Finance & Accounting
Through their teaching, research, and professional activities, area faculty members aim to influence the theories of asset pricing, financial management, and financial reporting. Area faculty’s research on fundamental questions in finance and accounting has been published in leading academic accounting journals. Some recent areas of interest include: Corporate Finance, Financial Management of Non-Corporate Sector, Asset Pricing, Capital Markets, Corporate Governance, Financial Institutions and Services, Market Microstructure, Risk Management
Research Overview
Touching upon Corporate Finance, Asset Pricing, and Risk Management in the Banking and Finance sector, Professor V. Ravi Anshuman sets the context for research by faculty in the Finance and Accounting area at IIMB. He also offers a broad overview of the curriculum and highlights the strength of the Area’s faculty body.
Research Spotlight
Mutual funds sahi hain. Are they really? For whom? Given the rise in passive investing, Mareeswaran’s thesis examines the impact of passive investing on managerial decision-making. His study provides valuable insights for regulators, corporate managers, and investors for a better understanding of passive investing.
Rajaram’s research question lies at the intersection between labour economics and corporate finance. He examines the information externalities of downsizing for rival firms and finds that that downsizing decisions, which cite declining demand as the reason for layoffs, have a greater contagion effect whereas layoffs, made for efficiency reasons, have a greater competitive spillover effect. His research is of interest to firms and investors alike.
Sanchit Jain examines if announcements of equity financing decisions by group-affiliated firms have any spillover effects on the market value of their member firms. If so, what factors explain this spillover? His study has been carried out in India, but the results are broadly expected to hold in all markets with business groups.
Student |
Dissertation Title |
Year |
Chhavi Shekhawat | Essays on Off-Balance Sheet Liabilities | 2024 |
Prateek Jain | Essays on Mutual Fund Performance in India | 2024 |
Rajdeep Sharma | Essays on International Capital Flows | 2024 |
A Prabhu Venkatachalam | Essays on Revenue Recognition | 2023 |
Padma Narayanan | Essays on Loan Defaults | 2023 |
Srijith Mohanan | Essays on Creditor Rights | 2023 |
Velavan S | Environmental Performance and Firm Decisions | 2023 |
Nikhil Vidhani |
Trading Volume and Dispersion of Signals |
2022 |
Sesha Sai Ram Meka |
Three Essays on the Financial Characteristics of Indian Private Firms |
2021 |
Srikanth Balasubramanian |
CEO Traits, Broad Diversity, and Firm Investment Outcomes |
2021 |
Nabendu Paul |
Essays on Financing Frictions and Demand for External |
2021 |
Harshali Damle |
Essays on the Influence of Culture on Equity Markets |
2021 |
Ankitkumar Kariya |
Essays on Financial Intermediation and Corporate Finance |
2021 |
Jalaj Pathak |
Impact of Central Bank Speeches – A new Approach in Text Analysis |
2021 |
Rajesh Kumar Sinha |
The Effect of Macroeconomic Variables on Analyst Forecast Properties |
2020 |
Student |
Dissertation Title |
M Joel Christopher | Essays In Banking |
Sanchit Jain | Essays on Investment and Financing Decisions |
Rajaram PR | Essays on Corporate Downsizing, Investment & Financing Decisions |
Mareeswaran M | Essays on Impact of Growth in Passive Ownership on Managerial Decision-Making |
Rajeev Kumar Agarwal | Essays on Indian Derivatives Market |
Shreyansh Chaurasiya |
Essays on Creditor Rights and Bankruptcy |
Akshay Dhuria |
Essays on Stock Price Crash Risk |
Arnab Biswas |
Macroeconomic and Monetary Policy risk and Bond Premia: Indian Market Perspective |
No. | Course Name |
1 | Introduction to Asset Pricing Theory |
2 | Corporate Finance 1 |
3 | Financial Econometrics |
4 | Financial Derivatives |
5 | Selected Topics in Empirical Corporate Finance Research |
6 | Indian Financial Markets and Institutions |
7 | Accounting Theory & Empirical Research |
8 | Asset Pricing - II (Microfoundations of Finance) |
9 | Research Seminar on Banking |
10 | Corporate Finance II |
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