Sudheer Chava Georgia Tech Professor & Fordham Gabelli Speaker
QuantVision 2024: Fordham’s Quantitative Conference
Chairperson of Finance and Alton M. Costley Professor at Scheller College of Business Coordinator for the Finance Department, Scheller College of Business Head of the Quantitative and Computational Finance (QCF) Program, Georgia Institute of Technology Relevant Websites: Georgia Tech FinTech, Google Scholar Profile
Background: Before joining Georgia Institute of Technology, this esteemed professor held academic positions at Texas A&M University and the University of Houston.
Education: They hold a PhD in Finance from Cornell University, complemented by an undergraduate degree from the highly competitive Indian Institute of Management (IIM), Bangalore.
Research History
| How does financing impact investment? The role of debt covenantsS Chava, MR RobertsThe Journal of Finance 63 (5), 2085-2121 | 2481 | 2008 |
| Environmental Externalities and Cost of CapitalS ChavaManagement Science | 1421 | 2014 |
| Bankruptcy prediction with industry effectsS Chava, RA JarrowReview of Finance 8 (4), 537-569 | 1374 | 2004 |
| The effect of banking crisis on bank-dependent borrowersS Chava, A PurnanandamJournal of Financial Economics 99 (1), 116-135 | 912 | 2011 |
| CEOs versus CFOs: Incentives and corporate policiesS Chava, A PurnanandamJournal of Financial Economics 97 (2), 263-278 | 672 | 2010 |
| Banking Deregulation and InnovationS Chava, A Oettl, A Subramanian, KV SubramanianJournal of Financial Economics 109 (3), 759-774 | 665 | 2013 |
| Is default risk negatively related to stock returns?S Chava, A PurnanandamThe Review of Financial Studies 23 (6), 2523-2559 | 526 | 2010 |
| Managerial agency and bond covenantsS Chava, P Kumar, A WargaReview of Financial Studies 23 (3), 1120-1148 | 499* | 2010 |
| Do shareholder rights affect the cost of bank loans?S Chava, D Livdan, A PurnanandamReview of Financial Studies 22 (8), 2973-3004 | 483 | 2009 |
| Modeling the loss distributionS Chava, C Stefanescu, S TurnbullManagement Science 57 (7), 1267-1287 | 237* | 2011 |
| Lending to Innovative FirmsS Chava, V Nanda, SC XiaoThe Review of Corporate Finance Studies 6 (2), 234-289 | 153* | 2013 |
| Do credit default swaps mitigate the impact of credit rating downgrades?S Chava, R Ganduri, C OrnthanalaiReview of Finance 23 (3), 471-511 | 104* | 2019 |
| Related securities and equity market quality: The case of CDSE Boehmer, S Chava, H TookesJournal of Financial and Quantitative Analysis | 104* | 2013 |
| Hyperbole or reality? Investor response to extreme language in earnings conference callsK Bochkay, J Hales, S ChavaThe Accounting Review 95 (2), 31-60 | 101 | 2020 |
| Covenants, creditors’ simultaneous equity holdings, and firm investment policiesS Chava, R Wang, H ZouJournal of Financial and Quantitative Analysis 54 (2), 481-512 | 100 | 2019 |
| Impact of marketplace lending on consumers’ future borrowing capacities and borrowing outcomesS Chava, R Ganduri, N Paradkar, Y ZhangJournal of Financial Economics 142 (3), 1186-1208 | 87* | 2021 |
| Determinants of the floating-to-fixed rate debt structure of firmsS Chava, A PurnanandamJournal of Financial Economics 85 (3), 755-786 | 76 | 2007 |
| The economic impact of right-to-work laws: Evidence from collective bargaining agreements and corporate policiesS Chava, A Danis, A HsuJournal of Financial Economics 137 (2), 451-469 | 71* | 2020 |
| The dynamics of borrower reputation following financial misreportingS Chava, K Huang, SA JohnsonManagement Science | 71* | 2014 |
| Financial constraints, monetary policy shocks, and the cross-section of equity returnsS Chava, A HsuThe Review of Financial Studies | 62* | 2020 |
| Credit conditions and stock return predictabilityS Chava, M Gallmeyer, H ParkJournal of Monetary Economics 74, 117-132 | 60* | 2015 |
| When flue meets flang: Benchmarks and large pre-trained language model for financial domainRS Shah, K Chawla, D Eidnani, A Shah, W Du, S Chava, N Raman, …arXiv preprint arXiv:2211.00083 | 59 | 2022 |
