Assistant Professor
Department of Financial Administration
School of Management
Central University of Punjab
Orcid Id: 0000-0002-0706-9647
Scopus Id: 57650947800, 57719762700
- Ph.D. (Commerce) from Guru Nanak Dev University, Amritsar (under the Supervision of Dr. Sumninder Kaur Bawa)
- M.Com. (Accounting and Finance) from Guru Nanak Dev University, Amritsar with distinction and First Rank
- UGC-JRF (Commerce)
Teaching Experience
Working as Assistant Professor in the Department of Financial Administration, School of Management, Central University of Punjab.
Worked as Assistant Professor in the Department of Commerce, School of Commerce and Management, Central University of Rajasthan.
Finance & Accounting; General Management
Derivative Market, Climate Finance and Environmental Social Governance (ESG)
Ongoing:
Project entitled “Assessing the Effectiveness of Suryamitra Skill Development Programme in Strengthening the Solar Entrepreneurship and Employment" approved under ICSSR Collaborative Empirical Research Project on Solar Energy & Sustainability (2024-25). Rs. 1000000/-
Completed:
Project entitled “Outburst of Covid-19 and its Impact on the Stock Markets: A Cross-Country Analysis” approved under Research Seed Money Grant. (Rs. 150000/-)
- Reviewer of Applied Economics (Taylor and Francis)
- Reviewer of Cogent Business and Management (Taylor and Francis)
- Reviewer of Cogent Economics and Finance (Taylor and Francis)
- Reviewer of Global Business Review (Sage Publication)
- Reviewer of FIIB (Sage Publication)
- Member of Centre for Promoting Ideas (USA);
- Lifetime member of the Indian Econometric Society (TIES),
- Lifetime member of the Indian Commerce Association (ICA)
- Lifetime member of the Indian Accounting Association (IAA)
- Subject Matter Expert, TCSion, Tata Consultancy Services.
- Received Cash Prize for the paper presention in the Fifth SEBI-NISM-LSE Research Conference on Harnessing Technology Innovation and Regulations for Sustainable Growth organised by National Institute of Securities Management (NISM), Mumbai.
- Received best paper award in SIFICO International Conference on Risk Management in Banks and Financial Markets organized by K. J. Somaiya Institute of Management, Mumbai. (January 17-18, 2020).
- Awarded UGC-JRF.
RESEARCH PUBLICATION (Selected Publications)
Scopus Indexed Research Paper
- Sharma, D., Verma, R., Al-Bukari, M. B. H., Zaid, M. A. K., & Raghavan, P. (2024). Herding behavior in cryptocurrency market: evidence from COVID-19, Russia–Ukraine war, and Palestine–Israel conflict. Cogent Economics & Finance, 12(1), 1-13. (Scopus Indexed & Taylor and Francis Publication), (IF – 2, Q2 and ABDC-B)
- Hasan, M. B., Verma, R., Sharma, D., & Alaqel, A. (2024). The Synergistic Effect of Corporate Social Responsibility and ESG Disclosure on Green Innovation: Evidence from Least Developed Countries. Cogent Business & Management, 11(1), 2396051. (Scopus Indexed & Taylor and Francis Publication). (IF – 3, Q2)
- Hasan M.B., Verma R., Sharma D., Moghalles S.A.M., & Hasan S.A.S. (2024). The impact of Environmental, Social, and Governance (ESG) Practices on Customer Behavior towards the Brand in light of Digital Transformation: Perceptions of University Students. Cogent Business and Management. 11(1). 207-225. (Scopus Indexed & Taylor and Francis Publication) (IF – 3, and Q2).
