Venkat Subramaniam
Associate & Exxon Professor of Finance

Areas of Interest

Research:  Financing Choices, Corporate Restructuring, Capital Structure & Product Market Interactions, Corporate Governance.

Teaching:  Corporate Finance, Financial Institutions, Valuation Theory.

Education

• Ph.D., Finance, University of Texas, Austin, TX.
• M.A., Mathematics, Temple University, Philadelphia, PA.
• M.Sc., Mathematics, Indian Institute of Technology, Kanpur, India.
• B.Sc. (Honors), Mathematics, University of Delhi, New Delhi, India.

Academic appointments

A. B. Freeman School of Business, Tulane University, 1994 - present.
        Associate Professor & Exxon Professor of Finance, July 2000 – present.
        Associate Dean for Graduate Programs, July 2007 – June 2008.
        Director, Master of Finance Program, July 2002 – June 2007.
        Assistant Professor of Finance, July 1994 – June 2000.

Department of Finance, University of Texas, Austin, TX.
        Graduate Assistant, August 1990 – May 1994.

College of Science & Technology, Department of Mathematics, Temple University, Philadelphia, PA.
        Graduate Assistant, August 1988 – July 1990.

Publications in Refereed Journals

• "Labor Unions and Product Quality Failures" with Omesh Kini, Mo Shen, and Jaideep Shenoy, 2021 Management Science, Forthcoming.



• " Bank lenders as matchmakers? Evidence from when acquirers and targets share a common lender" with Ted Fee, Maobin Wang, and Yi Zhang, 2019 Pacific-Basin Finance Journal, Vol. 56, No. 7, 248 – 272.



• "The Composite Dividend Tax Rate" with Deen Kemsley and Paddy Sivadasan, 2018 Accounting & Business Research, Vol. 48, No. 7, 727 – 758.



• "Impact of Financial Leverage on the Incidence and Severity of Product Failures: Evidence from Product Recalls" with Omesh Kini and Jaideep Shenoy, 2017, Review of Financial Studies, Vol. 30, No. 5, 1790 – 1829.



• "Are there Monitoring Benefits to Institutional Ownership? Evidence from Seasoned Equity Offerings" with Ilhan Demiralp, Ranjan D'Mello and Fred Schlingemann, 2011, Journal of Corporate Finance, Vol. 17, No. 5, pp. 1340-1359.



• "Firm Structure and Corporate Cash Holdings," with Tony Tang, Heng Yue, and Cindy Zhou, 2011, Journal of Corporate Finance, Vol. 17, No. 3, pp. 759-773.



• "Does Investor Identity Matter in Equity Issues? Evidence from Private Placements," with Srini Krishnamurthy, Paul Spindt, and Tracie Woidtke, 2005, Journal of Financial Intermediation, Vol. 15, No. 2, pp. 210-238.



• "The Impact of Capital structure on Efficient Sourcing and Strategic Behavior," with Sudha Krishnaswami, November 2000, Financial Review, Volume 35, No. 4, 9-30.



• "Information Asymmetry, Valuation, and the Corporate Spin-off Decision," with Sudha Krishnaswami, July 1999, Journal of Financial Economics, Volume 53, No. 1, 73-112.
  
  Reprinted in Critical Writings in Financial Economics, Richard Roll (series editor), volume on Empirical Corporate Finance, Michael Brennan (volume editor) May 2001, Edward Elgar Publishing, U.K.



• "Information Asymmetry, Monitoring, and the Placement Structure of Corporate Debt," with Sudha Krishnaswami and Paul Spindt, March 1999, Journal of Financial Economics, Volume 51, Number 3, 407-434.
  
  Also summarized in the CFA Digest, Fall 1999.



• "Efficient Sourcing and Debt Financing in Imperfect Product Markets," September 1998, Management Science, Volume 44, Number 9, 1167-1178. (lead article)



• "Underinvestment, Debt Financing and Long-term Supplier Relations," October 1996, Journal of Law, Economic, & Organization, Volume 12, Number 2, 459-477.

Research Impact

• Over 550 citations of my published research papers, excluding self-cites, in articles published in the journals covered by the Social Science Citation Index. (Source: Web of Science Social Science Citation Index).



• Over 2,500 Google Scholar citations of my research papers.

Academic Honors

     Research

• Outstanding Contribution in Reviewing, Journal of Banking and Finance, 2017.



