Prof. S.V.D. Nageswara Rao

( Chairman of the Board of Metropolitan Stock Exchange of India, Mumbai )

Professor (HAG) 203, Shailesh J. Mehta School of Management, I.I.T.Bombay, Powai, Mumbai 91-22-257677789 (Office), 9869239040 (Mobile) sonti[at]iitb.ac.in, svdnr3[at]gmail.com

Education

• Fellow (IIM-A) from Indian Institute of Management, Ahmedabad. Fellow (IIM-A) is the doctorate degree awarded by the Indian Institute of Management, Ahmedabad.
• Received the “Industrial Finance Corporation of India (IFCI) Best Thesis Proposal Award”, and the “FPM Alumni Research Grant.”
• B. Tech. (Mechanical Engineering) from Regional Engineering College (REC), which is now National Institute of Technology (NIT), Warangal.

Research Interests

Corporate Finance, Investment Banking, Capital Markets, Mutual Funds, Corporate Governance, Financial Engineering, ESG Investing, and Corporate Social Responsibility

Teaching Interests

• Finance
• Economics

Positions Held (Academic)

Visiting Faculty at

• IIM, Ahmedabad,
• IIM Indore,
• IIM, Calicut,
• NITIE, Mumbai,
• MANAGE, Hyderabad

Positions Held (Industry)

1. Chairman of the Board of Metropolitan Stock Exchange of India Ltd., Mumbai.
2. Director on the Board of Metropolitan Stock Exchange of India Ltd., Mumbai.
3. Member of the Finance Committee, IIT Jammu.
4. Member of the Trading and Surveillance Oversight Committee, Metropolitan Stock Exchange of India, Mumbai.
5. Member of the Banking and Finance Committee, Indian Merchants Chamber, Bombay, for the years 2006 – 09.
6. Visitor’s Nominee for faculty selection (Management), NITs.
7. Convener of the E-MBA Committee constituted by the Director, IIT Bombay.
8. Member of the Board of Studies for Finance Area, IIM, Jammu.
9. Member of the Board of Studies, National Institute of Agricultural Extension Management (MANAGE), Hyderabad.
10. Member of the Academic Council, College of Engineering (COEP), Pune.
11. Member of the Board of Studies for MBA (Fintech), JNTU, Anantapuram, Andhra Pradesh.
12. Member of Board of Studies of Department of Commerce, Ramnarain Ruia Autonomus College, Mumbai.
13. Member of the Editorial Board of Amity Journal of Finance.
14. Member of the Board of Studies (Economics), NMIMS University, Mumbai.
15. Member of the Board of Studies (Interdisciplinary Courses), NMIMS University, Mumbai.

Consultancy Projects

Management Development Programmes (MDPs) Coordinated and/or Taught :

1. In-house programme for Reliance Industries Ltd., March 1998.
2. “Course on Renewable Energy” for participants from the Ministry of Non-Conventional Energy Sources, February 7-11, 2000.
3. “Economics for Capital Market Professionals” organized by the UTI Institute of Capital Markets, February 7-11, 2000, Vashi, Navi Mumbai. 2000.
4. Training Programme on “Capital Markets” for executives from the Stockholding Corporation of India, October 13-18, 2000.
5. “Options, Futures and Trading Strategies”, November 10-11, 2000
6.  Training Programme on “Risk Management” for executives of the Stockholding Corporation of India Ltd., 2000.
7.  Training programme on “Business Strategy” for executives from Raptakos Brett & Co. Ltd., February 3-4, 2001
8. “Training programme for engineers and managers” from Kvaerner Powergas India Pvt. Ltd. from August 03, to October 13, 2002 during the weekends.
9.  Training programme on “Venture Management and its related E-Commerce Applications” for participants from the member countries of the Colombo Plan, from November 12 – 21, 2002.
10. Management Development Programme (MDP) on “Building Customer Centric Organization in Services Industry” from November 28 – 29, 2002.
11. MDP for participants from Hindustan Lever Ltd., Mumbai from May 26 – 31, 2003.
12. MDP on “Basics of Finance” for participants from Tata Power Company Limited from July 28 – 30, 2003.
13. MDP for participants from Hindustan Lever Ltd., Mumbai from September 22 -27, 2003.
14. MDP on “Project Management” for participants from Tecnimont ICB Pvt. Ltd., Mumbai, from October 11 to November 22, 2003 on six Saturdays.
15. MDP on “Supply Chain Management” for SAP India Ltd., Bangalore from December 04 – 06, 2003.
16. MDP on “Project Management” for Reliance Industries Ltd., Patalganga from December 11 – 17, 2003.
17. MDP on “Supply Chain Management” for Intel India Ltd., Bangalore from December 17 – 19, 2003.
18. MDP on “Project Management” for Tecnimont ICB Pvt. Ltd. from January 10, 2004 to February 14, 2004.
19. MDP for participants from Tata Teleservices Ltd. from January 15 – 16 , 2004.
20. MDP for participants from Ashok Leyland Ltd. from September 2004 to April 2006.
21. MDP for participants from Sterlite Industries Ltd. from March 07 – 09, and June 06 – 18, 2005.
22. MDP for participants from Sterlite Industries Ltd. from May 16 – 28, and August 15 – 27, 2005.
23. MDP for participants from Sterlite Industries Ltd. from October 10 – 22, 2005, and January 18 – 30, 2006.
24. MDP for participants from Marico Industries Ltd., November 13 – 20, 2005
25. MDP for participants from Tecnimont ICB Pvt. Ltd., February 04 – March 11, 2006
26. MDP on “Finance for Non Finance Managers” for participants from Reliance Industries Ltd., March 02 – 03, 2006.
27. MDP on “Manufacturing Excellence” for participants from Larsen and Toubro Ltd., Machinery and Industrial Products (MIPD) Division, May 02 – 05, 2006.
28. MDP on “Operations Management” for participants from Larsen and Toubro Ltd., Machinery and Industrial Products (MIPD) Division, June 06 – 09, 2006.
29. MDP on “Manufacturing Excellence” for participants from Larsen and Toubro Ltd., Machinery and Industrial Products (MIPD) Division, August 28 – 31, 2006.
30. MDP for participants from Hindustan Lever Ltd. (HLL) from April 23 – 29, 2007.
31. Taught the “Industrial Organization and Management” module in the Diploma / Certificate Programme in Chemical Engineering for participants from Reliance Industries Ltd., December 2007 – February 2008.
32. Taught the “Financial Literacy” module in the College to Corporate Programme for three batches in 2018.
33. Taught the “Financial Literacy” module for participants (4 batches) from HPCL between July and December 2018 at their training centre in Pune. (July 12-14, October 25-27, November 19-21, and December 13-15, 2018)
34. Three day programme titled “Finance for Tech Leaders” for CIOs. February 07-09, 2020 at IIT Bombay. (Amount Rs.4.5 lakhs + GST)
35. Three day programme titled “Finance for Tech Leaders” for CIOs. March 13-15, 2020 at IIT Bombay. (Amount Rs.4.5 lakhs + GST)
36. Taught the “Financial Literacy” module (online) for participants (2 batches) from HPCL in 2020. (August 07-08, September 18-19, 2020.
37. Taught the “Financial Literacy” module (online) for participants (3rd batch) from HPCL, October 02-03, 2020.
38. Taught the “Financial Literacy” module (online) for participants (4th batch) from HPCL, January 15-16, 2021.

