Sudheer Chava

360N Wehner
Mays Business School
Texas A&M University
College Station
TX 77843-4218 
schava@mays.tamu.edu
ph: (979)845-3656              

Work Experience

Assistant Professor                                     Texas A&M University                                                  July 2006 -
Assistant Professor                                     University of Houston                                                    Aug 2003 - June 2006


Education

Ph.D. (Finance)                                            Cornell University                                                         2003
M.B.A.                                                         Indian Institute of Management, Bangalore                   1997

Research Interests

Corporate Finance, Banking, Credit Risk and Risk Management

Publications

Chava, Sudheer and Robert Jarrow, 2004, “Bankruptcy Prediction with Industry Effects”, Review of Finance, 8(4), 537-569
(Nominated for Goldman Sachs award for the best quantitative paper published in the journal)

Chava, Sudheer and Amiyatosh Purnanandam ,2007,  “Determinants of the Floating-to-Fixed Rate Debt Structure of Firms”,  Journal of Financial Economics, 85, 755-786

Chava, Sudheer and  Michael Roberts, 2007, "How Does Financing Impact Investment? The Role of Debt Covenant Violations",  forthcoming in Journal of Finance

Chava, Sudheer, Dmitry Livdan  and Amiyatosh Purnanandam , 2007, “Do Shareholder Rights Affect the Cost of Bank Loans?”,  forthcoming in Review of Financial Studies

Working Papers

"Managerial Moral Hazard and  Bond Covenants",   (with Praveen Kumar and Arthur Warga)

“The Effect of Banking Crisis on Bank-Dependent Borrowers”,   (with Amiyatosh Purnanandam)

“Modeling Expected Loss With Unobservable Heterogeneity” (with Catalina Stefanescu and Stuart Turnbull)

“CEOs Vs CFOs: Incentives and Corporate Policies",  (with Amiyatosh Purnanandam)

"Is Default Risk Negatively Related to Stock Returns?",   (with Amiyatosh Purnanandam)

Referee

Ad-hoc referee for Review of Financial Studies, Journal of Banking and Finance, Journal of Corporate Finance, Journal of Financial Intermediation,
Quantitative Finance, European Journal of Finance and Financial Management

Teaching

Texas A&M University: PhD course in Corporate Theory
            Teaching Ratings: 4.20/5 (Spring 2008)

Texas A&M University: Valuation
            Teaching Ratings: 4.56/5, 4.04/5 and 4.52/5 (Fall 2006)
                                         3.85/5, 3.92/5                   (Fall 2007)

University of Houston: Options and Futures

            Teaching Ratings: 4.58/5, 4.74/5 and 4.93/5 (Spring 2004)
                                         4.42/5, 4.56/5 and 4.76/5  (Spring 2005)

Awards, Honors and Grants

Mays Business School Dean's Performance Recognition Grant, 2007
Center for Financial Research at FDIC, 2006
Morgan Stanley Microstructure Research Grant, 2005
Financial Services Exchange Grant, 2003