| Shareholder Bargaining Power, Debt Overhang, and InvestmentE Alanis, S Chava, P KumarReview of Corporate Finance Studies 7 (2), 276-318 | 56* | 2012 |
| Implications of securities class actions for cost of equity capitalS Chava, CSA Cheng, H Huang, GJ LoboInternational Journal of Law and Management 52 (2), 144-161 | 54 | 2010 |
| Does a One-Size-Fits-All Minimum Wage Cause Financial Stress for Small Businesses?S Chava, A Oettl, M SinghManagement Science 69 (11), 7095-7117 | 47* | 2023 |
| Credit default swaps and lender incentives in renegotiations of bank debtI Chakraborty, S Chava, R GanduriSSRN Electronic Journal. DOI: https://doi. org/10.2139/ssrn 2541102 | 47* | 2020 |
| Debt covenants and corporate governanceS Chava, S Fang, P Kumar, S PrabhatAnnual Review of Financial Economics 11, 197-219 | 34 | 2019 |
| Modeling loan commitmentsS Chava, R JarrowFinance Research Letters 5 (1), 11-20 | 33* | 2008 |
| Creative destruction? Impact of e-commerce on the retail sectorS Chava, A Oettl, M Singh, L ZengManagement Science | 22* | 2023 |
| Do managers walk the talk on environmental and social issues?S Chava, W Du, B MalakarGeorgia Tech Scheller College of Business Research Paper | 20 | 2021 |
| Impact of Corporate Subsidies on Borrowing Costs of Local Governments: Evidence from Municipal BondsS Chava, B Malakar, M SinghReview of Finance, rfad021 | 19* | 2023 |
| Trillion dollar words: A new financial dataset, task & market analysisA Shah, S Paturi, S ChavaarXiv preprint arXiv:2305.07972 | 17 | 2023 |
| Cryptocurrency bubble detection: a new stock market dataset, financial task & hyperbolic modelsR Sawhney, S Agarwal, V Mittal, P Rosso, V Nanda, S ChavaarXiv preprint arXiv:2206.06320 | 17 | 2022 |
| Cognitive reference points, the left-digit effect, and clustering in housing marketsS Chava, VW YaoSSRN Electronic Journal | 16 | 2017 |
| The dark side of technological progress? Impact of E-commerce on employees at brick-and-mortar retailersS Chava, A Oettl, M Singh, L ZengNorthern Finance Association’s 30th Annual Conference, Charlevoix, Quebec … | 13 | 2018 |
| Measuring firm-level inflation exposure: A deep learning approachS Chava, W Du, A Shah, L ZengSSRN | 12 | 2022 |
| Shocked by bank funding shocks: Evidence from 500 million consumer credit cardsS Chava, R Ganduri, N Paradkar, L ZengAvailable at SSRN 3509356 | 12 | 2018 |
| Does history repeat itself? Business cycle and industry returnsS Chava, A Hsu, L ZengJournal of Monetary Economics 116, 201-218 | 11 | 2020 |
| Do Bond Investors Price Tail Risk Exposures of Financial Institutions?S Chava, R Ganduri, V YerramilliQuarterly Journal of Finance | 10 | 2020 |
| Revealed heuristics: Evidence from investment consultants’ search behaviorS Chava, S Kim, D WeagleyReview of Asset Pricing Studies | 10 | 2019 |
| Signaling through Dynamic Thresholds in Financial CovenantsS Fang, S Chava, S PrabhatJournal of Financial Reporting | 10* | 2017 |
| Buzzwords? Firms’ Discussions of Emerging Technologies in Earnings Conference CallsS Chava, W Du, N ParadkarFirms’ Discussions of Emerging Technologies in Earnings Conference Calls | 9 | 2020 |
| Finer: Financial named entity recognition dataset and weak-supervision modelA Shah, R Vithani, A Gullapalli, S ChavaarXiv preprint arXiv:2302.11157 | 8 | 2023 |
| Gambling on Crypto Tokens?S Chava, F Hu, N ParadkarGeorgia Tech Scheller College of Business Research Paper | 8 | 2022 |
| December Doldrums, Investor Distraction, and the Stock Market Reaction to Unscheduled News EventsS Chava, N ParadkarGeorgia Tech Scheller College of Business Research Paper | 7 | 2016 |
| Communities as stakeholders: Impact of corporate bankruptcies on local governmentsS Chava, B Malakar, M SinghGeorgia Tech Scheller College of Business Research Paper | 6 | 2022 |
| Risk, return, and environmental and social ratingsS Chava, JHJ Kim, J LeeJaemin, Risk, Return, and Environmental and Social Ratings (December 21, 2022) | 5 | 2022 |
