Ph.D. (University of Burdwan), Associate Professor - Finance and Accounting

Contact: +91-33-6652 9668

Email: c.chatterjee@imi-k.edu.in

Area of Interest
  • Corporate Finance and Corporate Payout Policy
  • Corporate Governance
  • Earnings Management
  • Corporate Restructuring

Chanchal Chatterjee

Ph.D. (University of Burdwan), Associate Professor - Finance and Accounting

Chairperson – Student Relations

Dr. Chatterjee has BCom (Hons) and MCom degrees from the University of Burdwan and stood first with a first class at both the levels and received two Gold Medals. He also has a PGDBA in financial management from Symbiosis, Pune. He earned his PhD from Burdwan University in Financial Restructuring through Buyback of Shares, for which he obtained the Best Research Award in Finance Track in the 3rd Doctoral Colloquium from IIM Ahmedabad in 2010. Chanchal has also received Sourabh Shiware Memorial Young Researcher Award 2016 (All India) awarded by Indian Commerce Association for outstanding achievement and contribution in the Discipline and Profession of Commerce and Business Management. Chanchal has published several research papers in refereed national and international journals. He has also presented papers in global seminars and conferences in India and abroad. His area of interest includes Corporate Finance, Corporate Governance, Earnings Management and Corporate Payout Policy.

Books

  • Book Title: Financial restructuring through Share Buyback in India, Lambert Academic Publishing, Germany, ISBN No. 978-3-659-00159-8.

Journals and book chapters

  • Exploring the linkage between profits and asset-liability management: Evidence from Indian commercial banks (with P Dutta), Paradigm, (A Sage Journal), (Forthcoming).
  • Price behavior around dividend announcements in the Indian equity market in the existence of corporate dividend tax (with P Dutta),Global Business Review, (A Sage Publication) (Forthcoming).
  • Earnings Management and Financial Distress: Evidence from India (with K Agrawal), Global Business Review, 16(5), 140-154, ( A Sage Publication),
  • Anomalous Price Behaviour around Open Market Stock Repurchase Announcements in India (with P Dutta), Vikalpa: The Journal for Decision Makers, 40(4), 435-443, (Journal of Indian Institute of Management Ahmedabad, A Sage Publication).
  • Price Behaviour around Share Buyback in the Indian Equity Market (with P Mukherjee), Global Business Review, 16(3), 425-438,(A Sage Publication)
  • Dynamics of Trade Potential in “Emerging Asia” in the Post Financial Crisis Era ( with S Roy), Global Business Review, December 2013, Vol 14, No.4, 639-650, Sage Publication.
  • Financial Restructuring through Share Buyback: An Empirical Study of Selected Indian Companies (with D. Raksht), Strategy of Infrastructure Finance, Macmillan Advanced Research Series 2011, Pp. 249-270.
  • Market Response to Share Repurchases on the Bombay Stock Exchange,( with D. Raksht and P. Dutta), Research Bulletin, Vol 41, No. 1, April 2015, pp. 167-206.
  • An Empirical Investigation of Share Repurchases in India (with D. Raksht), South-Asian Academic Research Journal, January 2012, Vol.2, Issue 1, 28-65.
  • Corporate Restructuring through Share Buyback: A Case Study (with D. Raksht), An Application of Computational and Financial Econometrics, 2013, Bloomsbury Publishing, ISBN. 978-93-82951-36-0, pp. 266-278, (Edited book of International Conference on Computational and Financial Econometrics at IIT Kharagpur).
  • Comparative Performance Analysis of Indian Banks using CAMEL (with D. Raksht),, International Finance on Infrastructure Development, Bloomsbury Publishing 2012, pp. 70-89, ISBN. 978-81-924302-1-8, (Edited book of International Conference on Frontiers of Infrastructure Finance at IIT Kharagpur).
  • An Empirical Study on Working Capital Management Practices of Selected Indian Pharmaceuticals Companies (with D. Raksht), The Management Accountant, ICWAI, September 2012, Vol 47, No. 9, 1065-1071.
  • Impact of Working Capital Management on Corporate Performance: A study with Reference to SAIL (with D. Raksht), Indian Journal of Public Enterprise, Institute of Public Enterprise Research, Allahabad, Dec’06, Vol.22 No. 41, 38-46.
  • Capital Account Liberalization in India: An Overview (with J. Sarkhel), Artha Beekshan, Bengal Economic Association, Kolkata, Vol. 17, No.2, 128-137.
  • Financial Reporting Based on Fair Value: An Overview (with D. Raksht), Journal of Accounting World, IUP, January 08, 9-19
  • Accounting for Financial Derivatives: An Overview (with D. Raksht), Journal of Accounting Research, IUP, Vol. VII, No. 1, 24-35.
  • Banking Sector in India in Post Liberalization Era: A Study from 1990-2005 (with D. Raksht), Artha Beekshan,Bengal Economic Association, Kolkata, , Vol. 17, No.2, 2008, 128-137
  • Share Buy Back Regulations in India: A Critical Analysis (with D. Raksht), The Chartered Accountant, ICAI, New Delhi, Nov. 08, Vol. 57 No. 05, 859-865.
  • Future Trend and Challenges in Indian Banking: A Fresh Look, The Chartered Accountant, ICAI, New Delhi, June. 09, Vol. 57 No. 05, 2115-2119.

