Sanjay Kallapur

Sanjay Kallapur is a Professor of Accounting at the Indian School of Business (ISB). He joined ISB 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 has held positions as Associate Dean and 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).
- PhD in Business Economics, Harvard University, 1990
- MBA in Finance, University of Bombay, 1985
- B.Com. in Financial Accounting and Auditing, University of Bombay, 1983
Academic positions
- 2007 - Present: Professor, Indian School of Business
- 2006 - 2007: Associate Professor of Accounting, Indian School of Business
- 2006 - 2006: Visiting Associate Professor, National University of Singapore
- 2005 - 2006: Visiting Associate Professor of Accounting, Indian School of Business
- 2004 - 2006: Associate Professor of Management, Purdue University
- 1998 - 2004: Assistant Professor of Management, Purdue University
- 2002 - 2003: Visiting Assistant Professor, University of California at Irvine
- 1991 - 1998: Assistant Professor of Accounting, University of Arizona
- 1996 - 1996: Visiting Assistant Professor of Accounting, Hongkong University of Science and Technology
- 1989 - 1990: Instructor, Economics Department, Harvard University
- Kallapur, Sanjay. (2024) "Enhancing Student Engagement With Custom GPTs", AACSB Insights
- 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
- Kallapur, Sanjay. (2009) "Interview with Deepak Parekh", 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., 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
- November 27, 2018: , The Economic Times.
- June 7, 2018: , Business Standard.
- April , 2018: , Careers360.
- March , 2018: , The Indian Express.
- February , 2018: , Bloomberg.
- 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.
- September , 2009: Quote on most influential business book, CNN International.
- January 30, 2009: Satyam and the Independent Directors, blog.
- May 4, 2007: Interview on corporate governance in Indian Govt. Banks, India Knowledge@Wharton.
- March 31, 2002: Interviewed me on Enron-related accounting matters, The Fort Wayne Journal Gazette.
- February , 2002: Mentioned my research on non-audit services, Orange Country Register.
- 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.