Sreedhar T.Bharath

Assistant Professor of Finance
Stephen M.Ross School of Business
Finance Department
University of Michigan

Phone: (734) 763-0485
Fax: (734) 936-0274
Email: sbharath@umich.edu

Research

Areas of Interest

• Corporate Finance
• Banks and Financial Institutions
• Credit Risk, Accounting Quality, Volatility

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Publications

• "Does Asymmetric Information drive Capital Structure Decisions?" with Paolo Pasquariello and Guojun Wu, Forthcoming, Review of Financial Studies (Abstract)
   
• "Forecasting Default with the Merton Distance-to-Default Model" with Tyler Shumway,
  Forthcoming, Review of Financial Studies (Abstract)
   
• "Accounting quality and Debt Contracting" with Jayanthi Sunder and Shyam Sunder,
  The Accounting Review,2008,83(1),1-28.
  
  - Lead Article
   
• "Does Industry wide Distress Affect Defaulted Firms? Evidence from Creditor Recoveries" with Viral V. Acharya and Anand Srinivasan (Abstract), Journal of Financial Economics,2007,85(3),787-821.
  
  - Winner of UK Q group grant for conducting this research
  
  - Fama-DFA Prize (Second Place) for the Best Paper Published in the Journal of Financial Economics in the         Areas of Capital Markets and Asset Pricing, 2007
   
• "So What do I get : A bank?s view of lending relationships?" with Sandeep Dahiya, Anthony Saunders and Anand Srinivasan (Abstract), Journal of Financial Economics,2007,85(2),368-419.
  
  - Best paper in Financial Institutions and Markets (sponsored by Fannie Mae) award at the 2004 FMA Annual Meetings.
   
• "Credit Ratings and the BIS Capital Adequacy Reform Agenda" with Edward Altman and Anthony Saunders, Journal of Banking and Finance,2002,26(5),909-921.  

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Papers under Revision

• "Is the Internet bubble consistent with rationality?"  with Siva Viswanathan (Abstract)
   
• "Why do firms use private equity to opt out of public markets? (earlier, To be or not to be (public))" with Amy Dittmar (Abstract)
  
  - LeCG - Best Paper Prize for the Best Paper in Coprorate Finance and Governance, European Finance Association 2007 meetings, Slovenia
   
• "Lending Relationships and Loan Contract Terms" with Sandeep Dahiya, Anthony Saunders and Anand Srinivasan

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Working Papers

• "The Changing Nature of Chapter 11" With Venky Panchapegesan and Ingrid Werner (Abstract)
  
    - Best Paper Prize, Caesarea Center 5th Annual Academic Conference, IDC Herzliya 2008 meetings, Israel
   
• Agency Costs, Bank Specialness and Renegotiation (Abstract)
   
• "How does the source of capital affect corporate liquidity?" (With Yakov Amihud and Anthony Saunders)

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Work in Progress

• "The Use of Hard and Soft Information in Financial Contracting" (with Jayanthi Sunder and Shyam Sunder)

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• Financial Management (Core), University of Michigan Evening MBA.
  Winter '04,'05,'06,'07 Average Ratings: 4.75/5.0
• Banks & Financial Institutions, Off Balance Sheet Banking, MBA.
  Winter '04,'05,'06,'07 Average Ratings: 4.8/ 5.0
• Financial Management, Undergraduate.
  Winter '03 (University of Michigan), Summer '00 (NYU)
• Corporate Finance, MBA (NYU).
  Teaching Assistant to Prof. Tom Copeland, Fall '97.

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