Faculty & Staff Directory

Swaminathan Kalpathy

Associate Professor
Finance Department


  • PhD, Arizona State University
  • MBA, Southern Illinois University
  • BS, Birla Institute of Technology and Science

Areas of Expertise/Research

  • Corporate Finance
  • Corporate Governance
  • Executive Compensation

Selected Publications

  • “The Choice of Peers for Relative Performance Evaluation in Executive Compensation,” with John Bizjak, Frank Li, and Brian Young. Forthcoming, Review of Finance.
  • “CEO Political Leanings and Store-Level Economic Activity during COVID-19 Crisis: Effects on Shareholder Value and Public Health,” with John Bizjak, Vassil Mihov, and Jue Ren. Forthcoming, Journal of Finance.
  • “Performance Contingencies in CEO Equity Awards and Debt Contracting,” with John Bizjak and Vassil Mihov. The Accounting Review, 2019.
  • “Performance-Vesting Provisions in Executive Compensation,” with Carr Bettis, John Bizjak and Jeffrey Coles. Journal of Accounting and Economics, 2018.
  • "CEO Compensation and Risk-taking at Financial Firms: Evidence from U.S. Federal Loan Assistance," with Amar Gande. Journal of Corporate Finance, 2017.