Browsing Faculty Publications (Bibliographic) by Author "Agarwalla, Sobhesh Kumar"
Now showing items 1-20 of 26
-
Beleif distortion near 52W high and low: evidence from Indian equity options market
Saurav, Sumit; Agarwalla, Sobhesh Kumar; Varma, Jayanth R. (Wiley, 2023-06-28)We examine investors' behavioral biases and preferences in the options market near 52-week high and low (52W-H/L) using Indian options market data. We document that as the stock price approaches 52W high (low), the skewness ... -
Big-4 auditors and audit quality: a novel firm life-cycle approach
Jain, Sonali; Agarwalla, Sobhesh Kumar (Emerald, 2022-08-12)Purpose: Firm-specific factors such as size, profitability, growth, risk and complexity, in addition to agency-related issues determine both auditor selection and firm life-cycle stage. This paper aims to examine whether ... -
Effectiveness of Financial Literacy Interventions in Improving Financial Literacy among Rural Women in North India
Agarwalla, Sobhesh Kumar; Barua, Samir K.; Jacob, Joshy; Varma, Jayanth R. (Citi Foundation, 2013)The objective of the study is to determine whether financial literacy interventions improve financial literacy significantly in the long-term (eighteen to twenty months after the intervention) and in the short-term (one ... -
An examination of factors driving big 4 audit fee premiums: evidence from India's audit market
Jacob, Joshy; Desai, Naman; Agarwalla, Sobhesh Kumar (American Accounting Association (AAA), 2018-10)This study examines fee premiums earned by Big 4 auditors in India and identifies the primary reason for such fee premiums. There are three primary drivers of Big 4 fee premiums. First, Big 4 auditors charge a fee premium ... -
An examination of factors driving big 4 audit fee premiums: Evidence from India’s audit market
Jacob, Joshy; Desai, Naman; Agarwalla, Sobhesh Kumar (American Accounting Association, 2019)This study examines fee premiums earned by Big 4 auditors in India and identifies the primary reason for such fee premiums. There are three primary drivers of Big 4 fee premiums. Big 4 auditors charge a fee premium for ... -
Experimental Research Programme to Design Effective Financial Education
Agarwalla, Sobhesh Kumar; Barua, Samir K.; Jacob, Joshy; Varma, Jayanth R. (Citi Foundation, 2013)The program aims to conduct research to understand the manner in which financial education, attitudes, behavioral biases, design and communication of financial products and services and financial advice influence the ... -
Expiration-day effects and the impact of short trading breaks on intraday volatility: evidence from the Indian market
Agarwalla, Sobhesh Kumar; Pandey, Ajay (WILEY, 2013-01-19)One distinct feature of the Indian stock market is the large trading volume of single stock futures, which are cash settled on the basis of the volume-weighted average spot prices of the underlying stocks during the last ... -
Financial Inclusion Research and Convening Programme
Agarwalla, Sobhesh Kumar; Barua, Samir K.; Jacob, Joshy; Varma, Jayanth R. (Citi Foundation, 2013)The objective of the study is to examine access to finance in the largely informal financial services sector, including the non-banking organizations, such as Chit funds (ROSCAs), microfinance institutions, and self-help ... -
Financial literacy among working young in urban India
Agarwalla, Sobhesh Kumar; Barua, Samir K.; Jacob, Joshy; Varma, Jayanth R. (Elsevier, 2015)The working young in urban India exhibit inferior financial knowledge, inferior financial attitude, and superior financial behavior compared to their counterparts elsewhere. While both men and women require intervention ... -
" Ganguly International Limited."
Agarwalla, Sobhesh Kumar (2012-09-11) -
ICICI 2007 Public Issue
Agarwalla, Sobhesh Kumar; Jacob, Joshy; Varma, Jayanth R. (2011-05-06) -
" ICICI Equity Issue 2007."
Agarwalla, Sobhesh Kumar; Jacob, Joshy; Varma, Jayanth R. (2012-09-11) -
The impact of self-deception and professional skepticism on perceptions of ethicality
Agarwalla, Sobhesh Kumar; Desai, Naman; Tripathy, A. (JAI Press, 2017)This paper examines the impact of two contradictory psychological traits, self-deception (SD) and professional skepticism (PS), on individuals' assessment of ethicality of various earnings management choices. Whereas, SD ... -
Impact of the introduction of call auction on price discovery: evidence from the Indian stock market using high-frequency data
Agarwalla, Sobhesh Kumar; Jacob, Joshy; Pandey, Ajay (Elsevier, 2015)Call markets are claimed to aggregate information and facilitate price discovery where continuous markets may fail. The impact of the introduction of call auction has not been found uniformly beneficial, possibly due to ... -
Indian equity options: smile, risk premiums, and efficiency
Jain, Sonali; Varma, Jayanth R.; Agarwalla, Sobhesh Kumar (John Wiley & Sons, 2018-09-15)We study the pricing of equity options in India which is one of the world's largest options markets. Our findings are supportive of market efficiency: A parsimonious smile‐adjusted Black model fits option prices well, and ... -
Informed trading around earnings announcements—Spot, futures, or options?
Jain, Sonali; Pandey, Ajay; Varma, Jayanth R.; Agarwalla, Sobhesh Kumar (Wiley, 2018)Recent literature reports higher single stock options (SSO) volume before earnings announcements (EA). There are no studies that explore single stock futures (SSF) in this context because of illiquid SSF markets in developed ... -
" L&T - IEB Offer Selection(A)."
Agarwalla, Sobhesh Kumar; Ghosh, Sowmyadeep (2012-09-11) -
Lottery and bubble stocks and the cross-section of option-implied tail risks
Agarwalla, Sobhesh Kumar; Saurav, Sumit; Varma, Jayanth R. (Wiley-Blackwell, 2021-09-15)The options smile provides forwardlooking information about the risk at thecenter of the distribution (ATMIV) and at the tails (Skew). We investigate thecrosssectional determinants of the options smile using indices ... -
Mandatory IPO grading: does it help pricing efficiency?
Agarwalla, Sobhesh Kumar; Jacob, Joshy (SAGE Publications, 2015)The article examines the influence of mandatory grading on the demand and pricing efficiency of initial public offerings (IPOs) in India. The study involves cross-sectional regressions of underpricing and demand as dependent ... -
NMDC Limited - Public Offer (Teaching Note)
Agarwalla, Sobhesh Kumar (2012-09-12)