Assistant Professor of Finance
Palumbo Donahue School of Business
Pittsburgh, PA, 15282
Phone: 412.396.2621 Fax: 412.396.4764
Dr. Bhattacharya's research interests include dividend policy, corporate governance, board structure, mutual funds, financial anomalies, and market efficiency. Her current research focuses on how the role of corporate governance shifts from being a complement to a substitute for payout policy through its interplay with the idiosyncratic risk of the firm, trading behavior of mutual funds.
Dr. Bhattacharya’s recently published research evaluate momentum, a stock market anomaly, and also the herding behavior of mutual funds and its effect on fund performance. Her work on momentum has generated excitement among practitioners and has been cited by several media outlets, such as, Moneyweek, Reuters, CBS MoneyWatch.
Dr. Bhattacharya’s past banking experience with American Express, Citi, Hongkong And Shanghai Banking Corporation (HSBC) complements her teaching strengths in investment and corporate finance. She is currently teaching Business Finance and Cases in Finance to undergraduate students.
Education and Certification
Ph.D., Finance, Virginia Tech, 2014
M.B.A, Finance, Calcutta University, 2002
B.S., Economics, Calcutta University, 1999
Tuesday/Thursday 3:30 PM - 5:30 PM or by appointment.
Bhattacharya, D. (2017). Has Momentum Lost Its Momentum. Review of Quantitative Finance and Accounting.
Bhattacharya, D. (2016). Herding by Mutual Funds: Impact on Performance and Investors' Response. European Journal of Finance.
Bhattacharya, D. (2016). Does Better Corporate Governance Encourage Higher Payout. Risk, Agency Cost, and Dividend Policy. Conference on Interdisciplinary Business & Business Economics Research.
Bhattacharya, D. (2016). Industry Experience of Board and Acquisition Performance. National Central University mini-conference.
Bhattacharya, D. (2015). Herding by Mutual Funds: Impact on Performance and Investors' Response. Midwest Finance Association Annual Conference, Illinois, Chicago.
Bhattacharya, D. (2013). Has Momentum Lost Its Momentum. Financial Management Association Conference.
Bhattacharya, D. (2013). Last Exit Toll: Venture Capital Funds and Liquidity Pressure. Financial Management Association & Midwest Finance Association Annual Conference, Chicago, Illinois.
Bhattacharya, D. (2013). Last Exit before Toll: Venture Capital Funds and Liquidity Pressure. Financial Management Association.
Bhattacharya, D. (2012). Has Momentum Lost Its Momentum. Midwest Finance Association Annual Conference.