- Zaid M., Khan M., Saleh M.H., Sharma D., Verma R., Hasan M. (2024). How and when does green transformational leadership affect environmental performance? International Journal of Business Environment. 15(2), 170-192. (Scopus Indexed and Inderscience). (IF – 1.2, and Q3)
- Verma R., Sharma D. & Chugh P. (2024). Does Corporate Governance Influence Intellectual Capital? An Evaluation of Indian and Chinese Banks, International Journal of Economic Policy in Emerging Economies. 19(2). 207-225. (Scopus Indexed and Inderscience Publication). (Cite Score – 1.5, Q2, ABDC-C)
- Sharma D., Verma R., Sam S. & Godara P. (2024). Relationship between Covid-19 waves and stock markets: An event study analysis. International Journal of Financial Engineering. (IF 0.6, Web of Science and ABDC-C).
- Sharma D., Verma R., Sam S. & Sharma S. (2023). Reaction of Indian Stock Market to Outbreak of Covid-19: An Empirical Analysis of Extreme Inter Day Movements. Vision: The Journal of Business Perspective. (Accepted, Scopus Indexed and Sage Publication). (IF 3, Q2 and ABDC-C)
- Verma R. Sam S. & Sharma D. (2023). Does Google Trend Affect Cryptocurrency? An Application of Panel Data Approach. SCMS Journal of Indian Management, 20(2), 124-132. (Scopus and ABDC-C).
- Verma R., Sharma D. & Sam S. (2023). Cryptocurrency Market Anomaly: The Day-of-the-week effect, Finance India, XXXVII(1), 301-316 (Scopus Indexed, Cite Score 0.5 and ABDC-C)
- Verma R., Sharma D. & Chugh P. (2022). Relationship among Environmental Performance, R&D Expenditure and Financial Performance. Global Business Review. 23(6), 1316-1335. (Scopus Indexed and Sage Publication), (IF 2.5, Q1 and ABDC-C)
- Verma R., Sharma D. & Sam S. (2022). Covid-19 Lockdown and Stock Market Reaction: An Empirical Insight for Major Global Indices. Nigerian Journal of Economics and Social Studies, 64(3), 397-406 (Scopus Indexed and Cite Score 0.5)
- Verma R., Sharma D., Sharma S., & Sam S. (2022). Relationship between Bank-Specific factors and Non-Performing Assets of Indian Banks during Post Global Financial Crisis Era, Finance India. XXXVI(2), 867-885 (Scopus Indexed, Cite Score 0.5 and ABDC-C)
- Verma R., Sharma D. & Sam S. (2022). Testing of Random Walk Hypothesis in the Cryptocurrency Market, FIIB Business Review, 1-9. (Scopus Indexed) (IF 2.5, Q1 and ABDC-C)
- Bawa, K. S & Verma, R. (Feb 2012). Factors Affecting the Selection of Health Insurance: An Empirical Study. Prabandhan Indian Journal of Management Studies, 5(2), 35-41. (Scopus Indexed, Cite Score - 3.3 and Q2)
UGC CARE Listed Paper
- Sharma D., Verma R. & Hasan M.B. (2024). Audit Quality, Gender Diversity and Corporate Performance: An analysis of Listed Companies in India. IUP Journal of Accounting Research & Audit Practices.
- Verma R. & Rathore J.S. (2021). The analysis of Dynamic Relationship among Sectoral Indices: Evidence from the first 100 days of Covid-19 pandemic. Artha Vijnana, LXV(1), 65-77
- Verma R., Sharma D. & Rathore J.S. (2021). Factor affecting Profitability of Indian Commercial Banks: A Study with reference to Consolidation. PIMT Journal of Research, 13(4)
- Verma R., Sharma D., & Jawahar J. (2021). Impact of Corporate Governance on Environmental Information Disclosure: Evidence from India. Orissa Journal of Commerce, 42(1), 16-28.
- Sharma D., Verma R. & Sam S. (2020). Effect of Demonetization on Cashless Transactions in India. Shodh Sarita, 7(25), 57-66
- Bawa, K. S & Verma, R. (Jan-June, 2011). Community Health Insurance in India: An Insight into Working and Performance. Journal of Insurance Institute of India Mumbai, XXXVII, 57-66.
