Gaurav Kankanhalli
Assistant Professor of Finance
Ben L. Fryrear Early Career Faculty Fellow
Katz School of Business
University of Pittsburgh
Email: gkankanhalli@katz.pitt.edu
Phone: (412) 383-0169
I am an Assistant Professor of Finance and Ben L. Fryrear Early Career Faculty Fellow at the Joseph M. Katz Graduate School of Business, University of Pittsburgh. I obtained my Ph.D. in Finance from the SC Johnson Graduate School of Management at Cornell University. Prior to that, I completed a B.A. (Hons.) in Economics and Management and an M.Sc. (with Distinction) in Financial Economics from the University of Oxford. (Link to CV)
My research is in empirical corporate finance, and focuses on the effects of uncertainty on corporate decisions, as well as innovation and entrepreneurship. (My Google Scholar Profile)
Research
Publications
- Do Real Estate Values Boost Corporate Borrowing? Evidence from Contract-Level Data (with M. Campello, R. A. Connolly, and E. Steiner)
- Journal of Financial Economics, 2022, 144(2), 611-644
- Exporting Uncertainty: The Impact of Brexit on Corporate America (with M. Campello, G. Cortes, and F. d’Almeida)
- Journal of Financial and Quantitative Analysis, 2022, 57(8), 3178-3222
- NBER Working Paper No. 26714
- Delayed Creative Destruction: How Uncertainty Shapes Corporate Assets (with M. Campello and H. Kim)
- Journal of Financial Economics, 2024, 153, 103786
- NBER Digest No. 8 (August 2021)
- NBER Working Paper No. 28971
- Corporate Hiring under Covid-19: Financial Constraints and the Nature of New Jobs (with M. Campello and P. Muthukrishnan)
- Journal of Financial and Quantitative Analysis, 2024, 59(4), 1541-1585
- NBER Working Paper No. 27208
- The Paradox of Innovation Non-Disclosure: Evidence from Licensing Contracts (with A. Kwan and K. Merkley)
- American Economic Journal: Applied Economics, 2024, 16(4), 220-256
- Bargaining Power in the Market for Intellectual Property: Evidence from Licensing Contract Terms (with A. Kwan)
- Journal of Empirical Legal Studies, 2024, 21(1), 109-173
- Corporate Decision-Making under Uncertainty: Review and Future Research Directions (with M. Campello)
- In Handbook of Corporate Finance, David J. Denis (ed.), 2024, 548-590
- NBER Working Paper No. 30733
Working Papers
- Anti-Poaching Agreements, Innovation, and Corporate Value: Evidence from the Technology Industry (with D. Ferrés and P. Muthukrishnan)
- Revise and Resubmit, American Economic Review
- Best Paper Award in Corporate Finance, FMA Annual Meeting, 2022
- Technological Progress, Managerial Learning, and the Investment-to-Stock Price Sensitivity (with K. Aretz and H. Ilyas)
- Uncertainty Creates Zombie Firms: Implications for Industry Dynamics and Creative Destruction (with K. Aretz, M. Campello, and K. Schneider)
- Looking Online to Understand Firms’ Intangible Capital (with A. Kwan)
- Revise and Resubmit, Management Science
- Betting on Disruption: How Uncertainty Shapes the US Startup Ecosystem
Curriculum Vitae
Teaching
Instructor, University of Pittsburgh:
- Corporate Finance, Undergraduate (2020-Present)
Contact
Gaurav Kankanhalli


