dec. 2017, Kobe University Discussion Paper Series, EnglishMeasuring and Exploring Intra-Organisational Transaction Costs of Spontaneous and Intentional Governance: Case Study of the Austrian Telecommunication IndustryTechnical report
- Mar. 2017, Kobe University Discussion Paper Series, EnglishManagers' temporary transfer to reduce transaction costs between business units: Case study on Japanese railway groups having holding company structureTechnical report
- Oct. 2015, 神戸大学ディスカッションペーパー, EnglishTo What Extent Do Public Interest and Private Interest Affect Regulations? An Empirical Investigation of Firms in JapanTechnical report
- Feb. 2015, Kobe University Discussion Paper Series, EnglishThe Effect of Demand Response on Electricity Consumption in JapanTechnical report
- Feb. 2015, Kobe University Discussion Paper Series, EnglishAn Analysis of Household Electricity Saving Behavior Using the Stochastic Frontier FunctionTechnical report
- Sep. 2014, 神戸大学ディスカッションペーパー, EnglishPostal Services: Governments and Firms’ PerspectiveTechnical report
- Aug. 2014, 神戸大学ディスカッションペーパー, EnglishWhat Most Affects A Firm’s Costs:Internal or External Factors, or Both?Technical report
- Regulation, Competition, Diversification, Governance and Costs: An Empirical Analysis of Public Utility and Manufacturing Firms in JapanThe main purpose of this study is to investigate how regulation, competition, governance structure, and business diversification strategy affect the cost structure of firms. By using 358 observations comprised of public utility firms and manufacturing firms from 1989 to 2002, we estimate the translog cost function. From our empirical analysis, the following results are obtained: (i) The regulation factor does not affect the cost structure. (ii) Compared with the regulation factor, the competition factor shows a quite clear effect on a firm's cost reduction. (iii) As a company diversifies further from its core industry into other industries, all of the firm's business costs increase, indicating an apparent lack of economies of scope. (iv) The governance factor has an important effect on a firm's cost structure. As the ratio of foreign shareholders increases and there is more dependence on one main bank, the costs of a firm decrease.神戸大学大学院経営学研究科, Jun. 2013, 神戸大学経営学研究科 Discussion paper, 2013, English
- Jun. 2013, 信州大学スタッフペーパーシリーズ, (13-01) (13-01), EnglishThe Difference between Observed Level and Theoretically Possible Level of CSR Investments: Analysis of CSR Slack using Stochastic Frontier ModelTechnical report
- Jul. 2012, 信州大学スタッフペーパーシリーズ, (12-01) (12-01), EnglishThe Bidirectional Relationship between CSR Activities and Economic Performance: Analysis using a Simultaneous Equations ModelTechnical report
- Apr. 2011, 博士論文(神戸大学), Japanese組織スラックが企業活動に与える影響についての実証研究[Refereed]Others
- Mar. 2008, 修士論文(神戸大学), Japanese組織スラックと企業のパフォーマンスの関係に関する実証研究[Refereed]Others
■ Lectures, oral presentations, etc.
