Faculty

M Kannadhasan

Professor
mkdhasan@iimraipur.ac.in
771-2474642

M Kannadhasan

Professor
Ph.D. (Anna University Chennai), MFT (Pondicherry University), M. Phil (Annamalai University), MBA
About Faculty

M Kannadhasan is a professor of finance at the Indian Institute of Management Raipur. He holds a Ph.D in finance from Anna University. He has received his bachelor’s degree in commerce from Madras University, a Master’s in business administration from Bharathiar University, and a Master’s in foreign trade from Pondicherry University. Before joining IIM Raipur, he has worked with Bharathidhasan Institute of Management, Trichy. He teaches courses, namely, Financial Reporting and Analysis, Corporate Finance, Security analysis and portfolio management, Financial derivatives, and Fixed Income securities.
He has written a book Titled “Fixed Income Securities: Valuation and Risk Management”, published by Cengage international. His research work has appeared in numerous journals of repute, including the International Review of Economics and Finance, Journal of Behavioural and Experimental Finance, Emerging Markets Review, Finance Research Letters, International Journal of Managerial Finance, Applied Economics Letters, The North American Journal of Economics and Finance). He has also published cases with Ivey Publishing, Canada, and listed in Harvard Business Publishing Education. He is also a noted author of a book and three monographs. He has attended the “Global Colloquium on Participant Centred Learning” and “Case writing workshop” program held at Harvard Business School in 2012 and 2014 respectively.
He is the recipient of 4th Asia’s Best B-Schools Awards - Best Professor in Financial Management” in 2013 from the CMO Asia with CMO Council in Singapore & the USA. He is also the recipient of “Best researcher of the year in Finance” in 2019 from the RULA awards, powered by World Research Council and United Medical Council. Bharat Vikas Award has conferred him on December 14, 2019, for his excellence in the Finance domain. The prestigious award is conferred only to a few selected outstanding people and organisation for their exceptional contribution to the society for their extraordinary devotion in the respective field.

Area of Research
Behavioural Finance, Emerging Financial Market, and Corporate Finance
Education
Ph.D. (Anna University Chennai), MFT (Pondicherry University), M. Phil (Annamalai University), MBA
Affiliation
Since April 2014 Associate Professor, Indian Institute of Management Raipur 
April 2011- March 2014 Assistant Professor, Indian Institute of Management Raipur 
June 2007- March 2011 Assistant Professor, Bharathidasan Institute of Management 
June 2004 to April 2007 Assistant Professor, DOMS, Adhiyamaan College of Engineering 
Jan. 2003 to May 2004 Assistant Professor, DOMS, Dr. M.G.R. Deemed University 
July 2000 to Nov. 2002 Manager – F & A, M/s Oren Hydrocarbons Private Ltd 
June 1998 to May 2000 Executive – Operations, M/s P. Vencatachellum Condiments
Awards & Recognitions
Bharat Vikas Award conferred on December 14, 2019, for excellence in Finance domain. The prestigious award is conferred to the selected few outstanding people and organisation for their outstanding contribution to the society for their excellent devotion in the restive field. “Best researcher of the year in Finance” in 2019 from the RULA awards, powered by World Research Council and United Medical Council. "4TH Asia’s Best Professor in Financial Management” conferred in 2013 under the category of Best B-Schools Awards, powered by the CMO Asia with CMO Council in Singapore & USA. This award recognises talent and leadership amongst business schools across the world.
Research

Journal Publications

>> Bhanu Pratap Singh Thakur and M Kannadhasan (2020). Corruption, Capital Structure and Corporate Debt Maturity: Evidence from Emerging Market Economies. Journal of Behavioral and Experimental Finance, 28 (4), 1 - 10

>> M. Kannadhasan and Debojyoti Das (2020). Do Asian emerging stock markets react to international economic policy uncertainty and geopolitical risk alike? A quantile regression approach. Finance Research Letters, 34 (3),

>> Debojyoti Das and M Kannadhasan (2020). The asymmetric oil price and policy uncertainty shock exposure of emerging market sectoral equity returns: A quantile regression approach. International Review of Economics and Finance, 69 (5), 563 - 581

>> Riasudeen S, Pankaj Singh, M Kannadhasan (2019). The Role of Job Satisfaction Behind the Link between Group Cohesion, Collective Efficacy and Life Satisfaction. Psychological Studies, 64 (4), 401 - 410

