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Prof. Shreya Biswas 

hyderabad Economics & Finance

Associate Professor,
Department of Economics and Finance

Birla Institute of Technology & Science, Pilani
Hyderabad Campus
Jawahar Nagar, Kapra Mandal
Dist.-Medchal-500 078
Telangana, India
shreya@hyderabad.bits-pilani.ac.in
+91 40 66303718
https://www.linkedin.com/in/shreya-biswas-26992736

Publications

Publications in peer-reviewed journals: 
  1. Biswas, S., Sarkar, J and Selarka, E. (2025). Women director interlocks and firm performance: Evidence from India. Pacific Basin Finance Journal. 90, 102616. https://doi.org/10.1016/j.pacfin.2024.102616 
  2. Biswas, S. and Jain, R. (2025). The road to safety- Examining the nexus between road infrastructure and crime in rural India. Journal of Quantitative Economics, http://doi.org/10.1007/s40953-025-00466-6
  3. Biswas, S. and Jain, R. (2025). Too risky for businesses? - Examining the relationship between crime and firm registrations in India. Economic Notes, 54 (1), e70006. doi.org/10.1111/ecno.70006 
  4. Biswas, S. (2025). Her presence matters: Female owners and firm innovation in India. Journal of Economic Studies. http://doi.org/10.1108/JES-04-2024-0237
  5. Biswas, S. and Jain, R. (2024). Problem of the plenty: Ethnic fractionalization and female employment in rural India (2024). Journal of Quantitative Economics. http://doi.org/10.1007/s40953-024-00417-7
  6. Sinha, S and Biswas, S. (2024). Social entrepreneurship and philanthropic venture capital financing. Business Strategy and Development. http://dx.doi.org/10.1002/bsd2.70011
  7. Biswas, S. (2024). Can mobile financial services influence financial behaviour in India? Indian Economic Journal. https://doi.org/10.1177/0019466224126547
  8. Biswas, S., Das, U., and Sarkhel, P. (2024). Duration of exposure to inheritance law in India: Examining the heterogeneous effects on empowerment. Review of Development Economics. 28(2), 777-799. https://doi.org/10.1111/rode.13080
  9. Lahiri, S. and Biswas, S. (2024). Home, unsweet home: Effect of homeownership on financial investments of Indian households. Journal of Economic Studies. 51 (6), 1266-1284. http://doi.org/10.1108/JES-05-2023-0238
  10. Lahiri, S. and Biswas, S. (2024). (Im)Balance in household balance sheet in the aftermath of a natural disaster. International Journal of Disaster Risk Reduction, 100, 104174. http://doi.org/10.1016/j.ijdrr.2023.104174
  11. Das, U., Biswas, S. and Islam, S. (2023). Fuelling down after a lockdown: Effects of the first COVID wave on clean fuel usage in India. Energy Economics, 106940. https://doi.org/10.1016/j.eneco.2023.106940
  12. Biswas, S., and Kumar, R. (2022) Bank board network and financial stability in emerging markets. Emerging Markets Review, 51(PartB), 100884. https://doi.org/10.1016/j.ememar.2022.100884
  13. Biswas, S., and Das, U. (2022) Adding fuel to human capital. - Exploring the educational effects of cooking fuel choice from rural India. Energy Economics, 105, 105744. https://doi.org/10.1016/j.eneco.2021.105744
  14. Rampal, P., and Biswas, S. (2022). Socioeconomic determinants of household investment portfolio in India. Journal of Emerging Market Finance, 21(3), 265-290. https://doi.org/10.1177/09726527221082067
  15. Lahiri, S., and Biswas, S. (2022) Does financial literacy improve finance behavior in emerging economies? Evidence from India. Managerial Finance, 48(9/10), 1430-1452. https://doi.org/10.1108/MF-09-2021-0440
  16. Siddiqui, M.Z., Biswas, S., and Jose, S. (2021) Alarming hunger in India- Real or methodological fallacy? Economic and Political Weekly, 56 (50), 13-17.  
  17. Biswas, S. (2021) Can R&D investment reduce the impact of COVID-19 on firm performance? - Evidence from India. Journal of Public Affairs, e2773. https://doi.org/10.1002/pa.2773.
  18. Biswas, S. (2021) Female directors and risk taking behavior of Indian firms. Managerial Finance. 47 (7), 1016-1037. https://doi.org/10.1108/MF-05-2020-0274 
  19. Biswas, S. (2021). Do audit fees adjust quickly?—Evidence from India. Global Business Review, 22(5), 1301-1318. https://doi.org/10.1177/0972150919843382
  20. Biswas, S. (2019). Understanding the small-world nature of board network in India. Cogent Economics & Finance, 7(1), 1710424. https://doi.org/10.1080/23322039.2019.1710424
  21. Biswas, S. (2016). Promoter homophily in boards: Does it really matter? - An Analysis of Indian Firms, Economics Bulletin, 36 (1), 237-252.
  22. Biswas, S. (2016). Stand-alone" firms in inter-firm network: An evidence from India, Economics Bulletin, 36 (2), 913-920.
Book Chapters:
  1. Venkatrathna, T.V., Biswas, S., and Sinha, N. (2024) Woman on bank board and board effectiveness in India, in Banking Resilience and Global Financial Stability, edited by Marwa Elnahass and Sabri Boubaker. https://doi.org/10.1142/q0421 
  2. Biswas, S., and Sinha, N. (2022). Business group affiliation and resilience to COVID-19 outbreak in India, in Financial Transformation Beyond the COVID-19 Health Crisis, edited by Sabri Boubaker and Duc Nguyen, pp. 615-637. https://doi.org/10.1142/9781800610781_0021
  3. Biswas, S., and Sinha, N. (2022). Effect of bank mergers on cost of capital- Evidence from India, in Corporate Finance and Financial Development- An Emerging Market Perspective in a Post-Crisis World, edited by Shame Mugova, Joseph Olorunfemi Akande and Odunayo Magret Olarewaju, pp 69-82. E-ISSN - 2730-6046. link.springer.com/book/10.1007/978-3-031-04980-4..
  4. Biswas, S., and Mukherjee, A. (2022). Board Diversity and Bank Outcomes in India,
    in Corporate Finance and Financial Development- An Emerging Market Perspective in a Post-Crisis World, edited by Shame Mugova, Joseph Olorunfemi Akande and Odunayo Magret Olarewaju,
    pp159-181. E-ISSN - 2730-6046. link.springer.com/book/10.1007/978-3-031-04980-4
  5. Sinha, N. & Biswas, S. (2021). Bilateral relations and venture capital financing in India. Chapter 7 in Entrepreneurial Finance, Innovation and Development: A Research Companion, edited by Duc Nguyen,Ngo Vi Dzung and Ngoc Thang Nguyen. eBook ISBN 9781003134282. https://doi.org/10.4324/9781003134282
 