Publications :

Research Monograph

1. Abhijit Phadnis, and S.V.D. Nageswara Rao (2010), “Factors Influencing Investments into Indian States”, Research Monograph, Published by VDM Verlag Dr. Muller (ISBN: 978-3-639-22187-9).

Chapters in Books

1. Reeta Shah, and S.V.D. Nageswara Rao (2009), “Economic Value Added as a Performance Measure – Relative Comparison with MVA & Digitization” in book titled “Digitization and Beyond”, ISBN-978-81-905776-76-3.

2. Mangesh Tayde, and S.V.D. Nageswara Rao (2011) “Do Foreign Institutional Investors (FIIs) Exhibit Herding and Positive Feedback Trading in Indian Stock Markets?”, in “Institutional Investors in Global Capital Markets” published by Emerald Group Publishing Ltd., UK (ISBN: 978-1-78052-242-5).

3. S.V.D. Nageswara Rao, and Ruchi Chojer (2011). “Governance in Mutual Funds: An Analysis”, in “Corporate Governance in Banks”, published by Macmillan Publishers India Ltd. (ISBN: 023-032-428-2).

4. S.V.D. Nageswara Rao, and Sree Vinutha (2012). “Estimation of Dynamic VaR”, in “International Finance for Infrastructure Development” published by Bloomsbury in 2012.

6. Reeta Shah, and S.V.D. Nageswara Rao (2013), “Economic Value Added – An Alternative Performance measure” in book titled “Global Interdependence and Decision Sciences” by Macmillan Publishers, ISBN-0230-32852-5.

7. Arunima Haldar, S.V.D. Nageswara Rao (2014), “An Empirical Examination of Relationship between Financial Performance and Corporate Governance” in First Edited Volume on Corporate Governance titled “Contemporary Approach to Corporate Governance: The Indian Context” Indian Institute of Corporate Affairs, New Delhi.

Refereed Journals

1. Ved Beloskar, Arunima Haldar, and S.V.D. Nageswara Rao (2022), “A Bibliometric Analysis of Socially Responsible Investments: Current Status and Future Research Directions”, Business Strategy and the Environment (Under Review).
2. Ved Beloskar, and S.V.D. Nageswara Rao (2022). “Screening Activity Matters: Evidence from ESG Portfolio Performance from an Emerging Market”, International Journal of Finance and Economics (Submitted).
3. Raizada Gaurav, and S.V.D. Nageswara Rao, (2022) “Market Efficiency in Indian Equity Markets Across Technological Changes”, Economic Research-Ekonomska Istraživanja(Under Review).
4. Avinash Ghalke, and S.V.D. Nageswara Rao (2022), “Motivation for IPO Underpricing: Evidence from Main and SME Exchanges in India”, Journal of Emerging Market Finance(Under Review)

5. Raizada Gaurav, and S.V.D. Nageswara Rao, “Interaction of Onshore and Offshore Rupee Currency Markets”, Journal of Prediction Markets (Accepted).