>> Bhanu Pratap Singh Thakur, M Kannadhasan, Parikshit Charan & C. P. Gupta (2019). Corruption and Firm Value: Evidence from Emerging Market Economies. Emerging Markets Finance & Trade

>> Bhanu Pratap Singh Thakur and M Kannadhasan (2019). Corruption and Cash holding: Evidence from emerging economies. Emerging markets review, 38 (1), 1 - 17

>> Debojyoti Das, M Kannadhasan, Malay Bhattacharyya (2019). Do emerging stock markets react to international economic policy uncertainty, geopolitical risk and financial stress alike?. The North American Journal of Economics and Finance, 48 (2), 1 - 19

>> Sivasankaran N, Punam P, Samit Paul, and M Kannadhasan (2019). Measuring impact of working capital efficiency on Financial Performance of a firm: An alternative approach. Journal of Indian Business Research, 11 (1), 75 - 94

>> Punam P, Sivasankaran N, Saravanan P, M Kannadhasan (2019). Does Corporate Governance Influence the Working Capital Management of Firms: Evidence from India. International Journal of Corporate Governance, 10 (1), 42 - 80

>> Debojyoti Das and M. Kannadhasan (2019). Emerging stock market co-movements in South Asia: wavelet approach. International Journal of Managerial Finance, 15 (2), 236 - 256

>> Debojyoti Das, M Kannadhasan, Puja Bhowmik (2019). Geopolitical risks and Precious Metals. Journal of Economic Research, 24 (1), 49 - 66

>> Kannadhasan M, Debojyoti Das (2019). Has co-movement dynamics in BRICS markets changed after global financial crisis? New evidence from wavelet analysis. Asian Academy of Management Journal of Accounting & Finance, 15 (1), 1 - 26

>> Debojyoti Das and M. Kannadhasan (2018). Do global factors impact Bitcoin prices? Evidence from wavelet approach. Journal of Economic Research, 23 (3), 227 - 264

>> Kannadhasan M, Parikshit Charan, Pankaj Singh, and B Pavan Kumar (2018). Relationships among the personality characteristics, risk propensity, institutional environment, and the process of start-up. Decision, 45 (4), 287 - 300

>> D. Das, M. Kannadhasan, K.H. Al-Yahyaee, S.-M. Yoon (2018). A wavelet analysis of co-movements in Asian gold markets. Physica A, 492 192 - 206

>> M Kannadhasan, Charan P, Pankaj Singh, and N Sivasankaran (2018). Relationships among Social Capital, Self-efficacy, and New Venture Decision. Management Decision, 56 (1), 204 - 218

>> Kannadhasan M, Bhanu Pratap Singh, Aramvalarthan S, and Archa Radhakrishnan (2018). Modelling volatility in Emerging Capital Market: The case of the Indian Capital Market. Academy of Accounting and Financial Studies Journal, 22 (1), 1 - 11

>> Bhanu Pratap Singh, M Kannadhasan, Vinay Goyal (2018). Determinants of Corporate Credit Spread: Evidence from India. Decision, 45 (1), 59 - 73

>> M Kannadhasan, Bhanu Pratap Singh, Gupta CP, and Parikshit Charan (2018). Testing Capital Structure Theories using Error Correction Models: Evidence from China, India and South Africa. Cogent Economics and Finance, 6 (1), 1 - 19

>> Debojyoti Das, M. Kannadhasan, Aviral Kumar Tiwari & Khamis Hamed Al-Yahyaee (2018). Has co-movement dynamics in emerging stock markets changed after global financial crisis? New evidence from wavelet analysis. Applied Economics Letters, DOI: 10.1080/13504851.2018.1430307

>> Bhanu Pratap Singh Thakur and M Kannadhasan (2018). Determinants of Dividends payout of Indian Manufacturing companies: A quantile regression approach. Journal of Indian Business Research, 10 (4), 364 - 374

>> Mitra, S. K., Bawa, J., Kannadhasan, M., Goyal, V., & Chattopadhyay, M. (2017). Can profitability through momentum strategies be enhanced applying a range to standard deviation filter?. Finance Research Letters, 20 (2), 269 - 273

>> Kannadhasan M, Aramvalarthan S, P Balasubramanian, and Aishwarya Gopika (2017). Determinants of Dividend Policy of Indian Manufacturing Companies: Panel Autoregressive Distributed Lag Analysis. Academy of Accounting and Financial Studies Journal, 21 (2), 1 - 12

