Manju Puri is an economist who currently works as the J. B. Fuqua Professor of Finance at the

Fuqua School of Business The Fuqua School of Business (pronounced ) is the business school of Duke University in Durham, North Carolina. It enrolls more than 1,300 students in degree-seeking programs. Duke Executive Education also offers non-degree business education and ...

Duke University Duke University is a private research university in Durham, North Carolina. Founded by Methodists and Quakers in the present-day city of Trinity in 1838, the school moved to Durham in 1892. In 1924, tobacco and electric power industrialist James ...

. She is an editor at the ''

Review of Financial Studies ''The Review of Financial Studies'' is a peer-reviewed academic journal covering the field of finance. It is published by Oxford University Press on behalf of the Society for Financial Studies. It was established following discussions at the 19 ...

'' and currently the director of the American Finance Association. Puri is director of the Center for Financial Research at the

Federal Deposit Insurance Corporation The Federal Deposit Insurance Corporation (FDIC) is one of two agencies that supply deposit insurance to depositors in American depository institutions, the other being the National Credit Union Administration, which regulates and insures cred ...

(FDIC). In 2015–2016, she was on the

Federal Reserve Board The Board of Governors of the Federal Reserve System, commonly known as the Federal Reserve Board, is the main governing body of the Federal Reserve System. It is charged with overseeing the Federal Reserve Banks and with helping implement the mon ...

Model Validation Council.

Career and education

Puri has a Ph.D. in finance from

New York University New York University (NYU) is a private research university in New York City. Chartered in 1831 by the New York State Legislature, NYU was founded by a group of New Yorkers led by then-Secretary of the Treasury Albert Gallatin. In 1832, the ...

and holds an MBA from the

Indian Institute of Management The Indian Institutes of Management (IIMs) are central government-owned-public business schools for management offering undergraduate, postgraduate, doctoral and executive programmes along with some additional courses in the field of busine ...

in Ahmedabad. Before her career as an academic, she was a corporate banking executive at

HSBC HSBC Holdings plc is a British multinational universal bank and financial services holding company. It is the largest bank in Europe by total assets ahead of BNP Paribas, with US$2.953 trillion as of December 2021. In 2021, HSBC had $10.8 tri ...

in London and Mumbai. She started her academic career as an assistant professor at

Stanford University Stanford University, officially Leland Stanford Junior University, is a private research university in Stanford, California. The campus occupies , among the largest in the United States, and enrolls over 17,000 students. Stanford is consider ...

and was promoted to associate professor in 2000. She left Stanford in 2003 to join

. She has held visiting positions at the

Reserve Bank of India The Reserve Bank of India, chiefly known as RBI, is India's central bank and regulatory body responsible for regulation of the Indian banking system. It is under the ownership of Ministry of Finance, Government of India. It is responsible for ...

(2018–2019), the

University of Amsterdam The University of Amsterdam (abbreviated as UvA, nl, Universiteit van Amsterdam) is a public research university located in Amsterdam, Netherlands. The UvA is one of two large, publicly funded research universities in the city, the other being ...

(2005), the

Federal Reserve Bank of New York The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States. It is responsible for the Second District of the Federal Reserve System, which encompasses the State of New York, the 12 northern counties of New ...

(2004 and 2012) and

Yale University Yale University is a private research university in New Haven, Connecticut. Established in 1701 as the Collegiate School, it is the third-oldest institution of higher education in the United States and among the most prestigious in the wo ...

(1997-98).

Research

Puri's research focuses on empirical

corporate finance Corporate finance is the area of finance that deals with the sources of funding, the capital structure of corporations, the actions that managers take to increase the Value investing, value of the firm to the shareholders, and the tools and anal ...

financial intermediation A financial intermediary is an institution or individual that serves as a middleman among diverse parties in order to facilitate financial transactions. Common types include commercial banks, investment banks, stockbrokers, pooled investment funds ...

banking A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because ...

venture capital Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which ha ...

and

entrepreneurship Entrepreneurship is the creation or extraction of economic value. With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values th ...

. She has published in the Journal of Finance, the Review of Financial Studies, the Journal of Financial Economics and the American Economic Review. Her paper "Deposit Inflows and Outflows in Failing Banks: The Role of Deposit Insurance" (with Chris Martin and Alexander Brenden Ufier) has won the best paper award from Financial Asset Management association. Her works have been cited more than 14000 times according to

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

. Her research has been quoted in

The New York Times ''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid ...

Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...

CNBC CNBC (formerly Consumer News and Business Channel) is an American basic cable business news channel. It provides business news programming on weekdays from 5:00 a.m. to 7:00 p.m., Eastern Time, while broadcasting talk sho ...

Fox Business Fox Business (officially known as Fox Business Network, or FBN) is an American business news channel and website publication owned by the Fox News Media division of Fox Corporation. The channel broadcasts primarily from studios at 1211 Avenue ...

and

The Atlantic ''The Atlantic'' is an American magazine and multi-platform publisher. It features articles in the fields of politics, foreign affairs, business and the economy, culture and the arts, technology, and science. It was founded in 1857 in Boston, ...

Selected bibliography

* Hellmann, Thomas; Puri, Manju (2002). "Venture Capital and the Professionalization of Start-Up Firms: Empirical Evidence". The Journal of Finance. 57 (1): 169–197. * Hellmann, Thomas; Puri, Manju (2000-10-01). "The Interaction between Product Market and Financing Strategy: The Role of Venture Capital". The Review of Financial Studies. 13 (4): 959–984. * Iyer, Rajkamal; Puri, Manju (2012/06). "Understanding Bank Runs: The Importance of Depositor-Bank Relationships and Networks". American Economic Review. 102 (4): 1414–1445. * Graham, John R.; Harvey, Campbell R.; Puri, Manju (2013-07-01). "Managerial attitudes and corporate actions". Journal of Financial Economics. 109 (1): 103–121.

References

{{DEFAULTSORT:Puri, Manju Living people 21st-century American economists Purdue University Financial economists Duke University faculty American women economists New York University alumni Indian Institute of Management Ahmedabad alumni Stanford University faculty Year of birth missing (living people) 21st-century American women