This page covers the period from 2001
onwards.
Earlier work is available at the other links on the
bottom of this page.
“Finance Teaching and Research after the Global Financial Crisis”, IIMA Working Paper No. 2011-03-02, March 2011 [Abstract] [Full Text - PDF]
“When index dissemination goes wrong: How fast can traders add and multiply?”, IIMA Working Paper No. 2010-08-04, August 2010 [Abstract] [Full Text - PDF]
“Risk Management Lessons from the Global Financial Crisis for Derivative Exchanges”, in Robert W. Kolb (ed.), Lessons from the Financial Crisis: Causes, Consequences and Our Economic Future, Kolb Series in Finance, New Jersey: John Wiley, 2010, 317-323 [Abstract]
“Indian Financial Sector and the Global Financial Crisis”, Vikalpa, July-September 2009, 34(3), 25-34 [Abstract]
“Satyam Fraud: The Regulatory Response ”, in “The Satyam Story: Many Questions and A Few Answers”, Vikalpa, January-March 2009, 34(1), 75-77 [Abstract]
“Risk Management Lessons from the Global Financial Crisis for Derivative Exchanges”, IIMA Working Paper No. 2009-02-06, February 2009 [Abstract] [Full Text - PDF]
Derivatives and Risk Management, New Delhi, Tata McGraw Hill,
2009.
“A First Cut Estimate of the Equity Risk Premium in India”, IIMA Working Paper No. 2006-06-04, June 2006 [Abstract] [Full Text - PDF]
“Corporation and its Shareholders: What Should B-Schools Teach? (Colloqium)”, Vikalpa , 31(2), April-June 2006, 120-121 [Abstract]
“Selected Issues in the Regulation of Firms and Capital Markets”, in Priya Basu (ed), India’s Financial Sector: Recent Reforms, Future Challenges Macmillan, New Delhi, 2005. [Abstract]
“Towards a Unified Market for Trading Gilts in India”, IIMA Working Paper No. 2004-11-05, November 2004 [Abstract] [Full Text - PDF]
“Equity Options in India: An Empirical Examination”, in Susan Thomas (ed), Derivative Markets in India 2003 Tata McGraw Hill, New Delhi, 2003. [Abstract]
“Development Financial Institutions and the Development of Financial Markets”, in S. Morris (ed.), India Infrastructure Report 2004: Ensuring Value for Money, Oxford University Press, New Delhi. [Abstract]
“Putting ‘Private Finance’ back into the Private Finance Initiative”, in S. Morris (ed.), India Infrastructure Report 2003: Public Expenditure Allocation and Accountability, Oxford University Press, New Delhi. [Abstract] [Full Text - PDF]
“Governance, Supervision and Market Discipline: Lessons from Enron”, Journal of the Indian School of Political Economy, October-December 2002, 14(4), 559-632. [Abstract] [Full Text - PDF]
“Comments on ‘Governance, Supervision and Market
Discipline: Lessons from Enron’ and the Author’s
Response”, Journal of the Indian School of Political
Economy, October-December 2002, 14(4), 633-644. [Full Text -
PDF]
This contains comments by Dr. N. Balasubramaniam,
Dr. Ajay Shah and Dr. Ashok Desai on the previous paper as well as the
author's response to these comments.
“The Indian Financial Sector After a Decade of Reforms”, ViewPoint 3, Centre for Civil Society, New Delhi, April 2002. [Abstract] [Full Text - PDF]
“Mispricing of Volatility in the Indian Index Options Market”, IIMA Working Paper No. 2002-04-01, April 2002. [Abstract] [Full Text - PDF]
“Private Finance to Private Entrepreneurship”, in S. Morris (ed.), India Infrastructure Report 2002: Governance Issues for Commercialization, Oxford University Press, New Delhi. [Abstract] [Full Text - PDF]
“Regulatory Implications of Monopolies in the Securities Industry”, IIMA Working Paper, 2001-09-05, September 2001. [Abstract] [Full Text - PDF]
“Regulatory Dilemmas in Infrastructure Financing”, in S. Morris (ed.), India Infrastructure Report 2001: Issues in Regulation and Market Structure, Oxford University Press, New Delhi. [Abstract] [Full Text - PDF]
Strategic Corporate Finance: Managing Under Economic
Crises, New Delhi, Vision Books, 2001 (with V.
Raghunathan).