Other peer reviewed popular writing:
  1. Why firms should appoint 'networked' women directors (with Jayati Sarkar and Ekta Selarka). Ideas for India, September 4, 2024. https://www.ideasforindia.in/topics/social-identity/why-firms-should-appoint-networked-women-directors.html
  2. All is not well - Unintended consequences of maternity leave policy in India (with Purna Banerjee and Debojyoti Mazumder). Ideas for India, March 4, 2024. https://www.ideasforindia.in/topics/social-identity/all-is-not-well-unintended-consequences-of-maternity-leave-policy-in-india.html
  3. Crime in the village- Does road infrastructure make a difference? (with Ritika Jain) Ideas for India, December 22, 2021. https://www.ideasforindia.in/topics/poverty-inequality/crime-in-the-village-does-road-infrastructure-make-a-difference.html. 
  4. Do promises work? Assessing the long-term benefits of Apni Beti Apna Dhan Programme, (with Upasak Das). Ideas for India, November 3, 2021. https://www.ideasforindia.in/topics/social-identity/do-promises-work-assessing-long-term-benefits-of-apni-beti-apna-dhan-programme.html. [Hindi version available at : https://www.ideasforindia.in/topics/social-identity/do-promises-work-assessing-long-term-benefits-of-apni-beti-apna-dhan-programme-hindi.html
 
Case Study:
1. Turbulence navigation: Tata Steel's diverse board revives Bhushan Steel. (with T V Venkatrathna). Published by All India Management Association. Available at: https://www.caseresearchaima.in/frontend/product_display/1646
Current research in progress and working papers:
  1. Can ICT make small beautiful? Examining the role of ICT in affecting credit behavior of SMEs in India (with Ritika Jain). Asian Development Bank Working Paper Series, No. 1459.  
  2. Growing with greener pastures- Examining the effect of graduate politicians on forest cover in India (with Upasak Das and Sandhya Garg) 
  3. Maternity leave and labour market outcomes (with Purna Banerjee and Debojyoti Mazumder) 
  4. What's the worth of a promise? Evaluating the longer-term indirect effects of a programme to reduce early marriage in India.  (with Upasak Das). Global Development Institute Working Paper, 2021-0.55.

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