Other Reputed Publication
- Sharma D., Verma R., Patil C., and Nayak J. K. (2024). Relationship between intellectual capital and firm performance: evidence from the Indian sugar mill industry. IIMT Journal of Management. Ahead of print. (Online Published, Emerald Publication)
- Sharma D., Verma R. & Sam S. (2021). Adoption of cyrptocurrency: An international perspective. International Journal of Technology Transfer and Commercialization, 18(3), 247-260. (Inderscience Publication)
- Sharma D. & Verma R. (2020). Reaction of Stock price to Fraud’s announcements: Evidence from Indian banking sector. Asia-Pacific Journal of Management Research and Innovation, 16(2), 157-166 (Sage Publication)
- Bawa, K. S & Verma, R. (2011). Efficiency of Health Insurance Business in India: An Application of DEA. An American Journal of Social and Management Science, An Official Publication of Science Hub, 2(2), 237-247
- Bawa, K. S & Verma, R. (2011). Awareness and Willingness to Pay for Health Insurance: An Empirical Study with Reference to Punjab India. International Journal of Humanities and Social Science, Centre for Promoting Ideas, USA, 1(7), 100-108
Book Chapter Published
- Sharma, D., Verma, R., & Sam, S. Co-Integration and Causality between Macroeconomics Variables and Bitcoin. Data-Driven Modelling and Predictive Analytics in Business and Finance (pp. 332-344). Auerbach Publications. (Scopus Indexed and Taylor & Francis Group)
- Verma, R., Sharma, D., & Rathore, J. S. Analysing the Reaction for M&A of Rivals in an Emerging Market Economy. Data-Driven Modelling and Predictive Analytics in Business and Finance (pp. 274-293). Auerbach Publications., (Scopus Indexed and Taylor & Francis Group).
- Sharma, D., Verma, R., & Sharma, S. (2023). Determinants of Non-Performing Loans: Evidence from Indian Banks. In Data Analytics for Management, Banking and Finance: Theories and Application (pp. 267-281). Cham: Springer Nature Switzerland. (Scopus Indexed, Springer).
- Sharma, D., Verma, R., Singh, H. (2023). An Evaluation of Cashless Transactions During Pre- & Post-Demonetization Era in India. In: Estrada, S. (eds) Digital and Sustainable Transformations in a Post-COVID World. Palgrave Macmillan (Springer), Cham., 211-230, (Scopus and Springer Publication)
- Verma R., Sharma D., & Singh H. (2023). Day of the Week effect in Stock Market of India: A case study of Sectoral Indices, published in book entitled Advances in Management Research by Routledge (Taylor & Francis Group). 197-209
Book Published
- Verma R. & Sharma D. (2019). Health Insurance in India: An Analysis of Performance and Prospects. Lambert Academic Publishing, (ISBN No, 978-3-330-34775-5).
Ph.D. Candidates
Ms. Urvi Singh |
Relevance of Forensic Accounting in curbing frauds: An empirical analysis of Indian Banking Sector |
Awarded in 2019 |
Ms. Janaki Singh |
Merger and Acquisition in Indian Banking Industry: An empirical analysis of Market Concentration, Shareholders’ wealth and Financial Performance |
Awarded in 2022 |
Ms. Shiney Sam |
Spillover, Sensitivity and Persistence in the Cryptocurrency Market: A Cross – Country Analysis |
Awarded in 2023 |
Mr. Murad Al-Bukari (International Research Scholar) (Co-Supervisor) |
Impact of Environmental, Social, Governance (ESG), and Green Innovation(GI) on the Business Performance of SMEs of Saudi Arabia |
On-Going |
Mr. Deepak (UGC-NFSC Fellow) |
Macroeconomic Determinants, Weather Conditions, and Suspension in the Commodity Derivative Market: A Cross-Country Analysis |
On-Going |
Post Graduate Candidates
- Guided More than 40 Dissertations of students of M.Com. and M.Sc.(Statistics).
Paper Presented in Conferences (Selected Details)
International Conference (Abroad)
- Presented a paper entitled “Empirical analysis of Herding Behavior and Volatility during Russia-Ukraine war in Indian and Japanese stock markets” in the Adaptability, Resilience, and Sustainability (ADRES-2024): An ESG-oriented and SDG-driven inter-disciplinary conference, organized by London Institute of Social Studies, UK on November 23, 2024.
