Browsing Working Papers by Author "Gopalakrishnan, Balagopal"

Now showing items 1-11 of 11

    • Fishing in muddy waters: mergers and acquisitions during uncertainty 

      Gopalakrishnan, Balagopal; Jacob, Joshy; Srivastava, Jagriti (Indian Institute of Management Ahmedabad, 2022-10-26)
      Using the COVID-19 pandemic as an exogenous shock, we examine whether firms engage in opportunistic mergers and acquisitions during uncertainty. Par- ticularly, we analyze the inorganic growth strategies of acquiring ...

    • Global risk and demand for gold by central banks 

      Gopalakrishnan, Balagopal; Mohapatra, Sanket (Indian Institute of Management Ahmedabad, 2017)
      This paper examines the influence of global risk on the holding of gold by central banks based on annual data for 100 countries during 1990-2015. We use a dynamic panel generalized method of moments (GMM) model to estimate ...

    • Global risk and demand for gold by central banks 

      Gopalakrishnan, Balagopal; Mohapatra, Sanket (Indian Institute of Management Ahmedabad, 2017-01-30)
      This paper examines the influence of global risk on the holding of gold by central banks based on annual data for 100 countries during 1990-2015. We use a dynamic panel generalized method of moments (GMM) model to estimate ...

    • Gold in household portfolios during a pandemic: evidence from an emerging economy 

      Chatterjee, Oindrila; Gopalakrishnan, Balagopal; Mohapatra, Sanket (Indian Institute of Management Ahmedabad, 2023-06-01)
      This paper examines how Indian households allocate their savings portfolio across gold, financial assets, and cash during the COVID-19 crisis. Our study relies on a nationally representative household survey conducted ...

    • Gold monetization in India as a transformative policy: a mixed method analysis 

      Narayanan, Priya; Gopalakrishnan, Balagopal; Sahay, Arvind (Indian Institute of Management Ahmedabad, 2017)
      India is the second largest consumer of gold in the world and gold is a major contributor to the current account deficit. Much of the gold goes out of circulation and is not available to support economic activity. To ...

    • Government responses, business continuity, and management sentiment: impact on debt financing during COVID-19 

      Gopalakrishnan, Balagopal; Joshy, Jacob; Mohapatra, Sanket (Indian Institute of Management Ahmedabad, 2021-04-03)
      We examine how the government responses, amenability to remote working, and managerial outlook associated with COVID-19 influence debt financing by firms around the world. We find that the propensity and the amount of loan ...

    • Lender moral hazard in state-owned banks: evidence from an emerging economy 

      Gopalakrishnan, Balagopal; Jacob, Joshy; Pandey, Ajay (Indian Institute of Management Ahmedabad, 2018-07-04)
      We examine the credit risk-choices of the public sector banks (PSBs) in India with a novel dataset that is able to trace the borrowers to their banks. We determine the likelihood of the ownership type of the lender bank ...

    • Pandemic panic? effects of health system capacity on firm confidence during COVID-19 

      Gopalakrishnan, Balagopal; Lim, Jamus Jerome; Mohapatra, Sanket (Indian Institute of Management Ahmedabad, 2021-07-02)
      In this study, we examine the impact of health system capacity and government responses on firms’ business confidence in response to the COVID-19 pandemic. Using a sample of firm-level data from 53 countries, we find that ...

    • Risk-sensitive Basel regulations and firms' access to credit: direct and indirect effects 

      Gopalakrishnan, Balagopal; Jacob, Joshy; Mohapatra, Sanket (Indian Institute of Management Ahmedabad, 2018)
      This paper examines the impact of risk-sensitive Basel regulations on access to debt and cost of debt for firms with varying characteristics around the world, and investigates how firms cope through reliance on alternative ...

    • Turning over a golden leaf? : Global liquidity and emerging market central banks’ demand for gold after the financial crisis 

      Gopalakrishnan, Balagopal; Mohapatra, Sanket (Indian Institute of Management Ahmedabad, 2017-04-12)
      The quantity of gold reserves held by central banks in emerging markets and developing economies (EMDEs) has risen sharply following the global financial crisis in 2008. This paper examines factors driving holding of gold ...

    • What does matched bank-firm data tell us about the moral hazard in lending decisions of state-owned banks in india? 

      Gopalakrishnan, Balagopal (Indian Institute of Management Ahmedabad, 2017-11-11)
      In this study, we examine quality of the lending decisions of public sector banks (PSBs) in India with a novel dataset which allows the identification of both the banks by the ownership types and their borrowers. We use a ...