Summer Research Conference 2023

Call for Papers
Centre for Analytical Finance, Indian School of Business, Hyderabad Campus

The Centre for Analytical Finance at the Indian School of Business (ISB), Hyderabad, India, invites submissions for its annual flagship Summer Research Conference in Finance. The conference is scheduled from July 26, 2023 to July 28, 2023. Just like before, the conference will focus on "Recent Advances in Finance."

We invite papers from all areas of Finance. Both theoretical and empirical papers are welcome. Fresh papers or papers with new ideas, concepts, or methods will be preferred.
Paper Selection
We tentatively aim to have eight papers in this year's program. Presenters can expect quality discussants, an active audience, and informal interactions with participants. 

Organizing Committee

Sumit Agarwal – Conference Co-Chair, Low Tuck Kwong Distinguished Professor of Finance at the Business School and a Professor of Economics and Real Estate at the National University of Singapore, Managing Director at the Sustainable and Green Finance Institute

Amit Goyal - Conference Co-Chair, Faculty of Business and Economics, Swiss Finance Institute, University of Lausanne 

Prasanna Tantri - Conference Co-Chair, Faculty of Finance and Executive Director at the Centre for Analytical Finance, Indian School of Business, Independent Director, Power Finance Corporation Limited. 


For presenters and discussants, we will provide a travel grant and cover local transfers, conference stay, and meals. We warmly welcome other conference participants. We hope that you can pay for travel to and from Hyderabad from your research budget or from sources such as CIBER.

Submitting Papers

Please visit Summer Research Conference 2023 (isb.edu).  Go to the paper submission page and upload the paper. 

The submission deadline is April 10, 2023.
Best Paper Award
CAF confers the best paper award, which consists of cash prize of USD 5,000 and a certificate of merit. The best paper award committee is headed by the keynote speaker. The opinion expressed by audience through an audience poll will be considered by the committee.

Best Discussant Award
CAF also confers the best discussant award to appreciate the scholarly feedback provided by the discussant. The award consists cash prize of USD 2,000 and a certificate of merit. The best discussant award committee is headed by the keynote speaker. The opinion expressed by audience through an audience poll will be considered by the committee.

About CAF and ISB

Center for Analytical Finance (CAF) is a research centre in ISB dedicated to research in all areas of finance. CAF houses researchers and data sets and its researchers are drawn from the top institutions around the world.

Indian School of Business (ISB) is a self-contained 260-acre campus with character. The campus architecture embraces boulders and rock formations typical of Hyderabad, and merges them with trees, landscaping, greenery, and graceful buildings with state of art infrastructure.

About Hyderabad

The city of Hyderabad is in Telangana, India, at an elevation of 1,755 feet. It is relatively pleasant in July with average temperatures around 75F. Hyderabad is well connected to all cities in India by air and rail. Hyderabad's international airport has won awards for design and functionality. The airport is connected to the city with a brand new 8-lane road that runs virtually all the way to the ISB campus.


Programme Committee



Vikas Agarwal

Georgia State University

Anup Agrawal

University of Alabama

Shashwat Alok

Indian School of Business

Meghana Ayyagari

George Washington University 

Turan Bali

Georgetown University

Ashok Bannerjee

IIM Calcutta

Indraneel Chakraborty

University of Miami

Sudheer Chava

Georgia Institute of Technology


Fordham University

Jaewon Choi

University of Illinois Urbana-Champaign

Souphala Chomsisengphet

Office of the Comptroller of the Currency

Tarun Chordia

Emory University

Bhagwan Chowdhry

Indian School of Business

Amil Dasgupta

London School of Economics

Prachi Deuskar

Indian School of Business

Stephen Dimmock

National University of Singapore

Naveen Gondhi


Allaudeen Hameed 

National University of Singapore

Thomas Hellmann

University of Oxford

Gerard Hoberg

University of Southern California

Kewei Hou

Ohio State University

Rajkamal Iyer

Imperial College, London

Ravi Jagannathan

Northwestern University

Apoorva Javadekar

Indian School of Business

Ankit Kalda

Indiana University

Omesh Kini

Georgia State University

Nitin Kumar

Indian School of Business

Vojislav Maksimovic

University of Maryland

Ronald Masulis

University of New South Wales

Ernst Maug

University of Mannheim

Abhiroop Mukherjee  

Hong Kong University of Science and Technology

Lakshmi Naaraayanan

London Business School

Vikram Nanda

University of Texas at Dallas

Lalitha Naveen

Temple University

Steven Ongena

University of Zurich

Yihui Pan

University of Utah

Seth Pruitt

Arizona State University

Amiyatosh Purnanandam

University of Michigan

Uday Rajan

University of Michigan

Raghavendra Rau

University of Cambridge

David Reeb

National University of Singapore

Harley E Ryan

Georgia State University

Arkodipto Sarkar

National University of Singapore

Rik Sen

University of New South Wales

Manpreet Singh

Georgia Institute of Technology

Janis Skrastins

Washington University in St.Louis

Changcheng Song

Singapore management university 

Denis Sosyura

Arizona State University

Anand Srinivasan

National University of Singapore

Anjan Thakor

Washington University in St.Louis

Ramabhadran Thirumalai

Indian School of Business

Vikrant Vig

Northwestern University

Siddharth Vij

University of Georgia

Sunil Wahal

Arizona State University

David Yermack

New York University

Keynote Speaker 2023


Manju Puri

J. B. Fuqua Professor of Finance
Editor, Review of Financial Studies
Senior Advisor, Center for Financial Research, Federal Deposit Insurance Corporation
Vice-President, Western Finance Association

Manju Puri is the J. B. Fuqua Professor of Finance at the Fuqua School of Business, Duke University. She was earlier Associate Professor of Finance at Stanford Business School, which she joined after earning her Ph.D in finance at New York University and MBA from the Indian Institute of Management, Ahmedabad.

Professor Puri has expertise in the field of empirical corporate finance and financial intermediation. Her published work spans the areas of commercial banks, investment banks, venture capital, entrepreneurship, behavioral finance, and FinTech. Her research has appeared in publications such as American Economic Review, Journal of Finance, Journal of Financial Economics, and Review of Financial Studies. She has been the recipient of the Sloan Research Fellowship as well as multiple awards from the National Science Foundation. Her publication record includes over 30 refereed papers in the top finance and economic journals. Her research has won many awards including four best paper awards at the FMA Annual Meetings, two Western Finance Association best paper awards, an All-Star award from Journal of Financial Economics, the Brennan best paper award at the Review of Financial Studies, and three Fama-DFA /Jenson best paper awards in the Journal of Financial Economics. 

Professor Puri serves as Editor of Review of Financial Studies. She earlier served as Editor of the Journal of Financial Intermediation, as well as on the editorial boards of several journals including Journal of Finance, Journal of Money, Credit and Banking, Journal of Empirical Finance, Journal of Financial Research, and Journal of Financial Services Research.   Professor Puri’s professional leadership roles include serving as Chair of the Academic Female Finance Committee (AFFECT), AFA, as a Director of the American Finance Association (AFA), and Vice-President of the Western Finance Association.  She has served as the President of the Financial Intermediation Research Society and as Director of the Financial Management Association. She is a senior academic fellow at the Asia Bureau of Finance and Economic Research and a Research Associate with the National Bureau of Economic Research (NBER).

Prof. Puri has worked with multiple regulatory authorities serving on the Financial Advisory Roundtable, Federal Reserve Bank of New York and on the Model Validation Council, Board of Governors of the Federal Reserve System. She has also served on the Bose Committee on the commission structure of financial product distributors for the Government of India, and on the Advisory Board of CAFRAL, Reserve Bank of India. She currently serves on the International Association of Deposit Insurers (IADI) Advisory Panel, Basel, and as Senior Advisor, Center for Financial Research, Federal Deposit Insurance Corporation (FDIC), and on the Advisory Panel of the Bank for International Settlements (BIS) Basel.

She has mentored a number of Ph.D students who have been placed at the leading schools and institutions including Board of Governors, Columbia, Cornell, McKinsey, MIT, Purdue, and Yale University.