Amiyatosh Purnanandam

Download Resume (October, 2009)

Employment: Assistant Professor, Ross School of Business, University of Michigan, 2004-Present.

Education

1. Cornell University: M.S. (2003), Ph.D. (2005).
2. IIM, Lucknow, India: Post Graduate Diploma in Management (MBA), 1995
3. IIT, Kharagpur, India: B.Tech. in Electrical Engineering, 1993

Research Interests: Corporate Finance, Banking and Investments.

Main Publications/ Forthcoming Papers:

1. "The effect of banking crisis on bank-dependent borrowers", with Sudheer Chava
   Journal of Financial Economics, forthcoming.
   
   
2. "CEOs vs. CFOs: Incentives and Corporate Policies", with Sudheer Chava
   Journal of Financial Economics, forthcoming.
   
   
3. "Is Default Risk Negatively Related to Stock Returns?", with Sudheer Chava
   Review of Financial Studies, forthcoming.
   
   
4. "Do Shareholders Rights Affect the Cost of Bank Loans?", with Sudheer Chava and Dmitri Livdan
   Review of Financial Studies, 2009, 22, 2973-3004.
   
   
5. "Financial Distress and Corporate Risk Management: Theory & Evidence"
   Journal of Financial Economics, 2008, 87, 706-739.
   
   
6. "Interest Rate Derivatives at Commercial Banks: An Empirical Investigation",
   Journal of Monetary Economics, 2007, 54, 1769-1808.
   
   
7. "Determinants of the Floating-to-Fixed Rate Debt Structure of Firms", with Sudheer Chava
   Journal of Financial Economics, 2007, 85, 755-786.
   
   
8. "Are IPOs Really Underpriced?", with Bhaskaran Swaminathan.
   Review of Financial Studies, 2004, 17, 811-848.
   
   

Selected Working Papers (Comments welcome):

1. "Originate-to-Distribute Model and the Sub-prime Mortgage Crisis"
   
   
2. "Corporate governance and investor confidence in Seasoned equity offerings", with E. Han Kim

Media coverage

1. Selected press articles

Bank Failure Risk Index (Updated till 2008Q1) (Based on the Bank Failure Model of My paper in the Journal of Monetary Economics).
A short explanation of this index.