Qualification: 
Ph.D, MBA, MPhil
somanath@amrita.edu

Qualification: M. B. A. (New York University), M. Phil. (New York University), Ph. D. (New York University)

BIOGRAPHY

Thirty four years of academic experience, including twenty three years abroad, teaching at universities such as Hong Kong University of Science and Technology, New York University, Oklahoma City University, Pace University, San Francisco State University and University of San Francisco.  Has  also taught in academic programs in Canada, China, Japan, Malaysia and Singapore. Has published in recognized US academic journals such as the Journal of International Business Studies, Journal of International Money and Finance and the Journal of International Financial Markets, Institutions and Money.  Worked briefly for the United Nations (Center for Transnational Corporations) in New York.

Publications

Publication Type: Conference Paper

Year of Publication Title

2019

Dr. Rajiv Nair, Arifur Khan Moham Muttakin, Nava Subramaniam, and Dr. V. S. Somanath, “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

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

Publication Type: Journal Article

Year of Publication Title

2019

Dr. Rajiv Nair, Mohammad Muttakin, Arifur Khan, Nava Subramaniam, and Dr. V. S. Somanath, “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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Faculty Research Interest: