Suman Banerjee
Assistant Professor of Finance

Phone: (504) 865-5558
Suman.Banerjee@Tulane.edu

Areas of Interest
Corporate Control, acquisitions and mergers
Corporate Investment and Financing decisions
Financial and Product Market inter-linkages and Corporate Behavior
Contracting problems under Asymmetric Information and Imperfect Verifiability
Energy Finance and Risk Management

Education
Graduate School of Business, University of Iowa, Iowa City IA 52242
Ph.D. (Finance), July 1999
Thesis Title: Three Essays in Corporate Finance: Investments, Market Inter-linkages and Contracting
MA Date: July 1997

Delhi School of Economics, Delhi, India 110007.
M.A. Date: July 1992

Completed Research Papers
"Exotics and electron: Electric power crises and financial risk management",(with Professor Tom Noe), Current Draft October 2002.
•À¸ Accepted in Western Finance Association Meeting 2002
•À¸ Awarded best paper in risk management WFA 2002

"Crushed by a rational stampede: Strategic share dumping and shareholder insurrection", (with Professor Tom Noe and Professor Mukarram Attari), Current Draft December 2002.
•À¸ Accepted in RFS-Northwestern Conference 2002

"To pay or not to pay? The dividend dilemma of the liquid firm", (with Paul Spindt and Vladimir Gatchev), Current Draft December 2002.

"Strategic under-investment, managerial entrenchment and ownership structure of a firm", (with Mukarram Attari) Current Draft August 2002.

Work-In-Progress
"What is common between cows and board members?
Herding: A Bayesian model of board effectiveness", (with Maximiliano Gonzalez) Current Draft September 2002.

"Stock processes and slumping shoulder: Kurtosis and the market
microstructure of daily stock returns", (with Tom Noe and David Lesmond),
Current Draft October 2002.

"To join e-market or not to join: The dilemma of the retail firm", (with Amiya Chakravarty), Current Draft October 2002.

"Toehold Squeeze, Open-Market Purchases And Bargaining In Corporate Takeovers", (with Tom Noe), Current Draft July 2001.

"Cross holding, collusion and capital structure In a repeated duopoly framework", Current Draft September 2002.

Ideas-In-Progress
"Dynamic Model of Managerial Remuneration in an environment of shareholders'
learning and renegotiation proof debt", Current Draft July 2002.

"Big banks eating small banks: Endogenous structure of the U.S. banking industry
in an environment without regulation", (Preliminary idea)

"Underwriter and Under-pricing: Need to go public and other options", (with Paul Spindt) (Preliminary idea)

"Blend of politic and economics: Understanding the secrets of sovereign debt negotiation", (with John Hund) (Preliminary idea)

"Technological changes, Managerial Learning and Time Varying Risk Premium", Preliminary draft, Current Draft May 2001.

"Private debt: Flexible negotiations vs. Stringent Monitoring", (with Travis Sapp) Current draft November 2000.

Other Work
" Vertical Integration in Electric Utility Industry", (with Professor Shannon Burchett), (book chapter).

Teaching Experience
Freeman School of Business, Tulane University (1999-present)
Financial Markets (Fall 1999, 2000, Spring 2002, Fall 2002)
Corporate Risk Management (MBA level, Fall 2002)
Options (MBA level, Fall 1999)
Financial Management (MBA level, Spring 2001 and Fall 2001)
Energy Options (Entergy and Regular MBAs in collaboration with Shannon Burchett)
School of Business, The University of Iowa (1994-99)
Introductory Financial Management (Summer 1997 and Fall 1997)
Principles of Business Microeconomics (Summer 1996)

Other Professional Experiences
Confederation of Indian Industries> (Automotive Component Division)
Job Title: Junior Economist
Job Description: Part of the management team involved in developing strategies for exports and governmental concessions.

Honors
Center For Advance Studies Merit Scholarship, July 1990-92,Delhi School of Economics, Delhi 110007.
Indian University'sJunior Research Fellowship, July 1992-93 University of Delhi, Delhi 110007.
Summer Fellowship 1995 & 1998, The University of Iowa, Iowa City, IA 52242.
Beta Gamma Sigma Honorary Fellowship (1998-99)
J.F. and Jessie Lee Scinsheimer Faculty Fellow, Tulane University, New Orleans, LA 70118.
Caeserea Award for best paper in risk management, WFA 2002.

Professional Affiliation
Member of The Graduate Student Senate,The University of Iowa, August 1997 - 1999.
Member of the Financial Management Association International (FMA), August 1997 - present.
Member of the American Finance Association (AFA), July 1998 - present.
Member of the American Economic Association(AEA), August 1997 - present.

Short Biography 
Dr. Suman Banerjee is an assistant professor of finance at the A. B. Freeman School of Business at Tulane University in New Orleans. His research interests include continuous time modeling with applications to areas of corporate finance such as corporate control, mergers and acquisitions, product market - financial market inter-linkages and contracting problems.

He teaches the graduate level options pricing course, corporate risk management and financial markets (variant of fixed income security analysis) courses at the undergraduate level. He coordinates with Risk Limited on project efforts on research and publications. Dr. Banerjee is the author of many academic articles on energy risk management.

Before joining the Freeman School of Business, Dr. Banerjee obtained his doctorate degree from the finance department of the University of Iowa. In India he worked as a junior economist at the Automotive Manufacturers Association (a subsidiary of the Confederation of Indian Industries).

Dr. Banerjee was honored as a Junior Research Fellow by the Indian University Grants' Commission in 1993. He has obtained several other merit-based awards in the course of his academic career.


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Last Updated 7/30/03