Printer
Friendly Page

Faculty Profiles

Kartik Raman
kraman@bentley.edu          website
AAC 219
781/891-2781
Associate Professor of Finance
George and Louis Kane Professor of Finance

PhD, Binghamton University, 1998

Research Interests:

Corporate investment and financing policies

Product markets

Earnings quality; accounting decisions

Practice/Consulting Interests:

valuation of projects and firms

Teaching Interests:

Portfolio Management, Security Valuation, Corporate Finance

Kartik  Raman
Selected Publications and presentations:

Journal articles
Datta Sudip, Iskandar-Datta Mai, Raman Kartik. "Does Executive Compensation Determine Firm Performance?: An Analysis of Newly Appointed CEOs," Corporate Ownership and Control, vol. Forthcoming, 2009.

Erhemjamts Otgontsetseg, Raman Kartik, Shahrur Husayn. "Industry structure and corporate debt maturity," The Financial Review, vol. Forthcoming, 2009.

Raman, Kartik, Shahrur, Husayn. "Relationship-specific investments and earnings management: Evidence on corporate suppliers and customers," The Accounting Review, vol. 83, no. 4, 1041-1081, 2008.

Datta Sudip, Raman Kartik. "Are convertible bond calls harbingers of bad news?," Corporate Ownership and Control, vol. 4, no. 4, 183-192, 2007.

Datta, Sudip, Iskandar-Datta, Mai, Raman, Kartik. "Executive Compensation Structure and Corporate Equity Financing Decisions," Journal of Business, vol. September, 1859-1889, 2005.

Datta, Sudip, Iskandar-Datta, Mai, Raman, Kartik. "Managerial Stock Ownership and the Maturity Structure of Corporate Debt," Journal of Finance, vol. 60, no. October, 2333-2350, 2005.

Datta, Sudip, Iskandar-Datta, Mai, Raman, Kartik. "In Defense of Incentive Compensation: Evidence on Acquisition Policy," Journal of Applied Corporate Finance, no. Fall, 82-88, 2004.

Datta, Sudip, Iskandar-Datta, Mai, Raman, Kartik. "Convertible Bond Calls: Resolution of the Information Content Puzzle," Journal of Financial Intermediation, vol. 12, 255-276, 2003.

Datta, Sudip, Iskandar-Datta, Mai, Raman, Kartik. "Value Creation in Corporate Asset Sales: The Role of Managerial Performance and Lender Monitoring," Journal of Banking and Finance, vol. 27, 351-375, 2003.

Datta, Sudip, Iskandar-Datta, Mai, Raman, Kartik. "Value Creation in Corporate Divestitures," Corporate Finance Review, vol. 7, 25-36, 2003.

Datta, Sudip, Iskandar-Datta, Mai, Raman, Kartik. "Executive Compensation and Corporate Acquisition Decisions," Journal of Finance, vol. 56, 2299-2336, 2001.

Sudip Datta, Mai Iskandar-Datta, Kartik Raman. "Debt Structure Adjustments and Long-run Stock Price Performance," Journal of Financial Intermediation, vol. 9, 427-453, 2000.

Professional Memberships:
American Finance Association
Financial Management Association

Honors and Awards:
2009, Semi-Finalist, Best Paper in Corporate Finance Award, Financial Management Association Conference, 2009

2002, George and Louis Kane Professorship: 2002 to present

2001, Outstanding Business Finance Competitive Paper Award, Financial Management Association Annual Conference

1999, Outstanding Business Finance Competitive Paper Award, Financial Management Association Annual Conference

Scholarly Work in Progress:
Investment bank relationships, reputation, and the cost of placing equity privately, with Otgontsetseg Erhemjamts.

Pension Plan Returns and the Firm's Cost of Debt, with Mahendra Gujarathi and Atul Gupta.

Targets' earnings quality and bidders' takeover decisions, with Lakshmanan Shivakumar and Ane Tamayo.

Other Activities:
Seminar presentations at: Babson College; Northeastern University; Manuscript referee for: Journal of Accounting and Economics; The Accounting Review; Journal of Financial Intermediation; Journal of Business Research;

External presentations: London Business School; FMA Conference; Manuscript Referee: Journal of Banking and Finance; Journal of Financial Research; Journal of Economics and Business; Co-chair: ICFAI/Bentley Conference at Hyderabad, India.

Top of page

Teaches corporate finance and financial markets/investments. Research areas include initial public offers (IPOs) and dividend policy.