Atul Gupta

Bio

Areas of interest include Corporate Finance and Financial Institutions. Current research interests relate to CFO compensation, defined benefit pension plans, and the significance of executive gender on corporate policy. Published in various journals, including The Financial Review, Financial Management, Journal of Banking and Finance, Journal of Financial Research, Journal of Financial Services Research, Journal of Monetary Economics, and the British Journal of Management.

Teaching Interests

Corporate Finance; Mergers & Acquisitions; Financial Strategy

Research Interests

Executive Compensation; Mergers & Acquisitions; International Joint Ventures; Bank Failures; Corporate Governance;

Awards and Honors

2002, Best paper in Financial Institutions, Annual meeting of the Southwest Finance Association, 2002
2001, Best paper in Financial Institutions, Annual meeting of the Southwest Finance Association, 2001
1999, Robert & Julia Dorn Professorship
1997, Citation of excellence by ANBAR Electronic Intelligence for an article in the Journal of Banking and Finance
1997, Distinguished paper award, Annual meeting of the Sothwest Finance Association, 1997
1980, Jessamon Dawe scholarship, University of Texas at Austin, 1980
1970, National Merit scholarship, University of Delhi

Publications

Journal Article(s)
Gupta, A., Raman, K., Shang, C. Social Capital and the Cost of Equity. Journal of Banking and Finance. Forthcoming

Gupta, A., Misra, L., Shi, Y. (2018). Do scandals trigger governance changes? Evidence from option backdating. Journal of Financial Research, 41 (1), 91-111.

Gupta, A., Raman, K., Shang, C. (2018). Social capital and the cost of equity. Journal of Banking and Finance, 87, 102-117.

Gupta, A., Misra, L., Shi, Y. (2017). Product-Market Competitiveness and Investor Reaction to Corporate Governance Failures. International Review of Economics and Finance, Vol. 48, pp. 134-147.

Gupta, A., Raman, K. (2014). Board diversity and CEO selection. Journal of Financial Research, Vol. 37 (4), 495-517.

Gupta, A. (2013). '6 and 1' option exchanges and stockholder wealth. Review of Accounting and Finance, 12 (2), 148-164.

Adams, S. M., Gupta, A., Leeth, J. D. (2010). Maximizing compensation: Organizational level and industry gender composition effects. Gender in Management: An International Journal, 25 (5), 366-385.

Adams, S. M., Gupta, A., Leeth, J. D. (2009). Are Female Executives Overrepresented in Precarious Leadership Positions? British Journal of Management, 20 (1), 1-12.

Adams, S. M., Gupta, A., Haughton, D. M., Leeth, J. D. (2008). Data Mining CEO Compensation. Journal of Modern Applied Statistical Methods, 7 (2), 561-576.

Adams, S. M., Gupta, A., Haughton, D. M., Leeth, J. D. (2007). Gender differences in CEO compensation: Evidence from the U.S. Women in Management Review, 22 (3), 208-224.

Gupta, A., Misra, L. (2007). Deal size, bid premium and gains in bank mergers: The impact of managerial motivations. The Financial Review, 42 (3), 373-400.

Gupta, A., Misra, L. (2002). Regulatory learning in failed thrift auctions. Journal of Banking and Finance, 26 (4), 651-669.

Gupta, A., Misra, L. (2000). The value of experiential learning in organizations: Evidence from international joint ventures. Journal of Financial Research, 23 (1), 77-102.

Gupta, A., Misra, L. (1999). Failure and failure resolution in the U.S. thrift and banking industries. Financial Management, 28 (4), 87-105.

Gupta, A. (1997). The value of a regulatory seal of approval. Journal of Financial Research, 20 (1), 111-128.

Gupta, A., LeCompte, R., Misra, L. (1997). Taxpayer subsidies in failed thrift resolution: The impact of FIRREA. Journal of Monetary Economics, 39 (2), 327-339.