>> Kannadhasan, M., Aramvalarthan, S., Mitra, S. K., & Goyal, V. (2016). Relationship between Biopsychosocial Factors and Financial Risk Tolerance: An Empirical Study.. Vikalpa, 41 (2), 117 - 131

>> Kannadhasan, M (2015). Retail investors' financial risk tolerance and their risk-taking behaviour: The role of demographics as differentiating and classifying factors.. IIMB Management Review, 27 (3), 175 - 184

>> Kannadhasan, M., Aramvalarthan, S., & Kumar, B. P. (2014). Relationship among cognitive biases, risk perceptions and individual’s decision to start a venture.. Decision, 41 (1), 87 - 98

>> Kannadhasan, M. and S. Aramvalarthan (2011). Relationships among Business Strategy, Environmental Uncertainty and Performance of Firms operating in Transport Equipment Industry in India.. The Journal of Emerging Financial Market, 2 (2), 39 - 50

>> Kannadhasan, M. and R. Nandagopal (2010). Influence of Decision-makers’ Characteristics on Risk analysis in Strategic Investment Decisions.. Journal of Modern Accounting and Auditing (ISSN 1548-6583), 6 (4), 38 - 44

>> Kannadhasan, M. and D. Nandagopal (2010). Influence of Information System on Risk Analysis in Strategic Investment Decisions.. The Journal of Venture Capital & Financial Services, 4 (1), 39 - 47

>> Kannadhasan, M. and R. Nandagopal (2010). Do Company-Specific Factors Influence the Extent of Usage of Risk Analysis Techniques in Strategic Investment Decisions?. IUP Journal of Financial Risk Management, 7 (4), 55 - 72

>> Kannadhasan, M. and R. Nandagopal (2010). The influence of Business Strategy on the Performance of Automotive Industry in India.. Smart Journal of Business Management Studies (ISSN 0973 - 1598), 6 (1), 42 - 49

>> Kannadhasan, M. and R. Nandagopal (2010). Risk Analysis: Strategic Investment. SCMS Journal of Indian Management, 7 (4),

>> Kannadhasan, M. and R. Nandagopal (2009). Firm Size as a Moderator of the relationship Between Business Strategy and Performance in Indian automotive Industry.. Srusti Management Review, 2 (2), 4 - 15

>> Kannadhasan, M. and R. Nandagopal (2008). Capital Budgeting In Corporate Sector - An empirical analysis.. Journal of Contemporary Research in Management, 3 (1), 17 - 24

>> Kannadhasan, M. (2007). Measuring Financial Health of A Public Limited Company Using Z’ Score Model-A Case Study.. Management Accountant-Calcutta, 42 (6), 469 - 473

>> Kannadhasan, M. (2007). Working Capital Management in Public Limited Company – a Case Study.. IUP Journal of Management Research, 6 (5), 20 - 33

>> Kannadhasan, M. (2006). Risk Appetite and Attitudes of Retail Investors with Special Reference to Capital Market.. Management Accountant-Calcutta, 41 (6), 448 - 0

>> Kannadhasan, M., S. Aramvalarthan, et al. . Perceived Environmental Uncertainty & Company Performance: Effect on Strategic Investment Decisions. International Journal of Accounting and Financial Management Research (ISSN 2249-6882), 3 (4), 107 - 118

Memberships
The CFA Institute & the CFA Society of India (IAIP) Indian Finance Association (Lifetime Membership)
Training and Consultancy
A two-day workshop on “Research Methods for Management and Social Sciences”, during March 18-19, 2000. Three-day MDP on “Financial Modelling using Excel”, March 6-8, 2014. Two-day “TEQIP conclave” May 19-20, 2014. Six-day “Faculty Development for Achieving Excellence” under TEQIP during August 4-9,2014. Five-day “Management Capacity Enhancement Program” at College of Engineering & Technology, Bhubaneswar, during September 12 – 16, 2016. Two-day “Capacity Building of SC-ST Entrepreneurs through Training and Mentoring and Mentoring” in association with CII, Chattisgarh, during March 25-26, 2017. Two-day “Leadership development for engineering faculty”, for Vishwavidyalaya Engineering college, Lakhanpur, Dist: Surguja., during 23-24, 2018. Five-day “8th Professional Development Training - TEQIP III”, during May 20-24, 2019 Five-day “4th Professional Development Training” under TEQIP- III, jointly organized by Indian Institute of Management Raipur and Chhattisgarh Swami Vivekanand Technical University, Bhilai during January 27-31, 2020 at IIM Raipur.
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