Professor Shantanu Banerjee

Professor of Finance

Profile

Professor Shantanu Banerjee joined as a Lancaster University in 2005 after finishing his doctoral studies at Hong Kong University of Science and Technology (HKUST). He specialises in empirical research in Corporate Finance topics including the investment decisions of firms, financing choice, product market strategy, IPO, bankruptcy, executive compensation and corporate social responsibility. His work has been published in journals such as the Journal of Finance, Review of Finance, Journal of Corporate Finance, European Journal of Operational Research and Journal of Business Ethics. He is the director of the PhD programme (Finance area) at Lancaster and organises several annual workshops and research events on Corporate Finance. Before starting the doctoral programme in Finance in HKUST, he studied in Economics in India and has an MPhil degree in Economics from Centre for Economic Studies and Planning, Jawaharlal Nehru University (JNU), India. A brief summary of his current and published work can be found here:

Selected Publications

Stakeholder Preference and Strategic Corporate Social Responsibility
Banerjee, S., Homroy, S., Slechten, A. 4/09/2022 In: Journal of Corporate Finance.
Journal article

Effectiveness of Monitoring, Managerial Entrenchment, and Corporate Cash Holdings
Couzoff, P., Banerjee, S., Pawlina, G. 31/12/2022 In: Journal of Corporate Finance. 77
Journal article

In the Path of the Storm: Does Distress Risk Cause Industrial Firms to Risk-Shift?
Aretz, K., Banerjee, S., Pryshchepa, O. 31/10/2019 In: Review of Finance. 23, 6, p. 1115-1154. 40 p.
Journal article

Managerial incentives and strategic choices of firms with different ownership structures
Banerjee, S., Homroy, S. 02/2018 In: Journal of Corporate Finance. 48, p. 314-330. 17 p.
Journal article

Leaders and followers in hot IPO markets
Banerjee, S., Gucbilmez, U., Pawlina, G. 04/2016 In: Journal of Corporate Finance. 37, p. 309-334. 26 p.
Journal article

Corporate social responsibility as a strategic shield against costs of earnings management practices
Martínez Ferrero, J., Banerjee, S., María García Sánchez, I. 01/2016 In: Journal of Business Ethics. 133, 2, p. 305-324. 20 p.
Journal article

Optimal exercise of jointly held real options: a Nash bargaining approach with value diversion
Banerjee, S., Gucbilmez, U., Pawlina, G. 1/12/2014 In: European Journal of Operational Research. 239, 2, p. 565–578. 14 p.
Journal article

IPO waves and hot markets in the UK
Banerjee, S., Gucbilmez, U., Pawlina, G. 30/12/2013 In: Handbook of research on IPOs. Cheltenham : Edward Elgar ISBN: 9781781955369.
Chapter

Can investors restrict managerial behavior in distressed firms?
Pryshchepa, O., Aretz, K., Banerjee, S. 12/2013 In: Journal of Corporate Finance. 23, p. 222-239. 18 p.
Journal article

Buyer-supplier relationships and the stakeholder theory of capital structure
Banerjee, S., Dasgupta, S., Kim, Y. 10/2008 In: Journal of Finance. 63, 5, p. 2507-2552. 46 p.
Journal article

Keynote address, 15th International Conference on Asian Financial Markets and Economic Development
Invited talk

WHU – Otto Beisheim School of Management
Invited talk

Nottingham University
Invited talk

Bristol University
Invited talk

The Third Conference on CSR, the Economy and Financial Markets
Participation in conference -Mixed Audience

FMA 2018 Asia/Pacific Conference, Hong Kong
Oral presentation

Corporate Finance Workshop 2018, Work Foundation, London
Participation in conference -Mixed Audience

6th Annual Corporate Finance Conference (Exeter 2017)
Participation in conference -Mixed Audience

The Financial Intermediation Research Society (FIRS) Conference, Hong Kong, 2017
Oral presentation

5th UK Annual Corporate Finance Conference, Lancaster 2016 (Organiser)
Other

Seminar at Xfi Centre for Finance and Investment, University of Exeter Business School, 2016
Invited talk

Seminar at Strathclyde University, 2016
Invited talk

Corporate Finance Workshop, Lancaster 2016 (Organiser)
Participation in conference -Mixed Audience

Seminar at Reading University, 2015
Invited talk

4th UK Annual Corporate Finance Conference,Manchester 2015 (Organiser)
Participation in conference -Mixed Audience

Seminar at University of Trier, Germany 2015
Invited talk

Edinburgh Corporate Finance Conference 2015
Participation in conference -Mixed Audience

Seminar at Glasgow University, 2015
Invited talk

Seminar at Nottingham University 2014
Invited talk

Cambridge - Corporate Finance Theory Symposium, 2014
Participation in workshop, seminar, course

European Finance Association meeting 2014
Participation in conference -Mixed Audience

Financial Management Association, European meeting, Maastricht, 2014
Participation in conference -Mixed Audience

British Accounting and Finance Association, 2014
Participation in conference -Mixed Audience

6th Annual Corporate Finance Conference (Exeter 2017)
Participation in conference -Mixed Audience

  • Accounting, Finance, Governance and Banking
  • Corporate Finance and Banking
  • Pentland Centre