IIM Udaipur Hosts 8th JAAF Symposium On Accounting And Finance

The 8th Journal of Accounting, Auditing, and Finance (JAAF) – Accounting Theory and Practice (ATP) India Symposium saw a successful culmination at the Indian Institute of Management Udaipur (IIM Udaipur) across January 11 and 12, 2025. This notable event was orchestrated by the JM Financial Centre for Financial Research at IIM Udaipur, alongside a partnership with the Indian School of Business (ISB), IIM Ahmedabad, IIM Bangalore, and IIM Calcutta. The symposium was also supported by several prestigious organizations, including JM Financial Ltd., the Journal of Accounting, Auditing, and Finance, the Accounting Theory and Practice Journal, and the Association of Chartered Certified Accountants.

During the symposium, a panel discussion titled 'Technological Innovation, The AI Wave, and its Implications for Business Education and Practice' marked the commencement of the event. This engaging discussion featured distinguished panelists such as Professor Miklos A. Vasarhelyi from Rutgers Business School; CA P R Ramesh, former Chairman of Deloitte India; and Professor D Manjunath from the Indian Institute of Technology, Bombay, with Professor Suresh Govindaraj of Rutgers Business School moderating the session.

The symposium spanned over two days, presenting eight research papers on a variety of topics within the realms of accounting and finance. Among the highlights were insightful presentations like 'Labor Threats, Product Market Competition and Seemingly Self-Sabotaging Disclosures' by Bitan Chakraborty of the Indian School of Business and 'Prevention is Better than Cure: Forecasting Future Misreporting' by Dhanya Krishna Kumar from Warwick Business School. Other notable presentations included 'Vertical Integration and Cost of Private Debt' by Swetha Agarwal of the Indian School of Business, and 'Operational Creditor Rights and Trade Credit: Evidence from Policy Interventions' by Shreyansh Chaurasiya of IIM Bangalore. The symposium also featured 'The Dark Side of Collateral: House Prices, Entrepreneurship, and Misallocation' by Kizkitza Biguri from Oslo Business School, 'Target Setting: Global Evidence' by Vishal Baloria of the University of Connecticut, 'Historical Kinship Structure and Country-Level Contemporary Financial Reporting Quality' by Ashiq Ali from the University of Texas at Dallas, and 'Capital Market Consequences of Reputation Damage to CRAs: Evidence on Spillover Effects to Bond Issuers' by Apoorv Gogar of the Indian School of Business.

These presentations were discussed by researchers from a variety of esteemed institutions, including IIM Udaipur, IIM Ahmedabad, IIM Bangalore, IIT Bombay, BITS School of Management, University of Texas at Dallas, and Rutgers Business School. The discussions fostered a vibrant academic environment, encouraging advancements in the fields of accounting and finance.

The symposium not only facilitated in-depth academic conversations among scholars, practitioners, and students but also underscored IIM Udaipur's dedication to fostering academic excellence and industry collaboration. The event concluded with closing remarks and a networking session, further emphasizing the institute's commitment to these goals.

IIM Udaipur has been making strides towards global recognition by emphasizing world-class research and preparing students to become future managers and leaders. Since its inception, IIM Udaipur has quickly gained accreditation from the AACSB (Association to Advance Collegiate Schools of Business), a distinction shared with leading global institutes such as Harvard Business School, Wharton School at the University of Pennsylvania, and the MIT Sloan School. IIM Udaipur's consistent listing in the Financial Times (FT) Global MIM Ranking 2024 for the 6th consecutive year and its standing in the QS Global MIM Ranking 2025 as the 6th highest-ranked IIM, which it has maintained for 6 years, have solidified its global stature. Notably, it is the youngest B-School in the world to be featured in both rankings. Moreover, its ranking as 4th in India for research in management, according to the UT Dallas methodology, highlights its significant contributions to academic research in the management field.