- Presented a paper entitled “Factors Affecting the Intellectual Capital Disclosures in the Indian Healthcare Sector” in the 5th International Conference on ESG Management and Green FinTech, organized by Center for Innovative FinTech Business Models, National Cheng Kung University, Taiwan on November 08, 2024.
- Presented a paper entitled “Stock Market Reaction to Outbreak of Covid-19: An Empirical Study of Indian Sectoral Indices” in the 18th Bulletin of Monetary Economics & Banking (BMEB) International Conference on Policy Innovation in a Turbulent World: Embracing Digitalization and Artificial Intelligence Amid Global Uncertainty, organized by Bank India Institute, Indonesia in collaboration with the Asia Pacific Applied Economics Association (APAEA) on July 24, 2024.
- Presented a paper entitled “Impact of Cross-Border Mergers and Acquisitions (CBMA) on Corporate Social Responsibility Activities (CSR) of selected Indian Companies” in the Finance, Marketing, Operations for Sustainable Business (FMOS 2024) Research Conference, organized by American Institute of Applied Sciences in Switzerland, during June 07-08, 2024.
- Presented a paper entitled “Derivative Use and Financial Performance: Evidence from Indian Stock Market” in the 4th International Conference on Sustainable FinTech and Supply Chain Management (SFSCM 2023), organized by National Cheng Kung University, Taiwan during November 09, 2023.
- Presented a paper entitled “Impact of Russia –Ukraine Invasion on the European and American Stock Market” in the 8th International Conference on Smart Finance, organized by the University of Wollongong, Dubai during August 05-06, 2023.
- Presented a paper entitled “Impact of Intellectual Capital on the Firm Performance: An Analysis of Indian Biotech Companies” in the 8th International Conference on Smart Finance, organized by the University of Wollongong, Dubai during August 05-06, 2023.
- Presented a paper entitled “Interdependence in the Cryptocurrency Market: A BEKK-MGARCH Approach” in the 24th Annual Conference on Finance and Accounting (ACFA 2023) organized by Faculty of Finance and Accounting, Prague University of Economics and Business, Czech Republic during June 01-02, 2023.
- Presented a paper entitled “Impact of First and Second Wave of Covid-19 on the Stock Market” in the 2nd International Conference on Technology, Innovation and Sustainability in Business Management (ICTIS 2023) organized by the Middlesex University, Dubai during May 03-04, 2023.
- Presented a paper entitled “Impact of Russia- Ukraine War on the Stock Markets: A study of NATO Nations” in the 4th Asia Conference on Business and Economic Studies (ACBES 2022) organized by the Journal of Asian Business and Economic Studies (JABES) and University of Economics Ho Chi Minh City (UEH) during August 29-31, 2022.
Paper Presented in International Conference (India)
- Presented a paper entitled “Relationship of Macroeconomic Determinants and Weather Conditions with the Commodity Derivative Market” in the 4th International Conference on Innovation and Sustainable Business Practices in the Digital Era 2025, organized by VIT-AP School of Business (India), New Castle Business School (Australia), Birmingham City University (UK) and Heriot-Watt University (UK) during February 14-15, 2025.
- Presented a paper entitled “Dynamics of Commodity Derivative Market bumping the Economic Development of Countries with Erratic Income Group” in the Fifth Annual International Research Conference on Securities Market 2024-25 on Harnessing Technology, Innovation and Regulations for Sustainable Growth organized by National Institute of Securities Markets (NISM) during February 13-14, 2025.
- Presented a paper entitled “An Association of Commodity Derivative Market and Economic Development in BRICS Nations” in the 1st International Conference on Sustainable Finance organized by School of Humanities, Social Sciences and Management, IIT Bhubaneswar In collaboration with National Stock Exchange (NSE) during December 06-08, 2024.
