Murugappa (Murgie) Krishnan
Acting Associate Professor
Visiting Teaching Professor
Murgie Krishnan is a visiting professor in accounting. His Ph.D. is from the University of Pennsylvania, and he has taught at various schools including Purdue, Minnesota, Carnegie-Mellon and Rutgers.
His research interests are in accounting and information economics, asset pricing with private information, industrial organization, and Indian financial markets. His work has been published in accounting, finance and economics journals, and includes work in Econometrica, the RAND Journal, Journal of Financial Markets and the Journal of Financial and Quantitative Analysis.
He has taught a variety of courses in accounting and finance, to undergrads, master's and Ph.D. students.
He also has an extra-curricular interest in India's Right to Information Act, that he has used to seek data for academic research.
Education
Ph.D. in Accounting
University of Pennsylvania, Wharton School 1987
MBA in Finance
IIM-A, India 1981
Bachelor’s of Commerce
Loyola College, University of Madras, India 1979
Courses
- BBUS 210 Principles of Financial Accounting – Undergraduate
- BBUS 211 Principles of Managerial Accounting – Undergraduate
- BBUS 373 Cost of Accounting – Undergraduate
- BBUS 454 Investments – Undergraduate
- BBUS 465 Applied Financial Accounting – Undergraduate
- BACCT 500 Quantitative Business Methods – MBA
- BACCT 503 Financial Reporting and Analysis – MBA
Research and Scholarship Interests
Disclosure in financial markets, asset pricing with private information and imperfect competition, Indian financial markets, industrial organization, shop-floor productivity.
University of Washington Bothell School of Business
Visiting Professor – Accounting 2021 – Present
Radford University
Visiting Professor – Accounting 2017 – 2019
Rutgers University
Visiting Professor – Accounting 2016 – 2017
Paterson University
Professor – Accounting 2014 – 2016
Hofstra University
Visiting Associate Professor – Accounting – 2014
Yeshiva University
Associate Professor – Accounting – 2006 – 2013
Baruch College
Visiting Associate Professor – Accounting – 2004 – 2006
Rutgers University
Associate Professor – Accounting – 1998 – 2003
University of Minnesota
Associate Professor – Accounting – 1994 – 1998
Carnegie-Mellon University
Visiting Associate Professor – Accounting – 1992 – 1993
Purdue University
Assistant Professor – Accounting – 1987 – 1994
Selected Publications
- Krishnan (2019). “Stock Price Impact of Diversity in Investor Beliefs.” Applied Economics Letters, March 2019, 1466-4291. https://doi.org/10.1080/13504851.2019.1584361
- Huang, M. Krishnan, J. Shon, and P. Zhou (2017). “Who Herds? Who Doesn’t? Estimates of Herding in Analysts’ Earnings Forecasts.” Contemporary Accounting Research, Volume 34 (Issue 1), 374-399. http://onlinelibrary.wiley.com/doi/10.1111/1911-3846.12236/full
- Cong and M. Krishnan (2012). “Measuring Firm-Specific Informational Efficiency Without Conditioning On A Public Announcement.” Applied Financial Economics, Volume 22 (Issue 21), 1799-1809.
- Cong, R. Hoitash, and M. Krishnan (2010). “Event Study With Imperfect Competition and Private Information.” Review of Quantitative Finance and Accounting, Volume 34 (Issue 3), 383-411.
- Hoitash and M. Krishnan (2008). “Herding, Momentum, and Investor Over-reaction.” Review of Quantitative Finance and Accounting, Volume 30 (Issue 1), 25-47.
- Krishnan and A. Srinivasan (2007). “How Do Shop-Floor Supervisors Allocate Their Time?” International Journal of Production Economics, Volume 105 (Issue 1), 97-115.
- Krishnan (2004). “Review of Gu. Z. and J.S. Wu, ‘Earnings Skewness and Analyst Forecast Bias’.” International Journal of Forecasting, Volume 20 (Issue 4), 734-736.
- Cho and M. Krishnan (2000). “Prices As Aggregators Of Private Information: Evidence From S&P 500 Futures Data.” Journal of Financial and Quantitative Analysis, Volume 35 (No. 1), 111-126.
- Bhattacharya and M. Krishnan (1999). “To Believe or Not to Believe.” Journal of Financial Markets, (1999), 69-98.
- Krishnan and A. Srinivasan (1997). “Do Supervisory Inputs Matter In A Capital Intensive Industry? — Some Evidence From A Japanese Car Transplant.” Managerial and Decision Economics, Volume 18, 235-245.
- Caballé and M. Krishnan (1994). “Insider Trading and Asset Pricing in an Imperfectly Competitive Multi-Security Market.” Econometrica, Volume 62 (No. 3), 695-704.
- Krishnan (1992). “On An Equivalence Between the Kyle (1985) and Glosten-Milgrom (1985) Models.” Economic Letters, Volume 40 (No. 2), 333-338.
- Krishnan and L. Röller (1993). “Preemptive Investment and Resalable Capacity.” RAND Journal of Economics, (Winter 1993), 479-502.
- Krishnan and L. Röller (1990). “Regulating Price-Liability Choices to Improve Welfare.” Economics Letters, Volume 33 (No. 4), 375-383.
- Outstanding Paper Award, Indian Institute of Capital Markets Conference – 2006
- Outstanding Paper Award, International Conference on Financial Markets and Corporate Finance – 2016
- Distinguished Paper Award, American Accounting Association Midwest Meeting
- NSE-NYU Stern Research Award – 2014
- NSE-IGIDR Research Award – 2014
- Econometric Society – 1990
- National Bureau of Economic Research – 1990
- International Travel Grant – 1990
- Purdue Research Foundation – 1988, 1989, 1990, 1991
- Econometric Society – 1995
American Accounting Association, American Economic Association, American Finance Association, Econometric Society