Prof. O. P. Gupta

Position Held

• Head, Department of Financial Studies
• Dean Faculty of Commerce and Business
• Director, Hindu Institute of Management
• Programme Co-ordinator, Master of Finance and Control

Specialisation

• Finance
• Investment Analysis
• Portfolio Management
• Emerging Capital Markets
• Derivatives & Risk Management
• Statistical Analysis

Other Positions Held

• International Assignments

• Visiting Fellow at the Maison des Sciences de l' Homme under the Indo-French Cultural Exchange Program in Social Sciences, May-June, 1998.
• Visiting Faculty at Department of Business Administration, Ahmadu Bello University, Zaria, Nigeria during 1982-85.

Participation in Seminars/Conferences

• Accepted for presentation a paper entitled: "Impact of Introduction of Index Futures On stock Market Volatility: The Indian Experience" at the X Annual Conference of Pacific-Basin Finance, Economics and Accounting Conference, to be held at Singapore, August 7-8, 2002.
• Participated at the 12^th Annual Asia Pacific Futures Research Symposium organized by Chicago Board of Trade and Faculty of Commerce & Accountancy, Chulalogkorn University, Bangkok, December 2-4, 2001.
• Presented a paper entitled "An Empirical Testing of Market Timing Abilities of Indian Mutual Fund Managers:" at the Eighth Annual Conference of Asia Pacific Finance Association held at Bangkok, July 22- 25, 2001.
• Presented a paper entitled "Performance Evaluation of Mutual Funds: The Indian Experience" at a Seminar organized by the Faculty of Commerce and Accountancy, Thammasat University, Bangkok, July 12, 2000.
• Presented a paper entitled "Market Timing Abilities of Mutual Fund Managers: The Indian Experience" at the Sixth Annual Conference of Asia Pacific Finance Association held at Melbourne, July 11-14, 1999.
• Acted as a Discussant at the Sixth Annual Conference of Asia Pacific Finance Association held at Melbourne, July 11-14, 1999.
• Presented a paper entitled "Performance Evaluation of Mutual Funds in India" at the Fifth Annual Conference of Asia Pacific Finance Association held at Tokyo, July 19- 22, 1998.
• Acted as a Discussant at the Fifth Annual Conference of Asia Pacific Finance Association held at Tokyo, July 19-22, 1998.
• Chaired Academic Session 9 on: Malaysian Papers 1 at the Fourth Annual Conference of Asia Pacific Finance Association held at Kuala Lumpur, July 14-16, 1997.
• Acted as a Discussant at the Fourth Annual Conference of Asia Pacific Finance Association held at Kuala Lumpur, July 14-16, 1997.
• Presented a paper entitled "Relationship Between Accounting Variables & Systematic Risk and the Prediction of Systematic Risk: The Indian Experience" at the Fourth Annual Conference of Asia Pacific Finance Association held at Kuala Lumpur, July 14-16, 1997.
• Gave a Seminar on "Relationship Between Accounting Variables & Systematic Risk: The Indian Experience" at the School of Accountancy, Mara Institute of Technology, Shah Alam, Malaysia, July 16, 1997.
• Chaired an Academic Session on: "Stock Market Reactions" at the Third Annual Conference of Asia Pacific Finance Association held at Taipei Taiwan, July 8-10, 1996.
• Acted as a Discussant at the Third Annual Conference of Asia Pacific Finance Association held at Taipei, July 8-10, 1996.
• Gave a Seminar on "Weak Level Efficiency of Indian Stock Market" at School of Management, Asian Institute of Technology, Pathumthani, Thailand, July 12, 1996.
• Acted as a Discussant at the Second Annual Conference of Asia Pacific Finance Association held at Hong Kong, July 3-5, 1995.
• Presented a paper entitled "Forecasting Beta for Indian Capital Market" (at the First Annual Conference of Asia Pacific Finance Association held at Sydney, September 1994.
• Presented a paper entitled "An Empirical Test of Random Walk Model on Indian Stock Market" at The Third International Conference on Asian-Pacific Financial Markets held at Singapore, September 8-11, 1993.
• Presented a paper entitled "An Empirical Testing of Capital Asset Pricing Model in India" at the Second International Conference on Asia - Pacific Financial Markets held at Hong Kong September 12-14, 1991.
• Presented a paper entitled "Stock Market Efficiency and Random Character of Share Price Behaviour in India" at the Inaugural International Conference on Asian-Pacific Financial Markets held at Singapore, November 16-18, 1989.

