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Professor Sanjay Kallapur joined the Indian School of Business in 2005 from the Krannert School of Management, Purdue University, where he was a tenured associate professor.
Professor Kallapur conducts research on financial and managerial accounting, auditing, corporate governance, and risk management. He has published in each of the top three accounting journals and his papers have been cited over 4,000 times (Google Scholar) and in regulatory policy documents in India and the UK. The American Accounting Association recently published his monograph on scientific inference in accounting research beyond the use of p-values.
He is the founding editor-in-chief of Accounting Theory and Practice, a research journal focusing on India, published by Elsevier. He has been an editor of The Accounting Review from 2008 to 2011, the first person from outside North America to be appointed to that position.
Professor Kallapur is a member of National Financial Reporting Authority (NFRA), the regulatory body overseeing the accounting and auditing of listed companies in India. He is an independent director on the Board of IDBI Bank, where he serves on the risk management and audit committees. He previously served on the Board of the Life Insurance Corporation of India.
Professor Kallapur served as associate or deputy dean for almost a decade at ISB. He started the PhD-equivalent Fellow Programme in Management at ISB and has placed his students in faculty positions at the London School of Economics, IESEG Paris, Aalto University, University of Queensland, University of Western Australia, and IIM Udaipur.
Professor Kallapur has a PhD in Business Economics from Harvard Business School, and B.Com. and M.M.S. degrees from Mumbai University. He is professionally qualified as a Fellow Member of the Institute of Cost Accountants of India (FCMA).
July , 2012: The Numbers Game, Reporting (E&Y's International Magazine).
December 15, 2011: Teachers Back in Learning Mode, Business Standard.
November 17, 2011: We're Hiring, The Wall Street Journal.
July 28, 2011: Satyam case set to drag on as 31 July deadline looms, The Mint.
June 20, 2011: Research Quotient, Times of India.
June 13, 2011: Indian B-Schools Hope Cash Bonuses Fuel Research, Wall Street Journal India Real Time.
May 3, 2011: Chairman Emeritus: India Inc's Timeless Transition, Times of India.
July 23, 2010: Retraining Faculty, Edu Tech.
January 30, 2009: Satyam and the Independent Directors, blog.
September , 2009: Quote on most influential business book, CNN International.
May 4, 2007: Interview on corporate governance in Indian Govt. Banks, India Knowledge@Wharton.
February , 2002: Mentioned my research on non-audit services, Orange Country Register.
March 31, 2002: Interviewed me on Enron-related accounting matters, The Fort Wayne Journal Gazette.
February , 2002: Interviewed me on Enron-related accounting matters, WIBC - Network Indiana Radio.
December , 2001: Need to Pull Up Auditors for Audit Failures, Rediff.com.
Kallapur, Sanjay. (2023) "Accounting Research as Bayesian Inference to the Best Explanation", Accounting, Economics, and Law: A Convivium Agarwal, Ruchi., Kallapur, Sanjay. (2021) "Four Ways to Improve Risk Reporting", California Management Review , 63 (4), 51-63 Agarwal, Ruchi., Kallapur, Sanjay. (2019) "Role of Risk Culture in Effective Implementation of Risk Governance", Risk & Compliance (Apr-Jun 2019), 134-138 Agarwal, Ruchi., Kallapur, Sanjay. (2018) "Cognitive risk culture and advanced roles of actors in risk governance: a case study", Journal of Risk Finance , 19 (4), 327-342 Nidumolu, Ram., Kallapur, Sanjay. (2015) "The CSR Law: Enabling "Extraordinary" Business", ISB Insight Dhanaraj, Charles., Kallapur, Sanjay. (2011) "Face to Face: Interview with Rajat Gupta on Research