Faculty

Overview

I am currently a clinical Associate Professor in the Finance area. At ISB, I have taught various courses such as Corporate finance, Investment Analysis, Options & Futures, Advanced Portfolio Management, Value investing, Investing in private equity, Capital raising strategies in corporations, Econometrics, Theory of Finance etc. I have also taught at Tulane University and BITS PIlani -- Hyderabad campus.

My research interests include corporate governance, institutional investment behaviour, and links between financial and product markets. I have published research in leading journals such as Journal of Financial Economics, Review of Financial Studies, Journal of Financial Markets, The Accounting Review etc. My current interests are at the intersection of Economics and Deep Learning.

I earned my Ph D (Finance and Econometrics) degree from Michigan State University, my PGDM from IIM Bangalore, preceded by a B.Tech from NIT Warangal.

Education

• Ph D (Finance), Michigan State University 2000
• Post Graduate Diploma in Management (Finance), Indian Institute of Management 1994
• Bachelor of Technology (Electronics and Communication Engineering), Regional Engineering College (Now NIT) 1992

Research

Published Papers

Sonti, Ramana.,Charles Hadlock. (2012) "Financial Strength and Product Market Competition: Evidence from Asbestos Litigation", Journal of Financial and Quantitative Analysis , 47 (1), 179-209 Sonti, Ramana.,M S Cichello.,C E Fee.,C J Hadlock. (2009) "Promotions, Turnover, and Performance Evaluation: Evidence from the Careers of Division Managers", The Accounting Review , 84 (4), 1119-1143 Sonti, Ramana.,Naveen Khanna.,Thomas H Noe. (2008) "Good IPOs draw in bad: Inelastic banking capacity and hot markets", Review of Financial Studies , 21 (5), 1873-1906 Sonti, Ramana.,Naveen Khanna. (2004) "Value creating stock manipulation: Feedback effect of stock prices on firm value", Journal of Financial Markets , 7 (3), 237-270 Sonti, Ramana.,Scott Gibson.,Assem Safieddine. (2004) "Smart investments by smart money: Evidence from seasoned equity offering", Journal of Financial Economics , 72 (3), 581-604

Cases

Anand, Lalita.,Sonti, Ramana. "Fortis Health Care Ltd 2012", Anand, Lalita.,Sonti, Ramana. "Sahrudaya Healthcare Ltd 2017",

Other

Sonti, Ramana.,Nupur Pavan Bang.,Thirumalai, Ramabhadran. "Share pledges and Market reactions,”Risk Intelligence, Global Association of Risk Professionals (GARP)",

Working Papers

Sonti, Ramana.,Thomas H. Noe.,Michael J. Rebello. "Mechanisms, markets, and monitors: A theory of endogenous choice of governance mechanisms in market equilibrium" Bang, Nupur.,Sonti, Ramana.,Thirumalai, Ramabhadran. "Market reaction to share pledges: Evidence from India"