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About Kiridaran (Giri) Kanagaretnam
My primary research focus is on financial institutions in particular bank stability, excessive risk-taking and financial reporting transparency. My work in corporate governance (including CEO compensation, audit quality and tax avoidance) is another area of great interest in accounting and finance.
I have published in many leading journals, including The Accounting Review, Review of Accounting Studies, Journal of Financial and Quantitative Analysis, Contemporary Accounting Research, Journal of International Business Studies, European Accounting Review, Journal of Banking and Finance, Auditing: A Journal of Practice & Theory, Journal of Business Ethics, Journal of Economic Psychology, Journal of Accounting and Public Policy, Journal of Accounting, Auditing, & Finance, Journal of Business Finance & Accounting, Journal of Financial Stability and Journal of Business Research.
Honours
2016/2017, 2018/2019 Schulich Research Fellowship
2017 Nominated for the Schulich Dean’s Research Impact Award
2014 Vernon Zimmerman Best Paper Award at the 26th Asian-Pacific Conference on International Accounting Issues, Taipei
1999 AAA Doctoral Consortium Fellow
1999 Outstanding TA selected by the Graduate School at Syracuse University
1998/99 School of Management TA of the Year at Syracuse University
1998/99 and 1999/00 University Teaching Fellow appointed to this compensated position by the Graduate School at Syracuse University
1994-1996 Fulbright Junior Fellowship, Purdue University
Recent Publications
Jin, J.Y., K. Kanagaretnam, Y. Liu and G. J. Lobo. “Economic Policy Uncertainty and Bank Earnings Opacity”, Journal of Accounting and Public Policy (forthcoming).
Kanagaretnam, K., G.J. Lobo, C. Wang and D. Whalen. 2019. “Cross-country Evidence on the Relationship between Societal Trust and Risk-Taking by Banks”, Journal of Financial and Quantitative Analysis, Volume 54, 275-301.
Gomaa, M., K. Kanagaretnam, S. Mestleman and M. Shehata. 2019. “Testing the Efficacy of Replacing the Incurred Credit Loss Model with the Expected Credit Loss Model”, European Accounting Review, Volume 28, 309-334.
Kanagaretnam, K., J. Lee, C.Y. Lim and G.J. Lobo. 2018. “Societal Trust and Corporate Tax Avoidance”, Review of Accounting Studies, Volume 23, 1588-1628.
Dal Maso, L., K. Kanagaretnam, G.J. Lobo and S. Terzani. 2018. “The Influence of Accounting Enforcement on Earnings Quality of Banks: Implications of Bank Regulation and the Global Financial Crisis”, Journal of Accounting and Public Policy, Volume 37, 402-419.
Jin, J.Y., K. Kanagaretnam, and Y. Liu. 2018. “Banks’ Funding Structure and Earnings Quality”, International Review of Financial Analysis, Volume 59, 163-178.
Kanagaretnam, K., R. Khokar and A. Mawani. 2018. “Linking Societal Trust and CEO Compensation”, Journal of Business Ethics, Volume 151, 295-317.
Jin, J.Y., K. Kanagaretnam, and G. J. Lobo. 2018. “Discretion in Loan Loss Allowance, Risk Taking and Earnings Management”, Accounting & Finance, Volume 58, 171-193.
Kanagaretnam, K., J. Lee, C.Y. Lim and G.J. Lobo. 2018. “Cross-Country Evidence on the Role of Independent Media in Constraining Tax Aggressiveness”, Journal of Business Ethics, Volume 150, 879-902.
Jin, J.Y., K. Kanagaretnam, G. J. Lobo and R. Mathieu. 2017. “Social Capital and Bank Stability”, Journal of Financial Stability, Volume 32, 99-114.
Kanagaretnam, K., J. Lee, C.Y. Lim and G.J. Lobo. 2017. “Effects of Informal Institutions on the Relationship between Accounting Measures of Risk and Bank Distress”, Journal of International Accounting Research, Volume 16, 37-66.
Kanagaretnam, K., J. Lee, C.Y. Lim and G.J. Lobo. 2016. “Relation between Auditor Quality and Tax Aggressiveness: Implications of Cross-Country Institutional Differences”, Auditing: A Journal of Practice and Theory, Volume 35, 105-135.
Kanagaretnam, K., G. Zhang and S. Zhang. 2016. “CDS Pricing and Accounting Disclosures: Evidence from U.S. Bank Holding Corporations during the Recent Credit Crisis”, Journal of Financial Stability, Volume 22, 33-44.
