Amiyatosh Purnanandam

Amiyatosh Purnanandam

(734) 764-6886
Room R5436
Michael Stark Professor of Finance
Education
PhD Cornell University 2005
PGDM (MBA) Indian Institute of Management 1995
BTech Indian Institute of Technology 1993
Academic Areas
Finance
Research
Biography

Amiyatosh's research covers a wide range of topics in banking, FinTech, mortgage, corporate finance, and climate finance. His recent research work is mostly related to digital payments and measurement & detection of risk in banking. His research has been published in leading journals such as Journal of Financial Economics, Journal of Finance, Review of Financial Studies, Review of Finance, and Journal of Monetary Economics. He has served on the editorial boards of several leading finance journals, including the Journal of Finance, the Review of Finance, the Review of Financial Studies, the Journal of Financial Intermediation, and the Journal of Banking and Finance. He currently serves as a director of the Financial Intermediation Research Society. 

Latest Faculty News & Research
Color and Credit: Race, Regulation, and the Quality of Financial Services
Authors
Taylor Begley and Amiyatosh Purnanandam
Published Date
07/2021
Authors
Taylor Begley and Amiyatosh Purnanandam
Source
Journal of Financial Economics
Volume
141
Issue
1
Pages
48-65
Bank risk dynamics and distance-to-default
Authors
Stefan Nagel, and Amiyatosh Purnanandam
Published Date
05/2020
Authors
Stefan Nagel, and Amiyatosh Purnanandam
Source
The Review of Financial Studies (RFS)
Volume
33
Issue
6
Pages
2421–2467
Do Short Sellers Trade on Private Information of False Information
Authors
Amiyatosh Purnanandam & Nejat Sehyun
Published Date
2018
Authors
Amiyatosh Purnanandam & Nejat Sehyun
Source
Journal of Financial and Quantitative Analysis
Volume
53
Issue
3
Pages
997-1023
Growth Option Exercise and Capital Structure
Authors
Amiyatosh Purnanandam & Uday Rajan
Published Date
1/2018
Authors
Amiyatosh Purnanandam & Uday Rajan
Source
Review of Finance
Volume
22
Issue
1
Pages
207-241
Design of Financial Securities: Empirical Evidence from Private Label RMBS Deals
Authors
Amiyatosh Purnanandam & Taylor Begley
Published Date
01/2017
Authors
Amiyatosh Purnanandam & Taylor Begley
Source
The Review of Financial Studies (RFS)
Volume
30
Issue
1
Pages
120-161
The strategic under-reporting of bank risk
Authors
Amiyatosh Purnanandam, Taylor Begley, and KC Zheng
Published Date
05/2017
Authors
Amiyatosh Purnanandam, Taylor Begley, and KC Zheng
Source
The Review of Financial Studies (RFS)
Volume
30
Issue
10
Pages
3376-3415
Can Markets Discipline Government Agencies? Evidence from the Weather Derivatives Market
Authors
Amiyatosh Purnanandam and Daniel Weagley
Published Date
2016
Authors
Amiyatosh Purnanandam and Daniel Weagley
Source
Journal of Finance
Volume
71
Issue
1
Pages
303-334
Seasoned Equity Offerings, Corporate Governance, and Investments
Authors
Amiyatosh Purnanandam & E Han Kim
Published Date
07/2014
Authors
Amiyatosh Purnanandam & E Han Kim
Source
Review of Finance
Volume
18
Issue
3
Pages
1023-1057
The effect of banking crisis on bank-dependent borrowers
Authors
Amiyatosh Purnanandam
Published Date
01/2011
Authors
Amiyatosh Purnanandam
Source
Journal of Financial Economics
Volume
99
Issue
1
Pages
116-135
CEOs vs. CFOs: Incentives and Corporate Policies
Authors
Amiyatosh Purnanandam
Published Date
2010
Authors
Amiyatosh Purnanandam
Source
Journal of Financial Economics
Volume
97
Issue
2
Pages
263-278
Is Default Risk Negatively Related to Stock Returns?
Authors
Amiyatosh Purnanandam
Published Date
2010
Authors
Amiyatosh Purnanandam
Source
The Review of Financial Studies (RFS)
Volume
23
Issue
6
Pages
2523-2559
Do Shareholder Rights affect the Cost of Bank Loans?
Authors
Amiyatosh Purnanandam
Published Date
2009
Authors
Amiyatosh Purnanandam
Source
The Review of Financial Studies (RFS)
Volume
22
Issue
8
Pages
2973-3004
Corporate Finance
Corporate Financial Policy
Dissertation - Candidacy
Global Finance
Valuation
Valuation