Prof. Jitender kumar, CFA (Assistant Professor), Kavya Balakrishnan (Research Fellow), and Dr. Amit Bagga (Professor) co-authored a new article in Managerial Finance journal. The article was co-authored with JAGSoM students Uma Sundar., M Saiteja, Kashish Gupta, J.S. Harish Ganapathi, and Ronit Roy on revisiting the mean reversion in profitability and earnings among Indian-listed firms, based on the idea that changes in profitability and earnings are somewhat predictable.
The study revealed that profitability and earnings mean-reverted for both the BSE-listed companies and the manufacturing sector companies from 2007 to 2012. However, for the years from 2013 to 2020, it was found that there is no significant evidence of mean reversion in both the BSE-listed companies and the manufacturing sector companies.
JAGSoM post-graduate programs have a unique academic intervention (credited course) known as ‘Research Incubation’ in which faculty and students engage in solving the most pressing industry problems.
Know more about the work – https://lnkd.in/dZy_yJpf
