Educational Background

Degrees granted/granting universities:

• Ph.D., Louisiana State Univeristy, Baton Rouge, LA
• MBA, Louisiana State Univeristy, Baton Rouge, LA
• MS, Louisiana State University, Baton Rouge, LA
  Major: Mechanical Engineering
• BS, Panjab University, Chandigarh, India
  Major: Mechanical Engineering

Current research and teaching interest:

• Corporate Finance
• Investments
• Real Estate Finance

Teaching Profession

Courses regularly taught:

• Investments
• Corporate Finance
• Theory of Finance

Most Significant Publications

• "Bond Calls, Credible Commitment, and Equity Dilution: A Theoretical and Clinical Analysis of Simultaneous Tender and Call (STAC) Offers," (with Thomas H. Noe, and Gabriel G. Ramírez) Journal of Financial Economics, 2001, Vol 60, No 2-3.

• "A November Effect? Revisiting the Tax-Loss-Selling Hypothesis," (with Harjeet Bhabra and Gabriel G. Ramírez) Financial Management, 1999, Vol 28, No.4. Winter.

• "An Empirical Analysis of Double Versus Walrasian Auction Pricing in U.S. and Japanese Futures Market" (with Dennis Lasser and Taiji Watanabe), Journal of Banking and Finance, 1997, Vol. 21, No. 7, July , 1045-1061.
  

• "Resolution of Financial Distress: Chapter 11 Reorganizations, Prepackaged Bankruptcies, and Workouts" (with Sris Chatterjee and Gabriel G. Ramirez), Financial Management, , 1996, Vol. 25 No.1, Spring, 5-18.
  

• "Coercive Debt Tender and Exchange Offers in High Yield Restructurings: An Empirical Analysis" (with Sris Chatterjee and Gabriel G. Ramirez), Journal of Financial Economics, 1995, Vol. 38 No.3, July, 333-360.
  

• "The Effect of Dividend Changes on Stock and Bond Prices" (with Herb Johnson), Journal of Finance , 1994, Vol. 49 No.1, March, 281-289.
  

• "Employee Stock Ownership and Corporate Control: An Empirical Study" (with Gabriel G. Ramirez), Journal of Banking and Finance, 1994, Vol. 18 No.1, , 9-26.
  

• "Bond and Stock Market Response to Unexpected Earnings Announcements" (with Sudip Datta), Journal of Financial and Quantitative Analysis, 1993, Vol. 28 No.4, December, 565-577.
  

• "Changes in The Standard & Poor's 500 List" (with Herb Johnson), Journal of Business , 1991, Vol. 64 No.1, January , 75-85.
  

• "Choosing Between Fixed and Adjustable Rate Mortgages" (with James D. Shilling and Clemon F. Sirmans ), Journal of Money, Credit, and Banking , 1987, Vol. 19 No.2, May, 260-26.

Selected Recognitions

• Chancellor's Award for Excellence in Teaching, State University of New York, 1996.
  
• University Award for Excellence in Teaching, State University of New York at Binghamton, 1996.
• Graduate Professor of the Year, School of Management, 1995-1996.
  
• Graduate Professor of the Year, School of Management, 1994-1995.
  
• Chicago Board of Trade award for best paper in Futures and Options, FMA, 1991.