MICHAEL
ANGELO CORTEZ
PROFESSOR.
RESEARCHER.
SOCIAL ADVOCATE.

Explore Michael Angelo Cortez’s Published Research
Explore capital structures, financial performance and the impact of environment, social, and governance – ESG scores on firms.
Research Team

Lead Researcher
Michael Angelo A. Cortez is a Professor of Accounting at Ritsumeikan Asia Pacific University who focuses on corporate social responsibility and sustainability. He is also a social advocate for inclusive education and an author who studies social entrepreneurship initiatives and sustainable agriculture.

Solomon Idan
Research Assistant
Solomon Idan is an experienced accounting and finance professional pursuing an MBA at Ritsumeikan Asia Pacific University, specializing in quantitative research and data analysis. He has a strong background in finance management and is also an entrepreneur who founded a platform to support small businesses.
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The Impact of ESG on Corporate Financial Performance: The Case of Global Energy Companies
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Determinants of Corporate Capital Structure and the Emerging Role of Intangibles and Innovation
The Case of Japanese Corporations. This study aims to modernize capital structure determinants in line with changing economic environments by incorporating the function of intangible assets, particularly innovations, into capital structure decisions. Traditional independent variables such as tangibility, firm size, profitability, growth opportunities, and profitability have been thoroughly researched, but the growing importance of intangible
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