Dr. Krishna Prasanna P
Professor
Ph.D., University of Madras, 2004.
M.Phil, Osmania University, 1990
M.Com , Osmania University, 1988
M.B.A. (Finance),University of Madras
+91-44-2257 4571
pkp[at]iitm[.]ac[.]in
Office : DoMS 301
Areas of Interest
- Teaching Interests
- Financial Management
- Financial Accounting
- Security Analysis and Portfolio Management
- International Finance
- Corporate Governance
- Research Interests
- Corporate Governance
- Stock Market Analysis
- Corporate Finance
- Fixed Income Markets
- Financial Risk management
Publications
- Journal Papers
- Rintu Anthony and Krishna Prasanna "Sovereign Bonds in Emerging Asia: Do Investors Demand Liquidity Premium? " The Journal of Fixed Income, https://jfi.pm-research.com/content/early/2019/10/15/jfi.2019.1.079
- Krishna Prasanna and Sowmya, "Yield curve in India and its interactions with the US bond Market", International Economics and Economic Policy, 2016, DOI: 10.1007/s10368-016-0340-8
- Krishna Prasanna and Sowmya, "Linkages in the term structure of interest rates across sovereign bond markets", Emerging Markets Review, 2016, DOI: 10.1016/j.ememar.2016.05.001
- Krishna Prasanna and Geetha, "Governance and risk interdependencies among family owned firms", Corporate Ownership & Control Journal, 2016, Vol. 13, No. 2, pp.390-407
- Krishna Prasanna and Geetha, "Impact of family ownership on idiosyncratic risk", International Journal of Corporate Governance, 2016, Vol. 7, No. 4, pp.325-349
- Krishna Prasanna P, (2013) Impact of corporate governance regulations on Indian stock market volatility and efficiency, International Journal of Disclosure and Governance; Palgrave Macmillan; Vol.10, No.1,pp.1–12. doi:10.1057/jdg.2011.28; published online 8 December 2011.
- Krishna Prasanna P, (2013) Introduction of Derivative Trading & Impact on the Volatility of Underlying Spot Market, Finance India, March 2013 ,Vol. XXVII No 1.
- Anish S Menon and Krishna Prasanna P,(2012), The Speed of Stock Price Adjustments to Market Wide Information in India, Asia Pacific Journal of Financial Studies, Black well publishers, Vol. 41,No.1, pp.541–562 doi:10.1111/j.2041-6156.2012.01085.x _ 2012.
- Anish S menon and Krishna Prasanna P,(2013), Speed Of Information Adjustment In Indian Stock Indices , IIMB Management Review, Elsevier Publication.
- Krishna Prasanna P and Anish S Menon,(2012),Corporate Governance and Stock Market Liquidity in India, International Journal of Behavioral Accounting and Finance, Inderscience Journal;Vol.3,No.1,pp.24-45.
- Krishna Prasanna P, (2012), Performance of Exchange-Traded Funds in India ,International Journal of Business and Management, Vol.7,No.23,pp.122-142.
- Krishna Prasanna P and AnishS.Menon,(2012) Information assimilation among Indian Stocks: Impact of turnover and firm size, Journal of Contemporary Management Research, Special Issue, 1-12, pp.48-67.
- Krishna Prasanna P, (2008)Foreign Institutional Investors-investment preferences in India, Journal of Administration &Governance, Monash University, Australia, Vol.3. No.2,pp.40-51
- Krishna Prasanna P, (2008)Forecasting Foreign Institutional Investment in India using ARIMA model, Journal of Emerging financial Markets, Vol.1, No.1,pp.65-84.
- Krishna Prasanna P, (2008)Relative Strength Index of BRIC Currencies, Journal of Management Research Vo.7,No.1,pp.77-85.
- Krishna Prasanna P, (2008)Global Acquisitions and Market reactions: A case study of Corus acquisition by Tata Steel, Global Management Review,Vol.2,Issue 4, PP.22-36.
- Krishna Prasanna P, (2008)Nifty returns : Replication ,SCMS Journal of Indian Management ,Vol.5, No.3, pp.102-118.
- Krishna Prasanna P, (2007) “Experimental Research in Behavioural Finance”,Journal of Management Research,Vol.6, No.2, pp.7-25.
- Velappan Shalini , Krishna Prasanna, (2016), Impact of the financial crisis on Indian commodity markets: Structural breaks and volatility dynamics, Energy Economics, Vol.53 pp.40–57.
