Professor Rajesh Chakrabarti is Dean and Professor of Finance at IFMR GSB at Krea University. He has previously served as  Dean, School of Management & Entrepreneurship at Shiv Nadar Institute of Eminence,  Dean at Bennett University, Director and Dean at Thapar Institute of Engineering & Technology, Director at MDI Gurgaon and Dean at the Jindal Global Business School, Jindal Global University.

Rajesh has taught Finance for over a decade and a half – at the University of Alberta, Canada; Georgia Tech, USA; and the Indian School of Business (ISB). As the founding Executive Director of the Bharti Institute of Public Policy at ISB’s Mohali campus he helped design and launch one of India’s leading public policy programs. He has served as Executive Vice President, Research and Policy at the Wadhwani Foundation. Rajesh has held visiting positions at various institutions including IIM Calcutta, ISI Delhi, IIM Udaipur, IDF Gurgaon, ICN Nancy, France and the Federal Reserve Bank of Atlanta. 

Rajesh has authored or edited ten books – in subjects ranging from Finance and Public Policy to Artificial Intelligence – in addition to authoring several book chapters and articles on Finance, Economics, and Management in leading international scholarly journals. He has also co-founded a public policy consulting firm. Rajesh has been a columnist with the Financial Express. His current research interests are in the areas of management and public policy.  

Rajesh is an alumnus of Presidency College, Calcutta and IIM Ahmedabad and earned his PhD from the University of California, Los Angeles.

Research:

• Financial Systems 
• Corporate Governance
• Policy making process
• Financial Inclusion
• International Finance

Selected Publications:

Research Publications:

Finance:

• “Systemic Impact of Accounting Scandals on Corporate Governance in Emerging Markets: Evidence from India” (with Krishnamurthy Subramanian), Journal of Law Finance and Accounting, April 2022, Vol. 7: No. 1, pp 43-90
• “Financing Firms in India” (with Franklin Allen, Sankar De, Jun Qian and Meijun Qian), Journal of Financial Intermediation, 2012. 
• “Takeovers, Takeover Immunity and the Market for Non-Executive Directors” (with Narayanan Jayaraman, Richard Fu and Rasha Ashraf), Financial Management, 2010, 39(1), 83-127. 
• “Corporate Governance in India” (with Bill Megginson and Pradeep Yadav), Journal of Applied Corporate Finance, Winter 2008, Volume 20.1. 
• “Price and Volume Effects of Changes in MSCI Indices – Nature and Causes” (with Narayanan Jayaraman, Wei Huang and Jinsoo Lee), Journal of Banking and Finance, Volume 29, pp. 1237-1264. 
• “East Asia and Europe during the 1997 Asian Collapse: A Clinical Study of a Financial Crisis”, Journal of Financial Markets, 5(1), January 2002, pp. 1-30. (with Richard Roll).
• “Just another Day in the Inter-bank Foreign Exchange Market”, Journal of Financial Economics, 56(1), April 2000, pp. 29-64. 
• “Learning from Others, Reacting and Market Quality”, Journal of Financial Markets, 2(2), May 1999, pp. 99-192. (with Richard Roll) 

International Business and Economics:

• “Responsible AI: Can India Take the Lead?” (with Kaushiki Sanyal) in South Asia Economic Journal, June, 2020.
• “Localization of FDI Flows: Evidence on Infrastructure as a Critical Determinant” (with Krishnamurthy Subramanian, Sesha Sai Ram Meka), Journal of Law Finance and Accounting, Vol.2: No. 1, pp 205-246.
• “Mars-Venus Marriages: Culture and Cross-border M&A” (with Narayanan Jayaraman and Swastika Mukherjee), Journal of International Business Studies, (February, 2009), 40(2), 216-236.
• “The Mechanics of Price Adjustment: New Evidence on the (Un)importance of Menu Costs” (with Barry Scholnick), Managerial and Decision Economics, Volume 28, Issue 7 (October 2007), pp. 657- 668 
• “Nominal Rigidities without Literal Menu Costs: Evidence from E-Commerce” (with Barry Scholnick), Economics Letters, Volume 86, Issue 2, February 2005, Pages 187-191 
• “Frictions in International E-Commerce” (with Barry Scholnick), Management International Review, Special Issue, 2003/1, pp. 31-49. 
• “Exchange Rate Expectations and FDI Flows” (with Barry Scholnick), Weltwirtschaftliches Archiv – Review of World Economics, 138(1). 
• “International Expansion of E-Retailers: Where the Amazon Flows” (with Barry Scholnick), Thunderbird International Business Review, 44(1), January-February 2002, pp. 85-104.

Other Publications:

Books and Monographs:

 Public Policy

• Shaping Policy in India: Alliance, Advocacy, Activism (with Dr. Kaushiki Sanyal), Oxford University Press, October, 2017.
• The Oxford India Short Introduction to Public Policy in India (with Dr. Kaushiki Sanyal), Oxford University Press, 2016
• Bihar Breakthrough: The Turnaround of a Beleaguered State, Rupa, New Delhi, March 2013
• The Other India: Realities of an Emerging Power, (editor) New Delhi: Sage Publications, September, 2009

Finance and Management

• The Oxford India Short Introduction to Artificial Intelligence in India (with Dr. Kaushiki Sanyal), Oxford University Press, July 2020.
• Infrastructure PPPs in India: Management and Challenges (with Dr. Kumar V. Pratap), Springer, January, 2018
• Grit, Guts and Gumption: Driving Change in a State-Owned Giant, Penguin, New Delhi, November 2010.
• Capital Markets in India. (editor, with Sankar De) Tokyo: Nomura Institute of Capital Markets,New Delhi: Sage Publications, November 2010.
• “India’s Financial System” (with Franklin Allen and Sankar De), Nomura Occasional Series on Contemporary Capital Markets, Nomura Institute of Capital Markets Research, Tokyo (2008)
• The Financial Sector in India – Emerging Issues (With a Foreword by Richard Roll), Oxford University Press, New Delhi, India, 2006.
• The Asian Manager’s Handbook of E-Commerce (with V. Kardile), Tata McGraw Hill, New Delhi, India, 2002.

Teaching Modules:

Courses taught at previous institutions:

• Introduction to Public Policy in India
• International Finance
• Investments
• Indian Financial System