6. Avinash Ghalke, Satish Kumar, and S.V.D. Nageswara Rao, (2022), “SME Financing through Public Equity: Review of the Indian SME Exchanges”, “Indian Growth and Development Review” February 2022.
7. Ved Beloskar, and S.V.D. Nageswara Rao (2022), “Did ESG Save the day? Evidence from India during the COVID-19 crisis”, Asia-Pacific Financial Markets, April 2022.

8. Ved Beloskar, and S.V.D. Nageswara Rao (2021), “Corporate Social Responsibility: Is too much bad? – Evidence from India”, Asia-Pacific Financial Markets (Accepted)

9. Sree Vinutha Venkataraman, and S.V.D. Nageswara Rao (2021), “Stochastic Dominance Algorithms with Application to Mutual Fund Performance Evaluation”, International Journal of Finance & Economics, January 2021.

10. Sharifi, S., Haldar, A., and S.V.D. Nageswara Rao (2021), “An Empirical Examination of the Relationship between Credit Risk Management, Size, Profitability, and Ownership of Indian Banks”, International Journal of Managerial and Financial Accounting, Vol.13, No.1, pp.80 – 94

11. Raizada, Gaurav, Srivastava, Vartika, and S.V.D. Nageswara Rao (2019), “Shall One Sit “Longer” for a Free Lunch?”, Journal of Quantitative Economics, May 2019, 18(1).

12. Sharifi, S., Haldar, A., and S.V.D. Nageswara Rao (2019), “The Relationship between Credit Risk Management and Non-Performing Assets of Scheduled Commercial Banks in India”, Managerial Finance, 45(3), 399-412

13. Raizada, Gaurav, and S.V.D. Nageswara Rao (2019), “Market Risk and Trading Durations”, The Empirical Economics Letters (2019), 18(4)

14. Avinash Ghalke, Chhatradhari Chakravorty, and S.V.D. Nageswara Rao, (2018), “Earnings Management in IPO Bound Firms: Evidence from Indian SME Exchanges”, “Asian Economic and Financial Review” 2018.

15. Haldar, A., Shah, R., Nageswara Rao, S.V.D., Stokes P., Demirbas D., Dardour A. (2018), “Corporate Performance: Does Board Independence Matter? – Indian Evidence”, International Journal of Organizational Analysis, 26(1)185-200.

16. Gaurav Raizada, and S.V.D. Nageswara Rao (2017), “Conditional Probabilistic Analysis of Trade Ticks in Currency Derivatives Markets”, The Journal of Trading, Spring 2017.

17. Devesh Jain, and S.V.D. Nageswara Rao (2017), “Management Control of Students: Scale Development and Validation”, Global Business Review, Volume 8, Issue 3, p. 703–718 (published by Sage).

18. Sirus Sharifi, Arunima Haldar, and S.V.D. Nageswara Rao (2016), “Relationship between Operational Risk Management, Size, and Ownership of Indian Banks”, Managerial Finance (published by Emerald International) September 2016.

19. Arunima Haldar, S.V.D. Nageswara Rao, and Kiran Kumar Momaya (2016) “Can Flexibility in Corporate Governance enhance International Competitiveness? Evidence from Knowledge-based Industries in India”, Global Journal of Flexible Systems Management (published by Springer).

20. V. Sree Vinutha, and S.V.D. Nageswara Rao (2016), “Estimation of Dynamic VaR Using JSU and PIV Distributions”, Risk Management a Journal of Risk, Crisis, and Disaster (published by Palgrave Macmillan), Vol. 18.2016, 2/3, p. 111-134.

21. Devesh Jain, and S.V.D. Nageswara Rao (2016), “Management Control of Teachers – Scale Development and Validation”, Foreign Trade Review (published by Sage).

22. Niraj Satnalika, and S.V.D. Nageswara Rao (2015), “Inorganic Growth only Route to Achieve Economies of Scale for Indian E-retailers”, Journal of Internet Banking and Commerce, November 2015.

23. Niraj Satnalika, and S.V.D. Nageswara Rao (2015), “Sustainability of E-retail in India”, Indian Journal of Economics and Business Vol 14, No.3, December 2015.

24. Arunima Haldar, Reeta Shah, and S.V.D. Nageswara Rao (2015), “Gender Diversity in Large Listed Indian Companies”, Corporate Ownership and Control, Vol. 12(3).

25. Arunima Haldar, Reeta Shah, and S.V.D. Nageswara Rao (2015), “EVA as a Measure of Corporate Performance”, Corporate Board, Vol.11 (1).

26. Arunima Haldar, and S.V.D. Nageswara Rao (2015), “An Empirical Examination of the Impact of Corporate Governance Disclosure on Financial Performance” Corporate Ownership and Control, Vol. 12 (3).

27. Reeta Shah, Arunima Haldar, and S.V.D. Nageswara Rao (2014), “Economic Value Added: A Financial Flexibility Tool”, Corporate Ownership and Control, 12(1).