- International Conference Series on Competition and Ownership in Land Passenger Transport (Thredbo) 18, Oct. 2024, EnglishDifferent Responses to Mobility Restrictions: Pandemic, Congestion, Extreme Weather and GHG ReductionOral presentation
- 93rd Southern Economic Association (SEA), New Orleans Marriott, New Orleans, The United States of America, Nov. 2023, EnglishConsumption with Strong Externalities in Emergencies:: Providing Information for Immediate AdaptationOral presentation
- 9th CIRIEC International Research Conference on Social Economy, Jul. 2023Information Delivery for Voluntary Civil Cooperation towards a Resilient Society: Evidence from Surveys in Japan, Germany, and the United StatesOral presentation
- The 17th International Conference on Competition and Ownership in Land Passenger Transport, Sep. 2022, EnglishControl and Coordination in Railway Business: Implications for Intermediate Organisational Forms between Vertical Separation and IntegrationOral presentation
- The Japan Society Of Public Utility Economics, Jun. 2022, JapaneseThe Lock-in Effect and Outsourcing Contract in Japan’s Sanitation BusinessesOral presentation
- The 20th International Conference of the Japan Economic Policy Association, Nov. 2021, EnglishThe Impact of Lock-in Effect on Costs in Comprehensive Outsourcing Contract: Empirical Analysis of Japanese Sanitation BusinessesOral presentation
- Kansai Conference of The Japan Society of Transportation Economics, Urban Transportation Research Institute, Apr. 2021, JapaneseOrganisational Coordination Mechanisms between Train Operating Unit and Infrastructure Management Unit in Japanese Railway Companies
- 公益事業学会若手研究会, Sep. 2019, Japanese, Domestic conferenceCoordination mechanisms to reduce misalignment among unbundled business units: A case study of vertically integrated JapaneseOral presentation
- WORLD CONFERENCE ON TRANSPORT RESEARCH SOCIETY, May 2019, English, Mumbai, India, International conferenceCoordination Mechanisms to Reduce Misalignment Among Unbundled Business Units: A Case Study of Vertically Integrated Japanese RailwaysOral presentation
- International Society for Bayesian Analysis, Jun. 2018, English, エジンバラ大学, International conferenceBayesian stochastic frontier model with endogenous regressors: an application to the effect of division of labour in Japanese water supply organisationsPoster presentation
- Advances in Econometrics Conference, Jun. 2018, English, UC Irvine, International conferenceBayesian stochastic frontier model with endogenous regressors: an application to the effect of division of labour in Japanese water supply organisationsOral presentation
- Workshop on Railway Structure, Jan. 2018, English, Leeds University, International conferenceMisalignments and Coordination inJapanese Integrated Rail SystemBased on Case StudyOral presentation
- European Regional Science Association, Aug. 2017, English, フローニンゲン大学, International conferenceManagers' temporary transfer to reduce transaction costs between business units: Case study on Japanese railway groups having holding company structureOral presentation
- Corporate Governance in Network Industries, Oct. 2015, English, Vienna University of Economics and Business, International conferenceTo What Extent Do Public Interest and Private Interest Affect Regulations? An Empirical Investigation of Firms in JapanOral presentation
- Eurasia Business and Economics Society, Oct. 2013, English, Warsaw, International conferenceThe Bidirectional Relationship between CSR Activities and Economic Performance: Analysis using a Simultaneous Equations ModelOral presentation
- International Academic Conference, Sep. 2013, English, International Institute of Social and Economic Sciences, Prague, International conferenceIs the Current Implementation of Corporate Social Responsibilities at the Appropriate Level? Analysis of “CSR Slack” using Stochastic Frontier ModelOral presentation
- Eurasia Business and Economics Society, Jan. 2013, English, Sapienza University, International conferenceThe Impact of Shareholders’ Types on Corporate Social Responsibility: Evidence from Japanese firmsOral presentation
- Eurasia Business and Economics Society, Nov. 2010, English, Athens, International conferenceDoes Environmental Investment Really Contribute to Firm Performance? An Empirical Analysis Using Japanese FirmsOral presentation
- 日本経営学会第84回大会, Sep. 2010, Japanese, 石巻専修大学, Domestic conference組織スラックはR&D投資と環境投資を促進するのかOral presentation
- 11th Annual Conference of International Network for Economic Research, Sep. 2009, English, University of Stirling, International conferenceThe Effect of Public Involvement on Firm Inefficiency: Evidence using Japanese Private FirmsOral presentation
■ Research Themes
