Faculty & Research

Mehul Raithatha

Area

Primary Area : Finance and Accounting

Contact

Email : mehulr@iima.ac.in

Phone : +91-79-7152 4905

Secretary : Shoebmohemed Chobdar

Phone : +91-79-7152 7925

Education

Ph.D., Indian Institute of Technology Bombay, India, 2013

CFA (ICFAI), ICFAI University, India, 2010

M.Com., Accounting and Financial Management, University of Mumbai, India, 2005

B.Com., Financial Accounting and Auditing, University of Mumbai, India, 2003

Research Area

Financial reporting, Corporate Governance, M&A, CSR

Academic Experience

Professor, Indian Institute of Management Ahmedabad (March 2025 - Present)

Professor, Indian Institute of Management Indore, India (July 2022 – March 2025)

Associate Professor, Indian Institute of Management Indore, India (July 2017 - June 2022)

Assistant Professor, Institute for Financial Management and Research (IFMR), India. (Currently known as IFMR - Graduate School of Business at Krea University) (Feb 2013-June 2015)

Professional Experience

Member, European Accounting Association

Articles

Popli, M., & Raithatha, M. (2025). Pace of pro-market reforms, performance feedback, and strategic renewal actions of emerging economy firms. Journal of World Business, 60(4), 101642.

Cohen, J., Ghosh, C. & Raithatha, M. The consequences of regulatory reform in emerging countries: the special case of real estate regulation in India. Journal of Regulatory Economics , 67, 91–124 (2025).

Institutional Imprints and Corporate Misconduct: Unravelling the Interplay of Economic History and Firm Choices on Earnings Manipulation in an Emerging Economy. Business & Society

Mishra, G., & Raithatha, M. (2024). Does the presence of invitees in the audit committee impact firm value? Evidence from India. Cross Cultural & Strategic Management.

Lawrence, E. R., & Raithatha, M. (2023). Gender bias, board diversity, and firm value: Evidence from a natural experiment. Journal of Corporate Finance, 78, 102349.

Katti, S., Lawrence, E. R., & Raithatha, M. (2023). Risk disclosure in IPO advertisement and the quality of the firm. Journal of Financial Markets, 64, 100789.

Modani, K., Dash, S.R., Raithatha, M. & Brooks, R. (2023). Sentiment and Accruals Earnings Management: Does Governance and Regulatory Environment Matter? American Business Review.

Popli, M. & Raithatha, M., (2022). Implications of Overwhelmed Leadership: How Executive Job Demands Hinder Corporate Sustainability Performance. Business and Society. , 62(5), 1031-1068.

Popli, M., Raithatha, M., & Goyal, Lakshmi (2022). Avoiding the risk of de-legitimation: Impact of internationalization on earnings management of emerging market firms. Finance Research Letters.

Lawrence, E. R., Raithatha, M., & Rodriguez, I. (2021). The effect of cultural and institutional factors on initiation, completion, and duration of cross-border acquisitions. Journal of Corporate Finance, 68, 101950.

Shaw, T. S., Raithatha, M., Krishnan, G. V., & Cordeiro, J. J. (2021). Did mandatory CSR compliance impact accounting Conservatism? Evidence from the Indian Companies Act 2013. Journal of Contemporary Accounting & Economics, 17(3), 100280

Edward Lawrence, Mehul Raithatha & Robinson Reyes-Peña (2021) The differing impact of COVID-19 across Republican and Democratic states, Applied Economics,

Popli, M., Raithatha, M., & Ahsan, F. M. (2021). Signaling behavioral intent through better governance: A study of emerging market multinational enterprises. Journal of Business Research, 135, 697-710.

Raithatha, M., & Popli, M. (2021). Persistence of past: impact of historical institutions on corporate risk taking. Finance Research Letters.

Raithatha, M., & Shaw, T. S. (2021). Firm's tax aggressiveness under mandatory CSR regime: Evidence after mandatory CSR regulation of India. International Review of Finance.

Popli, M., Raithatha, M., & Fuad, M. (2021). Impact of institutional imprinting on the persistence of superior profits: A study of regulatory punctuation in India. Journal of Business Research, 124, 223-235.

Raithatha, M. & Ladkani, R. (2021) Do Board Characteristics Play a Moderating Role in M&A Decisions of Family Firms? International Journal of Emerging Markets

Jain, S., & Raithatha, M. (2021). Risk disclosures and firm value: the role of governance in an emerging market. International Journal of Productivity and Performance Management.

Haldar, A., & Raithatha, M. (2021). Are internal governance mechanisms efficient? Evidence from India. IIMB Management Review.

Raithatha, M., & Shaw, T. S. (2019). Do Family Firms Choose Conservative Accounting Practices? The International Journal of Accounting, 54(04), 1950014.

Dash, S. R., & Raithatha, M. (2019). Corporate governance and firm performance relationship: Implications for risk‐adjusted return behavior. Managerial and Decision Economics, 40(8), 923-940.

Katti, S., & Raithatha, M. (2018). Governance practices and agency cost in emerging market: Evidence from India. Managerial and Decision Economics, 39(6), 712-732.

Dash, S.R. and Raithatha, M. (2018), "Impact of disputed tax litigation risk on firm performance: evidence from India", Accounting Research Journal, Vol. 31 No. 3, pp. 458-478.

Haldar, A., & Raithatha, M. (2017). Do compositions of board and audit committee improve financial disclosures? International Journal of Organizational Analysis.

Nagar, N. and Raithatha, M. (2016), "Does good corporate governance constrain cash flow manipulation? Evidence from India", Managerial Finance, Vol. 42 No. 11, pp. 1034-1053.

Raithatha, M., & Komera, S. (2016). Executive compensation and firm performance: Evidence from Indian firms. IIMB Management Review, 28(3), 160-169.

Read More

Cases

Raithatha, M. & Banerjee, P. (2021) Bank of India: Financial Reporting Policies. Ivey Publications (W20547) (available at HBSP)

IIMA