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

  • "Performance Contingencies in CEO Equity Awards and Debt Contracting,'' with John Bizjak and Vassil Mihov. Forthcoming, The Accounting Review.
  • "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.
  • "Why do Insiders Hedge Their Ownership? An Empirical Examination,” with Carr Bettis, and John Bizjak, Financial Management, 2015.
  • "Stock and Option Grants with Performance-based Vesting Provisions," with Carr Bettis, John Bizjak and Jeffrey Coles, Review of Financial Studies, 2010.