IITKGP

Jitendra Mahakud

Professor

Humanities and Social Sciences

+91-3222-283694

jmahakud@hss.iitkgp.ac.in

Responsibilities

  • Member, Internal Complaints Committee (ICC)

Research Areas

  • Investment Management
  • Banking
  • Behavioral Finance
  • Corporate Finance
  • Asset Pricing
My research has mostly focussed on various unexplored issues related to corporate finance, investment management, asset pricing, financial markets and behavioural finance. Specifically, my studies have made significant contributions in terms of the analysing the financing pattern of the Indian corporate sector, determining the factors affecting the financing decision of the companies, understanding the retail investors participation in the equity market, identifying a suitable asset pricing model for valuation of financial assets, measuring and forecasting the stock returns volatility and examining the role of macroeconomic fundamentals and irrational behaviour of market participants in the financial decision making process. The findings of my research have got major implications for macroeconomic policy makers, corporate managers and investors in India.
  • Dynamic Adjustment towards Target Capital Structure: Evidence from Indian Companies S. Mukherjee and J. Mahakud By Journal of Advances in Management Research 7 250-266 (2010)
  • Does Investor Sentiment Predict the Asset Volatility? Evidence from Emerging Stock Market India J. Kumari and J. Mahakud By Journal of Behavioral and Experimental Finance 8 25-39 (2015)
  • Relationship Between Conditional Volatility of Domestic Macroeconomic Factors and Conditional Stock Market Volatility: Some Further Evidence from India J. Kumari and J. Mahakud By Asia-Pacific Financial Markets 22 87-111 (2015)
  • Do Asset pricing Models Explain Size, Value, Momentum and Liquidity Effects? A Case of an Emerging Stock Market S.R. Dash and J. Mahakud By Journal of Emerging markets Finance 13 217-251 (2014)
  • Conditional Multifactor Asset Pricing Model and Market Anomalies S.R. Dash and J. Mahakud By Journal of Indian Business Research 5 271-294 (2013)
  • Investor Sentiment and Stock Return: Do Industries Matter? S.R. Dash and J. Mahakud By Margin: The Journal of Applied Economic Research 7 315-349 (2013)
  • Historical Market-to-Book Ratio and Corporate Capital Structure: Evidence from India S. Mukherjee and J. Mahakud By Global Business Review 13 339-350 (2012)
  • Are Trade-off and Pecking Order Theories of Capital Structure Mutually Exclusive? Evidence from Indian Manufacturing Companies S. Mukherjee and J. Mahakud By Journal of Management Research 12 41-55 (2012)
  • Co-Principal Investigator

Ph. D. Students

Abhaya Kumar Muduli

Area of Research: Financial Economics

Aditi Sen

Area of Research: Behavioural Finance

Akankshya Samal

Area of Research: Financial Inclusion

Aratee Sahu

Area of Research: Finance

Dilesh Rawal

Area of Research: Corporate Finance

Dipanwita Chakraborty

Area of Research: Behavioural Finance

Jawahar Kumar

Area of Research: Financial Economics

Kishan Kumar

Area of Research: Financial Economics

Manamani Sahoo

Area of Research: Financial Economics

Manoja Behera

Area of Research: Finance

Manoranjan Pattanaik

Area of Research: Finance

Monosiz Baisya

Area of Research: Financial Economics

Neha Joshi

Area of Research: Financial Economics

Siddhartha Barman

Area of Research: Finance

Sidhant Sahu

Area of Research: Financial Economics

Surya Kanta Mohanty

Area of Research: Finance