“Go regional, then global”, Financial Express, February 22, 2011, [Related blog entry]
“ Complete that demat process”, Financial Express, January 19, 2011, [Related blog entry]
“Jalan wants to kill the exchanges”, Financial Express, November 30, 2010, [Related blog entry]
“Learning from Buffet”, Financial Express, November 24, 2010, [Related blog entry]
“Autopsy gone wrong”, Financial Express, October 15, 2010, [Related blog entry]
“Not a ‘fit and proper’ debate”, Financial Express, September 24, 2010, [Related blog entry]
“Don’t bank on size, don’t fear failure”, Financial Express, August 13, 2010, [Related blog entry]
“Dealing with regulatory fisticuffs”, Financial Express, July 21, 2010, [Related blog entry]
“Why we need better market surveillance”, Financial Express, June 16, 2010, [Related blog entry]
“Does Wall Street serve any purpose?”, Financial Express, May 5, 2010, [Related blog entry]
“Let courts sort out Sebi Irda dispute”, Financial Express, April 17, 2010 [Related blog entry]
“Fill the gaps with apex regulator”, Financial Express, March 19, 2010 [Related blog entry]
“These tax changes don’t need a code”, Financial Express, February 19, 2010 [Related blog entry]
“Listen to Volcker on regulation”, Financial Express, January 26, 2010 [Related blog entry]
“In finance, we are now coupled”, Financial Express, December 29, 2009 [Related blog entry]
“Sometimes, banks will end up failing”, Financial Express, December 23, 2009 [Related blog entry]
“Settle for new systems or suffer”, Financial Express, December 2, 2009 [Related blog entry]
“Googling to regulate finance firms”, Financial Express, October 19, 2009 [Related blog entry]
“Don’t believe you can’t be hurt”, Financial Express, September 15, 2009 [Related blog entry]
“Those fixed rate, 30 yr home loans”, Financial Express, August 22, 2009 [Related blog entry]
“Why RBI’s logic on DMO does not hold”, Financial Express, July 23, 2009 [Related blog entry]
“The problem with deficit? Tight money”, Financial Express, July 17, 2009 [Related blog entry]
“Almost like Rajan”, Financial Express, June 19, 2009 [Related blog entry]
“Accounting for blue chips”, Financial Express, March 2, 2009 [Related blog entry]
“Towards a new code”, Financial Express, February 5, 2009 [Related blog entry]
“Open the books”, Financial Express, January 22, 2009 [Related blog entry]
“India in a ZIRP world”, Financial Express, January 3, 2009 [Related blog entry]
“Sovereign limitations”, Financial Express, December 12, 2008 [Related blog entry]
“Show me the balance sheet”, Financial Express, November 27, 2008 [Related blog entry]
“Liquidity or solvency?”, Financial Express, November 12, 2008 [Related blog entry]
“Bubble in our backyard”, Financial Express, October 11, 2008 [Related blog entry]
“Back to Basics”, Asian Banker, March 2008 [Abstract] [Full text - Scanned Image]
“Is it time to start an OTC derivatives market?”, Business Standard, November 14, 2007 [Abstract] [Full text - Downloaded from Business Standard web site]
“More noise, less effect”, Business Standard, October 19, 2007 [Abstract] [Full text - Downloaded from Business Standard web site]
“Making the long view count”, Financial Express, March 1, 2007 [Abstract] [Full text - Downloaded from Financial Express web site]
“Allow Foreign Investment in SEs?”, Economic Times, November 27, 2006 [Abstract] [Full text - Downloaded from Economic Times web site]
“A Solution to the Financial Last Mile Problem”, CFO Connect, September-October 2006 [Abstract] [Full text - Scanned Image]
“On Nasdaq, LSE and extra-territoriality”, DNA Money, September 25, 2006 [Abstract] [Full text - Scanned Image]
“It won’t reduce volatility, but create a vibrant market”, Financial Express, June 26, 2006 [Abstract] [Full text downloaded from Financial Express web site]
“Reconnecting Directors to the Company”, CFO Connect, May-June 2006 [Abstract] [Full text - Scanned Image] [Full text - As Submitted]
“The crux of the MATter: capital gains tax is back”, Financial Express, March 1, 2006 [Abstract] [Full text - Scanned Image]
“Reliance Demerger as Backdoor Delisting”, Financial Express, February 13, 2006 [Abstract] [Full text downloaded from Financial Express web site]
“Rethinking Risk”, CFO Connect, January-February 2006 [Abstract] [Full text - Scanned Image]
“Yes, time to lay a road map for implementing T+1”, in “Should Sebi implement the T+1 settlement system in the capital market?”, Financial Express, October 17, 2005 [Abstract] [Full text downloaded from Financial Express web site]
“Short-selling curbs help rig share prices”, in “Should short-selling be reintroduced?”, Economic Times, October 3, 2005 [Abstract] [Full text downloaded from Economic Times web site]
“FSA order on Citigroup misguided”, Financial Express, July 20, 2005 [Abstract] [Full text downloaded from Financial Express web site]
“We have seen a dismal failure to make material disclosures to the public”, Financial Express, June 20, 2005 [Abstract] [Full text downloaded from Financial Express web site]
“Making Customers Pay for Regulatory Services”, Business Line, August 30, 2004 [Abstract] [Full text downloaded from Business Line web site]
“Stabilization or Socialization”, Business Standard, June 21, 2004 [Abstract] [Full text downloaded from Business Standard web site]
“Electronic Transparency”, Business Standard, April 12, 2004 [Abstract] [Full text downloaded from Business Standard web site]
“Stock lending is need of the hour”, Business Line, March 15, 2004 [Abstract] [Full text downloaded from Business Line web site]
“Discretion in margins”, Business Standard, March 1, 2004 [Abstract] [Full text downloaded from Business Standard web site]
“Should Sebi ban unregulated hedge funds?”, Economic Times, January 27, 2004 [Abstract] [Full text downloaded from Economic Times web site]
“Cash versus physical settlement”, Business Standard, January 19, 2004 [Abstract] [Full text downloaded from Business Standard web site]
“Insider trading should be a civil offence”, Business Standard, October 06, 2003 [Abstract] [Full text downloaded from Business Standard web site]
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