Faculty/Staff Current Students
Rajesh Aggarwal, Professor at D'Amore-McKim School of Business
Professor, Finance

Rajesh K. Aggarwal

413 Hayden Hall
Northeastern University
360 Huntington Avenue
Boston, Massachusetts 02115-5000




PhD, Business Economics, Harvard University
MA, Business Economics, Harvard University
BA, Economics, Yale University

Research & Teaching Interests

Professor Aggarwal’s current research interests include corporate governance, the economics of organizations, optimal capital structure, bankruptcy, executive compensation and incentives, initial public offerings, mergers and acquisitions, boards of directors, hedge fund performance evaluation, and fraud and stock market manipulation.  His current teaching interests are in corporate finance and international finance.

Industry & Academic Experience

Prior to Northeastern University, Professor Aggarwal has taught at the University of Minnesota, University of Virginia, University of Michigan, Oxford University, and Dartmouth College. He serves on the Board of Directors of Medica Health Plans and has consulted for a number of firms and government agencies.

Awards & Recognition

Faculty Excellence in Teaching Award (Teacher of the Year), Carlson School of Management, 2006

Distinguished Referee Award, Review of Financial Studies, 2010

Graham and Dodd Scroll Award (Best Paper Runner-up), Financial Analysts Journal, 2013


Selected Publications

Aggarwal, R., Jorion, P. (2010). The Performance of Emerging Hedge Funds and Managers. Journal of Financial Economics, 96: 238-256.

Aggarwal, R., Evans, M., Nanda, D. (2012). Nonprofit Boards: Size, Performance, and Managerial Incentives. Journal of Accounting and Economics, 53: 466-487.

Aggarwal, R., Jorion, P. (2012). Is There a Cost to Transparency? Financial Analysts Journal, 68: 108-123. Graham and Dodd Scroll Award winner.

Aggarwal, R., Meschke, F., Wang, T. (2012). Corporate Political Donations: Investment or Agency? Business and Politics, 14: Issue 1, Article 3.

Aggarwal, R., Buchan, J., Saint-Lauren, P. (2012). Qualitative Hedge Fund Characteristics and Firm Performance: Changes over Time. Journal of Alternative Investments, 15: 8-23.


Selected Presentations

Aggarwal, R. (2013). American Finance Association

Aggarwal, R. (2013). Indian School of Business Corporate Finance Conference

Aggarwal, R. (2013). China International Conference in Finance 

Aggarwal, R. (2013) HEC Montreal

Aggarwal, R. (2013) Georgia State University 

Selected Media Appearances