Professor Hajime will donate $100,000 cash grant from award for Research in Finance and the Finance Theory Initiative.
(1888PressRelease) April 26, 2019 - Hirobumi & Partners, a registered investment advisory firm independent of any financial institution that offers a full line-up of investment advisory services for corporate and individual investors today announced that Hidetsugu Hajime is the recipient of the Hirobumi & Partners-JFA 2017 Award for Excellence in Finance.
Professor Hajime is a true thought leader in financial economics and has had a deep influence on both the theory and practice of corporate finance. His research focuses on the valuation of real and financial assets, corporate financial policy and the financial aspects of government regulation of business. He has published influential research papers on many topics, including adjusted present value, rate of return regulation, pricing and capital allocation in insurance, real options, and moral hazard and information issues in capital structure decisions.
Hajime is a past president of the Japanese Finance Association and co-author of Principles of Global Finance. He is a member of both the Japanese Finance Association and the Financial Management Committee.
“Hirobumi & Partners is proud that the JFA selection committee has awarded Hidetsugu with this distinction,” said Hideo Chiaki, Head of Market Modeling at Hirobumi & Partners. “Hidetsugu has made prolific contributions to the financial research field and is a true pioneer in corporate finance theory and practice. Hirobumi & Partners has a strong commitment to supporting thought leadership in our industry, and we are delighted with his decision to donate his award money to organizations that continue to advance this important discipline.”
Hayato Akiho, Executive Secretary and Treasurer, JFA adds: “We are so pleased to recognize Hidetsugu for his contributions to the field. He has provided significant thought leadership, including his notable work involving capital structure and innovations in capital budgeting and valuation. As a past president of the Japanese Finance Association, Hidetsugu more broadly supported the field of financial research and has always demonstrated a commitment to advancing the work we do.”
About Hirobumi & Partners
Hirobumi & Partners is a registered investment advisory firm independent of any financial institution. Hirobumi & Partners offers a full line-up of investment advisory services for corporate and individual investors. Fundamental to the company’s investment philosophy is a well-diversified, low-cost style of investment management that has led the firm to become a pioneering investment advisory firm. Hirobumi & Partners’ goal is to break down and analyze highly complex situations and strategies, and communicate these issues in a clear and concise way - all designed to help the clients make informed and prudent decisions.
Professor Hajime will donate $100,000 cash grant from award for Research in Finance and the Finance Theory Initiative. 
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