Selected Conference Papers

  • Linking profits to asset-liability management of Indian commercial banks, 4th India Finance Conference, Indian Institute of Management Bangalore, Dec 17-19, 2014
  • Price Behaviour around Share Buyback in the Indian Equity Market, Borsa Istanbul Finance & Economics Conference (BIFEC)2013, Istanbul, Turkey, Sept 30 – Oct 1st , 2013.
  • Anomalous Price Behaviour around Open Market Stock Repurchase Announcements in India, Indian Accounting and Finance Conference, Indian Institute of Management Lucknow, India, Sept 09-11, 2013.
  • Price Behaviour around Share Buyback in the Indian Equity Market, 15th Annual Conference on Money and Finance, IGIDR, Mumbai, Dec 18-19, 2013.
  • Corporate Restructuring through Share buyback: A Case Study, International Conference on Computational and Financial Econometrics, Indian Institute of Technology Kharagpur, Dec 27-29, 2012.
  • Comparative Performance Analysis of Indian Banks using CAMEL, International Conference on Frontiers of Infrastructure Finance, Indian Institute of Technology Kharagpur, Dec 28-30, 2011.
  • Financial Restructuring through Share Buyback: An Empirical Study of Selected Indian Companies, International Conference on Infrastructure Finance, Indian Institute of Technology Kharagpur, June 03-05, 2010.
  • Share Buyback as a Tool of Financial Engineering: An Empirical Study of Indian Companies, India Finance Conference, Indian Institute of Management Calcutta, Dec 03-05, 2009.

Current Research:

  • Corporate Governance, Earnings Management, Corporate Finance

Current Research Project:

  • Does Good Corporate Governance Lead to Enhanced Business Value? Funded by National Foundation for Corporate Governance (NFCG), New Delhi (Along with Dr T Nag and Dr N Mishra)

Awards & Recognition

  • Sourabh Shiware Memorial Young Researcher Award 2016 (All India) awarded by Indian Commerce Association for outstanding achievement and contribution in the Discipline and Profession of Commerce and Business Management.
  • The Doctoral Thesis received Best Paper Award under Advanced Research Category in Finance Track from the Indian Institute of Management Ahmedabad (IIM-A) in 3rd Doctoral Colloquium in 2010.
  • University Gold Medal from the University of Burdwan for standing First in First Class in M.Com examination (PG Level).
  • Special Gold Medal from the University of Burdwan for securing Highest Percentageof Marks in M.Com and all M.A examinations of the University.
  • Special Academic Award from the University of Burdwan for securing Highest Percentage of Marksin M.Com and all M.A examinations of the University.
  • Special Award from the University of Burdwan for securing First in First Classposition in B.Com (Hons) Examination (UG Level).
  • National Scholarship from Ministry of Human Resource Development, Govt. of India for securing 1st Ranking the merit list of the University out of all examinations (both Science as well as Arts faculty) of the University at the UG Level.