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Nanda Rangan

Dean’s Distinguished Professor of International Business and Finance

Area: Finance, Insurance and Real Estate

  • Snead Hall
  • 301 W. Main Street
  • Box 844000
  • Richmond, VA, 23284-4000
  • Office: B4101

Education

  • PhD, Texas A&M Univ College Sta*, 1986.

Interests

Teaching
  • Corporate Finance
    Financial Markets
    Financial Institutions
    Managerial Economics
    Business Statistics
Research
  • Regulation; corporate finance, security issuance, innovative technology, Banking
Bio

Dr. Rangan joined Virginia Commonwealth University (VCU) in 2007 as the Chair – Finance, Insurance and Real Estate department. He currently serves as the “Dean’s Distinguished Professor of International Business and Finance” and coordinates the School of Business International initiatives. Prior to September 2022, he was the Associate Dean for International and Strategic Initiatives for the VCU School of Business. He received his undergraduate degree in engineering from the University of Madras, India, and his M.S. and Ph.D. from Texas A&M University.

Prior to joining VCU, he served as the Charles G. O’Bleness Chair of Banking and Finance, and the Executive Director of International Operations at the College of Business at Ohio University. He has also served as the Associate Dean and Chair of the Finance departments at Ohio University and Southern Illinois University during his tenure at these schools.

He has been involved in executive education and consulting since 1990, and has taught executives in Brazil, China, Hong Kong, Malaysia, India, Singapore, and US.

He has published extensively in leading finance and economics journals such as Journal of Finance, Journal of Financial Economics, The Review of Financial Studies, Journal of Banking and Finance, Financial Management, Financial Review, Review of Economics and Statistics, Managerial Decision Economics, Journal of Economics and Business, and Economics Letters. His teaching, research and consulting interests include corporate finance, financial institutions, financial markets, and public policy. He is a recipient of several awards for excellence in teaching, research, and service. He was ranked in the top 5% among researchers in the field of Finance in the “Most Prolific Authors in the Finance Literature: 1959-2008 “. Research Gate recently ranked his research interest score higher than 97% of researchers in work related to Financial Economics.

Research

Published Intellectual Contributions
Journal Article
  • Rangan, N. K., Liu, M. (in press). Do Chinese Retail Option Traders Know Anything about Market Volatility?. Frontiers of Business Research in China,.
  • Gupta, M., Prakash, P., Rangan, N. K. (2019). Cross country variability in cost of raising equity: Evidence from Seasoned Equity Offerings. (4 ed., vol. 19, pp.821-850). International Review of Finance. DOI: /10.1111/irfi.12201
  • Gupta, M., Prakash, P., Rangan, N. K., (2017). Determinants of underwriting spreads internationally: Evidence from SEOs . (vol. 41, pp.1-12). Journal of Multinational Financial Management . DOI: /10.1016/j.mulfin.2017.05.006
  • Gupta, M., Prakash, P., Rangan, N. K. (2013). Equity issue-specific versus broad regulatory protections against expropriation risk: International evidence from SEOs. (vol. 35, pp.146-166). Journal of International Money and Finance. DOI: /10.1016/j.jimonfin.2013.02.003
  • Gupta, M., Prakash, P., Rangan, N. K. (2012). Governance and Shareholder Response to Chief Risk Officer Appointments. (vol. 37, pp.108-124). The Geneva Papers on Risk and Insurance Issues and Practice. DOI: 10.1057/gpp.2011.30
  • Wood, V. R., Rangan, N. K., Gopalakrishna, P. (2012). Higher Education in the Middle East and India: Overview and Two Programs Created to Educate Global Business Leaders in Emerging Markets. (vol. 11 (1), pp.143-159). Chinese Business Review.
  • Narayanan, R. P., Rangan, K. P., Rangan, N. K. (2007). The Effect of Private-Debt-Underwriting Reputation on Bank Public-Debt Underwriting. (3 ed., vol. 20, pp.597-618). Review of Financial Studies. DOI: 10.1093/rfs/hhl016
  • Narayanan, R. P., Rangan, K. P., Rangan, N. K. (2004). The role of syndicate structure in bank underwriting. (3 ed., vol. 72, pp.555-580). Journal of Financial Economics. DOI: 10.1016/s0304-405x(03)00187-9
  • Subrahmanyam, V., Rangan, N. K., Rosenstein, S. (1997). The Role of outside Directors in Bank Acquisitions. (3 ed., vol. 26, pp.23). Financial Management. DOI: 10.2307/3666211
  • Davidson, W. N., Rangan, N. K., Rosenstein, S. (1997). Regulation and Systematic Risk in the Electric Utility Industry: A Test of the Buffering Hypothesis. (1 ed., vol. 32, pp.163-184). The Financial Review. DOI: 10.1111/j.1540-6288.1997.tb00420.x
  • Mahajan, A., Rangan, N. K., Zardkoohi, A. (1996). Cost structures in multinational and domestic banking. (2 ed., vol. 20, pp.283-306). Journal of Banking & Finance. DOI: 10.1016/0378-4266(94)00129-4
  • Cornett, M. M., Davidson, W. N., Rangan, N. K. (1996). Deregulation in investment banking: Industry concentration following Rule 415. (1 ed., vol. 20, pp.85-113). Journal of Banking & Finance. DOI: 10.1016/0378-4266(94)00110-3
  • Grabowski, R., Rangan, N. K., Rezvanian, R. (1993). Organizational forms in banking: An empirical investigation of cost efficiency. (2-3 ed., vol. 17, pp.531-538). Journal of Banking & Finance. DOI: 10.1016/0378-4266(93)90051-e
  • Sundaram, S., Rangan, N. K., Davidson, W. N. (1992). The market valuation effects of the Financial Institutions Reform, Recovery and Enforcement Act of 1989. (6 ed., vol. 16, pp.1097-1122). Journal of Banking & Finance. DOI: 10.1016/0378-4266(92)90061-4
  • Lee, C. I., Rosenstein, S., Rangan, N. K., III, W. N. (1992). Board Composition and Shareholder Wealth: The Case of Management Buyouts. (1 ed., vol. 21, pp.58). Financial Management. DOI: 10.2307/3665681
  • Aly, H. Y., Grabowski, R., Pasurka, C., Rangan, N. K. (1990). Technical, Scale, and Allocative Efficiencies in U.S. Banking: An Empirical Investigation. (2 ed., vol. 72, pp.211). The Review of Economics and Statistics. DOI: 10.2307/2109710
  • Eyssell, T. H., Fraser, D. R., Rangan, N. K. (1989). Debt-equity swaps, regulation K, and bank stock returns. (6 ed., vol. 13, pp.853-868). Journal of Banking & Finance. DOI: 10.1016/0378-4266(89)90006-x
  • ZARDKOOHI, A., Rangan, N. K., KOLARI, J. (1986). Homogeneity Restrictions on the Translog Cost Model: A Note. (5 ed., vol. 41, pp.1153-1155). The Journal of Finance. DOI: 10.1111/j.1540-6261.1986.tb02538.x
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