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Rahul Ravi, PhD

Professor, Department of Finance

Contact information

Research areas: Empirical Market Microstructure, Market Efficiency, Initial Public Offerings (IPOs), Information and Uncertainty, Venture Capital, Corporate Social Responsibility, Family Firms, Gender and leadership

Teaching domains: Finance

Intellectual contributions (last 10 years)

Peer-reviewed journal articles

RAVI, R. (2026). From AI companions to climate action, we undervalue what lies ahead. The Conversation.

RAVI, R., BETTON, S., LEITHMAN, G., KUMAR, S. (2026). Women and racialized CEOs may outperform their peers because they face tougher barriers to the top. The Conversation.

KUMAR, S., RAVI, R., BASU, N. (2024). Between responsive gestures and adaptive actions: Deciphering the differential impact of CSR strategies on stock market performance. Managerial Finance. doi:10.1108/MF-01-2024-0052.

MORADI DEZFOULI, K., RAVI, R. (2024). The impact of CEO and CFO gender on family firm performance. Journal of Applied Business and Economics, 26 (4). doi:10.33423/jabe.v26i4.7263.

KUMAR, S., RAVI, R. (2023). Earnings management: Are men from Mars and women from Venus? Managerial Finance, 49 (6), 1017-1035. doi:10.1108/MF-04-2022-0154.

COMBS, J., JASKIEWICZ, P., RAVI, R., WALLS, J. L. (2022). More bang for their buck: Why (and when) Family firms better leverage corporate social responsibility. Journal of Management. doi:10.1177/01492063211066057.

MORADI DEZFOULI, K., RAVI, R. (2022). Do managerial entrenchment and high free cash flow always have negative impact? Journal of Accounting and Finance, 22 (5), 58-78. doi:10.33423/jaf.v22i5.5634.

PRAKASH, R., RAVI, R., ZHAO, R. (2017). The anatomy of a socially responsible corporation. Financial Management, 46 (1), 33-58. doi:10.1111/fima.12160.

Conference proceedings

RAVI, R., KUMAR, S., BETTON, S., LEITHMAN, G. (2023). When distinction disguises discrimination: a look at female and non-white CEO performance. Academy of Management Best Paper Proceedings. doi:10.5465/AMPROC.2023.134bp.

Conference presentations

BASU, N., HUNG, L., RAVI, R. (2019). Corporate social responsibility and entrenchment. Administrative Sciences Association of Canada (ASAC) Conference, St. Catharines, ON.

BETTON, S., KUMAR, S., LEITHMAN, G., RAVI, R. (2019). Breaking through glass ceilings: Occupational minority CEOs and firm performance. Financial Management Association (FMA) Annual Meeting, New Orleans, LA.

MORADI, K., RAVI, R. (2019). Agency conflict in family firms. Financial Management Association (FMA) Annual Meeting, New Orleans, LA.

JASKIEWICZ, P., COMBS, J., RAVI, R. (2018). Family ownership and the link between CSR activities and firm performance. International Family Enterprise Research Academy (IFERA) Research development workshop, Zwolle.

KUMAR, S., RAVI, R., BASU, N. (2017). Corporate social responsibility and the market value of the firm - (runner up for the emerald - IFC 2017 best paper award). India Finance Conference (IFC), Bangalore.

RAVI, R. (2017). Airline entry into multipartner alliances – the embeddedness effect. Administrative Sciences Association of Canada (ASAC) Conference, Montreal, QC.

RAVI, R. (2017). Family ownership and the link between CSR activities and firm performance. Southern Academy of Management (SMA) Conference, St. Pete Beach, FL.

Student supervision (last 10 years)

Theses supervised completed

PhD dissertations

2026: Ashrafee Takdir Hossain, Essays in Finance

2023: Ramin Eghbalzadeh, Discrete-Time Arbitrage-Free Nelson-Siegel Model and its Applications to Participating Life Insurance Contracts and Swaptions Pricing

2021: Azadeh Babaghaderi, Essays in Corporate Spinoff Incompletion

2020: Sonal Kumar, Three essays on ethical corporate behavior

2020: Sam Kolahgar, Investor Relation and Stakeholder Communication in Corporate Finance

MSc theses

2021: Carl Ajjoub, A Systematic Analysis of Equity Issuance: Evidence from Around the World

2017: Tian Ye, The influence of dark pool activity on the open market price impact of takeover rumors

Theses committee membership

PhD dissertations

2020: Cagdas Tahaoglu, Three Essays on Financial Markets

2018: Kaveh Moradi Dezfouli, Essays in corporate governance and environmental risks

2018: Ksenia Kordonsky, PhD thesis committee

2017: Nabil El-Meselmani, Three essays on mergers and acquisitions

MSc theses

2023: Aman Bajaj, The USMCA: A Bad Deal for Most

2022: Alison Cabana-Wong, The relationship between inflation and small-cap premiums and evaluating small-cap stocks as a hedge to inflation for G7 countries

2021: Mikel Bitton, A Systematic Analysis of Equity Issuance: Evidence from Around the World

2021: Danya Bouwman, The Impact of News Analytics on High-Frequency Stock Market Dynamics

2021: Keith Porter, The Weighted Average Cost of Capital and Investment; new insights from Emerging Markets.

2020: Jinxiu Guo, Do announcements of dividend payment frequency change matter?

2019: Anna Cherkas, Understanding the impact of CEO motivations for M&As on post-acquisition target performance

2019: Gervais Arel, Competitive effects of US and international acquisitions: Examining the abnormal returns to rivals of acquisition targets

2018: Burrows Sarah, Corporate governance antecedents of top management pay dispersion that undermines firm performance

2018: Tuan Anh Nguyen, CEO age, compensation contracts and risk-taking

2018: Jueji Chen, Agency, stewardship and corporate acquisition decisions

2017: Heng Yue, Effects of the short sale circuit breaker on the stock market

2017: Yanting Wu, The effectiveness of listing strategies in the housing market

Teaching experience (last 5 years)

John Molson School of Business

Undergraduate

Since 2025: FINA385 Theory of Finance I

Graduate

Since 2025: EMBA625 Global Experience
Since 2023: GIIM695 Special Topics in Investment Management
2018 - 2024: MBA646 Financial Management
2023: GIIM696 Soft Skills for Tomorrow's Financial Professional
2023: GIIM617 Corporate Finance
2023: GIIM697 Applied Investment Management

Work experience

John Molson School of Business

Since 2024: Professor, Department of Finance

2020 - 2026: Program Director, Executive MBA

2019 - 2024: Director, Goodman Institute of Investment Management

2014 - 2024: Associate Professor, Department of Finance

2017 - 2020: Department Chair, Finance

2016 - 2017: Co-Director David O'Brien Centre for Sustainable Enterprise

2007 - 2014: Assistant Professor, Department of Finance

External

Academic

2005 - 2007: Lecturer
University of Alberta, Canada

Education

Degrees

2007: Doctor of Philosophy (Ph.D.) in Finance
University of Alberta, Canada
2000: Master of Business Administration (MBA)
University of Alberta, Canada
1994: Bachelor of Science in Mathematical Statistics (Honors)
University of Delhi, India