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Faculty Profile

KAVITHA RANGANATHAN

Associate Professor, Chairperson – Doctoral Program, Associate Dean (Research)

Area:

Accounting, Economics and Finance

Edu:

M.Phil, Ph.D

Date of Joining:

11th Dec 2014

Biography

  • Kavitha Ranganathan is currently Associate Professor in the area of Finance and Strategy at TAPMI. Her research interests are in judgment and decision-making, behavioral corporate finance with focus on mergers and acquisitions and corporate governance. She has prior work experience at the National Institute of Securities Market, and been part of the research team for the Financial Sector Legislative Reforms Commission (FSLRC), commissioned by Ministry of Finance, Govt. of India. Her research article, Satisficing measures of risk, won the best doctoral research paper award at the Academy of Behavioral Economics and Finance conference held at New York University, 2012.

Teaching

  • Corporate Finance, Behavioral Finance, Investment Management, Indian Securities Market for post graduate programs.

Research

  • Decisions under Risk and Uncertainty (with focus on investment decisions)
  • Behavioural Corporate Finance (in context of pricing decisions in mergers and acquisitions)
  • Decisions from Experience (DFE) and Risk Communication
  • Corporate Governance (with focus on Indian securities markets)

    Consultancy and Policy Research

  • NSE-IGIDR Corporate Governance Initiative 2017. Block deals, market reaction and monitoring role: Evidence from India (with Poonam Singh).
  • NSE Research Initiative, March 2014: Reference Price Bias and Regulation: Evidence from Indian Mergers and Acquisitions (with Poonam Singh).
  • Research Officer, Financial Sector Legislative Reforms Commission, Ministry of Finance, Govt. of India, August 2011 – March 2013.
  • IPO Process in India: Due Diligence by Merchant Bankers, Submitted to Securities and Exchange Board of India (SEBI), December 2012.

Publications

    Peer Reviewed Journal/Non Peer Reviewed Journal

  • Berg, N., Prakhya, S., & Ranganathan, K. (2018). A satisficing approach to eliciting risk preferences. Journal of Business Research, 82, 127-140. ABDC – A Category.
  • Ranganathan, K. (2018), Does Global Shapes Of Utility Functions Matter For Investment Decisions? Bulletin of Economic Research. doi:10.1111/boer.12155. ABDC – B Category.
  • Ranganathan, K., & Prakhya, S. (2012). Global Shapes of Preference Scaling Functions. Journal of Interdisciplinary Economics, 24(2), 145-172. ABDC – C Category
  • Ranganathan, K. (2006), The Fund Selection Behavior of Individual Investors towards Mutual Funds, The ICFAI Journal of Behavioral Finance, Vol. 3(2), ICFAI University Press
  • Under review

  • Ranganathan, K and Singh, P, “Anchoring in Mergers and Acquisitions: Does the Regulatory Environment Matter?” Under Review in Journal of Accounting, Auditing and Finance, 2016. ABDC – A Category.
  • Work-in-Progress

  • Demystifying the Role of Multiple Blockholders in Family Firms (with Poonam Singh, Madhu Veeraraghavan and Bin Srinidhi)
  • Are Risk Preferences Stable? Comparison of Satisficing with other standard risk elicitation techniques. (with Tomas Lejarraga)
  • Role of Personal Values in Satisficing Decisions (with Srinivas Prakhya)
  • Description-Experience Gap in Investment Decisions

Conference and Workshop Presentations

  • “Block deals, market reaction and monitoring role: Evidence from India”, NSE-IGIDR Corporate Governance International Conference, NSE-Mumbai, March 2017.
  • “Are heuristic based investment decisions efficient? Evidence from Mutual Fund Selection”, TAPMI-Max Planck Winter School on Bounded Rationality, January 2017
  • “Satisficing and Personal Values”, International Summer School on Theories and Methods in Judgment and Decision-Making Research, University of Mannheim, August 2015.
  • “Anchoring in Mergers and Acquisitions: Does the Regulatory Environment Matter?”
  • TAPMI and Colorado State University Finance Conference, April 2015
  • India Finance Conference, Indian Institute of Management, Ahmedabad, December 2013
  • The Indian Econometric Society Conference, IGIDR, Mumbai, December 2013
  • “A Satisficing Approach to Eliciting Risk Preferences”
  • Summer Institute on Bounded Rationality at the Max Planck Institute of Human Development, Berlin, Germany, June 2014
  • 88th Western Economic Association International (WEAI) Conference, Seattle, August, 2013
  • Academy of Behavioral Finance (AOBF) conference, New York University (Poly), Sept. 2012
  • Society for Advancement in Behavioral Economics (SABE) Conference, Granada, July, 2012
  • “Measuring Risk Attitudes and Personal Values”
  • Cognition and Well Being (CoWell) Research Center, Jacobs University, Germany, June 2014
  • COSMAR Conference, Indian Institute of Science (IISc), Bangalore, 2011
  • Doctoral Colloquium, Indian Institute of Management, Ahmedabad (IIMA), 2009

Awards and Fellowships

  • TAPMI-Max Planck Winter School on Bounded Rationality at TAPMI, January 2017, Max Planck Society Grant (upto 20,000 Euros)
  • NSE-IGIDR Corporate Governance Initiative, November 2016 (2000 USD)
  •  International Summer School on Theories and Methods in Judgment and Decision-Making Research, August 2015 (500 Euros)
  •  Summer Institute on Bounded Rationality, Max Planck Institute for Human Development, Berlin, June 2014 (750 Euros)
  •  National Stock Exchange Research Initiative, November 2013 (INR 50,000)
  •  Asia Summer Institute in Behavioral Economics, National University of Singapore, July 2012. Organised by Mathew Rabin, Colin Camerer and David Laibson.
  •  Best doctoral research paper award for ‘Measuring Risk Attitudes and Personal Values – A Satisficing Approach’ at the Academy of Behavioral Finance (AOBF) Conference, New York University, Sept. 18-21, 2012.
  • Best research paper award for ‘Risk Attitudes and Personal Values’ at the Indian Institute of Science (IISc) COSMAR doctoral conference, October 21, 2011.

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