Faculty Profile

SUDIPTO SARKAR

Real options, corporate finance, agency problems, working capital management.

Associate Editor: Journal of Economic Dynamics and Control.
Associate Editor: Quarterly Journal of Finance.
Member: Resource Allocation Committee, SHARCNET Canada.

Selected Publications

• Optimal Size, Optimal Timing and Optimal Financing of an Investment, Journal of Macroeconomics, 2012 (forthcoming).
• Optimal Expansion Financing and Prior Financial Structure, International Review of Finance, 2011 (Vol. 11), 57–86.
• Optimal Fishery Harvesting Rules Under Uncertainty, Resource and Energy Economics, 2009 (Vol. 31), 272-286.
• Can Tax Convexity be Ignored in Corporate Financing Decisions? Journal of Banking and Finance, 2008 (Vol. 32), 1310-1321.
• Equity Systematic Risk (Beta) and its Determinants (co-author Gwangheon Hong), Contemporary Accounting Research, 2007 (Vol. 24), 423-466.
• Optimal Dividend Policy with Mean Reverting Cash Reservoir (co-authors Abel Cadenillas and Fernando Zapatero), Mathematical Finance, 2007 (Vol. 17), 81-109.
• Real Options, Agency Conflicts, and Optimal Capital Structure (co-author David Mauer), Journal of Banking and Finance, 2005 (Vol. 29), 1405-1428.
• The Trade-Off Theory with Mean Reverting Earnings (co-author Fernando Zapatero), The Economic Journal, 2003 (Vol. 113), 834-860.
• The Effect of Mean Reversion on Investment under Uncertainty, Journal of Economic Dynamics and Control, 2003 (Vol. 28), 377-396.
• Probability of Call and Likelihood of the Call Feature in a Corporate Bond, Journal of Banking and Finance, 2001 (Vol. 25), 505-533.
• On the Investment-Uncertainty Relationship in a Real Options Model, Journal of Economic Dynamics and Control, 2000 (Vol. 24), 219-225.