Madhu Veeraraghavan

T.A. PAI Management Institute, Finance Area

Professor of Finance

Bangalore

Manipal, Karnataka 576104

India

  • T.A. PAI Management Institute, Finance Area

    • Email
    • Tel: +91-820-2701030
SCHOLARLY PAPERS

38

DOWNLOADS
Rank 4,608

SSRN RANKINGS

Top 4,608

in Total Papers Downloads

9,157

SSRN CITATIONS
Rank 14,692

SSRN RANKINGS

Top 14,692

in Total Papers Citations

28

CROSSREF CITATIONS

34

Scholarly Papers (38)

Actions:
Email selected abstracts
1.

Are Momentum Strategies Profitable? Evidence from Singapore

Number of pages: 45 Posted: 01 Mar 2009
Vikash Ramiah, Tony Naughton (Deceased) and Madhu Veeraraghavan
RMIT University - School of Economics, Finance and Marketing, RMIT University - School of Economics, Finance and Marketing and T.A. PAI Management Institute, Finance Area
Downloads 1,479 (12,427)

Abstract:

Loading...

Momentum, Turnover Ratio, Past Returns, Singapore, Multifactor

2.

Anomalies and Stock Returns: Australian Evidence

Downloads 676 ( 39,032)
Citation 1

Anomalies and Stock Returns: Australian Evidence

Number of pages: 30 Posted: 23 Jul 2007 Last Revised: 06 Nov 2008
Philip Gharghori, Ronald Lee and Madhu Veeraraghavan
Monash University, Monash University and T.A. PAI Management Institute, Finance Area
Downloads 673 (38,663)
Citation 1

Abstract:

Loading...

Anomalies, Fama-French model, Size effect, BE/ME effect

Anomalies and Stock Returns: Australian Evidence

Accounting & Finance, Vol. 49, Issue 3, pp. 555-576, September 2009
Number of pages: 22 Posted: 08 Oct 2009
Philip Gharghori and Madhu Veeraraghavan
Monash University and T.A. PAI Management Institute, Finance Area
Downloads 3 (683,158)
  • Add to Cart

Abstract:

Loading...

3.

Value Versus Growth: Australian Evidence

Downloads 554 ( 50,658)
Citation 6

Value Versus Growth: Australian Evidence

Number of pages: 36 Posted: 04 May 2007 Last Revised: 26 Dec 2007
Philip Gharghori, Sebastian Stryjkowski and Madhu Veeraraghavan
Monash University, Monash University and T.A. PAI Management Institute, Finance Area
Downloads 553 (50,153)
Citation 4

Abstract:

Loading...

Multifactor Model, Book-to-market equity effect, Size effect

Value Versus Growth: Australian Evidence

Accounting & Finance, Vol. 53, Issue 2, pp. 393-417, 2013
Number of pages: 25 Posted: 04 May 2013
Philip Gharghori, Sebastian Stryjkowski and Madhu Veeraraghavan
Monash University, Monash University and T.A. PAI Management Institute, Finance Area
Downloads 1 (707,772)
  • Add to Cart

Abstract:

Loading...

Book‐to‐market effect, Positive and negative earnings, Value‐growth effect

4.

The Impact of Spin and Tone on Stock Returns and Volatility: Evidence from Firm-Issued Earnings Announcements and the Related Press Coverage

Number of pages: 56 Posted: 17 Apr 2008 Last Revised: 18 May 2008
Shibley Sadique, Francis Haeuck In and Madhu Veeraraghavan
Monash University - Department of Accounting, Monash University - Department of Accounting and T.A. PAI Management Institute, Finance Area
Downloads 486 (59,858)
Citation 12

Abstract:

Loading...

Earnings press release, Spin in earnings information, Tone, Stock market reaction

5.

Price Reaction to Rights Issues in the Indian Capital Market

Number of pages: 41 Posted: 08 May 2007
Vijaya B. Marisetty, Alastair Marsden and Madhu Veeraraghavan
RMIT University, University of Auckland - Business School and T.A. PAI Management Institute, Finance Area
Downloads 431 (69,280)
Citation 4

Abstract:

Loading...

price reaction, rights issues, disclosure regulation, informed trading, event study

6.

