Ajaya Kumar Panda

Faculty

Associate Professor

Email
akpanda@nitie.ac.in

Mobile
9.18605E+11

Qualification
Ph.D, M.Phil, M.A (School of Economics, University of Hyderabad)

Area & Groups
Finance, Economics & Strategy

  • Ph.D, (School of Economics, University of Hyderabad; Central University)
  • M.Phil, (School of Economics, University of Hyderabad; Central University)
  • M.A (Economics, School of Economics, University of Hyderabad; Central University)

  • Working Capital Financing and Firm Profitability
  • Dynamic Capital Structure
  • Risk management and financial stability of financial institutions
  • Market interlinkages and Volatility accessment
  • Transmission of moentary policy stimulus to Firm profitability

  • Analytical Finance
  • Investment Analysis and portfolio Management
  • Financial Management
  • Financial Econometrics
  • Corporate Finance and Valuation
  • International Finance

  • Panda A K., Panda P., Nanda S., Atul Parad (2021), Information bias and its spillover effect on return volatility: A study on stock markets in the Asia-Pacific region, Pacific-Basin Finance Journal, Vol. 69, 101653, https://doi.org/10.1016/j.pacfin.2021.101653
  • Panda. A.K., Nanda S., Hegdey A., and Yadav. A. (2021), Receptivity of Capital Structure with Financial Flexibility: A study on manufacturing firms (Accepted), International Journal of Finance and Economicshttps://doi:10.1002/ijfe.2521
  • Panda. A.K. and Nanda S. (2020), Receptiveness of effective tax rate to firm characteristics; An empirical analysis on Indian listed firms, Journal of Asia Business Studies, Vol-15, Issue.1, pp: 198-214, https://doi.org/10.1108/JABS-11-2018-0304
  • Panda. A.K, Nanda S and Panda, P (2021), Working Capital Management, Macroeconomic Impacts, and Firm Profitability; Evidence from Indian SMEs, Business Perspectives and Research (Sage), Vol. 9, Issue-1, pp: 144-158, https://doi.org/10.1177/2278533720923513

  • Panda. A.K. and Nanda S. (2020), Determinants of Capital Structure; A Sector Level Analysis for Indian Manufacturing firms, International Journal of Productivity and Performance Management. , Vol 69, Issue-5, pp: 1033-60, DOI: 10.1108/IJPPM-12-2018-0451

  • Nanda S. and Panda. A.K. (2019), A Quantile Regression Approach to Trail Financial Performance of Manufacturing Firms, Journal of Applied Accounting Research. Vol. 20, No: 3, pp: 290-310, DOI: 10.1108/JAAR-06-2018-0091

  • Panda. A.K, Nanda S., and Paital R. R., (2019), An Empirical analysis of Stock Market Interdependence and volatility spillover in the Stock markets of Africa and Middle East Region, African Journal of Economic and Management, Vol. 10, No: 3, pp: 314-335, DOI: 10.1108/AJEMS-10-2018-0293

  • Panda. A.K, Nanda S., Singh V.K and Satish K., (2019) Evidence of leverage effects and volatility spillover among exchange rates of selected emerging and growth leading economies, Journal of Financial Economic Policy, Vol. 11 Issue: 2, pp.174-192, https:// doi.org/10.1108/JFEP-03-2018-0042

  • Panda. A.K. and Nanda S., (2019) The Nexus between Exchange Rate and Long-Term Investment in Indian Manufacturing Industry, Management Research Review, Vol. 42 Issue: 2, pp.174-198, https://doi.org/10.1108/MRR-01-2018-0024

  • Paital R. R and Panda. A.K., (2018) Day of the week and weekend effects in the Indian stock market, Theoretical Economics Letters, Vol. 8, PP: 2559-2568

  • Panda. A.K. and Nanda S. (2018), Time-Varying Synchronization and Dynamic Conditional Correlation among the Stock Market Returns of Leading South American Economies" International Journal of Managerial Finance, Vol. 14 Issue: 2, pp.245-262, https://doi.org/10.1108/ IJMF-11-2016-0206

  • Panda. A.K. and Nanda S. (2018), Working Capital Financing and Corporate, Profitability of Indian Manufacturing Firms, Management Decision, Vol. 56 Issue: 2, pp: 441-45, https:// doi.org/10.1108/MD-07-2017-0698

