Qualification: 
Ph.D, MBA, MSc, BCom
rajivnair@am.amrita.edu
Phone: 
0476 – 2808109

Dr. Rajiv Nair is an Associate Professor and Chairperson in the Department of Management, Amrita Vishwa Vidyapeetham, Amritapuri Campus. He earned his Ph. D. on "The Effect of CSR Disclosures On Investors’ Interests: Evidence From India" from Deakin University, Melbourne, Australia. Rajiv has double Masters - an M. Sc. in Analysis, Design and Management of Information Systems from the London School of Economics and Political Science (UK) and an MBA (Finance) from the University of Stirling, Scotland (UK). He is qualified for membership to the Chartered Institute of Management Accountants (CIMA), UK.

He has over two decades of industry experience in the UK and the Middle East with blue chip multi-national companies such as Unilever, Fonterra, Coca-Cola, Dubai Properties, Etisalat. He started his career with BirdsEye Walls, Unilever, UK in 1991. His career has placed him in senior managerial, policy influencing positions where his ability to integrate processes and develop business solutions has complemented his analytical skills and strategic planning. His areas of experience include cost management, budgetary procedures & controls, ERP implementation and MIS.

Research

Rajiv is an active researcher on the effects of CSR disclosures on financial transparency and agency costs. Sections of his thesis have been published in category A journal (ABDC rankings) - Pacific Basin Finance Journal. His research has also been presented at A tier conferences such as Accounting and Finance Association of Australia and New Zealand (AFAANZ) 2019 and Financial Markets and Corporate Governance (FMCG) Conference, Australia, 2018. He has been the principal supervisor of students’ research projects and has co-authored papers with them on mandatory CSR disclosures, shareholder wealth and capital structure of firms.

Research Interests

  • Corporate Social Responsibility (CSR)
  • CSR disclosures
  • Integrated reporting
  • Sustainability
  • Corporate ethics

Teaching Interests

  • Cost Management
  • Strategic Management
  • Self-Awareness and Personality Growth
  • Strategic Corporate Social Responsibility
  • Working Capital Management
  • FinTech Services Management

Publications

Publication Type: Journal Article

Year of Publication Title

2019

M. Venkata Amuktha and Rajiv Nair, “Corporate Social Responsibility and Shareholder Wealth- Evidence From Indian Manufacturing Sector”, International Journal of Innovative Technology and Exploring Engineering , vol. 8, no. 8, pp. 3335-3340, 2019.[Abstract]


Despite the positive societal implications of corporate social responsibility (CSR), there remains an extensive debate regarding its consequences for firm shareholders. This study posits that marketing capability plays a complementary role in the CSR–shareholder wealth relationship. It further argues that the influence of marketing capability will be higher for CSR types with verifiable benefits to firm stakeholders (i.e., consumers, employees, channel partners, and regulators). An analysis utilizing secondary information for a large sample of 1,725 firms for the years 2000–2009 indicates that the effects of overall CSR efforts on stock returns and idiosyncratic risk are not significant on their own but only become so in the presence of marketing capability. Furthermore, the results reveal that although marketing capability has positive interaction effects with verifiable CSR efforts—environment (e.g., using clean energy), products (e.g., providing to economically disadvantaged), diversity (e.g., pursuing diversity in top management), corporate governance (e.g., limiting board compensation), and employees (e.g., supporting unions)—on stock returns (and negative interaction effects with these CSR efforts on idiosyncratic risk), it has no significant interaction effect with community-based efforts (e.g., charitable giving).

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2019

A. G Sreekumar and Rajiv Nair, “Capital Structure Decision and Survival of Firms: A Dividend Approach”, International Journal of Innovative Technology and Exploring Engineering , vol. 8, no. 8, pp. 81-86, 2019.

2019

K. S and Rajiv Nair, “Does Mandatory CSR Legislation Facilitate Earnings Management? Evidence from India”, International Journal of Innovative Technology and Exploring Engineering , vol. 8, no. 7, pp. 2865-2868, 2019.

2019

Rajiv Nair, Muttakin, M., Khan, A., Subramaniam, N., and Somanath, V. S., “Corporate Social Responsibility Disclosure and Financial Transparency: Evidence from India”, Pacific-Basin Finance Journal (ABDC - A Category), vol. 56, pp. 330 - 351, 2019.[Abstract]


Disclosures are expected to foster financial transparency and improve the quality of information available to investors. Previous research has examined the role of non-financial disclosures in achieving this goal. Corporate social responsibility (CSR) disclosure has been widely employed as representative of non-financial disclosure. Recent legislation in some countries mandating non-financial disclosure makes this debate even more pertinent. We investigate the role of CSR disclosure in financial transparency in India, where mandatory CSR disclosure is required for firms to meet the thresholds set by the Companies Act 2013. Our investigation straddles mandatory disclosure regime and considers different classes of investors. Our findings suggest that CSR disclosure improves financial transparency during mandatory disclosure regime. We also find that ownership by the retail investors strengthens the association between CSR disclosure and financial transparency. However, we fail to document any significant effects of ownership by the institutional investors on the association between CSR disclosure and financial transparency.

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Publication Type: Conference Paper

Year of Publication Title

2019

A. M and Rajiv Nair, “Corporate Social Responsibility and Share Holder Value of Manufacturing Companies”, in International Conference on Fostering Economic Transformation through Inclusive Business: Innovate and Inspire , Manipal Institute of Technology, School of Management, Centre for Advanced Research in Financial Inclusion, 2019.

2019

K. S and Rajiv Nair, “Does Mandatory CSR Legislation Facilitate Earnings Management: Evidence from India”, in International Conference on Fostering Economic Transformation through Inclusive Business: Innovate and Inspire (Received best paper award) , Manipal Institute of Technology, School of Management, Centre for Advanced Research in Financial Inclusion, 2019.

2019

Rajiv Nair, Muttakin, A. Khan Moham, Subramaniam, N., and Somanath, V., “Corporate Social Responsibility Disclosure, Business Group and Agency Costs: Evidence from India”, in Accounting and Finance Association of Australia and New Zealand (AFAANZ 2019) , Brisbane, Australia, 2019.

2018

Rajiv Nair, Muttakin, M., Khan, A., Subramaniam, N., and Somanath, V., “CSR Disclosure and Financial Transparency: Evidence From India”, in 9th Financial Management and Corporate Governance Conference, LaTrobe University, Melbourne, Australia, 2018.

2015

Rajiv Nair and Jyotishi, A., “What’s in a name? Reviewing the Genesis of CSR’”, in Inclusive Growth & Profits with Purpose, IMRA-IIMB, 2015.

Dr. Rajiv Nair’s tenure in industry has been built in blue-chip companies such as Unilever, Coca-Cola Middle East and Fonterra (previously, New Zealand Milk Products, UAE). Having held senior managerial positions in corporate finance and general management through most of his career, he has had exposure to a gamut of functions such as IT, marketing, HR and logistics. 

  • General Manager - Finance, Golden Relief Resources LLC, Dubai, UAE
  • Group Financial Planning and Analysis Manager, Mazrui Holdings Group, Abu Dhabi, UAE
  • Finance Manager, Etisalat Academy, Dubai, UAE
  • Financial Planning & Analysis Manager, Dubai Properties, Dubai, UAE
  • Group Accountant, Al Rostamani Group ofCompanies, Dubai, UAE
  • Division Financial Budget and Reporting Manager, Coca-Cola Middle East, Bahrain
  • Finance Manager, New Zealand Milk Products (UAE), Dubai
  • Assistant Commercial Manager, Unilever Arabia, Dubai, UAE
  • Business Systems Trainee, BirdsEye Walls (UK), Surrey, UK
  • Deakin University, Melbourne, Australia
    PhD 2019
    Thesis title: The Effect of Corporate Social Responsibility Disclosures on Investor Interests: Evidence from India 
  • London School of Economics and Political Science, University of London, UK
    Master of Science (Analysis, Design and Management of Information Systems) (1989 – 1990)
    Major: Information Systems in Developing Countries 
  • University of Stirling, Scotland, UK
    Master of Business Administration (1988 – 1989)
    Major: Finance 
  • University of Bombay, India
    Bachelor of Commerce (1985 – 1988)
    Major: Accounting, Economics, Business Law