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Karthik Krishnan


Krishnan, Karthik
Thomas Moore Faculty Fellow, Assistant Professor of Finance and Insurance


Karthik Krishnan
419 Hayden Hall
Northeastern University
Boston, Massachusetts  02115-5000

617-373-4707
k.krishnan@neu.edu
www.northeastern.edu/kkrishnan

Education

PhD in Finance, Boston College
PhD Program in Finance, University of Connecticut
B. Eng. (Electrical Engineering), Delhi College of Engineering, Delhi University, India

Research and Teaching Interests

Professor Krishnan's research focuses on Empirical Corporate Finance, Financial Intermediation, Investment Banking, Universal Banking, Securities Issuance, IPO, Venture Capital, Entrepreneurial Finance, and Corporate Governance. He has teaching interests in the areas of Corporate Finance, Investments, Financial Institutions, and Capital Markets.

Awards and Honors

Outstanding Corporate Finance Paper Award at the 2007 Eastern Finance Association Annual Meetings for the paper titled, "CEO Dismissal Timing and Costs of Delayed Action: Do Some Boards Act Too Late?"(co-authored with Mine Ertugrul)

Kauffman Doctoral Fellowship in Entrepreneurial Finance, 2006-2007 - Research grant for the paper titled, "How Does Venture Capital Financing Improve Efficiency in Private Firms? A Look Beneath the Surface." (co-authored with Thomas J. Chemmanur and Debarshi Nandy)

Best Doctoral Student Paper Award at the 2007 Northern Finance Association Annual Meetings for the paper titled, "Universal Banking, Private Information, and Incentive Problems: What Do Ex-Post Lending Patterns Tell Us?"

AFA Travel Grant Award (Sponsored by the American Finance Association), 2007

FDIC Doctoral Student Workshop, 2006

Financial Management Association Doctoral Student Consortium and Special Session, 2006

Research Grant - Single Authored Study on Investor Protection, National Stock Exchange of India, 2001

Selected Publications

Chemmanur, T. J., Krishnan, K., Nandy, D. (2011). How Does Venture Capital Financing Improve Efficiency in Private Firms? A Look Beneath the Surface. Review of Financial Studies, 24(12), 4037-4090.

Krishnan, K., Ertugrul, M. (2011). Can CEO Dismissals Be Proactive? Journal of Corporate Finance, 17(1), 134-151.

Chemmanur, T. J., Krishnan, K., Nandy, D. (2008) How Do Venture Capitalists Create Value for Entrepreneurial Firms? A Review of the Literature.

Selected Presentations

Faleye, O. (Presenter & Author), Krishnan, K. (Author Only), Australasian Finance & Banking Conference, "Risky Lending: Does Bank Corporate Governance Matter?,” Sydney, Australia. (December 2010).

Krishnan, K. (Author Only), Financial Management Association annual meetings, "Investment Banks in Dual Roles: Acquirer M&A Advisors as Underwriters,” Financial Management Association, New York. (October 2010).

Krishnan, K. (Presenter & Author), Financial Intermediation Research Society Annual Meetings, "How Does Venture Capital Financing Improve Efficiency in Private Firms? A Look Beneath the Surface,” Financial Intermediation Research Society, Florence, Italy. (June 8, 2010).

Krishnan, K. (Author Only), Financial Management Association annual meetings, "Advisor Skill and Acquisition Performance: Do Investment Bankers Make a Difference?," Financial Management Association, Reno. (October 2009).

Krishnan, K. (Presenter & Author), Northern Finance Association Annual Meetings, "Advisor Skill and Acquisition Performance: Do Investment Bankers Make a Difference?,” Northern Finance Association, Niagara-on-the-Falls. (September 2009).

Krishnan, K. (Author Only), Symposium on the Economics and Law of the Entrepreneur, "How Does Venture Capital Financing Improve Efficiency in Private Firms? A Look Beneath the Surface.," Searle Center for Law at Northwestern University, Chicago. (June 2009).

Krishnan, K. (Author Only), Western Finance Association Annual Meetings, "How Does Venture Capital Financing Improve Efficiency in Private Firms? A Look Beneath the Surface.," Western Finance Association, San Diego. (June 2009).

Krishnan, K. (Author Only), Eastern Finance Association annual meetings, "Advisor Skill and Acquisition Performance: Do Investment Bankers Make a Difference?," Eastern Finance Association, Washington DC. (April 2009).

"How Does Venture Capital Financing Improve Efficiency in Private Firms? A Look Beneath the Surface." Triangle Census Research Data Center Conference at Duke University, Durham. Also presented at Financial Management Association Annual Meetings (2008), Dallas; NBER Entrepreneurship Working Group Seminar (2008), Cambridge (MA); and Northern Finance Association Annual Meetings (2008), Calgary.

"Heterogeneous Beliefs, Short Sale Constraints, and the Economic Role of the Underwriter in IPOs." Financial Intermediation Research Society (FIRS) Conference (2008), Anchorage (Scheduled). Also presented at Financial Management Association Annual Meetings (2007), Orlando; and Eastern Finance Association Annual Meetings (2007), New Orleans.

"CEO Dismissal Timing and Costs of Delayed Action: Do Some Boards Act Too Late?" Western Finance Association Annual Meetings (2007), Big Sky. Also presented at London Business School Private Equity Symposium, London (UK); European Finance Association Annual Meetings (2007), Ljubljana; Northern Finance Association Annual Meetings (2007), Toronto; Financial Management Association Annual Meetings (2007), Orlando; and Eastern Finance Association Annual Meetings (2007), New Orleans (Winner of the Outstanding Corporate Finance Paper Award).

"Universal Banking, Private Information, and Incentive Problems: What Do Ex-Post Lending Patterns Tell Us?" Northern Finance Association Annual Meetings (2007), Toronto (Winner of the Best Doctoral Student Paper Award). Also presented at European Finance Association Annual Meetings (2006), Zurich; Eastern Finance Association Annual Meetings (2007), New Orleans; and Financial Management Association Annual Meetings, Doctoral Consortium & Special Session (2006), Salt Lake City.

"The Choice Between Mandatory and Ordinary Convertibles: A Risk Management Perspective." Financial Management Association Annual Meetings (2003), Denver. Also presented at Eastern Finance Association Annual Meetings (2003), Orlando.

Industry and Academic Experience

Prior to joining Northeastern University's D'Amore-McKim School of Business, Professor Krishnan worked as instructor and graduate assistant at Boston College's Carroll School of Management. In India, Professor Krishnan worked as management trainee in the Power Project Development at Larsen and Toubro Limited in Mumbai. He also worked as a software engineer at Mahindra British Telecom in Pune, India.

Professional Services

Professor Krishnan is a member of several professional organizations, including Western Finance Association (WFA), European Finance Association (EFA), American Finance Association (AFA), Financial Management Association (FMA), and United States Association for Small Business and Entrepreneurship (USASBE). He has also worked as a reviewer for the Journal of Corporate Finance and the Journal of Economics and Business.

Recent Press

"Benefits of a Better Image", Financial Times, June 19, 2006.

"Study Finds Link Between Delayed CEO Ousters And Bankruptcy", Dow Jones Newswires, April 30, 2007.

"Early CEO Dismissal Helps Avoid Bankruptcy, Study Finds", Bloomberg, May 02, 2007.

Mailing Address

Karthik Krishnan
419 Hayden Hall
Northeastern University
Boston, Massachusetts  02115-5000