Kanagaretnam, K., G.J. Lobo, C. Ma and J. Zhou. 2016. “National Culture and Internal Control Weaknesses around the World”, Journal of Accounting, Auditing & Finance, Volume 31, 28-50.
Kanagaretnam, K., G.J. Lobo and C. Wang. 2015. “Religiosity and Earnings Management: International Evidence from the Banking Industry”, Journal of Business Ethics, Volume 132, 277 -296.
Kanagaretnam, K., G.J. Lobo C. Wang and D. Whalen. 2015. “Religiosity and Risk-Taking in International Banking”, Journal of Behavioral and Experimental Finance, Volume 7, 42 -59.
Gomaa, M., K. Kanagaretnam, S. Mestelman, and M. Shehata. 2015. “Exercising Empowerment in an Investment Environment”, Journal of Behavioral and Experimental Finance, Volume 7, 33-41.
Kanagaretnam, K., C.Y. Lim and G.J. Lobo. 2014. Influence of National Culture on Accounting Conservatism and Risk Taking in the Banking Industry, The Accounting Review, Volume 89, 1115-1149.
Kanagaretnam, K., S. Mestelman, S.M.K. Nainar and M. Shehata. 2014. Transparency and Empowerment in an Investment Environment, Journal of Business Research, Volume 67, 2030-2038.
Kanagaretnam, K., C.Y. Lim and G.J. Lobo. 2014. Effects of International Institutional Factors on Earnings Quality of Banks, Journal of Banking and Finance, Volume 39, 87-106.
Jin, J.Y., K. Kanagaretnam, G. J. Lobo, and R. Mathieu. 2013. Impact of FDICIA Internal Controls on Bank Risk Taking, Journal of Banking and Finance, Volume 37, 614-624.
Jin, J.Y., K. Kanagaretnam, and G. J. Lobo. 2013. Unintended Consequences of Increased Asset threshold for FDICIA Internal Controls: Evidence from U.S. Private Banks, Journal of Banking and Finance, Volume 37, 4879-4892.
Kanagaretnam, K., G.J. Lobo and D. Whalen. 2013. “Relationship between Board Independence and Firm Performance post-Sarbanes Oxley”, Corporate Ownership and Control, Volume 11, 65-73.
Kanagaretnam, K., G.J. Lobo and R. Mathieu. 2012. CEO Stock Options and Analysts' Forecast Accuracy and Bias, Review of Quantitative Finance & Accounting, Volume 38, 299-322. - summarized for practitioners in CFA Digest, August 2012
Kanagaretnam, K., S. Mestelman, S.M.K. Nainar and M. Shehata. 2012. The Impact of Empowering Investors on Trust and Trustworthiness, Journal of Economic Psychology, Volume 33, 566-577.
Kanagaretnam, K and S. Sarkar. 2011. Managerial Compensation and the Underinvestment Problem, Economic Modelling, Volume 28, 308 -315.
Bart, C., Y. L. Chan and K. Kanagaretnam. 2011. What Questions Do Board Members in Public Service Organizations Ask about Executive Compensation?, Accounting Perspectives, Volume 10, 83 -108.
Kanagaretnam, K., G. Krishnan, G.J. Lobo and R. Mathieu. 2011. Audit Quality and the Market Valuation of Banks Loan Loss Allowance, Accounting Perspectives, Volume 10, 161 -193.
Jin, J.Y., K. Kanagaretnam and G.J. Lobo. 2011. Ability of Accounting and Audit Quality Variables to Predict Bank Failures during the Recent Financial Crisis, Journal of Banking and Finance, Volume 35, 2811-2819.
Kanagaretnam, K., C.Y. Lim and G.J. Lobo. 2011. Effects of National Culture on Earnings Quality of Banks, Journal of International Business Studies, Volume 42, 853 -874.
Kanagaretnam, K., S. Mestelman, S.M.K. Nainar and M. Shehata. 2010. Trust and Reciprocity with Transparency and Repeated Interactions, Journal of Business Research, Volume 63, 241-247.
Kanagaretnam, K., C.Y. Lim and G.J. Lobo. 2010. Auditor Reputation and Earnings Management: International Evidence from the Banking Industry, Journal of Banking and Finance, Volume 34, 2318-2327.
Kanagaretnam, K., G.V. Krishnan and G.J. Lobo. 2010. An Empirical Analysis of Auditor Independence in the Banking Industry, The Accounting Review, Volume 85, 2011-2046. - Featured on Bloomberg Businessweek, December 8, 2010; CNBC.com; Reuters; Hymarkets.com.
