Narayanan Jayaraman is the Evelyn T. and Mallory C. Jones, Jr. Professor and Area Coordinator for Finance in the College of Management. He received his Ph. D. from the Katz Graduate School of Business of the University of Pittsburgh. His previous degrees include an MBA from the Indian Institute of Management - Calcutta, and a Bachelor of Technology in Mechanical Engineering from the Indian Institute of Technology - Madras. Prior to attending the Ph. D. program, he was employed as a planning manager for five years at Premier Automobiles Ltd., a large automobile organization in Mumbai, India. Dr. Jayaraman received his Chartered Financial Analyst (CFA) qualification in 2004.
Dr. Jayaraman's research interests are in the areas of Corporate Finance, Options Markets, Japanese Capital Markets, Corporate Bankruptcy, and Entrepreneurship. He served as a director on the board of Eastern Financial Association. He is a member of the Program Committee for the Financial Management Association Annual Meetings as well as an ad-hoc referee for several professional journals. He has made over 60 presentations at national and international conferences including the American Finance Association, the Western Finance Association, the Financial Management Association, the European Financial Management Association, and the Pacific-Basin Finance Association. He has published over thirty scholarly articles in various journals including the Journal of Finance, the Journal of Financial and Quantitative Analysis, the Journal of Banking and Finance, the Journal of Corporate Finance, the Journal of Financial Markets, the Strategic Management Journal, the Financial Review, and the Pacific-Basin Finance Journal. His research has been cited in major press publications including the Wall Street Journal, Atlanta Journal-Constitution, Chicago Tribune, Money Magazine, and The Street.com. His paper on the post-listing puzzle won the best paper award at the fourth annual Pacific-Basin conference in Hong Kong.
He has won several teaching awards including Institute Junior Faculty Teaching Excellence award, Roe Stamps, IV Excellence-in-Teaching award, Lilly Teaching Fellowship award, and the Core Professor of the year award in the MBA program. He has also been recognized for outstanding teaching in the BusinessWeek Guide to Best Business Schools. He has taught in several executive education programs. He has also served as a consultant for several organizations.
Selected Publications
• Are Analyst Recommendations Biased? Evidence from Corporate Bankruptcies, co-authored with Jonathan Clarke, Steve Ferris, and Jinsoo Lee, Journal of Financial and Quantitative Analysis, 2006, Vol. 41, No. 3, 169-196.
• Characteristics and Behavior of Newly Listed Firms: Evidence from the Asia Pacific Region, co-authored with Steve Ferris and Sanjiv Sabherwal, Forthcoming Journal of International Financial Markets, Institutions & Money, 2007.
• Circuit Breakers with Uncertainty about the Presence of Informed Agents: I Know What You Know…..I Think. Co-authored with Lucy Ackert and Bryan Church, Financial Markets, Institutions & Instruments, 2005, Vol. 14, No. 3, 135-167.
• Price and Volume Effects of Changes in MSCI Indices – Nature and Causes, co-authored with Rajesh Chakrabarti, Wei Huang, and Jinsoo Lee, Journal of Banking and Finance, 2005, Vol. 29, No. 5, 1237-1264.
• The Determinants of Mutual Fund Mergers and their Impact on Fund Shareholders. co-authored with Ajay Khorana and Ed Nelling, Journal of Finance, 2002, Vol. LVII, No. 3, 1521-1551.
• An Experimental Study of Circuit Breakers: The Effect of Mandated Market Closures and Temporary Halts on Market Behavior, co-authored with Lucy Ackert and Bryan Church, Journal of Financial Markets, 2001, Vol. 4, 185-208.
• CEO Founder Status and Firm Financial Performance, co-authored with Ajay Khorana, Ed Nelling, and Jeff Covin, Strategic Management Journal, 2000, 21, 1215-1224. Areas of SpecializationCorporate Financial Distress Entrepreneurial Finance Mergers and Acquisitions Experimental Finance Options and Equity Market Linkages EducationPhD, University of Pittsburgh |