  • Panda. A.K., Nanda S. (2018), A GARCH Modelling of Volatility and M-GARCH Approach of Stock Market Linkages of North America; Global Business Review, Vol-19, Issue-6, PP:1-16, DOI:10.1177/0972150918793554

  • Nanda S. and Panda. A.K. (2018), The Determinants of Corporate Profitability; An Investigation of Indian Manufacturing Firms, International Journal of Emerging Markets, Vol-13, Issue-1, pp.66-86, https://doi.org/10.1108/IJoEM-01-2017-0013

  • Panda. A.K., Nanda S. (2017), Market Linkages and Conditional Correlation between the Stock Markets of South & Central America, Journal of Financial Economic Policy, Vol-9 Issue-2, DOI: 10.1108/JFEP-08-2016-0063

  • Panda A.K., Nanda S. (2017), Short-term and Long-term Interconnectedness of Stock Returns in Western Europe and the Global Market; Financial Innovation, Vol. 3.1, DOI: 10.1186/s40854-016-0051-8

  • Panda. A.K., Nanda S. (2016), Capital structure and exchange rate risk; An empirical analysis of Indian Non-financial firms; UDYOG PRAGATI-The journal for practicing managers, Vol: 39.3, (ISSN 0970-3365)

  • Panda. A.K., Nanda S. (2016), A Mathematical Explanation of Panzar-Rosse Model and its implication in Indian Banking Industry; Indian Journal of Economics & Business, Vol-15, (Serial)

  • Girish G.P, Vijayalakhami, Panda A.K & Rath B. (2014), Forecasting electricity prices in deregulated wholesale spot electricity market: A review: International Journal of Energy Economics and Policy, Volume 4, Issue 1, 2014, PP: 32-42

  • Girish G.P, Panda A.K & Rath B. (2013), Indian Electricity Market: Global Business and Economics Anthology, Vol: 1, Page 180 - 191, March 2013, (ISSN: 1553-1392).

  • Panda. A.K., Nanda S. (2013), An empirical analysis of market structure and the pattern of time varying return volatility on the stock markets of Western Europe, Asian - African Journal of Economics and Econometrics, Vol: 13, No-1, PP: 35-51 (Serial)

  • Ray K.K, Panda A.K (2011), The impact of derivative trading on spot market volatility: Evidence for Indian derivative market, Interdisciplinary Journal of Research in Business, UK, Vol. 1, Issue. 7, July 2011, pp: 117-13, (ISSN: 2046-7141) http://journaldatabase.info/journal/issn2046-7141

  • Panda. A.K., Sharma N. (2011) Investigation of the dynamic relationships between the stock markets of Asia Pacific: A time series approach, International Journal of Business management, Economics and Information Technology. (ISSN: 0975-296X) Vol. 3, No. 2, July-December 2011: pp: 245-256.

  • Nanda S., Panda A.K. (2011), An empirical assessment of export led growth     hypothesis in the context of Indian economy, Indian Journal of Economics & Business, Vol. 10, No. 4, pp: 481-494,

  • Panda A.K. (2010), Empirical evidence of portfolio balance model of exchange rate determination: A study on Indian rupee vs. US dollar, Knowledge Hub, Vol.6, No.1, Page 1-14. (ISSN 0973-6425; UGC Approved Journal).

  • Panda A.K, Sharma N. K (2010), A time series approach to identify the dynamic interlinkages, volatility structure and long run equilibrium relationships between the stock markets of South Asia region, Journal of Managerial Finance and Research, Vol.6, No.1, Jan-June 2010.

  • Panda A.K (2007), Forecasting bilateral nominal exchange rate for   monetary model   of exchange rate determination: A study for India, IUP Journal of Applied Finance, Vol. 13, No. 6, pp. 66-79

     

