Krishna Palepu

Last updated

Krishna G. Palepu
Krishna Palepu 2.jpg
Born
India
CitizenshipAmerican
Education M.Sc. (Physics)
P.G. Diploma (Management)
PhD (Management)
Alma mater Andhra University
IIM Calcutta
MIT Sloan
Occupation(s) professor, Author, senior strategy advisor
Board member of Partners Harvard Medical International
Brooks Automation

Krishna Palepu (born 1954[ citation needed ]) is an American academic, author, consultant and director of various corporations. He is the Ross Graham Walker Professor of Business Administration at Harvard Business School. [1] He serves as Senior Adviser to the President of Harvard University for Global Strategy. [2]

Contents

Education

Palepu has a master's degree in Physics from Andhra University in India,[ citation needed ] an MBA from the Indian Institute of Management Calcutta, [3] and a doctorate from the MIT Sloan School of Management. He also has an honorary doctorate from the Helsinki School of Economics and Business Administration.

Academics

Palepu's research has been in the areas of strategy in emerging markets, corporate governance and corporate disclosure. [4] [5] His work focuses on making corporate boards more effective, and improving corporate disclosure. In the area of strategy, his focus has been on the globalization of emerging markets, particularly India and China, and the resulting opportunities and challenges for western multinationals as well as local companies with global aspirations in these countries.

In his prior work, Palepu has done research and published papers on mergers and acquisitions and corporate disclosure. He has been on the Editorial Boards of leading academic journals [1] and is a member of the National Bureau of Economic Research. [6]

Palepu is also a prolific case writer and was placed among the top 40 case authors consistently, since the list was first published in 2016 by The Case Centre. They ranked 20th In 2018/19, [7] 14th in 2017/18, [8] 17th in 2016/17 [9] and 16th in 2015/16. [10]

Books

Winning in Emerging Markets

In Winning in Emerging Markets , released in 2010, Tarun Khanna and Krishna Palepu outline a practical framework for developing emerging market strategies based not on broad categorical definitions like geography, but on a structural understanding of these markets. Their framework describes how "institutional voids" – the absence of intermediaries like market research firms and credit card systems to efficiently connect buyers and sellers – create daunting obstacles for companies trying to operate in emerging markets. Understanding these voids – and learning how to work with them in specific markets – is the key to success. [11]

Business Analysis and Valuation Using Financial Statements

The fourth edition of Business Analysis And Valuation Using Financial Statements: Text and Cases , co-authored with Paul Healy, was published by Thomson Southwestern in 2007. [12] Based on Palepu's research on mergers and acquisitions, finance and corporate disclosure, this textbook is widely used in college and MBA courses on business analysis and valuation. It has been translated into Chinese, Japanese and Spanish. [1]

The book won the American Accounting Association's Wildman Award for its impact on management practice, as well as the Notable Contribution to the Accounting Literature Award for its impact on academic research. [13]

It is accompanied by a business analysis and valuation software model published by the Harvard Business School Publishing Company. [14] A fifth edition was published in 2013. [15]

Publications

Krishna Palepu has published numerous articles in academic journals and practitioner-oriented publications including Journal of Accounting and Economics , The Accounting Review , Harvard Business Review , MIT Sloan Management Review , Brown Journal of World Affairs , Strategic Finance , Contemporary Accounting Research , the Journal of Finance , Academy of Management Journal , Journal of Accounting Research , Journal of International Business Studies , and The Review of Economics and Statistics .

He has also published dozens of Harvard Business School cases and course materials.

Teaching

Palepu teaches courses in the Accounting and Control unit and courses on strategy in emerging markets at Harvard Business School (HBS). He also teaches in several executive programs at HBS. [1]

Non-Academic Activities

Palepu has been a director of a number of companies around the world including Brooks Automation, [16] BTM Corporation, Partners Harvard Medical International, Polymedica, and Dr. Reddy's Laboratories [17] [18] [19] Palepu has a Professional Director Certification from the American College of Corporate Directors. [20] [ dead link ] On 8 December 2014, a local Indian court required the return of INR 2.6 crore for providing professional services to Satyam Computers and remaining on the board as a non-executive director without the company first gaining the government's approval for providing such services. The ruling is under appeal. [21] [22]

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References

  1. 1 2 3 4 "Faculty page at Harvard Business School". Archived from the original on 18 June 2010. Retrieved 11 July 2010.
  2. "An advisor for global strategy: Faust appoints Palepu of HBS to new administrative post". Harvard Gazette . 11 January 2012. Retrieved 11 January 2012.
  3. "IIM Calcutta Alumni: Our Best Ambassadors". Archived from the original on 8 July 2010. Retrieved 11 July 2010.
  4. "google scholar citations". Archived from the original on 18 May 2015. Retrieved 12 May 2015.
  5. Timmons, Heather; Kahn, Jeremy (11 January 2009). "As Indian Outsourcing Changed, Satyam Hesitated". The New York Times . Archived from the original on 9 June 2018. Retrieved 11 July 2010.
  6. "National Bureau of Economic Research". NBER. May 2015. Retrieved 12 May 2015.
  7. "Top 40 Bestselling Case Authors 2018/19". thecasecentre.org. Archived from the original on 16 June 2020. Retrieved 18 June 2020.
  8. "Top 40 Bestselling Case Authors 2017/18". thecasecentre.org. Archived from the original on 26 October 2020. Retrieved 18 June 2020.
  9. "Our Top 40 Bestselling Case Authors 2016/17". thecasecentre.org. Archived from the original on 18 June 2020. Retrieved 18 June 2020.
  10. "Top 40 Bestselling Case Authors 2015/16". thecasecentre.org. Archived from the original on 5 May 2021. Retrieved 18 June 2020.
  11. "Winning in Emerging Markets". Official Website. Retrieved 28 May 2011.
  12. "Business Analysis and Valuation: Using Financial Statements, Text and Cases, 4th Edition". Cengage Learning. 2008. Archived from the original on 4 March 2016. Retrieved 28 May 2011.
  13. "Wildman Medal Award History and Criteria: 1997". American Accounting Association. Retrieved 28 May 2011.
  14. Palepu, Krishna (1 September 2004). "Business Analysis and Valuation Model". Harvard Business Review . Retrieved 28 May 2011.[ permanent dead link ]
  15. "Business Analysis and Valuation: Using Financial Statements, Text and Cases, 5th Edition". Cengage. August 2012. Archived from the original on 4 March 2016. Retrieved 5 January 2012.
  16. "Brooks Automation Board of Directors" . Retrieved 11 July 2010.
  17. "Dr. Reddy's Laboratories Annual Report 2002" (PDF). Archived from the original (PDF) on 21 September 2010.
  18. "Dr. Reddy's Laboratories Annual Report 2009" (PDF). Archived from the original (PDF) on 21 September 2010.
  19. "Signal to all independent directors". Business Standard. December 2014. Retrieved 10 December 2014.
  20. "Profile on Forbes.com". Archived from the original on 3 May 2012. Retrieved 2 September 2017.
  21. "Fined by Indian Court for Conflict of Interest". Rediff.
  22. "Senior Advisor to Faust To Appeal Indian Court Guilty Verdict | News | The Harvard Crimson".