Research Interests
- Corporate Finance [Payout Policy, Financial Distress, SME Financing];
- Behavioral Finance [Investor Sentiment, Personality, Overconfidence];
- Asset Pricing [ESG Disclosure, Pricing Kernel Puzzle, Distress risk, Asset Growth];
- Text data in Finance [Financial Distress, Financial Constraints]
Publications:
- Predicting Distress: A Post Insolvency and Bankruptcy Code 2016 Analysis, with Paras Arora, Journal of Economics and Finance (2022)
- Dividend Policy in India: Reconciling Theory and Evidence, with Bipin K. Dixit and Nilesh Gupta, Managerial Finance (2020)
- Consumer Investment Behavior, with Ajinkya Dhanagare and Preeti Roy, Forthcoming in ‘A Research Agenda for Consumer Financial Behavior‘ – Edward Elgar Publishing, (June 2023) [Book Chapter]
- Integrated Blockchain architecture for end-to-end Receivables Management of Indian MSMEs. with Deepak Kumar and B V Phani, Forthcoming in ‘Applications of Emerging Technologies and AI/ML Algorithms‘, – Springer Publishing, (2023) [Proceedings Volume]
- Signs of Financial Distress at Jet Airways – The Way Forward, with Preeti Roy, AIMA India Case Research Centre (2022) [Case]
Working Paper
- ESG Disclosure and Financial Risk: Firm-Level Evidence, with Preeti Roy, SSRN (2022) – under review
- Does ESG Disclosure during uncertain environment offer substantial opportunities in the Indian Stock Market? with Preeti Roy – under review
- Pricing Kernel Puzzle in the Indian Financial Market, with Jay Gupta and Sachin Angural
- Investor Sentiment and Open Market Repurchases, with Joshy Jacob and Ajay Pandey
- Foreign Institutional Investors, Controlling Shareholders and Market Timing: Evidence from India, with Imran Haque and Shradha Bindal, EMFC (2016)
Work in-progress
- A study on financial constraints
- A study on SME firms
- A case study on entertainment industry
Conferences
- ‘Predicting Financially Constrained Firms Using Text Data‘ (with Jaydeep Amrutbhai Sarvakar), 3rd International Business Analytics Conference (BAC), (Mumbai, 2023)
- ‘Bankruptcy Prediction Using Text-Based Sentiment Analysis on Indian Firms (with Saurabh Kumar Gupta), 3rd International Business Analytics Conference (BAC), (Mumbai, 2023)
- “Does ESG Disclosure during uncertain environment offer substantial opportunities in the Indian Stock Market?” (with Preeti Roy), World Finance and Banking Symposium (WFBS), (2022)
- “Does ESG Disclosure during uncertain environment offer substantial opportunities in the Indian Stock Market?” (with Preeti Roy), India Finance Conference (IFC), (2022)
- “Crisis Management and Innovation in Indian Manufacturing MSMEs Amidst COVID- 19 pandemic’ (with Deepak Kumar and B V Phani), International Conference on ‘Shaping the Future of Management Education for Sustainable Emerging Economies (SFME), (2022)
- “Does ESG Disclosure during uncertain environment offer substantial opportunities in the Indian Stock Market?” (with Preeti Roy), International Conference on Sustainable Goals (ICSG), (2022) [Link]
- “Integrated Blockchain architecture for end-to-end Receivables Management of Indian MSMEs” (with B. V. Phani and Deepak Kumar), International Conference on Data Analytics in Public Procurement and Supply Chain (ICDAPS), (2022) [Link]
- “ESG Disclosure and Firm Risk: A Case of India’s Environmentally Sensitive Sector” (with Preeti Roy), 12th Conference on Excellence in Research and Education (CERE), (2022) [Link]
- “Signs of Financial Distress at Jet Airways – The Way Forward” (with Preeti Roy), 2nd AIMA-ICRC Case Writing Competition and Conference (CWCC), (2022) [Link]
- “Non-financial Disclosure and Firm Risk: A Case of India’s Environmentally Sensitive Sector” (with Preeti Roy), International Conference on Banking and Finance (ICBF), (2022)* [Link]
- “Predicting Distress: Post Insolvency and Bankruptcy Code (2016) Analysis” (with Paras Arora), Academy of Economics and Finance (AEF) Annual Conference, (2021)
- “Pricing Kernel Puzzle in the Indian Financial Market” (with Jay Gupta and Sachin Angural), Academy of Economics and Finance (AEF) Annual Conference, (2021)
- “Estimation of Risk Aversion and Risk Premium in India (with Jay Gupta and Sachin Angural)”, India Finance Conference (IFC), (Ahmedabad, 2019)
- “Dividend Policy in India: Reconciling Theory and Evidence” (with Bipin K. Dixit and Nilesh Gupta), India Finance Conference (IFC), (Ahmedabad, 2019)
- “Investor Sentiment and Open Market Repurchases” (with Joshy Jacob and Ajay Pandey), India Finance Conference (IFC), (Ahmedabad, 2019)
- “Foreign Institutional Investors, Controlling Shareholders and Market Timing: Evidence from India” (with Imran Haque and Shradha Bindal), Midwest Finance Association (MFA) Annual Meeting, (Chicago, 2017)*
- “Shareholder Tax Incentives and Dividend Policy: Evidence from India”, Academy of Economics and Finance (AEF) Annual Conference, (Charleston, 2017)
- “Market Irrationality and Share Repurchases” (with Joshy Jacob and Ajay Pandey), International Conference on Financial Markets and Corporate Finance (ICFMCF) , (Kharagpur, 2017)
- “Market Irrationality and Share Repurchases” (with Joshy Jacob and Ajay Pandey), International Conference on Advanced Data Analysis, Business Analytics and Intelligence (ICADABAI), (Ahmedabad, 2017)
- “Foreign Institutional Investors, Controlling Shareholders and Market Timing: Evidence from India” (with Imran Haque and Shradha Bindal), India Finance Conference (IFC), (Ahmedabad, 2016)
- “Foreign Institutional Investors, Controlling Shareholders and Market Timing: Evidence from India” (with Imran Haque and Shradha Bindal), Emerging Markets Finance Conference (EMFC), (Mumbai, 2016)*# Link
Invited Talks
- Conducted a workshop on ‘Event Studies Methodology in Management Research’ as part of the IME Seminar Series conducted by the Department of IME, IIT Kanpur in October 2022
- Delivered a session on ‘Entrepreneurial Finance’ at SIIC FIRST IIT Kanpur in 2021
- Conducted a workshop on ‘Event Studies using R’ as part of Faculty Development Programme (FDP) on ‘Advanced Research Methods with R’ conducted by DMS, IIT Roorkee in August 2021
- Conducted a workshop on ‘Event Studies in Finance’ as part of TEQIP on ‘Financial Time-Series Modelling Using R’ at IIT Kanpur in February 2021
- Delivered a session on ‘Leveraged Buyout Deals: Theory and Modelling’ at SIBM Nagpur on 7 May 2021
Workshops Attended
- National Mathematics Initiative (NMI) workshop on Game Theory and Mechanism Design at IISc Bangalore (2016)
- National Workshop on Financial Data Analytics (FiDA) at C R Rao Advanced Institute of Mathematics, Statistics and Computer Science, Hyderabad (2014)
Footnote:
- * (Presented by co-author); # (Attended)
Suman Saurabh 