Akash Singh Yadav

Overview:
Dr. Akash Singh Yadav is an Assistant Professor in the Finance & Accounting area at the Indian Institute of Management Bodh Gaya. He holds a Ph.D. in Finance from the Indian Institute of Technology Kharagpur. His teaching interests are Corporate Finance, Financial Accounting, Financial Institutions and Markets, and Security Analysis. His research interests are Corporate Finance, Corporate Governance, Sustainable Finance, Biodiversity Risk, and Asset Pricing.  His work has been published in reputed journals such as the Journal of Financial Stability, International Journal of Managerial Finance, Asian Review of Accounting, and Journal of Corporate Accounting & Finance. He regularly reviews research papers for journals like Journal of Financial Stability, Benchmarking: An International Journal, and Tourism Review. Dr. Yadav has qualified for the UGC NET & JRF examination four times. Before joining IIM Bodh Gaya, he was an Assistant Professor at the School of Management, BML Munjal University, Haryana.

  Area of Expertise:
Corporate Finance, Financial Accounting, Biodiversity Risk, Sustainable Finance
Academic Background:

• Ph.D. in Finance, Indian Institute of Technology Kharagpur
• MBA in Finance, Bundelkhand Institute of Engineering and Technology, Jhansi

  Experience:

• Assistant Professor, Indian Institute of Management Bodh Gaya (August 2025-Present)

• Assistant Professor, BML Munjal University, Haryana (February 2025- July 2025)

  Teaching Interests:

• Corporate Finance
• Financial Accounting
• Financial Institutions & Markets
• Corporate Restructuring

  Research Interests:

• Corporate Finance
• Corporate Governance
• Sustainable Finance
• Climate finance
• Biodiversity Risk
• Asset Pricing

Publications (Journal Articles):

• Yadav, A. S., & Yadav, I. S. (2025). The impact of country- and firm-level governance on capital allocation efficiency: New evidence from India. Journal of Financial Stability, 78, 101407.  (ABDC-A; ABS-3; Scopus Q1; SSCI) https://doi.org/10.1016/j.jfs.2025.101407
• Yadav, A. S., & Yadav, I. S. (2025). Agency conflicts, product market competition and investment efficiency: new evidence from emerging market. International Journal of Managerial Finance, 21(2), 445-473. (ABDC-A; ABS-2; Scopus Q2) https://doi.org/10.1108/ijmf-04-2024-0219
• Yadav, A. S., & Yadav, I. S. (2025). Debt maturity, governance and investment efficiency: new evidence from emerging market. Asian Review of Accounting, 33(1), 132-162. (ABDC-B; ABS-2; Scopus Q2) https://doi.org/10.1108/ara-02-2024-0053
• Yadav, A. S., & Yadav, I. S. (2024). Does corporate governance affect investment efficiency of Indian firms? Panel evidence from new governance indices. Journal of Corporate Accounting & Finance, 35(3), 327–349. (ABDC-B; Scopus Q3) https://doi.org/10.1002/jcaf.22714

  Conference Presentations:

• How disclosure quality affects investment efficiency in Indian firms. Presented at the 9th PAN IIM World Management Conference, Indian Institute of Management Sambalpur (January 22-24, 2023)
• Does political connection affect the firm’s over-investment? Presented at the 9th PAN IIM World Management Conference, Indian Institute of Management Sambalpur (January 22-24, 2023)
• Effects of national governance quality on corporate investment efficiency: Evidence from emerging market. Presented at the 31st Global Finance Conference, University of Cagliari, Sardinia, Italy (June 18-20, 2024)
• Country-level governance and corporate investment efficiency: The mediating impact of financial market development from Asia–pacific economies. Presented at the International Finance Conference, XLRI, Jamshedpur (September 13-14, 2024).
• Political connections, investment inefficiency, and financial constraints. Presented at the India Finance Conference (IFC 2024), Indian Institute of Management Raipur (December 19-21,2024).
• The nexus between institutional quality and investment efficiency: Evidence from Asia–Pacific economies. Presented at the 6th international conference on financial markets & corporate finance, IIT (ISM), Dhanbad (July 6-7, 2024).
• Agency conflicts, product market competition, and investment efficiency: New evidence from emerging markets. Presented at the Management Education and Research Colloquium (MERC) at Indian Institute of Management Kashipur (May 23-25, 2025).