28. V. Sree Vinutha, and S.V.D. Nageswara Rao (2014), “Assessing Response of Growth Funds to Macroeconomic Information and Market Index”, Journal of Quantitative Economics, Vol. 12, No.2, July 2014, pages 76-85.

29. Arunima Haldar, and S.V.D. Nageswara Rao (2014) “Corporate Governance in India”, Corporate Ownership and Control, 2014.

30. Shah R., Haldar A. and S.V.D. Nageswara Rao (2014), “Economic Value Added as a Performance Measure – Relative Comparison with MVA”, The Empirical Economics Letters”, 13(1): (January 2014) ISSN 1681 8997.

31. Shah R., Haldar A. and S.V.D. Nageswara Rao (2014) “Economic Value Added: Relevance and Implications for Indian Corporates”, The Empirical Economic Letters, 13(7): (July 2014) ISSN 1681 8997.

32. Arunima Haldar, and S.V.D. Nageswara Rao (2014), “Corporate Governance in India”, Corporate Ownership and Control, Vol. 12(1).

33. Arunima Haldar, and S.V.D. Nageswara Rao (2013), “Governance Practices of Indian Firms: An Empirical Analysis” The Empirical Economic Letters Vol. 12 (9).

34. Sree. Vinutha V., and S.V.D.Nageswara Rao (2013), “Speed of Reaction of Share Price Indices to Macroeconomic Information”, The Empirical Economics Letters, 2013.

35. Arunima Haldar, and S.V.D. Nageswara Rao (2012), “Portfolio Flows and Governance in Corporate India” IUP Journal of Corporate Governance, Vol. XI (2).

36. S.V.D. Nageswara Rao, and Vishnu S. Ramachandra (2012), “Empirical Testing of Asset Pricing Models in India Stock Markets”, International Journal of Money, Banking, and Finance, Volume 1, January – June 2012, pp 10-25.

37. Arunima Haldar, and S.V.D. Nageswara Rao (2011), “Empirical Study of Ownership Structure and Firm Performance” Indian Journal of Corporate Governance Vol. 4 (2).

38. S.V.D. Nageswara Rao, and Mangesh Tayde (2010), “Do Foreign Portfolio Investment Flows Destabilize the Stock Market? Evidence from India”, The Journal of Venture Capital and Financial Services, Volume 4, No. 1, January – June 2010, pp 27-38.

39. Vishnu S. Ramachandra, and S.V.D. Nageswara Rao (2010), “Capital Structure, Industry Pricing, and Firm Performance”, International Journal of Business Insights and Transformation, Volume 3, No. 2, April – September 2010, pp 5-12.

40. S.V.D. Nageswara Rao, and Vishnu S. Ramachandra (2009), “Stock Returns and Macro Variables: The Indian Evidence”, International Journal of Business Insights and Transformation, Volume 3, No. 1, October 2009 – March 2010, pp 29-38.

41. S.V.D. Nageswara Rao, Leena Shrivastava, and Vishnu S. Ramachandra (2008), “Single and Multi-Criteria Ranking of Mutual Fund Schemes”, Indian Journal of Capital Market, September, 2008.

42. S.V.D. Nageswara Rao, and Vishnu S. Ramachandra (2007), “Response of Stock Prices and Volumes to Bond Rating Changes”, Indian Journal of Capital Market, April – June, 2007.

43. S.V.D. Nageswara Rao (1997), “Response of Stock Prices to Macroeconomic Events”, Finance India, Vol. XI, No. 4, Dec. 1997.

44. S.V.D. Nageswara Rao (1997), “Impact of Macroeconomic Events on Stock Price Behaviour”, Management and Accounting Research, Jul-Sep. 1997.

     