- Sowmya S and Krishna Prasanna, (2016), Interdependencies among Asian Sovereign Bond Markets, Studies in Economics and Finance, Vol.34(4),pp.485-505.
- Sowmya S and Krishna Prasanna, (2017)Yield curve interactions with the macroeconomic factors during global financial crisis among Asian markets; International Review of Economics and Finance (https://www.sciencedirect.com/science/article/pii/S1059056017303453).
- Saranya K and Krishna Prasanna, (2017), Genetic Algorithm Based Portfolio Optimization with Higher Moments: Evidence from International Stock Markets, Journal of Risk, Accepted for Publication.
- Krishna Prasanna P.(2014) Firm level governance quality and dividend decisions: Evidence from India, International Journal of Corporate Governance, Vol.5(3),pp.197– 222.
- Saranya K and Krishna Prasanna, (2017), Estimating Stochastic Volatility with Jumps and Asymmetry in Asian Markets; Finance Research Letters.
- Krishna Prasanna, Ramanathan Geeta, Bharat Arora , 2017, Family Ownership , Earnings Informativeness , Role of Audit Committees: An Empirical investigation in India; Review of Economics and Finance, Vol.9(3),pp.57-70.
- Velappan Shalini , Krishna Prasanna, (2015), Financial Crisis and Financialization Acuity on the Diversification Benefits of Commodities: A Stochastic Asset Allocation Framework, Asian Economic and Financial Review, Vol. 5(4), pp. 693-708.
- Saranya K and Krishna Prasanna, 2014, Portfolio Selection and Optimization with Higher Moments: Evidence from the Indian Stock Market, Asia-Pacific Financial Markets, Vol.21(2), pp 133–149.
- KrishnaPrasanna P., Thenmozhi M and Nimit Rana , 2014 , Determinants of Non- Performing Advances in Indian Banking System, Journal of Bank and Bank systems,Vol.9(2),pp.65-77.
- Krishna Prasanna, Bharat Bansal ,2014, Foreign Institutional Investments and Liquidity of Stock Markets: Evidence from India , International Journal of Economics and Finance, Vol. 6 (6), pp.103-118.
- Krishna Prasanna P., (2006) Corporate Governance- Independent Directors and Financial Performance: An empirical Analysis,SSRN’selibrary,9 th CMC of Indian Institute of Capital markets, http://papers.ssrn.com/sol3/papers.cfm?abstract_id=877807..
- Krishna Prasanna P., (2007) Corporate Governance across Countries, Global Management Review, Vo.1 (4), pp.70-78.
- Krishna Prasanna P., (2006) Corporate Governance: Independent Directors and Expectations Gap: An empirical Analysis, Journal of Corporate Governance, Vol.5 (2), pp.56-72.
- Krishna Prasanna P., (2005), Corporate Governance and Directors Remuneration, The Chartered Accountant, Vol.53, (11), pp.1483-1489.
- Krishna Prasanna P., (2004), Corporate Governance and companies Amendment Bill, Southern Economist, Vol.43,( 4), pp.15-19.
- Krishna Prasanna P., (2004), Audit Committee Prescription Vs. Practice, 2004, Journal of Corporate Governance, Vol.11(3), pp.21-31.
- Krishna Prasanna P.,AnishS.Menon,(2012) Information assimilation among Indian Stocks: Impact of turnover and firm size, Journal of Contemporary Management Research, Special Issue, 1-12, pp.48-67.
- “Advertisements and Cultural Transformation”, ICFAI Press,Global CEO, July 2005
- Capital Account Convertibility in India, Treasury management, July 2006
- Indian Accounting Standards : A comparison with IFRS, Accounting World, Aug, 2007
- Rupee Appreciation in Forex Markets, Treasury management, June 2007
- Ban on Participatory Notes and Stock markets’ Reactions , Portfolio Organizer,Jan 2008
- Capital Inflows and Participatory notes, Treasury management, Jan 2008
- Exchange traded currency Derivatives in India ,Treasury Management , May2008
- Forex Derivative losses in India , treasury Management, June, 2008
- Volatility Index: The new asset class: Portfolio Organizer, June 2008
Conferences
- Presented Paper on "Determinants of Non Performing Loans in Indian Banking System" , International conference in Economics and finance –ARC 2013at Kochi, 25-26, July 2013.
- "Impact of Financial crisis on Indian Commodity Markets: Structural breaks and Volatility dynamics", the 51st Meeting of the EWGFM and 1st Conference of the Research Centre for Energy Management (RCEM) to be held in London at the ESCP Europe campus, on 16-18, May 2013.
