Call For Research Proposals
NSE - IGIDR Corporate Governance Research Initiative

National Stock Exchange of India (NSE) and the Indira Gandhi Institute of Development Research (IGIDR), Mumbai, are collaborating to promote academic research on Corporate Governance in India. The NSE-IGIDR Corporate Governance Research Initiative invites academics and scholars in economics, finance, law and management disciplines, to submit research proposals for projects, including projects that are already in early-stage that are relevant for understanding, designing and implementing best-practice corporate governance policies in India. Around five to six projects will be approved and a token honorarium of USD 2000 will be paid per project.

TOPICS: The topics of interest to the Initiative include but are not limited to:
- Corporate ownership and control structures, minority shareholder rights and governance
- Governance issues in family firms/business groups including role of internal markets, insider control, family ties, relational contracting and succession planning
- Comparing the governance of public and private sector (listed and unlisted) companies
- Governance of ?financial institutions and institutional investors
- Governance by financial institutions and institutional investors; the role of proxy advisors
- Board size and characteristics including issues such as leadership, ?CEO duality, role of independent and nominee directors, and term limits
- Executive compensation
- Mergers and acquisitions and corporate governance
- Accounting and Auditing standards - disclosure practices, transparency andaccountability, earnings management
- Measuring the quality of corporate governance at the firm level
- Auditor and audit committee independence
- Corporate governance and fraud prevention
- Laws, regulations and their enforcement
- The role of value, ethics, and trust in governance
- The role of technology in corporate governance
- Corporate Social Responsibility, Socially Responsible Investment in - reducing poverty and inequality

PAPER SUBMISSION PROCEDURE: Each research proposal should consist of at most three single-spaced pages, and must include the project title, information on the principal investigator (PI) and institution where the PI is affiliated, information on any co-PIs, a one-paragraph summary of the project, the project's intended contribution relative to the literature, the data to be employed, research methodology, and preliminary results (if any). Projects that are already in an advanced stage are unlikely to be funded.

The deadline for submissions of the proposal is September 30, 2013. Research proposal plus the CV of the principal investigator should be mailed in pdf format as a single file to email id: nse-igidr-cg@igidr.ac.in. Project approval decisions will be made and emailed by October 15, 2013. 50% of the grant will be made available upon approval and the remaining 50% will be made available if the following conditions are met: Principal investigator of the approved projects must each

- Submit a preliminary draft by April 30, 2014 for peer review. Review report to be provided within a month and half of submission.
- Present (or have a co-author present) the revised draft at a research conference to be organized by the NSE-IGIDR in Mumbai, India in July, 2014 (dates to be confirmed).
- Submit a second draft incorporating reviewer comments and discussions at the Conference by September 15, 2014, on which a final set of comments will be provided by October 15.
- Submit by November 15, 2014, a final draft that gives due consideration to all comments and feedback for inclusion in the Working Paper series of the NSE and IGIDR.

SELECTION COMMITTEE: The committee to screen and approve the projects consists of:
Prof. Utpal Bhattacharya, Kelley School of Business, Indiana University
Prof. Vikramaditya Khanna, University of Michigan Law School
Prof. Jayati Sarkar, Indira Gandhi Institute of Development Research
Prof. Subrata Sarkar, Indira Gandhi Institute of Development Research
Prof. Burcin Yurtoglu. WHU ? Otto Beisheim School of Management

ABOUT THE NATIONAL STOCK EXCHANGE (NSE) OF INDIA: NSE is the largest exchange in India that has brought about unparalleled transparency, speed, efficiency and safety in the Indian securities market. As part of its mandate, NSE uses listing and disclosure standards and compliance monitoring to promote high standards of governance in its listed companies. Besides, it conducts workshops and seminars to discuss issues relating to corporate governance.

ABOUT IGIDR: IGIDR is an advanced research institute located in Mumbai and established by the Reserve Bank of India (RBI), the country's central bank for carrying out research on development issues from a multi-disciplinary perspective. Over the years, faculty and students at IGIDR have been contributing to building a body of quality of research in money and finance. The Institute carries out research funded by various international organizations like the World Bank, USAID, Asian Development Bank, and IMF. IGIDR is well known for its biennial India Development Report that surveys contemporary economic issues. IGIDR has well-connected links with policy makers, regulators and industry leaders.



Posted 8/21/13