Gupta, A., LeCompte, R., Misra, L. (1997). An examination of gains to acquirers of mutual thrifts in merger conversions. Journal of Financial Services Research, 11 (3), 295-318.

Gupta, A., LeCompte, R., Misra, L. (1997). Acquisitions of solvent thrifts: Wealth effects and managerial motivations. Journal of Banking and Finance, 21, 1431-1450.

Gupta, A., LeCompte, R., Misra, L. (1994). On the gains to acquiring capital stock S&Ls in merger conversions: A comment. Journal of Banking and Finance, 594-599.

Gupta, A., LeCompte, R., Misra, L. (1993). FSLIC assistance and the wealth effects of savings and loan acquisitions. Journal of Monetary Economics, 31, 117-128.

Gupta, A., Gupta, K., Iskandar, M. (1991). Societal pressures, involuntary sell-offs, and shareholder wealth. Financial Management, 13.

Gupta, A., Rosenthal, L. (1991). Ownership Structure, Leverage, and Corporate Performance: The Case of Leveraged Recapitalizations. Financial Management, 69-93. (link)

Gupta, A., McGowan Jr, C. B., Misra, L., Missirian, A. (1991). Gains from corporate multinationalism: Evidence from the China experience. The Financial Review, 26 (3), 387-408.

Gupta, A., Misra, L. (1989). Public information and pre-announcement trading in takeover stocks. Journal of Economics and Business, 41 (3), 225-233.

Gupta, A., Scofield, J. (1989). Dividend capture and the ex-dividend price behavior of electric utilities. Journal of Applied Business Research, 5 (1), 37-44.

Gupta, A., Misra, L. (1988). Illegal insider trading: Is it rampant before corporate takeovers? The Financial Review, 23 (4), 453-464.

Book Chapters
Gupta, A, Misra, L. (2010). Listing effects and the private company discount in bank acquisitions. In C. F. Lee, A. C. Lee, John Lee (Eds.), Handbook of Quantitative Finance and Risk Management (pp. 1427-1444). New York: . Springer Academic Publishers

Gupta, A. (2008). Leveraged recapitalizations and leveraged buyouts. In R.S. Vishwanath (Eds.), Advanced corporate finance (pp. 293-321). New Delhi: . Prentice-Hall

Conference Proceeding(s)
Gujarathi, M. R., Gupta, A., Raman, K. (2011). Pension Plan Returns and the Firm's Cost of Debt. American Accounting Association, Annual Meeting.

Gujarathi, M. R., Gupta, A., Raman, K. (2010). Pension Plan Returns and the Firm's Cost of Debt. Financial Management Association, FMA Annual Meeting.

Conference Presentations

Shang, C., Gupta, A., Raman, K. (2016). "Social Capital and Corporate Innovation." Presented at the Financial Management Association Annual Meeting, Las Vegas, NV.

Gupta, A., Raman, K. (2015). "Social capital and the cost of equity." Presented at the Financial Management Association's Annual conference of the Financial Management Association, Orlando, Florida.

Shang, C., Gupta, A., Raman, K. (2015). "Social Capital and Corporate Innovation." Presented at the 7th Boston Area Finance Symposium (BAFS), Boston.

Shang, C., Gupta, A., Raman, K. (2015). "Social Capital and Corporate Innovation." Presented at the Bentley University's Finance Seminar, Waltham, MA.

Gupta, A., Misra, L., Shi, Y. (2014). "Do scandals trigger governance changes? Evidence from option backdating" Presented at the Southern Finance Association's Southern Finance Association conference, Key West.

Gupta, A., Raman, K. (2014). "Social capital and the cost of equity." Presented at the University of Massachusetts-Boston's UMass-Boston research seminar, Boston.

Gupta, A., Raman, K. (2014). "Social capital and the cost of equity." Presented at the Finance department, Bentley University's Research seminar, Waltham.