Refereed Conference Proceedings

1. Ved Beloskar, and S.V.D. Nageswara Rao (2022), “Smart Beta meets ESG investing:
   Evidence from an emerging market”, proceedings of the International Conference on
   Sustainable Goals organized by IIM Bodhgaya, September 16-17, 2022.
2. Ved Beloskar, and S.V.D. Nageswara Rao (2021), “Did ESG save the day? Evidence from India during the Covid 19 Crisis”, proceedings of the Annual Capital Markets Conference, organized by National Institute of Securities Markets (NISM), July 22-23, 2021.
3. Avinash Ghalke, Chhatradhari Chakravorty, and S.V.D. Nageswara Rao, (2018), “Have SME exchanges in India delivered on their promises?”, proceedings of the 3rd International Conference on Financial Markets and Corporate Finance (ICFMCF 2018), July 12-14, 2018, IIT Kanpur.
4. Raizada, Gaurav, Srivastava, Vartika, and S.V.D. Nageswara Rao (2018), “Interaction of Onshore and Offshore Rupee Markets – Cross Country Analysis of Similar Assets”, Proceedings of the Cross Country Perspectives in Finance – Journal of International Financial Markets, Institutions and Money, Guangzhou China (2018).
5. Raizada, Gaurav, Kaushal, Deepak, and S.V.D. Nageswara Rao (2018), “Impact of Technological Changes on Market Efficiency in Indian Equity Markets”, Proceedings of the 3rd International Conference on Financial Markets and Corporate Finance (ICFMCF), IIT Kanpur (2018).
6. Sirus Sharifi, Arunima Haldar, and S.V.D. Nageswara Rao (2017), “Relationship between Growth of Non- Performing Assets and Credit Risk Management Practices in Indian Banks”, proceedings of the 19th International Conference on Finance, Banking and Insurance, New York, USA, June 2017.
7. Sirus Sharifi, Arunima Haldar, and S.V.D. Nageswara Rao (2016), “Credit Risk Management Practices in Indian Banks” proceedings of the International Conference for Business and Economics, University of London, November 2016.
8. Sirus Sharifi, Arunima Haldar, and S.V.D. Nageswara Rao (2016), “Process Improvement Through Credit Risk Management: Evidence from Indian Commercial Banks”, proceedings of the POMS India Chapter Conference, July 29-30, 2016.
9. Gaurav Raizada, and S.V.D. Nageswara Rao (2015), “Trading Durations and Realized Volatilities – A Case from Currency Markets”, 2015 proceedings of the 46th Annual Meeting of the Decision Sciences Institute, Seattle, WA, USA, November 21 – 24, 2015.
10. Haldar A., Shah R. and Nageswara Rao, S.V.D. (2015), “Gender Diversity: Evidence from Indian Corporates” proceedings of the International Journal of Arts and Sciences’ (IJAS) International Conference for Business and Economics, Harvard, Boston, May 2015.
11. Shah R., Haldar A., and Nageswara Rao, S.V.D. (2015), “Is Economic Value Added a Better Corporate Performance Measure? Evidence from India” proceedings of the International Journal of Arts and Sciences’ (IJAS) International Conference for Business and Economics, Harvard, Boston, May 2015.
12. Shah R., Haldar A., and S.V.D. Nageswara Rao (2014), “Economic Value Added: A Financial Flexibility Tool”, proceedings of the Fore International Finance Conference, November 2014.
13. Haldar A., Shah R., and S.V.D. Nageswara Rao (2014), “Gender Diversity In Large Listed Indian Companies” proceedings of the Fore International Finance Conference, November 2014.
14. Haldar A., S.V.D. Nageswara Rao, and Momaya K. (2014), “Corporate Governance and International Competitiveness: Findings from Select Industries in India,” proceedings of the Fourteenth Global Conference on Flexible Systems Management, GLOGIFT 14 & the 7th ICCB Symposium, Singapore, October 2014.
15. Sharifi S., Haldar A., and S.V.D. Nageswara Rao (2014), “Analysis of Operational Risk Management Practices in Indian Banks”, proceedings of the 14th Finance, Risk and Accounting Conference – University of Oxford, September 2014.
16. Haldar A., Shah R., and S.V.D. Nageswara Rao (2014), “Corporate Governance, Board Diversity and Firm Value: The Indian Experience,” proceedings of Corporate Governance Conference at IIM Trichy, June 2014.
17. Haldar A., Shah R., and S.V.D. Nageswara Rao (2014), “Board Room Diversity and Firm Value: Evidence from India”, proceedings of Annual Conference on Government, Corporate Governance and Growth of Capital Markets, Indian Institute of Capital Markets, Mumbai. Received Outstanding Paper Award at the conference in April 2014.
18. Haldar A., Shah R., and S.V.D. Nageswara Rao (2013), “Does Board Independence Matters? Evidence from India”, proceedings of XII Capital Markets Conference, Indian Institute of Capital Markets, Mumbai, December 2013. 
19. Haldar A. and S.V.D. Nageswara Rao (2013), “Corporate Governance Index for Indian Listed Companies”, proceedings of XII Capital Markets Conference, Indian Institute of Capital Markets, Mumbai, December 2013. 
20. Haldar A, and S.V.D. Nageswara Rao (2013), “Corporate Governance in India”, proceedings of Annual Conference on Governance and Capital Markets, Indian Institute of Capital Markets, Mumbai, September 2013. Received Outstanding Paper Award at the conference.
21. Haldar A., and S.V.D. Nageswara Rao (2013), “An Empirical Analysis of Governance Practices of Indian Firms”, proceedings of 3rd IIMA International Conference on Advanced Data Analysis, Business Analytics, and Intelligence, IIM Ahmedabad, India, April 2013.
22. Haldar A., and S.V.D. Nageswara Rao, “Corporate Governance Practices in India”, proceedings of 3rd International Conference on Corporate Governance, SRCC, India, March 2012.
23. Haldar A., and S.V.D. Nageswara Rao, “Evolving a Governance Culture in India”, proceedings of International Conference on Decision Sciences in Managing Global Services, MDI, India, December 2010.
24. Haldar A., S.V.D. Nageswara Rao, and Tayde M., “Ownership Structure and Firm Performance: Evidence from India”, proceedings of 2nd Annual General Business Conference, SHSU, Texas, US, April 2010. Received an honorable mention and was selected for journal publication.
25. Haldar A., and S.V.D. Nageswara Rao, “Corporate Governance and Foreign Portfolio Investment: An Empirical Study of Indian Corporate Firms”, proceedings of 3rd International Conference on Global Interdependence and Decision Sciences, December 28-30, 2009, Hyderabad, India. Macmillan Publishers India, ISBN 978-0-230-32852-5.-2009, p.136142.