- Presented a paper entitled “Measuring Market Competitiveness of Indian Health Insurance Sector” in the 7th International Conference on Applied Econometrics (ICAE – 2024), organized by ICFAI School of Social Science, IFHE Hyderabad during July 11-12, 2024.
- Presented a paper entitled “An Empirical Investigation of Financial Performance of Indian Tourism Companies during Pre & Post Covid-19” in the International Conference on Sustainable Models and Paradigms for Future of World Tourism and Hospitality Sector: Innovations, Challenges and Opportunities, organized by Centre for Mountain Tourism & Hospitality Studies (CMTHS), HNB Garhwal University on February 09-10, 2024.
- Presented a paper entitled “Outbreak of Covid-19 and Financial Performance: An Analysis of Indian Agriculture Sector” in the 4th International Conference on Changing Business Paradigm (ICCBM-2024) organized by MDI Murshidabad on January 05-07, 2024.
- Presented a paper entitled “Bitcoin and Macroeconomic Variables Interaction: Evidences from Indian Market” in the 6th Biennial International Conference organized by Sri Guru Gobind Singh College of Commerce and Department of Commerce, University of Delhi held during March 10-11, 2022.
- Presented a paper entitled “Stock Market Reactions to Covid-19 Pandemic: An Empirical Analysis of Major Global Indices” in the ISDSI-Global Conference 2021, “Leading Business in Fluid World” organized by Indian Institute of Management (IIM) Nagpur during December 27-30, 2021.
- Presented a paper entitled “Random Walk Hypothesis for Cyrptocurrency Market: An empirical test” in 3rd ICDE and 14th ISDSI Annual Conference organized by Centre for Digital Economy, IIM Raipur held during December 27-29, 2020.
- Presented a paper entitled “Impact Assessment of COVID-19 pandemic on the top 10 affected countries” in TEQIP-III sponsored E-International conference on Socio-Economic and Health Challenges due to Covid-19 and Mitigation Strategies (SEHCM-2020) organized by Centre of Continuing Education, Dr. B R Ambedkar National Institute of Technology Jalandhar held during October 22-23, 2020.
- Presented a paper entitled “Industry consolidation, and internal and external determinants of profitability: evidence from Indian commercial banks” at SIFICO International Conference on Risk Management in Banks and Financial Markets organized by K. J. Somaiya Institute of Management, Mumbai. (January 17-18, 2020).
- Presented a paper entitled “Relationship between Macro Variables and Bitcoin: Evidence from Indian Market” at 17th AIMS International Conference. IIM Kozhikode. (January 2-4, 2020).
- Presented a paper entitled “Cost efficiency gains in M&As: A non-parametric study of the Indian banking sector” at 7th Pan IIM World Management Conference organized by IIM Rohtak, (December 12-14, 2019).
- Presented a paper entitled “Do Mergers & Acquisitions impact market concentration? Evidence from Indian Banking Industry” in the International Conference on Business and Management (ICBM-2019) organized by Delhi School of Management, Delhi Technical University on March 29-30, 2019.
- Presented a paper entitled “Merger and Acquisitions in the Indian Banking Sector: A DEA Window Approach” in the First PAN IIT International Management Conference-2018 organized by Department of Management Studies, Indian Institute of Technology (IIT) Roorkee on November 30- December 02, 2018.
ORIENTATION, REFRESHER AND WORKSHOPS ATTENDED
- Participated in Five Days’ Workshop on Curriculum Development organized by Department of Education, Central University of Punjab. (February 06 - 10, 2023).
- Participated in Five Days Online FDP on ”Structure Equation Modelling using Smart PLS” organized by Faculty of Management Studies (July 25- 29, 2022).
- Participated in Two Weeks Interdisciplinary Refresher Course on ”advanced Research Methodology and Multivariate Data Analysis” organized by Teaching Learning Centre, Ramanujan College, University of Delhi under the scheme of Pandit Madan Mohan Malviya National Mission on Teachers and Teaching (MHRD) and Indian Accounting Association, NCR Chapter (April 30- May 12, 2022) with A+ grade.