in Indian Business Schools", ISB Insight Ghosh, Aloke., Kallapur, Sanjay., Moon, Doocheol. (2009) "Audit and Non-audit Fees and Capital Market Perceptions of Auditor Independence", Journal of Accounting and Public Policy , 28 (5), 369-385 Kallapur, Sanjay. (2009) "Interview with Deepak Parekh", ISB Insight Kallapur, Sanjay., Eldenburg, Leslie. (2005) "Uncertainty, Real Options, and Cost Behavior: Evidence from Washington State Hospitals", Journal of Accounting Research , 43 (5), 735-752 Kallapur, Sanjay., Kwan, Sabrina. (2004) "The Value Relevance and Reliability of Brand Assets Recognized by UK Firms", The Accounting Review , 59 (1), 151-172 Kallapur, Sanjay. (2003) "Discussion of Contratcts Valuation Assessment Noise and Cross- Border Listing of Equities on U.S and U.K Stock Markets: A Discussion of Ndizibu and Wallace", International Journal of Accounting , 38 (4), 421–425 Chung, Hyeesoo., Kallapur, Sanjay. (2003) "Client Importance, Non-audit Services, and Abnormal Accruals", The Accounting Review , 78 (4), 931-955 Kallapur, Sanjay. (2002) "Accounting, Auditing and Corporate Governance in the wake of Enron", Visristi, Official Journal of the Jamnalal Institute of Management Studies Kallapur, Sanjay., Ali, Ashiq. (2001) "Securities Price Consequences of the Private Securities Litigation Reform Act of 1995 and Related Events", The Accounting Review , 76 (3), 431-460 Kallapur, Sanjay., Trombley, Mark. (2001) "The Investment Opportunity Set : Determinants, Consequences and Measurement", Managerial Finance , 27 (3), 3-15 Eldenburg, Leslie., Kallapur, Sanjay. (2000) "The Effects of Changes in Cost Allocations on The Assesment of Cost Containment Regulation in Hospitals", Journal of Accounting and Public Policy , 19 (1), 97-112 (16 pages) Kallapur, Sanjay., Trombley, Mark. (1999) "The Association Between Growth Proxies and Realized Growth", journal of Business Finance and Accounting , 26, 505-519 Eldenburg, Leslie., Kallapur, Sanjay. (1997) "Changes in Hospital Service Mix and Cost Allocations in Response to Changes in Medicae Reimbursement Schemes", Journal of Accounting and Economics , 23 (1), 31-51 Kallapur, Sanjay., Trombley, Mark. (1997) "Financial Statement Information and Realized Growth", Journal of Financial Statement Analysis , 18-28 Barth, Mary., Kallapur, Sanjay. (1996) "The Effects of Cross-Sectional Scale Differences on Regression Results in Empirical Accounting Research", Contemporary Accounting Research , 13 (2), 527-567 Kallapur, Sanjay. (1994) "Dividend Payout Ratios as Determinants of Earnings Response Coefficients: A Test of the Free Cash Flow Theory", Elsevier , 17 (3), 359-375
Chintha, BullipeReddy., Kallapur, Sanjay. (2023) "Hierarchical Bayesian models in accounting: A tutorial -- Online appendix to Monograph", Kallapur, Sanjay. (2022) "Beyond p<0.05: Scientific inference in accounting research", AAA Studies in Accounting Research Series , 85,000 words Kallapur, Sanjay., Krishnan, Ranjani. (2009) "Management Accounting in India. In Chapman, C.S., A.G. Hopwood and M.D. Shields (eds). Handbook of Management Accounting", Elsevier
Kallapur, Sanjay. "Econometric Identification of Causal Effects: Graphical Causal Models in Practice" Chakraborty, Bitan., Kallapur, Sanjay., Mahapatro, Sriniwas., Tantri, Prasanna. "Bankruptcy Law And Equity Capital: Evidence From India" Bae, Gil., Choi, Seung Uk., Kallapur, Sanjay. "Does Regulator Selection of Auditors Improve Audit Quality? Evidence from Auditor Designation in Korea" Kallapur, Sanjay., Pochiraju, Bhimasankaram. "Scientific Research and Causal Inference" Agarwal, Ruchi., Kallapur, Sanjay., Dwivedi, Sanjiv. "Organizational Challenges in controlling fraud: A Case Study" Bae, Gil., Kallapur, Sanjay., Lee, Jae. "Can Regulators Identify and Deter Systematic Audit Quality Deficiencies among Big 4 Partners? Evidence from Korea"