Balagopal Gopalakrishnan

Area

Primary Area : Finance and Accounting

Contact

Email : balagopalg@iima.ac.in

Phone : +91-79-7152 7508

Secretary : Pritesh Parmar

Phone : +91-79-7152 7973

Education

FRM, GARP

BE, ECE, NIT Surathkal

MBA, Finance, SP Jain Singapore/Dubai

PhD , (Finance & Accounting), IIMA

Teaching

PhD

Foundations of Finance
Empirical Methods in Corporate Finance

PGPX

Financial Reporting and Analysis
Valuation of New Economy Firms (along with Joshy Jacob)
Corporate Governance (along with Anish Sugathan)

PGP

Corporate Finance

Research Area

Corporate Finance

Banking and financial intermediation

Gold consumption/investment of households and central banks

Academic Experience

Faculty (F&A), IIM Ahmedabad , Feb 2022 – present

Faculty (F&A), IIM Kozhikode, July 2019 – Feb 2022

Professional Experience

Commercial Bank International, UAE , (Apr 2013 – May 2015)

Fullerton Financial Holdings/Dunia Finance, UAE , (Dec 2009 – Apr 2013)

Infineon Technologies, Bangalore/Munich , (Jun 2006 – Dec 2008)

Journals

Pandemic panic? Effects of health system capacity on firm confidence during COVID-19. European Journal of Political Economy, 102422, 2023. (with Jamus Lim and Sanket Mohapatra)

Connecting the right knots: The impact of board committee interlocks on the performance of Indian firms. Corporate Governance: An International Review, 1–21, 2023. (with Saneesh Edacherian, Ansgar Richter, and Amit Karna)

Mutual fund asset allocation during COVID-19: Evidence from an emerging market. Applied Economics, 1-19, 2023. (with Joshy Jacob and Nilesh Gupta)

Is ESG the key to unlock debt financing during the COVID-19 pandemic? International evidence. Finance Research Letters, 49, 103125, 2022. (with Jagriti Srivastava and Aravind Sampath)

COVID-19 pandemic and debt financing by firms: Unravelling the channels, Economic Modelling, 2022: 105929 (with Joshy Jacob, and Sanket Mohapatra)

Work from home amenability and venture capital financing during COVID-19. Applied Economics, 1-26, 2022. (with Jagriti Srivastava)

Impact of operational fragility on stock returns: Lessons from COVID-19 crisis, International Review of Finance, February 2022 (with Avijit Bansal, Joshy Jacob and Pranjal Srivastava).

Risk-sensitive Basel regulations and firms' access to credit: Direct and indirect effects, Journal of Banking and Finance 126 (2021): 106101 (with Joshy Jacob and Sanket Mohapatra).

Gopalakrishnan, B., & Mohapatra, S. (2020). Insolvency regimes and firms' default risk under economic uncertainty and shocks. Economic Modelling, 91, 180-197, 2020. (with Sanket Mohapatra)

Understanding the government's attempt to transform attitudes towards a critical resource: Gold monetization in India. Resources Policy, 66, 101600, 2020. (with Priya Narayanan and Aravind Sahay)

The effects of reporting standards and information sharing on loan contracting: Cross-country evidence. Cogent Economics & Finance, 8(1), 1716920, 2020. (with Sanket Mohapatra)

Turning over a golden leaf? Global liquidity and emerging market central banks’ demand for gold after the financial crisis. Journal of International Financial Markets, Institutions and Money, 57, 94-109, 2018. (with Sanket Mohapatra)

Global risk and demand for gold by central banks. Applied Economics Letters, 25(12), 835-839, 2018. (with Sanket Mohapatra)

Financial fluctuations anchored to economic fundamentals: A mesoscopic network approach. Scientific reports, 7(1), 1-11, 2017. (with Kiran Sharma, Anindya Chakrabarti, and Anirban Chakraborti)

Consulting projects

Completed

Insolvency and Bankruptcy Board of India (IBBI): Effectiveness of the resolution process: Firm outcomes in the post-IBC period (with Ram Mohan M P, Jan- Aug 2023)
Multi Commodity Exchange (MCX): Study on Suspension of Commodity Derivative Contracts and Impact on Price Discovery (with Joshy Jacob, Dec’22-Apr’23)
National Stock Exchange (NSE): Developing a framework for capital adequacy requirements of market intermediaries (2020 - 2021).

Awards & Honors

2023 - SRK distinguished PGPX faculty award at IIM Ahmedabad

2019 - Industrial Finance Corporation of India Award for Thesis Proposal at IIM Ahmedabad, 2018-19

2018 - Best paper award at the Asia-pacific Applied Economics Association Doctoral Conference in Changsha, China, January 2018, (jointly with Joshy Jacob and Ajay Pandey for paper titled “Lender moral hazard in state-owned banks: Evidence from an emerging economy”)

2018 - CFA Best Paper Award, India Finance Association Conference, December, 2018 (jointly with Joshy Jacob and Ajay Pandey for paper titled “Lender moral hazard in state-owned banks: Evidence from an emerging economy”).

Faculty & Research

Balagopal Gopalakrishnan