Gupta, A., Raman, K. (2014). "Board diversity and CEO selection." Presented at the Financial Management Association's Financial Management Association, Nashville.

Gupta, A., Raman, K. (2013). "Board diversity and CEO selection." Presented at the Southern Finance Association Conference, Puerto Rico.

Gupta, A., Raman, K. (2013). "Female CEOs." Presented at the Southwest Finance Association, Albuquerque, New Mexico.

Gupta, A., Raman, K. (2013). "Board diversity and CEO selection." Presented at the Northeastern University Seminar, Boston.

Gupta, A., Raman, K. (2012). "Female CEOs." Presented at the Bentley Finance Seminar Series, Bentley University.

Gupta, A., Raman, K. (2012). "Female CEOs." Presented at the Concordia University Seminar Series, Montreal.

Gujarathi, M. R., Gupta, A., Raman, K. (2011). "Pension Plan Returns and the Firm's Cost of Debt." Presented at the American Accounting Association's Annual Meeting, San Francisco.

Gujarathi, M. R., Gupta, A., Raman, K. (2011). "Assumed returns on pension plans and the firm's cost of debt." Presented at the Indian Institute of Management, Bangalore's IIM Bangalore Research Seminar Series, Bangalore, India.

Gujarathi, M. R., Gupta, A., Raman, K. (2010). "Pension Plan Returns and the Firm's Cost of Debt." Presented at the Financial Management Association's FMA Annual Meeting, New York,NY.

Bayar, T., Gupta, A., Erhemjamts, O. (2010). "CFO Compensation." Presented at the Multinational Finance Association Conference, Barcelona, Spain.

Bayar, T., Gupta, A., Erhemjamts, O. (2010). "CFO Compensation." Presented at the Eastern Finance Annual Meeting, Miami Beach, FL.

Gujarathi, M. R., Gupta, A., Raman, K. (2010). "Assumed return on pension plans and the firm's cost of debt." Presented at the Binghamton University (SUNY)'s Binghamton University Research Seminar, Binghamton, NY.

Erhemjamts, O., Gupta, A., Bayar, T. (2009). "The Effect of Sarbanes-Oxley Act on CFO Compensation and Rank." Presented at the Financial Management Association, Reno, NV.

Erhemjamts, O., Gupta, A., Bayar, T. (2009). "The Effect of Sarbanes-Oxley Act on CFO Compensation and Rank." Presented at the European Financial Management Association, Milan, Italy.

Adams, S. M., Gupta, A., Haughton, D. M., Leeth, J. D. (2005). "An analysis of gender differences in CEO compensation." Presented at the 21st EGOS Colloquium, Berlin.

Service

Department Service
Committee Member for Faculty Senate, 2017 - Present

University Service
Committee Member for Academic affairs committee of the Board of Trustees, 2017 - Present
Graduate academic performance committee, 2012 - 2017
Committee Member for ELMBA review committee, 2016 - 2017
Committee Member for Faculty evaluation procedures committee, 2016 - 2017

Professional Service
Reviewer, Conference Paper for European Financial Management Association - 2016
External review of research for promotion for Fordham University - 2016
Reviewer, Journal Article for Review of Accounting and Finance - 2016
Reviewer, Conference Paper for Southwest Finance Association - 2016
Reviewer, Conference Paper for European Financial Management Association - 2015
Reviewer, Journal Article for Journal of Banking and Finance - 2015
Application for promotion and tenure, Dr. Pengfei Ye for Rensselaer Polytechnic Institute - 2015
Reviewer, Conference Paper for Southwest Finance Association - 2015
Reviewer, Conference Paper for European Financial Management Association - 2014
Application for promotion and tenure for Fordham University - 2014
Reviewer, Journal Article for Journal of Banking and Finance - 2014
Reviewer, Conference Paper for Southwest Finance Association - 2014
Reviewer, Journal Article for The Financial Review - 2014