Bhagat
Provost Professor • Division Chair
Finance • Professional Effectiveness

Koelbel S431

Biography

Whether advising Fortune 500 companies or using his work experience at the U.S. Securities Exchange Commission to illustrate a point in class, Professor Sanjai Bhagat is easily able to explain complicated financial theories to students.

Throughout his more than 20-year teaching career, Bhagat has been recognized for excellence in education. He was the Graduate Professor of the Year and winner of the Frascona Undergraduate Teaching Excellence Award and an Educator of Distinction Award Finalist.

In addition to teaching finance at the Leeds School of Business, Bhagat is also connected to the start-up community in Colorado and is the founding director of TiE-Rockies (The Indus Entrepreneurs)—a professional group for technology entrepreneurs.

His work “The Promise and Perils of Corporate Governance Indices,” was recently selected as one of the “Best Corporate and Securities Articles” by the Vanderbilt Law School publication Corporate Practice Commentator. The European Corporate Governance Institute also awarded the article the De Brauw Blackstone Westbroek Law Prize for best paper.

During the past decade Dr. Bhagat has made invited public presentations to a variety of professional audiences:

  • April 2017. Participant at the White House Initiative, “Core Principles for Regulating the United States Financial System” at the U.S. Department of the Treasury, Washington DC.
  • April 2017. Presentation on “Financial Crisis, Corporate Governance, and Bank Capital” to economists and attorneys at the U.S. Federal Deposit Insurance Corporation in Washington DC.
  • November 2016. Presentation on executive and director compensation reform. U.S. Securities & Exchange Commission, Washington DC.
  • June 2016. Presentation on M&A strategies for the mid-size companies. TiE-Rockies, Denver CO.
  • December 2014. Presentation on valuation and governance. To venture capitalists and CEOs of high-tech companies. Mumbai, India.
  • April 2014. Presentation on valuation of high-tech startups. Society of Physician Entrepreneurs.
  • March 2014, Submission of amici curiae brief to the U.S. Supreme Court in EPJ Fund, Inc., et al. v Halliburton, et al.
  • October 2012. Executive and director compensation reform. Council of Institutional Investors annual meeting in Seattle, WA.
  • October 2008. Plenary session speaker on executive compensation reform at the National Association of Corporate Directors annual meeting. Washington DC.

Publications

Financial Crisis, Corporate Governance, and Bank Capital (Cambridge University Press, 2017).

“IPO Valuation: The International Evidence,” in The Oxford Handbook of IPO Valuation, Oxford University Press, 2017.

"Employment, Corporate Investment, and Cash Flow Uncertainty," Journal of Financial & Quantitative Analysis, 2017.

Size, Leverage, and Risk-Taking of Financial Institutions,” Journal of Banking and Finance 592015

Bank Executive Compensation And Capital Requirements Reform” Journal of Corporate Finance, 2014.

"Director Ownership, Governance and Performance," Journal of Financial & Quantitative Analysis, 2013.

Why Do Venture Capitalists Use Such High Discount Rates?” Journal of Risk Finance, 2014.