National Culture and Corporate Cash Holdings around the World

Journal of Banking and Finance, Vol. 50, 2015
Number of pages: 55 Posted: 02 Jan 2012 Last Revised: 15 May 2017
Yangyang Chen, Yiwen (Paul) Dou, S. Ghon Rhee, Cameron Truong and Madhu Veeraraghavan
City University of Hong Kong (CityUHK) - Faculty of Business, Macquarie University, University of Hawaii at Manoa - Shidler College of Business, Monash University and T.A. PAI Management Institute, Finance Area
Downloads 401 (75,545)
Citation 7

Abstract:

Loading...

Cash holdings; National culture; Individualism; Uncertainty avoidance

7.

Delayed Price Discovery and Momentum Strategies: Evidence from Vietnam

Downloads 366 ( 84,007)

Delayed Price Discovery and Momentum Strategies: Evidence from Vietnam

Number of pages: 37 Posted: 02 May 2007
Cameron Truong, Madhu Veeraraghavan and Mai Truc Thi Nguyen
Monash University, T.A. PAI Management Institute, Finance Area and Ho Chi Minh City Securities Trading Centre
Downloads 235 (134,743)
Citation 1

Abstract:

Loading...

Momentum, Turnover Ratio, Past Returns, Price Limits, Vietnam

Delayed Price Discovery and Momentum Strategies: Evidence from Vietnam

20th Australasian Finance & Banking Conference 2007 Paper
Number of pages: 37 Posted: 23 Aug 2007
Madhu Veeraraghavan, Mai Truc Thi Nguyen and Cameron Truong
T.A. PAI Management Institute, Finance Area, Ho Chi Minh City Securities Trading Centre and Monash University
Downloads 131 (227,083)

Abstract:

Loading...

8.

Individualism, Uncertainty Avoidance, and Earnings Momentum in International Markets

Downloads 351 ( 88,132)

Individualism, Uncertainty Avoidance, and Earnings Momentum in International Markets

23rd Australasian Finance and Banking Conference 2010 Paper
Number of pages: 47 Posted: 10 Oct 2010
Yiwen (Paul) Dou, James E. Hunton, Cameron Truong and Madhu Veeraraghavan
Macquarie University, Bentley University - Department of Accountancy, Monash University and T.A. PAI Management Institute, Finance Area
Downloads 223 (141,837)

Abstract:

Loading...

Individualism, Uncertainty Avoidance, and Earnings Momentum in International Markets

Finance and Corporate Governance Conference 2011 Paper
Number of pages: 47 Posted: 01 Dec 2010
Yiwen (Paul) Dou, James E. Hunton, Cameron Truong and Madhu Veeraraghavan
Macquarie University, Bentley University - Department of Accountancy, Monash University and T.A. PAI Management Institute, Finance Area
Downloads 128 (231,236)

Abstract:

Loading...

post-earnings announcement drift, individualism, earnings momentum, uncertainty avoidance, culture

9.

Emotions and Managerial Judgment: Evidence from Sunshine Exposure

Number of pages: 60 Posted: 25 May 2017 Last Revised: 29 Oct 2019
Chen Chen, Yangyang Chen, Jeffrey Pittman, Edward Podolski and Madhu Veeraraghavan
Monash University - Department of Accounting, City University of Hong Kong (CityUHK) - Faculty of Business, Memorial University of Newfoundland (MNU) - Faculty of Business Administration, Deakin University and T.A. PAI Management Institute, Finance Area
Downloads 320 (97,687)
Citation 1

Abstract:

Loading...

Weather-induced mood; Optimism; Management earnings forecasts

10.

Is Trading on Earnings Surprises a Profitable Strategy? Canadian Evidence

Number of pages: 35 Posted: 13 Mar 2011
Mark Chudek, Cameron Truong and Madhu Veeraraghavan
Monash University, Monash University and T.A. PAI Management Institute, Finance Area
Downloads 315 (99,422)

Abstract:

Loading...

post-earnings announcement drift, earnings surprise, revenue surprise, arbitrage risk

11.

Heuristics of Representativeness, Anchoring and Adjustment, and Leniency: Impact on Earnings' Forecasts By Australian Analysts

Number of pages: 38 Posted: 27 Jun 2007
Alastair Marsden, Madhu Veeraraghavan and Min Ye
University of Auckland - Business School, T.A. PAI Management Institute, Finance Area and University of Auckland
Downloads 315 (99,422)
Citation 1

Abstract:

Loading...

analyst forecasts, earnings revisions, forecast revisions, forecast changes

12.

The Extra-Organizational Determinants of Innovation: Sunshine Exposure and Inventor Performance

Number of pages: 66 Posted: 24 May 2016 Last Revised: 17 Oct 2019
Yangyang Chen, Po-Hsuan Hsu, Aleksandra Kacperczyk, Edward Podolski and Madhu Veeraraghavan
City University of Hong Kong (CityUHK) - Faculty of Business, National Tsing Hua University - Department of Quantitative Finance, London Business School, Deakin University and T.A. PAI Management Institute, Finance Area
Downloads 290 (108,776)
Citation 1

Abstract:

Loading...

mood; inventor performance; innovation; creativity

13.

Local Gambling Preferences and Corporate Innovative Success

Journal of Financial and Quantitative Analysis (JFQA), Vol. 49, No. 1, Feb. 2014, pp. 77–106, FIRN Research Paper
Number of pages: 59 Posted: 07 Feb 2014 Last Revised: 22 Jul 2014
Yangyang Chen, Edward Podolski, S. Ghon Rhee and Madhu Veeraraghavan
City University of Hong Kong (CityUHK) - Faculty of Business, Deakin University, University of Hawaii at Manoa - Shidler College of Business and T.A. PAI Management Institute, Finance Area
Downloads 277 (114,234)
Citation 10

Abstract:

Loading...

Innovation, Catholics-to-Protestants ratio, Gambling preferences, CEO overconfidence

14.

Media Coverage and IPO Pricing Around the World

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 60 Posted: 24 Oct 2017 Last Revised: 18 Jan 2019
Yangyang Chen, Abhinav Goyal, Madhu Veeraraghavan and Leon Zolotoy
City University of Hong Kong (CityUHK) - Faculty of Business, University College Cork, T.A. PAI Management Institute, Finance Area and University of Melbourne - Melbourne Business School
Downloads 271 (116,853)
Citation 1

Abstract:

Loading...

Media coverage, IPO pricing, information asymmetry

15.

Individualism, Uncertainty Avoidance and the Profitability of Momentum Strategies in International Markets

Number of pages: 65 Posted: 02 Apr 2010 Last Revised: 22 Apr 2010
Yiwen (Paul) Dou, Cameron Truong and Madhu Veeraraghavan
Macquarie University, Monash University and T.A. PAI Management Institute, Finance Area
Downloads 226 (140,452)

Abstract:

Loading...

Post-earnings announcement drift, Individualism, Price momentum, Earnings Momentum, Uncertainty avoidance, Culture

16.

National Culture and Corporate Innovation

Pacific-Basin Finance Journal, Forthcoming
Number of pages: 43 Posted: 15 Aug 2014 Last Revised: 22 Apr 2017
Yangyang Chen, Edward Podolski and Madhu Veeraraghavan
City University of Hong Kong (CityUHK) - Faculty of Business, Deakin University and T.A. PAI Management Institute, Finance Area
Downloads 223 (142,253)

Abstract:

Loading...

National culture; Corporate innovation; Individualism; Uncertainty-avoidance

17.

The Impact of Managerial Mood on Public Firms’ Decisions: Evidence from Corporate Tax Avoidance

Number of pages: 56 Posted: 10 Nov 2017 Last Revised: 13 Dec 2019
Yangyang Chen, Rui Ge, Jeffrey Pittman, Madhu Veeraraghavan and Leon Zolotoy
City University of Hong Kong (CityUHK) - Faculty of Business, Shenzhen University - Shenzhen Audencia Business School, Memorial University of Newfoundland (MNU) - Faculty of Business Administration, T.A. PAI Management Institute, Finance Area and University of Melbourne - Melbourne Business School
Downloads 198 (159,195)

Abstract:

Loading...

Weather; Managerial Mood; Tax Avoidance

18.

Spin in Earnings Information and Stock Returns

Number of pages: 30 Posted: 26 Feb 2007
Francis Haeuck In, Shibley Sadique and Madhu Veeraraghavan
Monash University - Department of Accounting, Monash University - Department of Accounting and T.A. PAI Management Institute, Finance Area
Downloads 194 (162,197)

Abstract:

Loading...

Earnings press release, Media coverage of earnings information, Bias in earnings information, Stock market reaction

19.

Is Difference of Opinion Among Investors a Source of Risk?

Number of pages: 30 Posted: 15 Feb 2008
Philip Gharghori, Madhu Veeraraghavan and Quin See
Monash University, T.A. PAI Management Institute, Finance Area and Monash University
Downloads 191 (164,521)

Abstract:

Loading...

Multifactor Model, Difference of Opinion, Analysts' Earnings Forecasts, Maximum Share Turnover, Value Anomaly

20.

Selecting Australian Equity Superannuation Funds: A Retail Investor's Perspective

EFMA 2002 London Meetings
Number of pages: 32 Posted: 20 Jun 2002
Michael E. Drew, Jon D. Stanford and Madhu Veeraraghavan
Griffith University, University of Queensland - School of Economics and T.A. PAI Management Institute, Finance Area
Downloads 186 (168,473)
Citation 3

Abstract:

Loading...

Superannuation funds, Australia, Performance persistence, Past performance

21.

Post-Earnings Announcement Drift: Evidence from the Corporate Bond Market

25th Australasian Finance and Banking Conference 2012
Number of pages: 55 Posted: 20 Aug 2012 Last Revised: 26 Nov 2012
Xiaoting Wei, Cameron Truong and Madhu Veeraraghavan
Monash University, Monash University and T.A. PAI Management Institute, Finance Area
Downloads 183 (171,052)

Abstract:

Loading...

22.

Does Managerial Skill Facilitate Corporate Innovative Success?

Journal of Empirical Finance 34, 313-326, December 2015
Number of pages: 40 Posted: 02 Jul 2014 Last Revised: 19 Apr 2016
Yangyang Chen, Edward Podolski and Madhu Veeraraghavan
City University of Hong Kong (CityUHK) - Faculty of Business, Deakin University and T.A. PAI Management Institute, Finance Area
Downloads 157 (195,325)
Citation 2

Abstract:

Loading...

Managerial ability; Corporate innovation; Managerial remuneration

23.

Informed Options Trading Prior to Takeovers – Does the Regulatory Environment Matter?

Journal of International Financial Markets, Institutions and Money, Vol. 27, No. 1, 2013
Number of pages: 38 Posted: 09 Jan 2011 Last Revised: 13 May 2014
Edward Podolski, Cameron Truong and Madhu Veeraraghavan
Deakin University, Monash University and T.A. PAI Management Institute, Finance Area
Downloads 154 (198,540)
Citation 1

Abstract:

Loading...

Takeovers, Informed trading, Market efficiency, Market regulation

24.

Analyst Bias, Firm Characteristics, and Stock Returns in the Australian Stock Market

Number of pages: 39 Posted: 02 Apr 2010
Shibely Sadique, Francis Haeuck In and Madhu Veeraraghavan
Monash University, Monash University - Department of Accounting and T.A. PAI Management Institute, Finance Area
Downloads 150 (202,936)
Citation 3

Abstract:

Loading...

Optimistic bias, firm characteristics, investor reaction

25.

