Anup Agrawal is a professor of Finance and Powell Chair of Finance at the

University of Alabama The University of Alabama (informally known as Alabama, UA, the Capstone, or Bama) is a Public university, public research university in Tuscaloosa, Alabama, United States. Established in 1820 and opened to students in 1831, the University of ...

. He is known for his research in

Corporate Finance Corporate finance is an area of finance that deals with the sources of funding, and the capital structure of businesses, the actions that managers take to increase the Value investing, value of the firm to the shareholders, and the tools and analy ...

and

Investments Investment is traditionally defined as the "commitment of resources into something expected to gain value over time". If an investment involves money, then it can be defined as a "commitment of money to receive more money later". From a broade ...

, including

Corporate Governance Corporate governance refers to the mechanisms, processes, practices, and relations by which corporations are controlled and operated by their boards of directors, managers, shareholders, and stakeholders. Definitions "Corporate governance" may ...

Mergers and Acquisitions Mergers and acquisitions (M&A) are business transactions in which the ownership of a company, business organization, or one of their operating units is transferred to or consolidated with another entity. They may happen through direct absorpt ...

Executive Compensation Executive compensation is composed of both the Salary, financial compensation (executive pay) and other non-financial benefits received by an Senior management, executive from their employing firm in return for their service. It is typically a mix ...

, Corporate

Innovation Innovation is the practical implementation of ideas that result in the introduction of new goods or service (economics), services or improvement in offering goods or services. ISO TC 279 in the standard ISO 56000:2020 defines innovation as "a n ...

, Corporate Fraud,

Insider Trading Insider trading is the trading of a public company's stock or other securities (such as bonds or stock options) based on material, nonpublic information about the company. In various countries, some kinds of trading based on insider informati ...

, Security Analysts, and

Market Efficiency The efficient-market hypothesis (EMH) is a hypothesis in financial economics that states that asset prices reflect all available information. A direct implication is that it is impossible to "beat the market" consistently on a risk-adjusted basi ...

Research

Agrawal has published numerous papers in the top journals in Finance, Accounting, and Law and Economics, including the

Journal of Finance ''The Journal of Finance'' is a peer-reviewed academic journal published by Wiley-Blackwell on behalf of the American Finance Association. It was established in 1946. The editor-in-chief is Antoinette Schoar. According to the ''Journal Citation R ...

, the

Journal of Financial Economics The ''Journal of Financial Economics'' is a peer-reviewed academic journal published by Elsevier, covering the field of finance. It is considered to be one of the premier finance journals. According to the ''Journal Citation Reports'', the journa ...

, the Journal of Accounting & Economics, the

Journal of Law & Economics ''The Journal of Law and Economics'' is an academic journal published by the University of Chicago Press. It publishes articles on the economic analysis of regulation and the behavior of regulated firms, the political economy of legislation and leg ...

, the

Journal of Business ''The Journal of Business'' was an academic journal published by the University of Chicago Press. It aimed to cover "a comprehensive range of areas, including business finance and investment, money and banking, marketing, security markets, business ...

, the

Journal of Financial & Quantitative Analysis The ''Journal of Financial and Quantitative Analysis'' is a peer-reviewed academic journal published eight times a year by the Michael G. Foster School of Business at the University of Washington in cooperation with the W. P. Carey School of Bu ...

. His research has received over 20,000 citations in academic papers according to

Google Scholar Google Scholar is a freely accessible web search engine that indexes the full text or metadata of Academic publishing, scholarly literature across an array of publishing formats and disciplines. Released in Beta release, beta in November 2004, th ...

. Agrawal is considered one of the most prolific authors in finance.

Editorial and academic boards

Agrawal has served on the editorial boards of several academic journals, including the ''

Journal of Corporate Finance A journal, from the Old French ''journal'' (meaning "daily"), may refer to: *Bullet journal, a method of personal organization *Diary, a record of personal secretive thoughts and as open book to personal therapy or used to feel connected to onesel ...