26. Haldar A., S.V.D. Nageswara Rao, and Tayde M., “Corporate Governance and Foreign Institutional Investment”, proceedings of International Conference on Corporate Governance for Convergence Norms, IITKGP and NFCG, India, September 2009.
27. Reeta Shah, and S.V.D. Nageswara Rao, “Economic Value Added – An Alternative Performance Measure”, proceedings of 3rd International Conference on Global Interdependence & Decision Sciences organized during December 28-30, 2009 by Administrative Staff College of India, Hyderabad.
28. Sree. Vinutha V., and S.V.D.Nageswara Rao, “Mutual Fund Performance Analysis: First, Second, and Third Order Stochastic Dominance Approach,” proceedings of the International Finance and Banking Conference 2013, organized by the International Finance and Banking Society in collaboration with the University of Leicester, University of Cambridge and University of Warwick, 2013.
29. Sree. Vinutha V., and S.V.D.Nageswara Rao, “Benchmark index based on speed of adjustment to macroeconomic information and efficiency,” proceedings of the International Simulation Conference of India 2012, organized by Industrial Engineering and Operations Research (IEOR), Indian Institute of Technology Bombay, Production Modeling India (PMI) and Operational Research Society of India (ORSI), Mumbai Chapter, 2012.
30. Sree. Vinutha V., and S.V.D.Nageswara Rao, “Estimation of Dynamic VaR,” proceedings of the Diamond Jubilee International Conference on Frontiers of Infrastructure Finance 2011, organized by Vinod Gupta School of Management and Ranbir and Chitra Gupta School of Infrastructure Design and Management, Indian Institute of Technology, Kharagpur, 2011.
31. S.V.D. Nageswara Rao, and Ruchi Chojer, “Governance in Mutual Funds: An Analysis”, proceedings of the International Conference on Corporate Governance in Banking Sector, organized by IPE, Hyderabad, September 8-9, 2011..
32. S.V.D. Nageswara Rao, and Abhijit Phadnis, “Criteria for Locating Manufacturing or Service Facility: Evidence from India”, proceedings of the 12th TCI Annual Global Conference, Jyvaskyla, Finland, October 12-16, 2009.
33. Vishnu S. Ramachandra, and S.V.D. Nageswara Rao, “Capital Structure, Industry Pricing, and Firm Performance”, proceedings of the 22nd Australasian Finance & Banking Conference, organized by the School of Banking and Finance, Australian School of Business, UNSW, Sydney, December 16-18, 2009.
34. Ruchi Chojer, and S.V.D. Nageswara Rao. “Governance of Collective Investment Vehicles – Issues and Practices”, proceedings of the International Conference on Convergence of Corporate Governance Norms, organized by IIT Kharagpur and National Foundation for Corporate Governance, September 05 – 06, 2009.
35. S.V.D. Nageswara Rao, and Mangesh K. Tayde. “The Impact of Foreign Portfolio Investments on Stock Market Returns: Evidence from India” proceedings of the International Conference organized by Association for Global Business, California, USA, November 20 – 23, 2008.
36. S.V.D. Nageswara Rao, and Sanjay Kumar Thakur, “Optimal Hedge Ratio and Hedge Effectiveness: An Empirical Investigation of Hedging in Indian Futures Market” proceedings of the “2008 NTU International Conference of Economics, Finance, and Accounting” organized by National Taiwan University (NTU), Taipei, Taiwan, May 20 – 22, 2008.
37. S.V.D. Nageswara Rao, and Sangeeta Makhija, “An Examination of Initial and Aftermarket Price Performance of Initial Public Offerings of Equity Shares in India” proceedings of the “International Conference on Business and Finance 2008”, organized by Bentley College, Boston, USA, and ICFAI Business School, at Hyderabad, January 11 – 12, 2008.
38. S.V.D. Nageswara Rao, and Mangesh K .Tayde, “The Impact of Foreign Portfolio Investment Flows on Stock Market Volatility in India”, proceedings of the “International Conference on Globalization and Emerging Economies” organized by the Indian Institute of Management (IIM), Indore, August 11 – 13, 2008.
39. S.V.D. Nageswara Rao, and Leena Srivastava, “The Value of Mutual Fund Ranks: Evidence from India” proceedings of the “12th Asia Pacific Management Conference”, organized by School of Management (SOM), Asian Institute of Technology (AIT), Bangkok, Thailand, November 17 – 19, 2006.
40. Vishnu S. Ramachandran, and S.V.D. Nageswara Rao, “Modeling Debt Contract Terms” proceedings of the “12th Asia Pacific Management Conference”, organized by School of Management (SOM), Asian Institute of Technology (AIT), Bangkok, Thailand, November 17 – 19, 2006.
41. Vishnu S. Ramachandran, and S.V.D. Nageswara Rao, “New Security Issue Choice” proceedings of the “Second International Conference on Business, Management, and Economics”, Izmir, Turkey, June 15 – 18, 2006.
42. Vishnu S. Ramachandran, and S.V.D. Nageswara Rao, “Determinants of Aggregate Debt Structure”, proceedings of the “Conference on Research in Finance and Accounting” organized by IIM, Lucknow on March 17 & 18, 2005.
43. S.V.D. Nageswara Rao, and Vishnu S. Ramachandran, “Response of Stock Prices and Volumes to Bond Rating Changes: The Indian Evidence”, proceedings of the “International Conference on Business and Finance” organized by ICFAI University, and Philadelphia University at Hyderabad, December 27 – 28, 2004.
44. S.V.D. Nageswara Rao, Leena Srivastava, and Vishnu S. Ramachandran, “Single and Multi Criteria Ranking of Mutual Fund Schemes”, proceedings of the “Capital Markets Conference 2004” organized by Indian Institute of Capital Markets (Formerly UTI Institute of Capital Markets), Vashi, Navi Mumbai, December 20 – 21, 2004.
45. S.V.D. Nageswara Rao, Vishnu S. Ramachandran, “Empirical Testing of Asset Pricing Models in Indian Stock Markets”, proceedings of the “Conference on Finance and Economics” organized by ICFAI Business School, Bangalore, November 26 – 27, 2004. 
46. S.V.D. Nageswara Rao, Vishnu S. Ramachandran, “Stock Returns and Macro Variables: The Indian Evidence”, proceedings of the “Conference on Finance and Economics” organized by ICFAI Business School, Bangalore, November 26 – 27, 2004.
47. S.V.D. Nageswara Rao, “Response of Stock Prices to Policy Announcements: Indian Experience”, proceedings of the “Capital Markets Conference 1997” organized by the Indian Institute of Capital Markets (Formerly UTI Institute of Capital Markets), Vashi, Navi Mumbai, December 26-27, 1997.

