Hardeep Singh Mundi

• Doctor of Philosophy (Finance) | CFA
• Professor (Assistant) at Institute of Management Technology

Purpose This study aims to advance services marketing scholarship by examining the financial services experiences of LGBTQIA+ individuals in India and assessing the marketing readiness of financial service providers to serve this under-researched and potentially lucrative market segment. Design/methodology/approach Data was collected through semis...

Purpose The purpose of this study is to analyze the concept of financial toxicity from the point of view of multiple stakeholders, including hospitals, patients and nongovernment organizations (NGOs) in the health-care sector. Taking the context of patients suffering from long-term traumatic injuries, the paper tries to understand how the finance f...

Purpose This study investigates the predictors of transgender prejudice among bank employees, focusing on right-wing authoritarianism (RWA), social dominance orientation (SDO), adherence to traditional gender ideologies (MRNI and FIS) and filial piety (FP). Design/methodology/approach Survey data were collected from 625 bank employees across 40 br...

Purpose The purpose of this study is to investigate the financial well-being and social capital of Indian retirees. The paper investigates the extent of subjective financial well-being, the dependence on debts and the extent of bridging and bonding social capital of retirees with similar retirement pensions to understand the main issues they face....

Purpose The paper examines contingent liabilities' effect on the firm's dividend decisions. Design/methodology/approach Fixed-effects regression and logit model results estimate the influence of contingent liabilities on firms' dividend decisions using a sample of 2,288 firm-year observations of S&P 500 firms from 2012 until 2022. Robustness check...

The global issue of atmospheric variations and global warming caused by diverse anthropogenic behaviors is a global concern. There is apprehension about preserving an uncontaminated atmosphere and attaining optimal nuclear and geothermal energy utilization with agriculture sector development. In this regard, this paper investigates the influence of...

Purpose This paper aims to review, systematize and integrate existing research on disposition effect and investments. This study conducts bibliometric analysis, including performance analysis and science mapping and thematic analysis of studies on disposition effect. Design/methodology/approach This study adopted a thematic and bibliometric analys...

The current research article studies the stock return synchronicity (SYNCH) and profitability for Indian firms. SYNCH is measured using the value of R ² calculated from the market model for the sample firms. The market model runs regressions of individual stock returns with the Nifty index return. The quantile regression model is run to study the S...

This study examines the impact of COVID-19 on market sentiment and the stock market’s reaction at different investors’ time horizons in India. We applied wavelet coherence analysis and event study methodology during waves 1 and 2 of COVID-19 on NIFTY 50 firms. The results of this study report that market-related implicit sentiment proxies depicting...

Purpose The current study is to examine the association between cognitive abilities and financial resilience among millennial single parents. This study examines the role of cognitive abilities on financial resilience after controlling for key demographic variables – gender, age, university degree, employment status and staying with parents. Desig...

Purpose The paper aims to examine the effect of CEOs' social networks on capital structure complexity (CSC) and firm performance. Design/methodology/approach Ordinary Least Squares regression (OLS) and Generalized method of moments (GMM) regression results estimate the effect of CEOs' (Chief executive officer) social networks on capital structure...

Purpose This study aims to understand the unique financial behavior of transgender individuals compared to cisgender individuals. Furthermore, this study aims to demonstrate that understanding the financial behavior of transgender people will help financial institutions, regulators and policymakers to include them in the formal financial sector. D...

The chapter reviews existing research on merger and acquisition (M&A) activities and chief executive officers (CEOs) in organizations. The study provides insights into the existing literature and proposes avenues for future research on M&A activities and CEOs. The present study adopts bibliometric analysis on 319 articles identified from the litera...

Banking risk has gained interest from researchers after the global financial crisis and implementation of Basel III norms. The present study performs a scientific bibliometric analysis of research on banking risk till data. Research has been conducted on five major types of banking risks – credit, operational, market, liquidity, and interest rate r...