'', ''

International Review of Finance International is an adjective (also used as a noun) meaning "between nations". International may also refer to: Music Albums * ''International'' (Kevin Michael album), 2011 * ''International'' (New Order album), 2002 * ''International'' (The T ...

'', ''

Journal of Financial Research A journal, from the Old French ''journal'' (meaning "daily"), may refer to: *Bullet journal, a method of personal organization *Diary, a record of personal secretive thoughts and as open book to personal therapy or used to feel connected to onesel ...

'', ''Journal of Risk and Financial Management'', ''Review of Financial Economics'', ''North American Journal of Economics and Finance'', ''Finance India'', ''Journal of Small Business Management'', and ''International Review of Business & Finance''. He has also served as the academic director of the

Financial Management Association (FMA) Finance refers to monetary resources and to the study and discipline of money, currency, assets and liabilities. As a subject of study, is a field of Business Administration wich study the planning, organizing, leading, and controlling of an o ...

and as a track chair at several FMA annual meetings and the Eastern Finance Association.

Awards and honors

In 2021, Agrawal received the Burnum Distinguished Professor Award at the University of Alabama.

Selected publications

* Agrawal, A., & Knoeber, C. R. (1996). Firm performance and mechanisms to control agency problems between managers and shareholders. ''Journal of Financial and Quantitative Analysis, 31''(3), 377–397. * Agrawal, A., & Chadha, S. (2005). Corporate governance and accounting scandals. ''Journal of Law and Economics, 48''(2), 371–406. * Agrawal, A., Jaffe, J. F., & Mandelker, G. N. (1992). The post-merger performance of acquiring firms: A reexamination of an anomaly. ''Journal of Finance, 47''(4), 1605–1621. * Agrawal, A., & Knoeber, C. R. (1996). Do some outside directors play a political role? ''Journal of Law and Economics, 44''(1), 179–198. * Agrawal, A., & Mandelker, G. N. (1987). Managerial incentives and corporate investment and financing decisions. ''Journal of Finance, 42''(4), 823–837. * Agrawal, A., & Mandelker, G. N. (1990). Large shareholders and the monitoring of managers: The case of antitakeover charter amendments. ''Journal of Financial and Quantitative Analysis, 25''(2), 143–161. * Agrawal, A., & Tandon, K. (1994). Anomalies or illusions? Evidence from stock markets in eighteen countries. ''Journal of International Money and finance, 13''(1), 83–106. * Agrawal, A., & Jaffe, J. F. (1999). The post-merger performance puzzle. In C. Cooper & A. Gregory (Eds.), ''Advances in Mergers and Acquisitions 1'' (pp. 7–41). Emerald Group Publishing Limited. * Agrawal, A., & Nagarajan, N. J. (1990). Corporate capital structure, agency costs, and ownership control: The case of all-equity firms. ''The Journal of Finance, 45''(4), 1325–1331. * Agrawal, A., Jaffe, J. F., & Karpoff, J. M. (2002). Management turnover and governance changes following the revelation of fraud. ''Journal of Law and Economics, 42''(1), 23–56. * Agrawal, A., & Walkling, R. A. (1994). Executive careers and compensation surrounding takeover bids. ''The Journal of Finance, 49''(3), 985–1014. * Agrawal, A., & Jayaraman, N. (1994). The dividend policies of all-equity firms: A direct test of the free cash flow theory. ''Managerial and Decision Economics, 15''(2), 139–148. * Agrawal, A., Chadha, S., & Chen, M. A. (2006). Who is afraid of Reg FD? The behavior and performance of sell-side analysts following the SEC's fair disclosure rules. ''Journal of Business, 79''(6), 2811–2834.

References

External links

Anup Agrawal's faculty page at the University of Alabama

Anup Agrawal's Google Scholar profile
{{DEFAULTSORT:Agrawal, Anup Year of birth missing (living people) Living people American financial analysts American academics of Indian descent University of Alabama faculty University of Pittsburgh alumni