Education
PhD Finance & Econometrics, University of Massachusetts, Amherst
MBA Finance, University of Massachusetts, Amherst
MSc Physics, University of Delhi, India
BSc Honours in Physics, University of Delhi, India
Courses Taught
- Management of Business Capital, FNCE 3500
- Corporate Financial Decisions, FNCE 4320
- Financial Decisions & Policies, FNCE 6310
- Mergers & Acquisitions, FNCE 6420
- Financial Management, BUSN 6640
Areas of Expertise
- Mergers and acquisitions
- Corporate finance
- Emerging markets
- Governance structures in organizations
Other Education
- Certified Cost and Management Accountant, India
- Certified Banker, India
Professional History
Academic Experience:
Other:
- Director, 11-Month MBA Program
- Director, MBA Program
- Faculty Advisor, Financial Management Association student chapter
- Credit Analyst, State Bank of India
Selected Publications
Articles:
- "Why Regulate Insider Trading? Evidence From the First Great Merger Wave (1897-1903)," American Economic Review, 2001 (with E. Woodrow Eckard)
- "Are Mega-mergers Anticompetitive? Evidence From the First Great Merger Wave," RAND Journal of Economics, 1998 (with E. Woodrow Eckard)
- "Impact of the Nature and Sequence of Multiple Bids in Corporate Control Contests of the Eighties," Journal of Corporate Finance, 1996 (with James E. Owers)
- "Changes in SEC Disclosure Rules for Executive Stock Options: Implications for Valuation," Journal of Accounting, Auditing, and Finance, 1995
- "Managerial Incentives and Corporate Control Auctions," Managerial and Decision Economics, 1993 (with James E. Owers)
- "Wealth Reduction in White Knight Bids," Financial Management, 1992 (with James E. Owers)
Current Research
- Financing patterns of corporations in China and India
- Voluntary public financial disclosure in an unregulated environment
- Private Equity: Does it add value in the long run?
- Bank mergers in the 1990s
Achievements and Honors
- Dave Laube Community Impact Award ($5,000), Business School, University of Colorado Denver
- Jim Basey Innovation and Leadership Award ($30,000), Business School, University of Colorado Denver
- Faculty Research Grants, Teaching Development Grant, University of Colorado at Denver
- Outstanding Service Award, Business School at the University of Colorado at Denver
- Corporate Finance Best Paper Award, Eastern Finance Association meetings, 1990
- Sheaffer-Eaton Academic Excellence Award, University of Massachusetts, Amherst
- Ranked 2nd in India in cost accounting certification examination, 1981
Academic and Professional Activities
- Content Expert: American Council on Education, Washington DC
- Reviewer: National Stock Exchange of India Research Grant Projects
- Reviewer: Managerial and Decision Economics
- Chairperson/Discussant/Program Committee: Financial Management Association, Eastern Finance Association past annual meetings
- Member: American Finance Association, Financial Management Association, Association for Research in Nonprofit Organizations and Voluntary Action, Institute of Cost & Works Accountants of India, Indian Institute of Bankers