Sudheer Chava
351J 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 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", Journal
of Finance, 63(5), 2085-2121 (Lead article)
(Finalist for the 2008 Brattle Prize)
Chava, Sudheer and Robert
Jarrow, 2008, “Modeling Loan
Commitments ”, Finance Research Letters, 5, 11-20
(Co-Winner of the Ross Best Paper award)
Chava, Sudheer, Dmitry
Livdan and Amiyatosh
Purnanandam , 2007, “Do
Shareholder Rights Affect the Cost of Bank Loans?”, forthcoming in Review of
Financial Studies
Chava, Sudheer, Praveen Kumar
and Arthur Warga "Managerial Moral Hazard and
Bond Covenants", forthcoming in Review of Financial Studies
Working Papers
“CEOs Vs CFOs:
Incentives and Corporate Policies", (with Amiyatosh Purnanandam)
"Is Default Risk Negatively Related to
Stock Returns?", (with Amiyatosh Purnanandam)
“The
Effect of Banking Crisis on Bank-Dependent Borrowers”,
(with Amiyatosh
Purnanandam)
“Modeling Expected Loss With
Unobservable Heterogeneity” (with Catalina Stefanescu and Stuart Turnbull)
Referee
Ad-hoc referee for Review of Financial Studies, Journal of
Banking and Finance, Journal of Corporate Finance, Journal of Empirical
Finance, Journal of Financial Intermediation, Quantitative Finance, European
Journal of Finance and Financial Management
Teaching
Awards, Honors and
Grants
Mays
Faculty Fellowship for Research Excellence 2009-2012
Mays
Business School Dean's Performance Recognition Grant, 2007, 2008
Center for Financial Research at FDIC, 2006
Morgan Stanley Microstructure Research Grant, 2005
Financial Services Exchange Grant, 2003