Phone:

+91-79-6632 4864

Email:

shailesh@iima.ac.in

Website:

faculty.iima.ac.in/~shailesh

Shailesh Gandhi

Finance and Accounting (F&A)

Dean, Programmes
 

Educational Qualifications

Fellow (IIMA)

B.E. (Chemical Engg.)

Academic Affiliation

IRMA - Institute of Rural Management, Anand (2001 - 2004) Was appointed a Member of the Governing Board as a faculty representative.

 

National Institute of Construction Management & Research, Mumbai (1984-1986).

 

Visiting faculty at the Faculty of Management Studies, M.S.University, Baroda and Sardar Patel University, Vallabh Vidyanagar (1989-2003).

Professional Affiliation

Member of the Cost Accounting Standards Board of the Institute of Cost Accounts of India (ICAI) since 2008-09

 

At IIMA, designed and conducted several management development programmes for clients in Bangkok, Beijing, Cairo,Johannesburg, Kuwait, and Nairobi. The major clients for consulting and management development programmes cover various sectors like banking and insurance, engineering, infrastructure, energy, chemicals & pharmaceuticals and IT. 

 

Worked as General Manager (Finance & Accounts) in a chemical industry for seven years. Handled accounting, corporate finance, treasury, project finance and MIS.

 

Worked at various levels in the Consultancy Division of A.F.Ferguson & Co (now part of Deloitte) for nine years. Assignments were done in corporate and government sectors some of which were funded by the World Bank and other international funding agencies.

 

Teaching

 

Area of Research

Corporate Performance Measurement & Management

Accounting Standards and financial reporting

Management planning and control

Ph.D work supervised

Completed:

  1. "Impact of Intellectual Capital Components on Firm Performance: An Empirical Study on Indian Companies", as Member, Thesis Advisory Committee, Indian Institute of Management, Indore.
  2. "An Empirical Study on Weak Form of Market Efficiency and co-integration of Indian Stock Markets with selected emerging and developed Stock markets of the World", as Member, Thesis Advisory Committee, SVNIT, Surat.
  3. "Foreign Institutional Investments in India: An Empricial Analysis of Determinants and Dynamic Interactions with Stock Market Return and Volatility", as Member, Thesis Advisory Committee, SVNIT, Surat.
  4. "Techno-Entrepreneurship & Technology Business Incubation", as Chairperson, Thesis Advisory Committee, SVNIT, Surat.
  5. "Response to Competition: A Case Study of Nationalised Banks in India", as Chairperson, Thesis Advisory Committee, DD University, Nadiad
  6. "Health Reforms in Rajasthan: A Study from Governance Perspective", as Member, Thesis Advisory Committee, Institute of Rural Management Anand (IRMA), Anand.
  7. "Impact of International Financial Reporting Standards on Stock Price Synchronicity and Cost of Capital in Asian Countries", as Member, Thesis Advisory Committee, Indian Institute of Management, Indore.

 

 

Current Research

Performance measurement

Accounting issues and financial reporting

 

Publications/ Articles/ Cases

Journal Articles
  • Gandhi, Shailesh, Bulsara, Hemantkumar, P., Dhingra, Vaishali, S., Changing Trend of Capital Flows: The Case of India. International Journal of Management Studies, Universiti Utara Malaysia, Malaysia, Volume 20, No.2, December 2013. 
  • Gandhi, Shailesh, Bulsara, Hemantkumar, P., Dhingra, Vaishali, S., Retrospection of Capital Flows: With Emphasis on Foreign Institutional Investments and Stock Market Volatility, TIJ's Research Journal of Economics & Business Studies, Singapore, 3(2), 2013.
  • Gandhi, Shailesh, Bulsara, H., & Patel, P., Conceptual study on efficient market hypothesis for the world markets: Finding opportunities for Indian Stock Markets, Management: Journal for theory and practice management, Faculty of Organizational Sciences, University of Belgrade, vol 18 (67), 25-36, 2013.
  • Gandhi, Shailesh, Bulsara, H., & Patel, P., The Global Perspective of Indian Financial Markets, Research Journal of Economics and Business Studies, The International Journal Research Publications, National Library, Singapore, Vol 2 (9), 2013.
  • Shailesh Gandhi, Hemantkumar P. Bulsara & D. Porey,Grassroots Innovations to Techno-Entrepreneurship through GIAN – Technology Business Incubator in India: A Case Study of Nature Technocrats, International Journal of Innovation,Vol.1,No.1, August-December,2013.
  • Shailesh Gandhi, Hemantkumar P. Bulsara & Pooja Patel, Indian Financial Markets and Its Global Perspectives, published in the proceedings of the National Conference on "FINANCIAL STRATEGIES IN GLOBAL SCENARIO", SIBACA DIMENSIONS 2012, March 2012
  • Shailesh Gandhi, Hemantkumar P. Bulsara & Vaishali Dhingra, Capital Flows and Reforms with special reference to India, published in the proceedings of the National Conference on "FINANCIAL STRATEGIES IN GLOBAL SCENARIO",SIBACA DIMENSIONS 2012, March 2012
  • Bulsara, Hemantkumar P. Shailesh Gandhi and D. Porey, Commercialization of technology innovations and patents: Issues and challenges, Asia – Pacific Tech Monitor Journal,Asian and Pacific Centre for Transfer of Technology (APCTT) of the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), Nov-Dec 2010, Vol. 27, No.6
  • Bulsara, Hemantkumar; Gandhi, Shailesh; and Porey, P. D. "A Comparative Study of Enterprising Tendency with the help of Select Cases in India," International Journal of Trade, Economics and Finance, Vol.1, No.4, December, 2010
  • Bulsara, Hemantkumar; Gandhi, Shailesh; and Porey, P. D. "Mantis Technologies (Management Case),"VNSGU Journal of Management & Administration, VNSGU, India, Vol:1, Issue:2, July – December, 2009, pp 91-119 
  • Gandhi, Shailesh "Performance Meaurement in Non-profit Organisations," INTER face, a journal published by Centre for Promoting Accountability, Noida, April-September 2009, pp 17-24
  • Bulsara, Hemantkumar; Gandhi, Shailesh; and Porey, P. D. "Techno-innovation to Techno – Entrepreneurship through Technology Business Incubation in India: An Exploratory Study," Asia Pacific Journal of Innovations and Entrepreneurship, Asian Association of Business Incubation, Vol.3, No.1, May, 2009, pp 55 – 77
  • Bulsara, Hemantkumar; Gandhi, Shailesh; Pandurengan, Vaidehi; and Porey, P. D."Women Entrepreneurship in India: A Case Study of Phoenix Soft Toys Creation", published in a Biannual International Journal -  PCTE Journal of Business Management, PCTE, India, Vol. Jan – June, 2009, pp 111-120
  • Gandhi, Shailesh. "Gaps in GAAP: Issues in Nonprofit Accounting and Reporting in India," Accounting World, Special Issue, V:6, (July 2005), 65-78.
Working Papers

(1) Perofrmance measurement in non-profit organisations: an evaluation of financial and non-financial measures, Institute of Rural Management, Anand (IRMA) Working Paper No. 181

(2) Gaps in "GAAP': Issues in nonprofit accounting and reporting in India, IIMA working paper No. 2005-03-03

Cases

(1) Rubamin Limited (IIMA Case No. F&A/472 along with a teaching note)

Key words: strategic planning, key result areas and performance measures

(2) Whether or not to restructure? The case of Gujarat State Fertilizers & Chemicals Limited (Co-author: Prof. Ravindra Dholakia) published in Asian Case Research Journal, National University of Singapore, December 2007

Key words: Turnaround, Public Enterprise Management, Public Finance

(3) LifeCare Surgical, Cairo (Co-author: Prof. Samir Barua)

Key Words: Entrepreneurship, Strategies for Growth

 

Conferences & Workshops

  • "Coping with Tardy Growth of the Economy-Analysing Concern Areas and the Role of CMAs,"54th National Convention, the Institute of Cost Accountants of India, Ahmedabad, January 18, 2013
  • "Accounting Education and Research: Challenges for Educators," All India Accounting Conference & International Seminar, Indian Accounting Association, Rajkot, January 5,2013 (Keynote Address)
  • "Value Creation through Aligning Enterprise Performance," Regional Cost Conference, the Institute of Cost Accountants of India, Goa, November2, 2012.
  • "Co-operative Sector: Challenges and Roadmap for Restructuring – Case of Urban Cooperative Banks in Gujarat" Cooperative Convention organized by the Institute of Chartered Accountants of India held at Ahmedabad on 29thSeptember 2007.
  • "Opportunities & Challenges in the Financial Services Sector." IMT, Nagpur, June 27, 2007. 
  • "Business in the Globalised Era: Issues, Concerns, Challenges and Implications." M.S.University, Baroda, December 15, 2005. 
  • "Building Competitiveness in an Inter-connected World: Opportunities and Challenges in Financial Services Sector." Western Region Conference 2005 of Association of Indian Management Schools (AIMS) held at Ganpat Vidyanagar, Gujarat, April 16-17, 2005.

 

Consulting

 

Awards & Honors

Year Awards & Honors
since 2008-09 Member of the Cost Accounting Standards Board of the Institute of Cost Accounts of India (ICAI)

 

Thoughts

 

Staging Enabled