About Us

Name : Dr. Kavita Wadhwa

Function : Assistant Professor

Email : kavitawadhwa@iift.edu

Qualification

  • Ph.D. (Finance), IBS Hyderabad (IFHE University), Jan, 2014
  • Visiting Scholar (Finance), Martin J. Whitman School of Management, Syracuse University (USA), 2011-2012
  • Ph.D. (Accounting), Maharshi Dayanand University, Rohtak, June, 2011
  • M.Phil. (Finance and Accounting); Kurukshetra University, Kurukshetra, 2004-2005  
  • M.Com. (Finance and Accounting), Department of Commerce, Maharshi Dayanand University, Rohtak, 2002-2004
  • B.Com, GCW, Rohtak, Maharshi Dayanand University, Rohtak, 1999-2002

Areas of Interest / Specialization

Courses Taught:

  • Financial Accounting
  • Management Accounting
  • Financial Statement Analysis
  • Financial Management
  • Portfolio Management and Mutual Funds
  • Financial Modeling using MS-Excel
  • Doctoral Seminar in Corporate Finance
  • Doctotal Seminar in Corporate Governance
  • Doctoral Seminar in Market Microstructure

Research:

  • Capital Market issues with special focus on IPOs and SEOs
  • Mergers and Acquisitions
  • Market Microstructure 
  • Emerging Market Corporate Governance Issues

Work Experience

Assistant Professor, Department of Finance, Indian Institute of Foreign Trade (IIFT)                           May, 2018 – till date

Associate Professor, Department of Finance, IBS Hyderabad, IFHE University                                         October, 2016 – April, 2018 

Assistant Professor, Department of Finance, IBS Hyderabad, IFHE University                                January, 2014 – September, 2016

Faculty Member, Department of Finance, IBS Hyderabad, IFHE University                                     May 2010 - December 2013

Assistant Professor (Finance and Accounting), IHTM, Maharshi Dayanad University, Rohtak     2006 - 2008

Lecturer (Finance and Accounting)Maharaja Aggrasen College for Women, Jhajjar                   2004 - 2005

Publications

  1. "Speed of Information Dissemination by Foreign Institutional Investors: Further Evidence" with Sudhakara Reddy Syamala, Research in International Business and Finance, Vol. 49, pp. 301-314, 2019. (ABDC-B)
  2. "Do Group-Affiliated Firms time their Equity Offerings" with Suman Neupane and Sudhakara Reddy Syamala, Pacific-Basin Finance Journal, Vol. 54, 2019. (ABDC-A)
  3. "Role of Market Timing and Market Conditions: Evidence from Seasoned Equity Offerings", with Sudhakara Reddy, North-American Journal of Economics and Finance, Vo. 48, 2019. (ABDC-B)
  4. ”Reallocation of IPO shares: Emerging Market Evidence”, with Sudhakara Reddy, International Journal of Managerial Finance, Vol. 12 (2), 2018(ABDC-B)
  5. “Market Timing and Pseudo Market Timing: An empirical examination of IPOs in India”, with Sudhakara Reddy, Managerial Finance, Vo. 44 (2), 2018. (ABDC-B)
  6. “Commonality in liquidity: Determinants, market returns, and financial crisis”, with Sudhakara Reddy and Abhinav Goyal, The North American Journal of Economics and Finance, Nov. 2017. (ABDC-B)
  7. “IPOs, SEOs, real investments and market timing: Emerging market evidence”, with V. Nagi Reddy, Abhinav Goyal and Abdulkadir Mohamed, Journal of International Financial Markets, Institutions and Money, Vol. 45, Nov. 2016. (ABDC-A)
  8. “Block-ownership, bank nominee director and crash-risk”, with Yogesh Chauhan, Sudhakara Reddy and Abhinav Goyal, Finance Research Letters: 14, pp. 20-28, August 2015. (ABDC-B)
  9. "Board Busyness and Crash Risk: Evidence from Indian Stock Market”, with Sudhakara Reddy and Yogesh Chauhan, International Journal of Corporate Governance: Vol6 (1), pp. 1-24, 2015. (ABDC-B)
  10. “An Empirical Examination of Efficiency Theory of Mergers in Emerging Market India”, with Sudhakara Reddy, Theoretical Economic Letters: 5, pp. 757-774, 2015. (ABDC-B)
  11.  “Institutional Investors and Stock Liquidity”, with Sudhakara Reddy and Yogesh Chauhan, Global Business Review: Vol 15 (3), pp. 461-476, 2014. (ABDC-C)
  12. "Underpricing, Long-run Performance and Secondary-market Liquidity: An Empirical Examination of Indian IPO Market”, with Sudhakara Reddy Syamala and V. Nagi Reddy, Afro-Asian Journal of Finance and Accounting: Vol 4 (1), pp.75-93, 2014. (ABDC-C)
  13. “International Stock Market Integration: A Study of the US and the BRIC Markets”, with Sudhakar Reddy S, International Research Journal of Economics and Business Studies: 1(3), pp. 56-67, Jan 2012.
  14. “Foreign Direct Investment into Developing Asian Countries: The role of Market Seeking, Resource Seeking and Efficiency Seeking Factors”, with Sudhakar Reddy S, International Journal of Business and Management: 6, pp. 219-226, Nov 2011.  (ABDC-C)
  15. “Disclosures of CSR Practices: A Literature Review”, with Anita Pansari, IUP Journal of Corporate Governance: 10, pp. 45-55, Jan 2011.
  16. “Copyright Protection – Legal Issues”, with Ravinder Vinayek, Amity Management Analyst: 2 (2), pp 45-55, July-Dec 2007. (UGC Approved)
  17. “Acquisition of Cairn India by Vedanta: Biggest Deal Indian Oil Sector”, with Satish D., ECCH, Case Reference No. 112-002-1, 2012. (Listed in ECCH)
  18. “Costing in Pepe Denim”, with Satish D., ECCH, Case Reference No. 111-071-1, 2011. (Listed in ECCH)

