Sudheer Chava
Associate Professor of Finance
Scheller College of Business
Georgia Institute of Technology
800W Peachtree St NW Atlanta, GA 30308-1149
Phone: 404-894-4371
Fax: 404-894-6030
http://www.prism.gatech.edu/~schava6/
http://scholar.google.com/citations?user=AXYf-i8AAAAJ
http://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfm?per_id=292365
Work Experience
Associate Professor Georgia Tech 2010- Assistant Professor Texas A&M University 2006-2010
Assistant Professor University of Houston 2003-2006
Education
Ph.D.(Finance) Cornell University 2003 M.B.A. Indian Institute of Management, Bangalore 1997
Research Interests
Corporate Finance, Banking and Credit Risk
Publications
1. Chava, Sudheer and Robert Jarrow, 2004, Bankruptcy Prediction with Industry Effects, Review of Finance, 8(4), 537-569
» Nominated for Goldman Sachs award for the best paper published in the journal during 2004
» Financial Management Annual Meetings at Toronto, Canada, 2001
2. Chava, Sudheer and Amiyatosh Purnanandam, 2007, Determinants of the Floating-to-Fixed Rate Debt Structure of Firms, Journal of Financial Economics, 85, 755-786
» European Finance Association Annual Meetings at Zurich, 2006
» Financial Intermediation Research Society Meetings at Shanghai, 2006
3. Chava, Sudheer and Michael Roberts, 2008, How Does Financing Impact Investment? The Role of Debt Covenant Violations, Journal of Finance, 63(5), 2085-2121
» Lead Article in the October 2008 issue of Journal of Finance
» Finalist for Brattle Prize for the best paper in Corporate Finance published in Journal of Finance during 2008
» Olin Corporate Finance Conference, 2006
» Second Annual Penn/NYU Conference on Law and Finance, 2006
» New York Fed/NYU Stern Salomon Center Conference on Financial Intermediation,
» American Finance Association Annual Meetings, 2007
4. Chava, Sudheer and Robert Jarrow, 2008, Modeling Loan Commitments, Finance Research Letters, 5, 11-20
» Co-Winner of the 2008 Ross Best Paper award
5. Chava, Sudheer, Dmitry Livdan and Amiyatosh Purnanandam, 2009, Do Shareholder Rights Affect the Cost of Bank Loans?, Review of Financial Studies, 22, 2973-3004.
» European Finance Association Annual Meetings at Maastricht, 2004
» Featured in Harvard Law School Corporate Governance Blog
6. Chava, Sudheer, Praveen Kumar and Arthur Warga, 2010, Managerial Agency and Bond Covenants, Review of Financial Studies, 23, 1120 - 1148
» Lead Article in the March 2010 regular issue of Review of Financial Studies
» Western Finance Association Annual Meetings, 2005
7. Chava, Sudheer and Amiyatosh Purnanandam, 2010, Is Default Risk Negatively Related to Stock Returns?, Review of Financial Studies, 23, 2523 - 2559
» Utah Winter Finance Conference, 2008
» Derivatives Research Conference at FDIC, 2008
8. Chava, Sudheer and Amiyatosh Purnanandam, 2010, CEOs Vs CFOs: Incentives and Corporate Policies, Journal of Financial Economics, 97, 263-278
9. Chava, Sudheer, C.S. Agnes Cheng, Henry Huang and Gerald J. Lobo, 2010, Implications of Securities Class Actions for Cost of Equity Capital, International Journal of Law and Management, 52, 144-161
10. Chava, Sudheer and Amiyatosh Purnanandam, 2011, The Effect of Banking Crisis on Bank-Dependent Borrowers, Journal of Financial Economics, 99, 116-135
» This paper won the FDIC-CFR Fellowship award
» Western Finance Association Annual Meetings, 2006
» 42nd Bank Structure Conference at Federal Reserve Bank of Chicago, 2006
» European Finance Associations Annual Meetings in Zurich, 2006
» Systemic Risk Conference at Federal Reserve Bank of Atlanta
» FDIC-CFR Conference in 2006
» Financial Intermediation Research Societys Meetings in Shanghai, 2006
» Abstracted in World Bank Newsletter Interest Bearing Notes
11. Chava, Sudheer, Catalina Stefanescu and Stuart Turnbull, 2011, Modeling the Loss Distribution, Management Science, 57, 1267-1287
» Honorable Mention for the Best Paper award (Financial Services Section) at the INFORMS annual Meetings
» Derivatives Research Conference at FDIC
» INFORMS Annual Meetings
» BMBF Workshop on Credit Risk Management
12. Chava, Sudheer, Alexander Oettl, Ajay Subramanian and Krishnamurthy Subramanian, Banking Deregulation and Innovation
» forthcoming in Journal of Financial Economics
» 12th Annual Roundtable for Engineering Entrepreneurship Research, Atlanta
Working Papers
1. Chava, Sudheer, 2011, Environmental Externalities and Cost of Capital
» Fist Geneva Summit on Sustainable Finance organized by University of Geneva, 2013
» Sustainable Finance and Responsible Investment workshop organized by University of Toulouse, Paris, 2012
» Finance and Responsible Business Practices: Research, Practice and Policy Conference at UC Berkeley, 2011
» Q Group Spring Meetings at Amelia Beach, Florida, April 2011
» European Finance Annual Meetings, 2010
» This paper combines and supersedes two papers that were previously circulated as Do Environmental Concerns Affect the Cost of Bank Loans? (also titled Environmentally Responsible Lending) and Socially Responsible Investing and Expected Stock Returns
2. Boehmer, Ekkehart, Sudheer Chava and Heather Tookes, 2011, Capital Structure, Derivatives and Equity Market Quality
» Q Group Research Award
» European Finance Annual Meetings, 2011
» 2011 Central Bank Microstructure Conference
3. Chava, Sudheer, Michael Gallmeyer and Heungju Park, 2011, Credit Conditions and Expected Stock Returns
» Third Risk Management Conference at Mont Tremblant, Canada
» European Finance Annual Meetings, 2010
» 2011 Finance Down Under Conference at Melbourne, Australia
4. Chava, Sudheer, Kershen Huang and Shane Johnson, 2012, The Dynamics of Borrower Reputation Following Financial Misreporting