• Exxon Professor, 2000-present, A. B. Freeman School of Business, Tulane University.



• 1999 Outstanding Young Researcher Award, A. B. Freeman School of Business, Tulane University. (Best researcher among Assistant Professors).



• Freeman Faculty Fellow, 1999-2000, A. B. Freeman School of Business, Tulane University. (Summer research grant).



• 1998 Outstanding Young Researcher Award, A. B. Freeman School of Business, Tulane University. (Best researcher among Assistant Professors).



• Freeman Faculty Fellow, 1998-1999, A. B. Freeman School of Business, Tulane University. (Summer research grant).



• 1997 Outstanding Young Researcher Award, A. B. Freeman School of Business, Tulane University. (Best researcher among Assistant Professors).



• J.F., Jr. and Jessie Lee Seinsheimer Fellow, 1997-1998, A. B. Freeman School of Business, Tulane University. (Summer research grant).



• 1994 Outstanding Doctoral Student Paper Award, Southwestern Finance Association, for "Efficient Sourcing and Debt Financing in Imperfect Product Markets."



• University Doctoral Fellowship, University of Texas at Austin, 1993-1994.



• Robert B. Williamson Excellence Award, University of Texas at Austin, 1992-1993.

• 2011 James T. Murphy Award for Teaching Excellence, A.B. Freeman School of Business, Tulane University. (Best teacher award, chosen by the dean.)



• 2009 Houston Professional MBA Professor of the Year Award, A.B. Freeman School of Business, Tulane University. (Best teacher award, voted by the Houston PMBA students.)



• 2007 Howard W. Wissner Professor of the Year Award, A.B. Freeman School of Business, Tulane University. (Best teacher award, voted by the undergraduate students.)



• 2005 Houston Professional MBA Professor of the Year Award, A. B. Freeman School of Business, Tulane University. (Best teacher award, voted by the Houston PMBA students.)



• 2004 Houston EMBA Outstanding Professor Award, A. B. Freeman School of Business, Tulane University. (Best teacher award, voted by the Houston EMBA students.)



• 2004 Entergy EMBA Outstanding Professor Award, A. B. Freeman School of Business, Tulane University. (Best teacher award, voted by the Entergy EMBA students.)



• 2003 Executive MBA Outstanding Professor Award, A. B. Freeman School of Business, Tulane University. (Best teacher award, voted by the EMBA students.)



• 2002 James T. Murphy Award for Teaching Excellence, A.B. Freeman School of Business, Tulane University. (Best teacher award, chosen by the dean.)



• 2002 Executive MBA Outstanding Professor Award, A. B. Freeman School of Business, Tulane University. (Best teacher award, voted by the EMBA students.)



• 2001 Inspirational Professor award for Teaching Excellence in the Undergraduate Program, Tulane University. (Award winner chosen by a university-wide committee.)



• 2000 President’s Award for Teaching Excellence, Tulane University. (The highest university-wide teaching award; chosen by the university President.)



• 2000 Howard W. Wissner Professor of the Year Award, A.B. Freeman School of Business, Tulane University. (Best teacher award, voted by MBA students.)



• 1999 Howard W. Wissner Professor of the Year Award, A.B. Freeman School of Business, Tulane University. (Best teacher award, voted by MBA students.)



• 1999 James T. Murphy Award for Teaching Excellence, A.B. Freeman School of Business, Tulane University. (Best teacher award, chosen by the dean.)



• 1998 James T. Murphy Award for Teaching Excellence, A.B. Freeman School of Business, Tulane University. (Best teacher award, chosen by the dean.)



• 1997 Executive MBA Outstanding Professor Award, A. B. Freeman School of Business, Tulane University. (Best teacher award, voted by the EMBA students.)



• 1997 University Teaching Excellence Award, Tulane University. (Award winner chosen by a university-wide committee.)



• 1996 Howard W. Wissner Professor of the Year Award, A.B. Freeman School of Business, Tulane University. (Best teacher award, voted by undergraduate students.)



• 1995 Howard W. Wissner Professor of the Year Award, A.B. Freeman School of Business, Tulane University. (Best teacher award, voted by undergraduate students.)



• MBA & BSM Teacher Honor Roll, A. B. Freeman School of Business – Named to the Honor Roll in virtually every semester I taught at the school (the Honor Roll system was discontinued in 2011).

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