Research Areas:
Investments, Equity Markets, Risk Management
Significant Publications:
- Badrinath, S.G. and S. Gubellini, 2013, "Governing Derivatives: The Devil is in the Details," in Credit Portfolio Securitizations and Derivatives, editors H. Scheule and D. Rosch, Wiley, ISBN 9781119963967.
- Badrinath, S.G. and S. Gubellini, 2012, "Does Conditional mutual fund outperformance exist?, Managerial Finance, 38(12), 1160-1183.
- Badrinath, S.G. and S. Gubellini, 2011, "On the Characteristics and Performance of Long-short, Market-neutral and Bear Mutual Funds," Journal of Banking and Finance, 35(7), 1762-1776.
- Badrinath, S.G. and S. Gubellini, 2010, "Mutual Fund Performance: A Synthesis of Taxonomic an d Methodological Issues," IIM-B Management Review, 22(4), 147-164.
- Badrinath, S.G. and S. Gubellini, 2010, "Securitization in the Aftermath of the Financial Crisis: Lessons for Emerging Economies," Journal of Emerging Financial Markets, 2(1), 1-19.
- Anshuman, V.R and S.G. Badrinath, 2007, "A framework for a Securities Market Database in India," Economic and Political Weekly (Dec), 81-88. (Special Article).
- Badrinath, S.G, S. Chakravarty, A. Anand and R. Wood, 2006, "Is it prudent to trade around analyst recommendation changes? An analysis of transactions costs," Journal of Trading, 2-17.
- Badrinath, S.G and S. Wahal, 2002 "Momentum trading by institutions," Journal of Finance 57 (6), 2449-2478.
- Badrinath, S.G. and O. Kini, 2001, ""The robustness of abnormal returns from the earnings-yield contrarian investment strategy," Journal of Financial Research, 24 (3).
- Badrinath, S.G., N. Varaiya and R. Ferling, 2001, "To buy or not to buy," Financial Executive, 43-46.
- Lewellen, W.G. and S.G. Badrinath, 1997, "On the measurement of Tobin's q," Journal of Financial Economics, 44, 77-122.
- Badrinath, S.G. and P.J. Bolster, 1996, "The role of market forces in EPA enforcement activity," The Journal of Regulatory Economics, 10, 165-181.
- Badrinath, S.G., J.R. Kale and H.E. Ryan, 1996, "Characteristics of common stock holdings of insurance companies," Journal of Risk and Insurance, 63 (1), 49-76.
- Badrinath, S.G., J.R. Kale and T.H. Noe, 1995, "Of shepherds, sheep and the cross-autocorrelation in equity returns," Review of Financial Studies, 8 (2), 401-430.
- Badrinath, S.G. and O. Kini, 1994, "The relationship between securities yield, firm size, earnings/price ratios, firm size and Tobin's q," Journal of Business Finance and Accounting, 21(1), 109-131.
- Badrinath, S.G. and S. Chatterjee, 1993, "Systematic risk estimation in the presence of large and many outliers," Review of Quantitative Finance and Accounting, 3(1), 5-28, (lead article).
- Badrinath, S.G. and O. Kini, 1992, "Portfolio management using a factor-analytic stock selection strategy," Managerial and Decision Economics, 13 (4), 305-314.
- Badrinath, S.G. and W.G. Lewellen, 1991, "Evidence on tax-motivated securities trading behavior," Journal of Finance, 46 (1), 369-382.
- Badrinath, S.G. and S. Chatterjee, 1991, "A data analytic look at skewness and elongation in common stock return distributions," The Journal of Business and Economic Statistics, 9 (2), 223-233.
- Badrinath, S.G., G.D. Gay and J.R. Kale, 1989, "Patterns of institutional investment, prudence and the managerial safety-net hypothesis," The Journal of Risk and Insurance, 56 (4), 605-629, ( lead article).
- Badrinath, S.G. and S. Chatterjee, 1988, "On measuring skewness and elongation in common stock return distributions: The case of the market index," The Journal of Business, 61 (4), 451-472.
- Margotta, D. and S.G. Badrinath, 1987, "Effects of the New Jersey shareholder protection legislation on stock prices," in Corporate takeovers revisited: Policy implications of recent research, Editor Ellen B. Magenheim, Brookings Institution Forum.
- Associate Editor, Journal of Emerging Financial Markets.
- Proposal Reviewer, National Stock Exchange of India, 2008-
- Programme Committee Member, Financial Management Association, 1997-2000,
- Academic Reviewer for: The Journal of Finance, The Journal of Banking and Finance, The Journal of Risk and Insurance, Financial Management, The Journal of Empirical Finance, The Journal of Pension Economics and Finance, The Financial Review, Financial Services Review, Multinational Finance Journal, The Review of Business Studies, The International Journal of Finance, Quarterly Review of Economics and Finance, National Stock Exchange of India Research Program.
Recent Consulting:
Wachtel Associates -- Conducted empirical analyses of the impacts of anti-takeover legislation in New York and New Jersey. Studies frequently cited, used in litigation support.
Analyses for rate of return testimony in public utility rate cases for Ameritech Corporation, Indianapolis Power and Light Company, Indiana Cities Water Company, Gary Hobart Water Corporation, Indiana Bell Telephone Company.
- Ph.D, Purdue University, 1984
- PGDM, IIM-Bangalore, 1979
- M.A. Operations Research, St.Stephen's College, New Delhi
- B.A (Hons.) Mathematics, St. Stephen' s College, New Delhi
- Fulbright Research Award, Council for International Exchange of Scholars, 2011-2012 (declined for personal reasons).
- Oustanding Faculty Award, Associated Students, San Diego State University, 2008.
- Outstanding Faculty Contribution Award, College of Business, San Diego State University, 2005.
- Provost's Award for Teaching Excellence, Rutgers University, 1998-99.
- School of Business Teaching Excellence Award, Rutgers University, 1996-97.
- Financial Executives Research Foundation, 1999, $ 82000, (with N. Varaiya) , "The Share Repurchase Decision: Causes, Consequences and Implementation Guidelines."
- U.S. Environmental Protection Agency, Assistance ID # R 818496-01-0, 1991-93, $105,040, initially as principal investigator, then as co-principal investigator (with P. Bolster). "The Economic Impact of EPA Judicial Actions and Environmental Legislation on Affected Firms and Industries."