Conference Presentations:

  • India Finance Conference, December 20-22, 2018 (Held at IIM Calcutta), Paper Presnted: "Do group-affiliated firms time their equity offerings?"
  • India Finance Conference, December 20-21, 2017 (Held at IIM Bangalore), Paper Presnted: "Do group affiliated firms time their equity offerings?"
  • India Finance Conference, December 18-19, 2015 (Held at IIM Caclutta), Paper Presented: “IPOs, SEOs, real investments, and market timing: Emerging market evidence”
  • TAPMI-CSU Ist International Conference, April 14-15, 2015, Paper Presented: “IPOs, SEOs, real investments, and market timing: Emerging market evidence”
  • 10th International Conference in Business and Finance, IBS Hyderabad, IFHE University, Paper Presented: “Behavioral and Rational Explanations of Equity Issuance: An Empirical Examination of Public Equity Issuance in India”, January, 2014
  •  XIth Capital Market Conference, Indian Institute of Capital Markets, Mumbai, 21-22 December, 2012, Paper Presented: “Market Timing and Pseudo Market Timing by Firms: An Empirical Examination of Public Equity Issuance in India”
  • 12th International Business Research Conference, University of North Florida, Jacksonville, Feb 9-10, 2012, Paper Presented: “An Empirical Examination of Efficiency Theory of Mergers in India”
  • Syracuse University Brown Bag Seminar Series, Feb 22, 2012, Paper Presented: “An Empirical Examination of Efficiency Theory of Mergers in India”
  • 13th INBUSH 2011 – Biggest International Business Summit and Research Conference of Asia, Amity International Business School, Noida, India, February 23 – 25, 2011, Paper Presented: “Foreign Direct Investment into Developing Asian Countries: The role of Market Seeking, Resource Seeking and Efficiency Seeking Factors”.
  • International Conference on Quantitative Methods in Money, Banking, Finance and Insurance (ICQMBFI), Jointly organized by IBS Hyderabad and IGIDR , Mumbai, March 19-20, 2010, Paper presented: “Impact of Market Power on Capital Structure: A study of Indian IT industry”.

Ph.D. Guidance:

Acted as Supervisor for the following Ph.D. candidates:

  • Mr. Naseem Ahemad - Topic of Dissertation, "Firm Performance and Top Executive Turnover: An Empirical Analysis of NSE listed companies in India", (Ph.D. awarded, IBS Hyderabad)
  • Mr. Rajneesh Rangan Jha - Topic of Dissertation, “The impact of ownership structure and business group affiliation on corporate cash holdings: Evidence from India”, (Ph.D. awarded, IBS Hyderabad)

Professional / Academic Affiliations

Awards and Achievements:

  • Best Paper Award (Ist Prize) in XIth Capital Market Conference, Indian Institute of Capital Markets, Mumbai for research paper titled, “Market Timing and Pseudo Market Timing by Firms: An Empirical Examination of Public Equity Issuance in India”. (December, 2012).
  • Topper in Ph.D. Course Work.
  • University Topper in M.Com
  • University Rank Holder in B.Com

Workshops Conducted:

  • Workshop on Analytics at IBS Hyderabad for faculty members, April, 25-28, 2015
  •  Workshop on SAS at IBS Hyderabad for faculty members, October 3-4, 2013
  •  Workshop on Applied Econometrics jointly organized by Department of Management and Commerce, Osmania University and ICSSR, April 21-25, 2013.
  •  Workshop on Financial Modelling using Ms-Excel at LM Thapar School of Management, Thapar University, October, 7-8, 2017.