| Zero is not hero yet: Benchmarking zero-shot performance of llms for financial tasksA Shah, S ChavaarXiv preprint arXiv:2305.16633 | 4 | 2023 |
| Abnormal Trading Detection in the NFT MarketM Song, Y Liu, A Shah, S ChavaarXiv preprint arXiv:2306.04643 | 3 | 2023 |
| The universal NFT vector database: A scaleable vector database for NFT similarity matchingS Sahoo, N Paul, A Shah, A Hornback, S ChavaarXiv preprint arXiv:2303.12998 | 3 | 2023 |
| The Dark Side of EntrepreneurshipS Chava, M Gopal, M Singh, Y ZhangWorking Paper | 3 | 2023 |
| Benchmarking machine learning models to predict corporate bankruptcyE Alanis, S Chava, A ShaharXiv preprint arXiv:2212.12051 | 3 | 2022 |
| Tweet based reach aware temporal attention network for nft valuationR Sawhney, M Thakkar, R Soun, A Neerkaje, V Sharma, D Guhathakurta, …Findings of the Association for Computational Linguistics: EMNLP 2022, 6321-6332 | 3 | 2022 |
| Numerical claim detection in finance: A weak-supervision approachP Shah, A Banerjee, A Shah, B Chaudhury, S ChavaAuthorea Preprints | 2 | 2023 |
| Shocked by bank funding shocks: Evidence from consumer credit cardsS Chava, R Ganduri, N Paradkar, L ZengThe Review of Financial Studies 36 (10), 3906-3952 | 2 | 2023 |
| Leaving Them Hanging: Student Loan Forbearance, Distressed Borrowers, and Their LendersS Chava, H Tookes, Y ZhangDistressed Borrowers, and Their Lenders (May 7, 2023) | 2 | 2023 |
| Impact of corporate subsidies on borrowing costs of local governmentsS Chava, B Malakar, M SinghWorking Paper | 2 | 2020 |
| Shareholder Rights Do Affect the Cost of Bank LoanS Chava, D Livdan, A PurnanandamCritical Finance Review 7 (1), 191-200 | 2 | 2018 |
| Costly entrepreneurshipS Chava, M Gopal, M Singh, Y ZhangWorking Paper | 1 | 2022 |
| Hyphen: Hyperbolic hawkes attention for text streamsS Agarwal, R Sawhney, S Ahuja, R Soun, S ChavaProceedings of the 60th Annual Meeting of the Association for Computational … | 1 | 2022 |
| Pension Overhang and Corporate InvestmentE Alanis, S Chava, P SimasekAvailable at SSRN 3560534 | 1 | 2020 |
| Numerical Claim Detection in Finance: A New Financial Dataset, Weak-Supervision Model, and Market AnalysisA Shah, A Hiray, P Shah, A Banerjee, A Singh, D Eidnani, B Chaudhury, …arXiv preprint arXiv:2402.11728 | 2024 | |
| The Long-Run Stock Market Performance of Mergers and AcquisitionsS Chava, A RegulyAvailable at SSRN 4742401 | 2024 | |
| Shifting Cryptocurrency Influence: A High-Resolution Network Analysis of Market LeadersA Hiray, A Shah, S ChavaarXiv preprint arXiv:2307.16874 | 2023 | |
| Learning Through Interpolative Augmentation of Dynamic Curvature SpacesP Chhabra, AT Neerkaje, S Agarwal, R Sawhney, M Thakkar, P Nakov, …Proceedings of the 46th International ACM SIGIR Conference on Research and … | 2023 | |
| ESG and Bond Market Resilience: Evidence from the COVID CrisisS Chava, P Efremenko, C SalvaAvailable at SSRN 4443222 | 2023 | |
| Why do mergers and acquisitions lead to underperformance in the long-run?S Chava, A Reguly | 2023 | |
| Gender and Access to Credit CardsS Chava, R Ganduri, N Paradkar, L Zeng, Y Zhang | 2022 | |
| Cash Flow Duration and M&A ActivityS Chava, DH Kim, H ParkGeorgia Tech Scheller College of Business Research Paper | 2022 | |
| The Development of Mean-Variance Efficient Portfolios: 30 Years LaterS Chava, JB GuerardThe Journal of Investing 31 (4), 76-94 | 2022 | |
| Time Evolving Spatio-Temporal Hypergraph for Stock ForecastingR Sawhney, S Agarwal, M Thakkar, V Malhotra, S Chava | 2022 | |
| Debt Covenants and Investment: Response to Gulen, Jens, and Page (2020)S Chava, MR Roberts | 2020 | |
| State Independent Contractual Adjustments in Financial CovenantsS Chava, S Fang, S PrabhatSSRN Electronic Journal | 2011 | |
| Holdup by Junior Claimholders: Evidence from the Mortgage Market Sumit Agarwal, Gene Amromin, Itzhak Ben-David, Souphala Chomsisengphet, and Yan Zhang Optimal Consumption and …S Ahn, KJ Choi, BH Lim, S Alnahedh, S Bhagat, I Obreja, MD Amore, … |
