Professor Chandrasekaran N was a speaker at Annual Regional Director’s Conclave 2025 organised by Institute of Directors. He spoke on the discussion topic, Impact Assessment: The Backbone of CSR Accountability.
A paper co-authored by Dr Suresh Govindapuram, Assistant Professor of Economics, IFMR GSB titled Assessing Energy Efficiency of Indian Chemical Industry: Examine the Role of Innovation and Regional Heterogeneity has been published in the Energy Nexus journal.
This study aims to measure energy efficiency levels and the impact of technological innovation and regional heterogeneity on energy efficiency. Hence, the team uses Indian chemical industry data covering 85 firms from 2003-04 to 2018-19. First, they employ the stochastic frontier analysis (SFA) to measure total factor energy efficiency (TFEE). Second, they use truncated regression to assess the effect of innovation and other factors. Their time-varying TFEE has a mean level of 0.84. Most firms can improve their energy efficiency by 15%. Hence, a substantial energy-saving opportunity exists in the case of the chemical industry in India. The second-stage results suggest that firms’ innovative capability accumulates over time, enabling them to achieve higher energy efficiency. Additionally, older firms perform better than younger ones in terms of TFEE. However, having facilities at different locations reduces energy efficiency, while the number of products produced does not significantly impact energy efficiency. The study emphasises the need to consider regional heterogeneity and technological gaps when developing strategies to enhance energy efficiency at the firm level. The findings have significant implications for regulating the manufacturing sector, providing insights for policymakers and industry practitioners to design effective strategies to promote energy efficiency.
Dr Praveen Bhagawan, Associate Professor, Finance, Accounting and Quantitative Finance, IFMR GSB presented one of his research papers (co-authored with Dr Jyoti Prasad Mukhopadhyay, Associate Professor, Economics, IFMR GSB and Navya Muricken, faculty member at ICFAI Business School, Bangalore) ‘Does Female Presence on Corporate Boards matter for Firm`s Cost of Equity? Evidence from Indian Firms’ at the 2025 Vietnam Symposium in Entrepreneurship, Finance, and Innovation (VSEFI2025), which was held on 10 and 11 July 2025 in Hanoi, Vietnam.
Dr Praveen Bhagawan, Associate Professor, Finance, Accounting and Quantitative Finance, IFMR GSB presented a research paper (co-authored with Dr Jyoti Prasad Mukhopadhyay, Associate Professor, Economics, IFMR GSB and PhD scholar Soumyabrata Basu ) titled ‘Creditor Rights and Tax Avoidance: Evidence from Quasi-natural Experiment in India’ at Indian Institute of Management Calcutta (IIMC). After the presentation, he also interacted with PhD students of IIMC and provided feedback on their papers.
A team of second-year MBA students from IFMR GSB participated in a competition organised by the Institute of Risk Management (IRM), India Affiliate, Game of Enterprise Risk (GOER) hosted at SDA Bocconi Asia Center, Mumbai on 5 July 2025. The team – The Hedge Knights – competed against 60+ leading business schools, including IIMs across India, ultimately securing an impressive second place. After multiple rigorous rounds, only 10 institutes qualified for the final round held in Mumbai. The team comprised Mohit Acharya, Siddhi Arora, Kartik Gupta, Saurav Kumar Sonthaliya, Rahul Kumar, Harshavarthini C, Anju Elizabeth John, Harshit Singh, Anshul Mittal and Atharvraj Kharosekar. The team was guided and mentored by Dr Ankur Paliwal, Assistant Professor, Finance, IFMR GSB, whose support and expertise were invaluable throughout the competition.
In the final round, each team faced a series of multiple simulated risk and crisis events, which they were expected to respond to within just a 20-minute time frame. Each risk event tested the teams’ ability to think critically under pressure, prioritise actions effectively, and demonstrate cohesive teamwork and provide a feasible solution.
The final round was evaluated by an eminent panel of judges, including Ms Anjali Merchant Majithia, Mr Hitesh Sheth, Ms Kaveri Venkataraman, FCA, SIRM and Ms Prabha Thomas. The event was graced by Ms Kamala Kantharaj, Chief Regulatory Officer of BSE India, as the Chief Guest.
This achievement underscores the talent, dedication, and collaborative spirit of our students, as well as the commitment of IFMR GSB to fostering excellence in business education and risk management. We congratulate the entire team on this accomplishment and thank our faculty and mentors for their continuous guidance.
Dr Jyoti Prasad Mukhopadhyay, Associate Professor, Economics, IFMR GSB and PhD scholar Soumyabrata Basu presented their research paper (co-authored with Dr Praveen Bhagawan, Associate Professor, Finance, Accounting and Quantitative Finance, IFMR GSB) related to the impact of Insolvency and Bankruptcy Code on Indian non-financial firms at the 7th International Conference on Financial Markets & Corporate Finance (ICFMCF 2025) held at IIT Kharagpur and the 34th European Financial Management Association 2025 Annual Meeting held at the American College of Greece, respectively.
A research article by Vidhya S, Teaching Fellow, OB & HR, IFMR GSB and Naveen M, Teaching Fellow, Marketing, IFMR GSB has been published in the IPE Journal of Management (Volume 14, No. 2, July–December 2024), a UGC-CARE listed journal. The research article is titled The Dynamics of Employee Engagement: Investigating Its Influence on Job Satisfaction in the Workplace.
SIAS alum Tanishka Nandakumar and student Hriday Shankar are conducting a research under the guidance of Dr Swayam Sampurna Panigrahi, Assistant Professor, Operations, IFMR GSB and have presented the working paper on Recycling of Lithium Ion Batteries: The Key to Sustainable EV Growth at ” SOM 2024: XXVII Annual International Conference of Society of Operations Management “, Institute of Management Technology (IMT) Ghaziabad held from, 19-21 December 2024. The same research was also presented at the “FLAME Undergraduate Research Day 2025” held at FLAME University, Pune, on 19 March 2025.
An article titled Empowerment Under Siege: Hidden Barriers Stall India’s Women, by Dr Jyoti Kumari, Assistant Professor, Finance, Accounting and Quantitative Finance, IFMR GSB, has been published in Deccan Herald.
Dr Jayaram Ramakrishnan, Professor of Practice, IFMR GSB, has authored an
article on Cost Management for manufacturing SMEs – A Framework. The same has been published in MSME Tidbits, the bi-monthly flagship journal of the MSME & Startup Promotion Board of the Institute of Cost Accountants of India (ICMAI), in their June edition.