  • Financing preferences and determinants of capital structure- A study on Small and Medium Enterprises in Maharashtra, Sponsored by ICSSR, New Delhi, (2017-18) Budget: Rs. 7,00,000 (Seven lakhs), Status: On Progress. (Co. Project Director)
  • Scope and challenges of women participation in small scale industries; a study on rural and urban women entrepreneurs of Maharashtra; Sponsored by ICSSR, New Delhi, (2017-18) Budget: Rs. 6,00,000 (Six lakhs), Status: On Progress. (Co. Project Director)
  • Shock Spillover of Crude oil prices on Emerging Market Currencies; A Network Analysis, Sponsored by ICSSR, New Delhi, (2017-18) Budget: Rs. 5,50,000 (Five lakh Fifty Thousand), Status: On Progress. (Co. Project Director)
  • The proposal for setting up NIDHI Technology Business Incubator (TBI) at NITIE, Mumbai is approved by DST, MHRD, June-2017, Budget: Rs. 13 Cr. (Thirteen Crores) (Core Team Member)
  • Macro Research 2015-16 on topic “Corporate Financing Options in India: Banking Vs. Capital Market” Sponsored by Indian Institute of Banking and Finance (IIBF), Mumbai. Budget: Rs. 2,50,000 (two lakhs fifty thousand), Status: Completed (Project Director)

  • Recipient if AIMS-Jaipuria Outstanding Management Researcher Award (2021) presented by AIMS International (The Association of Indian Management Scholars) for significant contribution towards management research
  • Scholarship Scheme for Faculty Members from Academic Institutions – 2019 of Reserve Bank of India (RBI), on the Research Topic: Transmission of Monetary Policy Impulses on Firm Profitability; A Study on Indian Manufacturing Firms

  • MDP on “Market Risk Analytics (using python)”: 1st Oct. -5th Oct.  2021 (Course Coordinator and course instructor)
  • MDP on “Financial Time Series Modeling using Python”: 25th -26th June 2021 and   2nd - 03rd July 2021, (Course Coordinator and course instructor)
  • MDP on Application of Time Series Modeling for Business Forecasting (Using STATA), 22nd – 26th March 2021 (Course Coordinator and Course Instructor)
  • MDP on “Financial Analytics with Time Series Modeling and Neural Networks using Python”, 06th - 07th - 13th - 14th and 29th Feb 2021, 5 Weekends. (Course Coordinator and course instructor)
  • UBP “AXLERATE 2.0-EXPERT MOFULE”, organized for Mahindra Logistics Pvt. Ltd. Scheduled on 10th -12th August 2021. (Resources Faculty)
  • MDP on “Business Decision Making During Covid-19”: 14th – 18th Dec 2020, (Resource Faculty).
  • MDP on “Financial Time Series Modeling using Python”: 10th -11th - 16th -18th & 24th Oct 2020, 5 Weekends, (Course Coordinator and course instructor)
  • MDP on Finance for Non-Finance Executives for senior and middle-level executives of ONGC, and TOYO Engineering: 18th to 20th January 2018 (Course Coordinated jointly with Finance area faculties).
  • MDP on Finance for Non-Finance Executives, for senior and middle-level executives of Ministry of Defence: 27th -28th October 2016 (Course jointly Coordinated with Prof. V.K. Singh)
  • MDP on Data Analysis for Decision Making: 7th to 9th September 2015. (Resource Faculty)
  • MDP on Finance for Non-Finance Executives: 3rd to 5th August 2015. (Resource Faculty)
  • Resource Faculty of ICSSR sponsored two weeks (June 2-11, 2018) capacity building workshop for Young Faculty held at NITIE

  • Coordinator, Fellow Programme, from 01st April 2021 to till Date
  • Member, PGP Committee, from 01st April 2021 to till Date
  • Member, Admission Committee, from 01st April 2021 to till Date
  • Member, Investment Committee, from 20th Oct. 2020 Till Date
  • Member, Advertisement Committee, from 20th Oct. 2020 Till Date
  • Professor In-charge Micro Credit course from 23rd Sept 2020 Till Date
  • Member, Placement Committee from 08th July 2020 to Till Date
  • Member, Marks/Grades Moderation Committee from 19th May 2020 to till date
  • Member, Innovation & Entrepreneurship committee from 19th May 2020 to till date
  • Member, Technical Evaluation Committee (TEC) from 31st Jan 2020 to till date
  • Nodal officer of Ek Bharat Shresth Bharat club, NITIE
  • Area Coordinator (Accounting and Finance Area) from May 2018 to 23 Nov. 2020
  • Member, Financial Aid and Scholarship Committee, for 2018-19 Till date
  • Warden Taylor Hall from 1st May 2019 till date
  • Member of Institute Disciplinary Committee from 1st May 2019 till date
  • Professor In-charge Institute Cultural Committee from 1st May 2019 till date.
  • Member Library Committee from (May 2018 to April 2019) and 2021 June till date