By Sanjay Kallapur, Abdul Khizer, Hariom Manchiraju, Rajesh Vijayraghavan
Journal of Accounting and Economics | August 2025
https://doi.org/10.1016/j.jacceco.2025.101800
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 4,500 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 Rochester Institute of Technology, 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 the University of Mumbai. He is professionally qualified as a Fellow Member of the Institute of Cost Accountants of India (FCMA).

Prof. Hariom Manchiraju is an Associate Professor of Accounting at the Indian School of Business (ISB). His research examines the role of accounting information in capital markets, the economic consequences of regulation, ESG reporting, executive compensation, and corporate governance. His work has been published in leading academic journals, including Journal of Accounting Research, Journal of Accounting and Economics, The Accounting Review, Contemporary Accounting Research, and Review of Accounting Studies. He is also one of the founding editors of Accounting Theory and Practice, a research journal focused on India and published by Elsevier.
At ISB, he teaches core courses in Financial Accounting and the Financial Statement Analysis elective in the PGP program. In the FPM program (PhD equivalent), he teaches a course titled Capital Market Research in Accounting. His doctoral students have been placed at leading business schools, including the Indian Institute of Management Ahmedabad.
Prof. Manchiraju holds a PhD and MBA from the State University of New York at Buffalo, a Master of Financial Management (MFM) from Sri Sathya Sai Institute of Higher Learning, and a Bachelor’s degree in Commerce from Osmania University.