- JSPS, KAKENHI, The Fund for the Promotion of Joint International Research (International Collaborative Research), Kindai University, Sep. 2023 - Mar. 2027Empirical Study on Sustainable Water and Wastewater Services under Accelerated Population Decline
- Japan Society for the Promotion of Science, Grants-in-Aid for Scientific Research Grant-in-Aid for Scientific Research (C), Grant-in-Aid for Scientific Research (C), Kobe University, 01 Apr. 2021 - 31 Mar. 2026Study on effective organisational design and coordination mechanisms in public utilities申請者のこれまでの研究で、公益事業におけるインフラ維持部門と運営部門の間の最適な組織間調整システムについての研究を行った。しかし、これらの研究では、ソフト面である組織間調整システムの制度や運用方法が主な研究対象であり、ハード面である組織構造は「与件」であると仮定していた。これは、公益事業分野では多くの場合、政府の政策や規制によって組織構造が制限されるため、企業側の裁量性がほとんどないと考えてきたためである。このため、ソフト面とハード面の調和および両者を含めた組織全体の最適化については部分的に議論したのみであった。 本研究課題では、ソフト面としての組織の調整メカニズムと、ハード面としての組織構造をともに変数として扱うことで、それらのどのような組み合わせが効率性や生産性を最も上げるのかという全体最適を考えることが主な目的であった。本年度は、公益事業の組織最適化について、日本の鉄道事業を例として取り上げることでその費用効率性の決定要因を分析した。特に組織ガバナンスに焦点を当て、組織デザイン、戦略、コーポレートガバナンスの3つの要因が鉄道事業の生産費用に与える影響をトランスログ費用関数で実証的に分析した。その結果、経営陣のオーナーシップと多角化は費用を削減する効果があるが、大株主による株式所有とホールディングス制の採用、組織のスタッフ機能の拡大は費用を増加させることがわかった。その一方、多くの研究で重要な要因だとされている政府による株式所有は有意な影響を与えないことが明らかになった。
- 科学技術振興機構, さきがけ「パンデミックに対してレジリエントな社会・技術基盤の構築」, Oct. 2022 - Mar. 2026, Principal investigator緊急時における公益事業を中心とした企業間連携と住民間協力体制の構築
- Japan Society for the Promotion of Science, Grants-in-Aid for Scientific Research Grant-in-Aid for Scientific Research (B), Grant-in-Aid for Scientific Research (B), Kobe University, Apr. 2019 - Mar. 2022, CoinvestigatorStudies on Sustainable Transport: Focusing on the Regulatory Framework and the Role of Private SectorThis research project examined sustainable transport policy based on the evaluations of transport policies in Japan. Several interesting findings are obtained by our empirical analyses. Especially, 1) even regulatory reform on entry/exit and fares, changes in the market environment may be the large momentum of the private rail’s response; 2) informal communication is significant for overall coordination and mechanisms enhancing informal communication are observed mainly at the task group and individual levels; 3) Japanese track access charges, calculated by the avoidable cost rule, is too low, causing difficulties in the promotion of a modal shift to rail freight; 4) High speed rail may be a stronger competitor for FSCs than LCCs.
- 科学研究費補助金/若手研究, Apr. 2018 - Mar. 2021, Principal investigatorCompetitive research funding
- 学術研究助成基金助成金/基盤研究(C), Apr. 2017 - Mar. 2021Competitive research funding
- Japan Society for the Promotion of Science, Grants-in-Aid for Scientific Research, Grant-in-Aid for Young Scientists (B), Kobe University, 01 Apr. 2016 - 31 Mar. 2019The effect of introducing Public-Private-Partnership in public sector -from the viewpoint of transaction cost economics-The findings of the research are as follows. First, we analyzed the coordination problem at the interface between train operating company and the infrastructure manager in the vertical separation system of the European railway business. Here, the entire railway business was classified into four steps: investment, planning, timetable design, and production, and an analysis was conducted as to which stage of coordination causes misalignment. In addition, in order to obtain suggestions for redesigning of EU railway policy, we analyzed the mechanism to reduce the transaction cost incurred between each division and subsidiary of a large private railway company in Japan. Second, we measured how well the form of governance is aligned from the perspective of transaction cost in the publicly owned water supply and bus companies PPP, and the effects of misalignment variable on performance indicators were examined.
- 学術研究助成基金助成金/若手研究(B), Apr. 2015 - Mar. 2018, Principal investigatorCompetitive research funding
- Japan Society for the Promotion of Science, Grants-in-Aid for Scientific Research Grant-in-Aid for Research Activity start-up, Grant-in-Aid for Research Activity start-up, Shinshu University, 2011 - 2012, Principal investigatorFirst, industry regulations do not have a significant effect on business activity while the pressures by the society expressed as corporate social responsibility (CSR) have a great effect on business activities. Second, among CSR activities, environmental investment decreases economic performance while the engagement in labor issues and social contribution enhances economic performance. Third, there is a relationship that CSR influences economic performance in addition to the relationship that economic performance influences CSR. Fourth, governance structure is the important determinant for CSR. Fifth, most shareholders focus on only the activity that they are interested in but ignore the whole CSR investment strategy. A company can improve economic performance more effectively by dispersed CSR investment than by concentrated CSR investment.