5. Alanis, Emmanuel and Sudheer Chava, 2012, Shareholder Bargaining Power and Debt Overhang
» 2013 Finance Down Under Conference at Melbourne, Australia
6. Chava, Sudheer, Rohan Ganduri and Chayawat Ornthanalai, 2012, Are Credit Ratings Still Relevant?
» 2013 Western Finance Association Meetings
» Q Group Research Award
» Derivatives Research Conference at FDIC, 2012
» European Finance Association Annual Meetings at Copenhagen, 2012
Referee
Ad-hoc referee for
Journal of Finance, Journal of Financial Economics, Review of Financial Studies, Quarterly Journal of Economics, Journal of Financial and Quantitative Analysis, Management Science, Journal of Financial Intermediation, Journal of Banking and Finance, Journal of Corporate Finance, Quantitative Finance, Applied Stochastic Models in Business and Finance, European Journal of Finance, Journal of Empirical Finance, Financial Management, International Review of Finance, International Journal of Managerial Finance, Finance Research Letters, Journal of Credit Risk, Journal of Accounting and Public Policy, European Accounting Review
External Grant Reviewing
» National Science Foundation
» Swiss National Science Foundation
» Social Sciences and Humanities Research Council of Canada
» National University of Singapore (Credit Risk for NUS Risk Management Institute)
Invited Seminars, Presentations and Discussions
»
2013 (scheduled): American
Finance Association Annual Meetings at San Diego (Discussant), Temple University, University of Virginia (Darden),
University of Hong Kong, Indian School of Business, Hyderabad
»
2012: American
Finance Association Annual Meetings at Chicago (Discussant), UBC Winter Finance
Conference at Whistler, Canada (Discussant), 22nd Derivatives Research
Conference at FDIC, Sustainable Finance and Responsible Investment workshop
organized by University of Toulouse, Paris, University of Alberta, Southern
Methodist University, Texas A&M University, Maastricht University, Erasmus University, ESMT European
School of Management and Technology in Berlin, University of North Carolina at Charlotte, University of Oklahoma, Kauffman
Foundations Third Entrepreneurial Finance and Innovation Conference at Boston
(discussant), European Finance Association Annual Meetings at Copenhagen »
2011: American
Finance Association Annual Meetings at Denver (Discussant), Center for
Empirical Legal Studies Conference at Northwestern University (Discussant),
Western Finance Annual Meetings at Santa Fe (Discussant), Q group Spring
Conference at Amelia Beach, Finance Down Under Conference at University of
Melbourne, Boston College, University of Alabama, Finance and Responsible
Business Practices: Research, Practice and Policy Conference at UC Berkeley »
2010: American
Finance Association Annual Meetings at Atlanta (Discussant), Bank of Canada,
Federal Reserve Bank of Atlanta, Georgia Institute of Technology, Arizona State
University, Michigan State University, City University of Hong Kong, European
Finance Association Annual Meetings at Frankfurt »
2008: Arizona
State University, University of Illinois, Urbana-Champaign, Rice University,
University of Miami, Derivatives Research Conference at FDIC, Washington
University, St. Louis »
2007: Frank Batten
Young Scholars Conference at College of William and Mary, University of Houston »
2006: Texas
A&M University, University of Texas at San Antonio, Michigan State
University »
2003: Cornell
University, University of Georgia, Case Western Reserve University, University of
Iowa and University of Houston, Frank Batten Young Scholars Conference at
College of William and Mary Teaching Georgia
Institute of Technology » Fall 2010, Fall 2011, Fall 2012:
Management of Financial Institutions Texas
A&M University »
Fall 2006: Valuation »
Fall 2007:
Valuation »
Spring 2008: PhD
course in Corporate Theory »
Spring 2009:
Sub-prime Crisis, PhD course in Corporate Theory »
Fall 2009: PhD
course in Empirical Methods in Finance »
Spring 2010:
Credit Risk, PhD course in Corporate Theory University
of Houston »
Options and
Futures (Spring 2004, Spring 2005, Spring 2006) »
Risk Management
(Fall 2004, Fall 2005) Awards, Honors and Grants Best Paper
Awards or Nominations »
Finalist for
Brattle Prize for the best paper in Corporate Finance published in Journal of
Finance during 2008 »
Co-Winner of the
Ross Award for the best paper published in Finance Research Letters during 2008 »
Nominated for
Goldman Sachs award for the best paper published in Review of Finance during
2004 »
Honorable Mention
for the Best Paper award (Financial Services Section) at the INFORMS annual
Meetings »
Honorable Mention
for the Moskowitz Prize External
Grants or Fellowships »
Q Group Research
Award 2010, 2012 »
Federal Deposit
and Insurance Corporation (FDIC- CFR) Fellowship »
Morgan Stanley
Microstructure Research Grant »
Financial Services
Exchange Grant Mays
Business School »
Ricky W. Griffin
Research Award (school wide), 2009 »
Gina and William
H. Flores Fellowship, 2009- 2013 »
Mays Faculty
Fellowship for Research Excellence 2009-2013 »
Deans Performance
Research Grant 2007, 2008, 2009