This study examines the effect of CEO social capital on capital structure complexity (CSC). Furthermore, this study explores the need for external financing, access to debt markets, and capacity for additional borrowing, CEO-specific variables, and firm-specific variables with reference to CSC. Fixed-effects regressions estimate the relations betwe...

Mergers and acquisitions (M&As) are of three types: domestic, inbound and outbound cross-border. Inbound M&As provide an inflow of foreign funds into the economy, whereas outbound M&As involve the outflow of domestic funds. This paper examines the impact of domestic and cross-border mergers and acquisitions in Brazil on each other. Design/methodolo...

Purpose This paper aims to review, systematize and integrate existing research on alternative investments. This study conducts performance analysis comprising production timeline, country-wise contributions, analysis of sources, affiliations, the geography of authors and citations of studies on alternative investments. Design/methodology/approach...

Executive Summary Capital structure decisions are vital for firms. Existing theories on capital structure partially explain the difference in capital structure decisions of identical firms. Researchers have integrated psychology with finance in recent years to explain the difference in capital structure decisions better. To help practitioners and a...

People analytics or HR analytics have become the lifeblood of the mainstream HR tech. It has been playing a vital role in HR decision-making. With its varied functionalities, it is benefitting the organization in terms of task automation, improving employee experiences, measuring performance and analysing high employee turnover, etc. In the current...

Behavioral finance integrates psychology in decision-making. Traders commit various mistakes in stock market trading activities. The mistakes of traders can be categorized to originate from cognitive and emotional biases. The use of algorithms to identify the types of behavioral bias and its adaptability or moderation is crucial. Machine learning t...

Financial decision making among married working women: A qualitative study.

This study investigates the determinants of capital structure for hospitality firms listed in India. The study validates the contradiction in the determinants of capital structure by using the data for firms listed on the Bombay Stock Exchange. Using fixed-effects regression models, the findings indicate that firm size and return on assets are sign...

This study explores the reliance of S&P BSE 500 firms on capital markets to finance their discretionary payouts (DCP). This study reports that dividend payouts are not disappearing in India. The financing of DCP shows that firms finance DCP mainly with debt and occasionally with equity. Firm characteristics, namely size, excess leverage, excess cas...

Purpose The purpose of this study is to understand the impact of the overconfidence of finance managers on the capital structure decisions of family-run businesses in the Indian scenario. Furthermore, this study aims to demonstrate that measurable managerial characteristics explain the capital structure decisions of managers. Design/methodology/ap...

The purpose of the paper is to test the new approach suggested by Martin and Wagner (2019, p 1887–1929) for calculating the expected return on stocks. The risk-neutral variance of stock, the risk-neutral variance of the market, and the volume-weighted average of risk-neutral variance are used to compute the expected return. Options prices are used...

The literature on energy-growth nexus has consistently stated that economic development, which leads to environmental degradation in its early stages, is the only way to ensure environmental sustainability. The paper examines the interrelationships between the performance on sustainability indicators and economic growth in European Union. The data...

The article presents the impact of CEO overconfidence on capital structure decisions for Indian firms. Using a sample of S&P BSE 200 companies between 2000 and 2015, this study presents results using regression models on the panel data. The findings of this study highlight the significance of behavioural bias of CEO overconfidence to better underst...

The current article studies the impact of overconfidence among finance managers on forecasted market returns in India. Overconfidence among finance managers is measured using a standardised questionnaire and data is collected from February, 2017 to October, 2018. Snowball sampling is used as the sampling technique to collect data from 200 finance m...

The current research article considers the impact of CEO overconfidence on firm performance for S&P BSE 200 firms. The CEO overconfidence is measured using revealed beliefs (holder 67, long holder and net buyer), press coverage and forecasting error proxies of CEO overconfidence. CEO Overconfidence measures are constructed as per the methodology of...

Jonah Berger, Invisible Influence: The Hidden Forces that Shape Behavior, 2016, London, UK: Simon & Schuster, 264 pp., ₹599. ISBN: 9781471148040