Membership of Learned Bodies

• Founder Member, Asia-Pacific Finance Association, Singapore.
• Chairman, Society for Consumers' and Investors' Protection
• Life Member, Indian Society for Studies in Cooperation.
• Member, The Indian Econometric Society.
• Member, Indian Accounting Association.
• Member, Association of Indian Management Schools.
• Member, Indian Commerce Association

Publications

Books and Monographs

• Behaviour of Share Prices in India (Ph.D. Thesis), University of Delhi, 1978.
• Behaviour of Share Prices in India - A Test of Market Efficiency, National Publishing House, Daryaganj, New Delhi, 1985.
• Indian Securities Markets: Thrusts & Challenges, Monograph 1988 (Ed.).
• Dictionary of Commerce, Anmol Publications, New Delhi, 1988.
  Stock Market Efficiency and Price Behaviour - The Indian Experience (Ed.) Anmol Publications, New Delhi, 1989.
• Portfolio Management: Thrusts & Challenges, Monograph 1989 (Ed.)
  Encyclopedic Dictionary of Statistics (Ed.): Anmol Publications, New Delhi, 1989.
• Investment Performance of Mutual Funds in India: A Major Research Project Report submitted to University Grants Commission, April 1999.

Research Papers

• Accepted for presentation a paper entitled: "Impact of Introduction of Index Futures On stock Market Volatility: The Indian Experience" at the X Annual Conference of Pacific-Basin Finance, Economics and Accounting Conference, to be held at Singapore, August 7-8, 2002.
• "Market Timing Abilities of Mutual Fund Managers: The Indian Experience" in Indian Capital Markets, Modern Perspectives and Empirical Evidences, edited by S. Arumugam, Allied Publishers Ltd., 2001.
• "Investment Performance of Mutual Funds in India", in Indian Capital Markets: Trends & Dimensions, edited by Uma Sashikant & S. Arumugam, Tata McGraw Hills, New Delhi, 2000.
• "Relationship Between Accounting Variables & Systematic Risk: The Indian Experience", Indian Journal of Accounting, July 1999.
• "Market Abilities of Mutual Fund Managers: The Indian Experience", included in the proceedings of the Sixth Annual Conference of Asia- Pacific Finance Association held at Melbourne, July 11-14, 1999.
• "Investment Performance of Mutual Funds in India" included in the proceedings of a Seminar on Capital Market organized by UTI Institute of Capital Market held at Mumbai, December 23-24, 1998.
• "Performance Evaluation of Mutual Funds in India" included in the proceedings of the Fifth Annual Conference of Asia Pacific Finance Association held at Tokyo, July 19-22, 1998.
• "A Model for Pricing of New Issues in India", PRANJANA, The Journal of Management Awareness, vol., No., January 1998, Integrated Academy of Management & Technology, Ghaziabad.
• "A Re-examination of Weak-Form Efficiency of Indian Stock Market", Finance India, September 1997.
• "Relationship Between Accounting Variables & Systematic Risk and the Prediction of Systematic Risk: The Indian Experience" included in the proceedings of the Fourth Annual Conference of Asia Pacific Finance Association held at Kuala Lumpur, July 14-16, 1997.
• "An Empirical Test of Random Walk Model on the Indian Stock Market", Management & Change, April 1997, New Delhi.
• "Relationship Between Accounting Variables & Systematic Risk and the Prediction of Systematic Risk: The Indian Experience " included in the proceedings of the Fourth Annual Conference of Asia Pacific Finance Association held at Kuala Lumpur, July 14-16, 1997.
• "An Empirical Test of Random Walk Model on the Indian Stock Market", Management & Change, April 1997, New Delhi.
• "A Model for Pricing of New Issues in India"- A Paper presented at a Seminar on Globalization of Financial Services organized by Institute of Management Science, Jaipur on January 6, 1996.
• "Forecasting Beta for Indian Capital Market", Indian Journal of Finance & Research, Vol. VII, No.2 July 1995.
• "An Empirical Testing of Capital Asset Pricing Model in India", Finance India, December 1993.
• "An Empirical Test of Random Walk Model on Indian Stock Market", A Paper presented at The Third International Conference on Asian-Pacific Financial Markets at Singapore, September 1993.
• "Stock Market Efficiency: Anomalous Price Behaviour - A Survey", Indian Journal of Finance & Research, December 1992.
• "Stock Market Efficiency and its Implications", Marketman, June-Dec.1992, Institute of Management and Marketing Studies.
• "Weak-Level Efficiency of Indian Stock Markets - A Survey" - Finance India, December 1991, Vol. V No.4 pp.505-517.
• "An Empirical Testing of Capital Asset Pricing Model in India" Published in the Proceedings of the Second International Conference on Asia - Pacific Financial Markets held at Hong Kong September 1991.
• "Stock Market Efficiency and Random Character of Share Price Behaviour in India" - Asia Pacific Journal of Management Vol.7, Special Issue 1990, Singapore.
• "Stock Market Efficiency and Random Character of Share Price Behaviour in India" - Presented at the Inaugural International Conference on Asian-Pacific Financial Markets held at Singapore, November 16-18, 1989.