- “Portfolio Risk Management with Higher Moments in Global Stock Markets”, accepted for presentation At 3rd Global Accounting, Finance and Economics conference to be held at Melbourne, Australia during 5-7, May 2013.
- "Portfolio Optimization with Higher Moments: Evidence from Indian Stock Market", presented in India Finance Conference held at Indian Institute of Management Calcutta during ,19-21 Dec 2012.
- Presented Paper on "Information Assimilation among Indian Stocks: Impact of Turnover and Firm size", Athenaeum 2012, BIM Trichy during Feb 11-12, 2012. Won Best Paper Award.
- Presented Paper on "Foreign Institutional Investment and liquidity of Stock Market: Evidence from India", International conference on Frontier Global issues in Accounting and Finance organized by Research Development Association , Jaipur , Jan 5-6, 2012. Won Best Paper Award.
- Presented Paper on "The speed of stock price adjustment to market wide information in India", India Finance Conference, IIMB, Bangalore Dec 21-23, 2011.
- Presented Paper on "Corporate Governance and Stock Market Liquidity in India", 2nd Finance and Corporate Governance conference, 28-29, April 2011, Melbourne, Australia.
- Presented Paper on "Corporate Governance and dividend Payout", 10-12, Jan 2011, International Conference, IIMC Kolkata.
- Presented Paper on “Corporate Governance: Stock market Volatility and efficiency”, 9-10,Jan 2009,International conference on business and Finance , organized by IBS, Hyderabad.
- Presented Paper on “Shaking hands across the National Divide: How foreign collaborators succeed in India”, 18-19Dec2008 , International conference on Financial Risk Management – Innovative Tools and Techniques , organized by IBS Chennai. Joint paper with Dr. Joseph Johnson, University of Miami
- Presented Paper on "Impact of Foreign Institutional Investment on Indian Stock Markets" , 27-29 Dec, 2007 , International conference on Emerging Financial markets organized by International center for finance ,PSG Institute of Management , Coimbatore.
- Presented Paper on “Foreign Institutional Investors-investment preferences in India” 12-14, Feb,2007, 8th International conference on Quality, Innovation and Knowledge management organized by Monash University in New Delhi.
- Research Paper titled “Corporate Governance – Independent Directors and Financial Performance: An empirical Analysis” was Presented in Ninth Capital Markets Conference Organized by Indian institute of Capital Markets on 19-20, December 2005.
- Research Paper titled “Corporate Governance – Independent Directors an Expectations gap: An empirical Analysis” was presented in International Conference on Business and Finance Organized by ICFAI Business School, Hyderabad on 22-23, December 2005.
- Presented a paper on “Auditing Services and Challenges” in UGC organized sponsored National Seminar Organized by Department of Commerce, University of Madras on 28 March, 2003.
- Presented a paper on “Corporate Governance in India- Implementation of Birla Committee code” , ( based on selected companies) in UGC organized sponsored National Seminar Organized by Department of Management Studies, University of Madras on 21 Feb, 2003.
- Presented Paper on “Corporate Governance” in UGC sponsored Seminar Organized by Department of Political Science, University of Madras on 29-30, April 2002.
Award and Honours
- Qualified in UGC NET in 1992.
- Won Best Paper Awards for the following papers
- "Determinants of Non Performing Loans in Indian Banking System", International conference in Economics and finance –ARC 2013 at Kochi, 25-26, July 2013.
- "Information Assimilation among Indian stocks: Impact of turnover and firm size", presented at Athenaeum 2012, Feb 11-12, 2012 at BIM Trichy.
- "Foreign institutional investment and liquidity of Stock market: Evidence from India", presented at International conference on Frontier Global issues in Accounting and Finance organized by Research Development Association, Jaipur, Jan 5-6, 2012.
- "Impact of Foreign Institutional Investment on Indian Stock Markets", presented at International conference on Emerging Financial markets organized by International center for finance PSG Institute of Management, Coimbatore, 27-29, Dec 2007.
- Linkages in term structure of interest rates across sovereign bond markets. 5 1st Eastern Finance Association Annual Conference, April 11-15, New Orleans, U.S.A.
Research in Progress
- Saranya and Krishna Prasanna, Jump Contagion across International Stock Markets
- Suraj Kumar and Krishna Prasanna, Global Financial Crisis: Dynamics of Liquidity Risk in Emerging Asia
