Lakshmi Naaraayanan

Assistant Professor of Finance

BS (NIT Calicut) MPhil PhD (HKUST)

Joining LBS after completing a PhD in Finance at the Hong Kong University of Science and Technology, Dr Naaraayanan’s research interests lie in the area of empirical corporate finance – including corporate governance, entrepreneurship, financial intermediation, and law and finance. His research has won several awards including the USC Marshall School of Business Trefftzs Award at the Western Finance Association Meetings. His work has been featuring in numerous publications such as the Financial Express, Forbes, Oxford Business and Law, and the World Bank.

Lakshmi's research is featured in the Wheeler Institute for Business and Development brochure.


Business Group Spillovers

Naaraayanan L; Wolfenzon D

Review of Financial Studies 2023 Vol 37:1 p 231-264


Roads and loans

Naaraayanan L; Agarwal S; Mukherjee A

Review of Financial Studies 2022 Vol 36:4 p 1508-1547


Does personal liability deter individuals from serving as independent directors?

Naaraayanan L; Nielsen K M

Journal of Financial Economics 2021 Vol 140:2 p 621-643


Do gender quotas change attitudes towards female directors?

Naaraayanan L; Nielsen K M

Social Sciences Research Network

The real effects of environmental activist investing

Naaraayanan L; Sachdeva K; Sharma V

Social Sciences Research Network

Teaching portfolio

Our teaching offering is updated annually. Faculty and programme material are subject to change.