Do Busy Boards Add Value to Standalone Firms Relative to Business Groups? Evidence from India

Number of pages: 32 Posted: 13 Mar 2011
Sugato Chakravarty, Vijaya B. Marisetty and Madhu Veeraraghavan
Purdue University, RMIT University and T.A. PAI Management Institute, Finance Area
Downloads 120 (241,807)

Abstract:

Loading...

26.

Factors Affecting the Birth and Fund Flows of Commodity Trading Advisors

Number of pages: 31 Posted: 02 Apr 2010 Last Revised: 12 Sep 2011
Viet Minh Do, Robert W. Faff, Paul Lajbcygier and Madhu Veeraraghavan
Monash University - Department of Accounting, University of Queensland, Monash University - Department of Banking & Finance and T.A. PAI Management Institute, Finance Area
Downloads 100 (275,040)

Abstract:

Loading...

27.

Performance Persistence in Hedge Funds: Australian Evidence

Number of pages: 32 Posted: 11 Mar 2010
Viet Minh Do, Robert W. Faff and Madhu Veeraraghavan
Monash University - Department of Accounting, University of Queensland and T.A. PAI Management Institute, Finance Area
Downloads 90 (294,327)
Citation 1

Abstract:

Loading...

Persistence, hedge funds, stock selection, market timing

28.

Cash Holdings and Bond Returns Around Takeovers

International Review of Financial Analysis 46, 1-11, July 2016 Forthcoming
Number of pages: 43 Posted: 01 May 2014 Last Revised: 06 Jun 2016
Edward Podolski, Cameron Truong and Madhu Veeraraghavan
Deakin University, Monash University and T.A. PAI Management Institute, Finance Area
Downloads 87 (300,673)

Abstract:

Loading...

Takeovers, Cash Holdings, Agency Conflicts, Financial Constraints, Shareholder Power

29.

Terrorist Attacks, Investor Sentiment, and the Pricing of Initial Public Offerings

Number of pages: 56 Posted: 30 Jul 2019 Last Revised: 04 Nov 2019
Yangyang Chen, Abhinav Goyal, Madhu Veeraraghavan and Leon Zolotoy
City University of Hong Kong (CityUHK) - Faculty of Business, University College Cork, T.A. PAI Management Institute, Finance Area and University of Melbourne - Melbourne Business School
Downloads 68 (346,871)

Abstract:

Loading...

terrorist attacks, investor sentiment, IPO pricing

30.

Soft Information and Economic Activity: Evidence from the Beige Book

Number of pages: 33 Posted: 02 Sep 2010
Shibley Sadique, Francis Haeuck In, Madhu Veeraraghavan and Paul Wachtel
Monash University - Department of Accounting, Monash University - Department of Accounting, T.A. PAI Management Institute, Finance Area and New York University - Stern School of Business
Downloads 68 (346,871)
Citation 3

Abstract:

Loading...

Beige Book, Tone

31.

Factors Affecting the Birth and Fund Flows of CTAS

Downloads 59 (372,944)

Factors Affecting the Birth and Fund Flows of CTAS

Midwest Finance Association 2012 Annual Meetings Paper
Number of pages: 28 Posted: 03 Oct 2011
Viet Minh Do, Robert W. Faff, Paul Lajbcygier and Madhu Veeraraghavan
Monash University - Department of Accounting, University of Queensland, Monash University - Department of Banking & Finance and T.A. PAI Management Institute, Finance Area
Downloads 59 (378,267)

Abstract:

Loading...

Commodity trading advisors, fund flows, flow–performance relation, smart money effect

Factors Affecting the Birth and Fund Flows of CTAs

Australian Journal of Management, Vol. 41, No. 2, 2016
Posted: 04 May 2016
Viet Minh Do, Robert W. Faff, Madhu Veeraraghavan, Mikhail Tupitsyn and Paul Lajbcygier
Monash University - Department of Accounting, University of Queensland, T.A. PAI Management Institute, Finance Area, Monash Business School and Monash University - Department of Banking & Finance

Abstract:

Loading...