Ph.D. Thesis Supervision

Post Graduate Dissertation Supervision

Industry Experience

Senior Manager, ICRA Ltd., New Delhi during 1996-97. Carried out a study of Indian mutual fund industry and developed a methodology for ranking mutual fund schemes. Advised a team of analysts on the valuation of equity shares of 12 public sector undertakings (PSUs) referred to ICRA Ltd. by the Disinvestment Commission, Government of India.

Teaching Experience

• 1988-91: Teaching Assistant in the Department of Mechanical Engineering, Regional Engineering College, Warangal (RECW). Faculty advisor to student activity clubs.
• 1995: Taught in the Management Development Programme (MDP) for officers of the Indian Economic Service (IES) from the Planning Commission and various Ministries of the Government of India organized at IIMA.
• 1993-97: Taught in the courses “Economic Environment and Policy” and “International Trade and Finance” offered to students of the Post Graduate Programme (PGP) at IIM, Ahmedabad.
• 1995: Taught a course “Economic Analysis” offered to students of the Post Graduate Programme (PGP) at a business school in Bombay.
• 1996: Taught a course “International Finance” offered to second year Post Graduate Programme (PGP) students at T.A. Pai Management Institute, Manipal.
• 1996-97: Taught a course “Macroeconomics” offered to first year students of Masters
  Programme in Business Finance at a management institute in Delhi as a visiting faculty member.
• 1997-98: Taught a course titled “Economic Environment and Policy” to students of the first year
  Post Graduate Programme in Management at IIM, Ahmedabad as visiting faculty.

