- Associate Professor
- Bert W. Wasserman Department of Economics and Finance
- (646) 312-3513
Sonali Hazarika, PhD, is Executive Director of Undergraduate Programs and an Associate Professor of Finance in the Bert W. Wasserman Department of Economics and Finance. She has taught finance courses at the graduate and undergraduate levels and has also taught in the school’s Executive MS and MBA programs. Dr. Hazarika’s diverse research interests encompass corporate governance, earnings management, market microstructure, and mutual funds. Her current work focuses on syndicated bank loans and international mutual fund investing. Her research has been published in leading finance and management journals, including Journal of Financial Economics, Management Science, Journal of Financial and Quantitative Analysis, Financial Management, and Journal of Portfolio Management, with two of her papers appearing as the lead articles. Hazarika has been awarded several grants for her research and has won faculty recognition awards for research excellence. She was the 2013 recipient of the Zicklin School’s Teaching Excellence Award. Prior to earning her PhD, she worked as a business analyst in the Economic Consulting Division of Tata Consultancy Services in Delhi, India. She holds an MA in economics from the Delhi School of Economics and a PhD in finance from the University of North Carolina at Chapel Hill.
Bank Dependence in Emerging Countries: Cross-Border Information Percolation in Mutual Fund Equity Investing (with Linda Allen, Suparna Chakraborty and Chih-Huei Su – Journal of International Business Studies, 51, 218–243, 2020.
Success in Global Venture Capital Investing: Do Institutional and Cultural Differences Matter? (with Rajarishi Nahata and Kishore Tandon) – Journal of Financial and Quantitative Analysis, 49(4), 1039-1070, 2014.
Internal Corporate Governance, CEO Turnover, and Earnings Management (with Jonathan M. Karpoff and Rajarishi Nahata) –Journal of Financial Economics, 104(1) 44-69, 2012.
Governance, Debt and Investment Policy during the Great Depression (with John Graham and K. Narasimhan) – Management Science, (lead article) 57(12), 2083-2100, 2011.
Financial Distress in the Great Depression (with John Graham and K. Narasimhan) – Financial Management, (lead article), 40(4), 821-844, 2011.
Equity Market Microstructure: Taking Stock of What We Know (with Reto Francioni, Martin Reck and Robert A. Schwartz), Journal of Portfolio Management 35, 2008.
Security Market Microstructure: The Analysis of a Non-Frictionless Market (with Reto Francioni, Martin Reck and Robert A. Schwartz), book chapter in the Handbook of Quantitative Finance and Risk Management, C.F. Lee and Alice Lee, ed. Springer Science +Business, February 2010.
United Nations Principal of Responsible Investment Research Grant (2019-2020). How can executive pay drive and deliver corporate sustainability in the long-term?
Professional Staff Congress – CUNY Research Grants, 2004 – 2008, 2010, 2012, 2014, 2015, 2017, 2018, 2020
Baruch College Faculty Recognition Award for research excellence 2009, 2010, 2012
Wasserman Summer Research Awards 2015-2019
Teaching Excellence Award, Zicklin School of Business, Baruch College
Best Paper Award at the Second Annual Conference on Corporate Governance and Fraud Prevention at George Mason University, 2009
Professional Staff Congress – CUNY Research Grants, 2004, 2005, 2006, 2007, 2010, 2012
Baruch College Faculty Recognition Award for research excellence 2009, 2011
University of North Carolina at Chapel Hill Graduate Scholarship, August 1999 – May 2003
Hansraj College Merit Scholarship, University of Delhi, May 1994