Philip R. McDonald Chair
Professor, Finance

Jayant Kale

418C Hayden
Northeastern University
360 Huntington Avenue
Boston, Massachusetts 02115-5000

617.373.4572
j.kale@northeastern.edu


Profile

Education

PhD, University of Texas at Austin
PGDM, Indian Institute of Management Bangalore
B.Sc. (Hon), Birla Institute of Technology and Science, Pilani

Research & Teaching Interests

Professor Kale's research is on topics in corporate finance and mutual fund investing. His recent research in these areas examines the role of product market considerations and agent incentives in the financial policies of corporations and the investment decisions of mutual funds. He has taught undergraduate, MBA, and PhD course in Corporate Finance and undergraduate and MBA courses in International Finance.

Industry & Academic Experience

Prior to joining the faculty at Northeastern, Professor Kale was the H. Talmage Dobbs, Jr. Chair and Professor of Finance at Georgia State University's J. Mack Robinson College of Business. He has also taught at Indian Institute of Management Bangalore, Indian School of Business, and Nanyan g Technological University (Singapore).

Awards & Recognition

Professor Kale has received Best Paper awards at numerous conferences. He was named University Distinguished Professor and was the recipient of the Sparks Award at Georgia State University.

Publications

Selected Publications

Huang, L., & Kale, J. R. (2013). Product market linkages, manager quality, and mutual fund performance. Review of Finance, 17(6), 1895-1946.

Kale, J. R., Meneghetti, C., & Shahrur, H. (2013). Contracting with Nonfinancial Stakeholders and Corporate Capital Structure: The Case of Product Warranties. Journal of Financial and Quantitative Analysis, 48(03), 699-727.

Hu, P., Kale, J. R., Pagani, M., & Subramanian, A. (2011). Fund flows, performance, managerial career concerns, and risk taking. Management Science, 57(4), 628-646.

Kale, J. R., Reis, E., & Venkateswaran, A. (2009). Rank‐Order Tournaments and Incentive Alignment: The Effect on Firm Performance. The Journal of Finance, 64(3), 1479-1512.

Kale, J. R., & Shahrur, H. (2007). Corporate capital structure and the characteristics of suppliers and customers. Journal of Financial Economics, 83(2), 321-365.

Presentations

Selected Presentations

Finance Cavalcade, Society of Financial Studies, 2011, Ann Arbor, Michigan

Financial Intermediation Research Society Conference, 2011, Sydney, Australia

European Finance Association, 2011, Stockholm, Sweden

Challenges of Corporate Governance Conference, 2013, University of Bath, U.K.

NSE-NYU Conference on Indian Capital Markets, July 2013, Mumbai, India