- Participated in Two Weeks Interdisciplinary National Refresher Course on ”New Paradigm in Commerce and Management” organized by Teaching Learning Centre, Ramanujan College, University of Delhi under the scheme of Pandit Madan Mohan Malviya National Mission on Teachers and Teaching (MHRD) and Indian Accounting Association, NCR Chapter (September 15- September 28, 2021) with A+ grade.
- Participated in the Research Methodology Workshop organized by the IIM Bodh Gaya, during April 21, 2021 to April 22, 2021.
- Participated in 3rd One Month Online Faculty Induction Programme organized by the UGC-HRDC, Jamia Millia Islamia, New Delhi from December 28, 2020 to February 02, 2021 with A grade.
- Participated in Faculty Development Programme on Business Analytics- Concepts and Applications organized by School of Management Studies, University of Hyderabad (August 28- September 01, 2020).
- Participated in 7 days National Faculty Development Programme on Time Series and Panel Data Analysis organized by Teaching Learning Centre, Ramanujan College, University of Delhi under the scheme of Pandit Madan Mohan Malviya National Mission on Teachers and Teaching (MHRD) and Indian Accounting Association, NCR Chapter (July 20- July 26, 2020).
- Participated in Two weeks FDP on Managing online classes and Co-creating MOOCs 2.0 organized by Teaching Learning Centre, Ramanujan College, University of Delhi under the aegis of MHRD Pandit Madan Mohan Malviya National Mission on Teachers and Teaching (May 18- June 03, 2020).
- Participated in Two weeks FDP on Managing online classes and Co-creating MOOCs organized by Teaching Learning Centre, Ramanujan College, University of Delhi under the aegis of MHRD Pandit Madan Mohan Malviya National Mission on Teachers and Teaching (April 20- May 05, 2020).
- Participated in 34th Refresher Course in Commerce organised by UGC- HRDC, GJUS&T, Hisar on June 09- 29, 2016.
- Participated in Workshop on Innovations Entrepreneurship & Start-Ups organised by Department of Management, Central University of Rajasthan in associated with Society for Technology Incubation and Development of Entrepreneurs (STIDE) on February 19, 2016.
- Participated in UGC Sponsored Orientation Programme organised by UGC- HRDC, Punjabi University, Patiala on April 08- May 05, 2015.
- Participated in Two day workshop on “Entrepreneurship Development & Business Planning” organised by School of Commerce & Management, Central University of Rajasthan on October 30-31, 2013.
- Participated in 8 days workshop entitled “Analytical Techniques for Research” organized by Department of Commerce and Business Management, GNDU, Amritsar, on December 1-8,2009.
- Participated in the Workshop on “Research Methodology” held at Hans Raj Mahila MahaVidayala, Jalandhar on 26th March, 2007.
- Co-Convener of Two Days ICSSR Sponsored National Webinar on Digitalization & Sustainable Business Model Innovation in Rural India: Pathways for the Future organized by Department of Financial Administration, Central University of Punjab during December 02-03, 2021
- Coordinator of ATAL sponsored AICTE Faculty Development Program on Strategic Planning & Implementation in the Digital Era conducted by Department of Financial Administration, Central University of Punjab during October 04 - 08, 2021.
- Organising Faculty Member, First Conference on Emerging Issues in Commerce and Management (Jagriti), organised by Department of Commerce, Central University of Rajasthan on November 08, 2013
2. Delivered a guest lecture on the topic “Research Ethics in Social Science and Humanities Research” in International FDP on Advanced Research Methodology for Social Science and Humanities jointly organized by Sardar Patel University; Poornima University, CT University, Nexus University, South Africa, ELTAI Jaipur Chapter and MTTF India on January 20, 2024.
3. Delivered a guest lecture on the topic “Strategic Implementation and Control” in KPR College of Arts Science and Research, Coimbatore (through Webinar) on September 27, 2022).
4. Delivered a guest lecture on the topic “Goods and Service Tax (GST) Law in India: An Overview” in RNB Global University, Bikaner (through Webinar) on March 28, 2019).