Commodity trading advisors, flow-performance relation, fund flows, smart money effect

32.

Does High Quality Auditing Mitigate or Encourage Private Information Collection?

Contemporary Accounting Research, Forthcoming
Number of pages: 45 Posted: 09 May 2014 Last Revised: 15 May 2017
Yangyang Chen, M. Shibley Sadique, Bin Srinidhi and Madhu Veeraraghavan
City University of Hong Kong (CityUHK) - Faculty of Business, Rajshahi University, University of Texas at Arlington - Department of Accounting and T.A. PAI Management Institute, Finance Area
Downloads 47 (413,032)

Abstract:

Loading...

Audit Quality; Private Information Collection; Idiosyncratic Return Volatility; Information Asymmetry

33.

Board Gender Diversity, Family-Connected Directors and Firm Value

Number of pages: 34 Posted: 05 Oct 2018
Sudheer Reddy, Madhu Veeraraghavan and Aditya Jadhav
T A Pai Management Institute, T.A. PAI Management Institute, Finance Area and IBS Hyderabad, IFHE University
Downloads 39 (444,355)

Abstract:

Loading...

Board Gender Diversity, Family Firms, Family Directors, Female Directors

34.

Do Progressive Social Norms Affect Economic Outcomes? Evidence from Corporate Takeovers

Journal of Empirical Finance, Forthcoming
Number of pages: 52 Posted: 11 Jan 2017
Yangyang Chen, Edward Podolski, S. Ghon Rhee and Madhu Veeraraghavan
City University of Hong Kong (CityUHK) - Faculty of Business, Deakin University, University of Hawaii at Manoa - Shidler College of Business and T.A. PAI Management Institute, Finance Area
Downloads 36 (456,925)

Abstract:

Loading...

Religion, Corporate takeovers, Mainline Protestants, Behavioral finance

35.

Why Do Firms Engage in Politics? The Role of External Oversight

Number of pages: 46 Posted: 28 May 2019
Edward Podolski and Madhu Veeraraghavan
Deakin University and T.A. PAI Management Institute, Finance Area
Downloads 27 (500,296)

Abstract:

Loading...

Political donations; Institutional ownership; Analyst following

36.

Underwriting in the Australian IPO Markets: Determinants and Pricing

Number of pages: 65 Posted: 29 May 2019
Alastair Marsden, Zoltan Murgulov, S. Ghon Rhee and Madhu Veeraraghavan
University of Auckland - Business School, Monash University - Department of Banking and Finance, Monash Business School, University of Hawaii at Manoa - Shidler College of Business and T.A. PAI Management Institute, Finance Area
Downloads 22 (529,043)

Abstract:

Loading...

Initial public offerings; Commitments test entity; Underwriting; Bookbuild; Australian Securities Exchange

37.

Large Trade Based Manipulation: Beyond the Prosecuted Cases

Journal of Corporate Finance, Vol. 42, 2017
Posted: 09 Nov 2017
Suman Neupane, S. Ghon Rhee, Kulunu Vithanage and Madhu Veeraraghavan
Griffith University - Department of Accounting, Finance and Economics, University of Hawaii at Manoa - Shidler College of Business, Griffith University- Department of Accounting, Finance and Economics and T.A. PAI Management Institute, Finance Area

Abstract:

Loading...

Manipulation, Trade-based manipulation, Pump-and-dump scheme, Indian IPOs

38.

CEO Risk‐Taking Incentives and the Cost of Equity Capital

Journal of Business Finance & Accounting, Vol. 42, Issue 7-8, pp. 915-946, 2015
Number of pages: 32 Posted: 22 Oct 2015
Yangyang Chen, Cameron Truong and Madhu Veeraraghavan
City University of Hong Kong (CityUHK) - Faculty of Business, Monash University and T.A. PAI Management Institute, Finance Area
Downloads 0 (691,693)
  • Add to Cart

Abstract:

Loading...

executive compensation, deltas, vegas, implied cost of equity capital