Other Relevant Information

1. Secretary, School Policy Committee from 2014 – 16
2. Secretary (and Member), Post Graduate Committee of the School from 1998-2001, 2011 –2013, and 2021.
3. Faculty Advisor for MBA batch of 2012 – 2014.
4. Coordinator, Ph.D. Programme of the School from 1998-2001.
5. IT Coordinator, and Placement Coordinator from 2006 – 2008.
6. Admissions Coordinator from 2010 – 2012.
7. Coordinator of Management Development Programmes (MDPs) from 2002 – 2005.
8. Visiting Faculty at IIM, Ahmedabad, IIM Indore, IIM, Calicut, NITIE, Mumbai, UTI Institute of Capital Markets, Vashi, Navi Mumbai, MANAGE, Hyderabad, T.A. Pai Management Institute, Manipal, S.P. Jain Institute of Management and Research, Mumbai, NIT, Warangal, and some of the management schools in Mumbai, and Delhi.
9. Reviewed papers submitted to “Eighth Capital Markets Conference (December 20 – 21, 2004)”, organized by the Indian Institute of Capital Markets (formerly UTI Institute of Capital Markets), Vashi, Navi Mumbai.
10. Member of a panel of experts for the “Technical Session I: Debt Market” at the “Eight Capital Markets Conference (December 20 – 21, 2004)”, organized by the Indian Institute of Capital Markets (formerly UTI Institute of Capital Markets), Vashi, Navi Mumbai.
11. Reviewed papers submitted to “Ninth Capital Markets Conference (December 19 – 20, 2005)”, organized by the Indian Institute of Capital Markets (formerly UTI Institute of Capital Markets), Vashi, Navi Mumbai.
12. Member of a panel of experts for the “Technical Session IV: Quantitative Techniques in Finance” at the “Ninth Capital Markets Conference (December 19 – 20, 2005)”, organized by the Indian Institute of Capital Markets (formerly UTI Institute of Capital Markets), Vashi, Navi Mumbai.
13. Nominated by the Board of Governors of National Institute of Technology (NIT), Warangal as the Expert for selection of faculty.
14. Nominated by the Board of Governors of National Institute of Technology (NIT), Goa as the Expert for selection of faculty.
15. Nominated by the Board of Governors of National Institute of Technology (NIT), Goa as member of the Senate of the institute.
16. 16. Reviewed papers submitted to “Tenth Capital Markets Conference (December 18 – 19, 2006)”, organized by the Indian Institute of Capital Markets (formerly UTI Institute of Capital Markets), Vashi, Navi Mumbai.
17. Member of a panel of experts for the “Technical Session on Equity Markets” at the “Tenth Capital Markets Conference (December 18 – 19, 2006)”, organized by the Indian Institute of Capital Markets (formerly UTI Institute of Capital Markets), Vashi, Navi Mumbai.
18. Invited to speak at the Moody’s – Morgan Stanley – ICRA Conference on “Securitized Products – A Global Perspective” on October 16, 2006.
19. Invited to speak at the Conference on “Securitization Market in India: The Road Ahead” organized by Fitch Ratings, and ISGN (KK Birla Group) on December 14, 2006.
20. Chaired the session on “Asset Pricing and Management” at the “12 th Money and Finance Conference (March 11 – 12, 2010)” organized by the Indira Gandhi Institute of Development Research (IGIDR), Mumbai.
21. Chaired the session on “Empirical Finance” at the “13 th Money and Finance Conference (February 25 – 26, 2011)” organized by the Indira Gandhi Institute of Development Research (IGIDR), Mumbai.
22. Nominated by the Board of Governors of National Institute of Technology (NIT), Surat as the Expert for selection of faculty.
23. Invited by Mr. Parag Salgaonkar, Regional Managing Director, Deloitte U.S. India Consulting to speak on “Global Economic Outlook Post Financial Meltdown” on February 20, 2009.
24. Invited by AICTE to be a member of the panel of experts in management.
25. Invited by Mr. Jasmeet Gill, Managing Director and Principal, Deloitte Consulting Overseas Services LLC to speak on “Value Creation in Financial Services through Innovation in Business and Technology” on January 12, 2013.
26. Presented on the topic “Overview of Public Policy Incentives for Green Investments in India” at the Workshop on Green Finance Opportunities and Challenges, April 25 – 26, 2013, organized by Interdisciplinary Programme on Climate Studies, IIT Bombay.
27. Taught in the Management Capacity Enhancement Program (MCEP) for Deans, Registrars, Heads of Department, Professors of Higher Education Institutes supported by Ministry of HRD, Government of India during July 16 – 22, 2015 at IIM, Indore.
28. Examined the thesis titled “Impact of Listing and Group Affiliation on Firm Performance: Evidence from Indian Non-Financial Firms” submitted by Kanaiyalal Shantilal Parmar to ICFAI University, Hyderabad, November 26, 2015.
29. Chaired the session on “Corporate Social Responsibility” at the Third PAN-IIM World Management Conference, December 16 – 18, 2015.
30. Examined the Ph.D. thesis submitted by Mr. Sudipta Das titled “Capital Asset Pricing Model: An Investigation of Alternative Models” to Vinod Gupta School of Management, IIT, Kharagpur, April 21, 2016.
31. Examined the thesis titled “Indian Stock Market Behaviour in Relation to Macroeconomic
    Events” submitted by Vivek Panwar to IIM, Indore, July 16, 2016.

Conferences and Seminars Attended

1. Banking and Finance Conference “New Vistas in the Financial Sector” organized by Indian Merchants Chamber on April 17, 2008.
2. Seminar on “CSR in Contemporary World: Relevant Issues & Dimensions”, organized by Indian Merchants Chamber, April 15, 2008.
3. Seminar on “Emerging Challenges to the Indian Financial System” jointly organized by the Indian Banks’ Association (IBA) and the Indian Merchants Chambers (IMC) in Mumbai on Friday, April 27, 2007.
4. Seminar on “Financial Sector: Pre-conditions for Marketisation”, organized by Indian Merchants’ Chamber, and Times Guaranty on February 03, 1998.
5. Seminar on “East Asian Currency Crisis: Its Impact on India’s Trade”, organized by Indian Merchants’ Chamber on March 12, 1998.
6. Seminar on “Banking on the Net” organized by the Confederation of Indian Industry (CII) on March 15, 2000.
7. “National Workshop on Restructuring and Financing of Power Sector” organized at IIT, Kanpur from Decemebr 26-30, 2001.
8. “European Case Clearing House (ECCH) Case Teaching Workshop” organized at the Indian Institute of Management (IIM), Koizhikode on October 19 & 20, 2004.
9. Moody’s & ICRA 2016 Outlook Conference on “Financing India’s Growth” on January 13, 2017.
10. Attended the 2-day “Familiarization Program for Independent Directors” during June 24-25, 2021 organized by Indian Institute of Corporate Affair, New Delhi.