Grants
Project Title Role Award Amount Year Awarded Granting Agency Project TitleInterest Rates, Monetary and Economic Policy Uncertainty, and Banks’ Financial Reporting Quality RoleCo-Principal investigator Award Amount$40,000.00 Year Awarded2018-2019 Granting AgencyCanadian Securities Institute (CSI) Research Foundation Project TitleTest-bedding a New Credit Loss Model: Searching for the Consequences of a Rule Change in a Controlled Laboratory Environment RoleCo-Investigator Award Amount$44,787.00 Year Awarded2016-2018 Granting AgencySocial Sciences and Humanities Research Council - Insight Development Grant Project TitleThe Effects of Economic Policy and Monetary Policy Uncertainty on Bank Financial Reporting RoleCo-Investigator Award Amount$52,000.00 Year Awarded2016-2019 Granting AgencySocial Sciences and Humanities Research Council - Insight Grant Project Title RolePrincipal Investigator Award Amount$12,000.00 Year Awarded2015-2016 Granting AgencyCPA Schulich Alliance Project Title RoleCo-Investigator Award Amount$10,000.00 Year Awarded2015-2016 Granting AgencyCA/DeGroote Centre Project TitleEffects of National Level Trust on Bank Risk Taking, Performance and Financial Reporting RolePrincipal Investigator Award Amount$92,000.00 Year Awarded2014-2019 Granting AgencySocial Sciences and Humanities Research Council - Insight Grant Project TitleEffects of Governance on Bank Accounting Transparency RoleCo-Investigator Award Amount$57,000.00 Year Awarded2014-2017 Granting AgencySocial Sciences and Humanities Research Council - Insight Development Grant Project Title RoleCo-Investigator Award Amount$10,000.00 Year Awarded2013-2015 Granting AgencyCA/DeGroote Centre Project TitleThe Impact of Internal Control Regulations on Bank Risk Taking, with Justin Jin (McMaster University) RoleCo-Investigator Award Amount$32,000.00 Year Awarded2012-2015 Granting AgencySocial Sciences and Humanities Research Council - Insight Development Grant Project Title RolePrincipal Investigator Award Amount$7,500.00 Year Awarded2012-2013 Granting AgencyCA/DeGroote Centre - Research Grant Project Title RolePrincipal Investigator Award Amount$9,000.00 Year Awarded2011-2013 Granting AgencyCMA Ontario - Research Grant Project TitleAccounting, Audit and Institutional Properties of Troubled Banks, with Justin Jin (McMaster University) and Gerry Lobo (University of Houston) RolePrincipal Investigator Award Amount$50,000.00 Year Awarded2010-2014 Granting AgencySocial Sciences and Humanities Research Council - Standard Research Grant Project Title RolePrincipal Investigator Award Amount$10,000.00 Year Awarded2010-2013 Granting AgencyCMA Ontario - Research Grant Project Title RolePrincipal Investigator Award Amount$10,000.00 Year Awarded2009-2012 Granting AgencyCMA Ontario - Research Grant Project TitleEffective Tax Rates and Optimal Leverage Ratios under a Convex Tax Schedule, with Sudipto Sarkar (McMaster University) RoleCo-Investigator Award Amount$79,000.00 Year Awarded2008-2012 Granting AgencySocial Sciences and Humanities Research Council - Standard Research Grant Project TitleRole of Internal and External Monitoring and Compensation Incentives in Earnings Management in Banks, with Robert Mathieu (Wilfrid Laurier University) and Gerry Lobo (University of Houston) RoleCo-Investigator Award Amount$65,000.00 Year Awarded2007-2011 Granting AgencySocial Sciences and Humanities Research Council - Standard Research Grant Project Title RolePrincipal Investigator Award Amount$10,000.00 Year Awarded2006-2009 Granting AgencyCMA Ontario - Research Grant Project TitleExecutive Compensation, Firm Performance and the Quality of Earnings, with Robert Mathieu (Wilfrid Laurier University) RolePrincipal Investigator Award Amount$72,500.00 Year Awarded2003-2007 Granting AgencySocial Sciences and Humanities Research Council - INE Standard Research Grant Project TitleImpact of Internet on Productivity and Work Habits, with Mohamed Shehata and Khalid Nainarr. This Grant Proposal was ranked first out of thirteen INE applications submitted to this SSHRC Selection Committee. RoleCo-Investigator Award Amount$74,662.00 Year Awarded2002-2006 Granting AgencySocial Sciences and Humanities Research Council - INE Standard Research Grant Project TitleMarket risk and Firm Valuation in the New Economy, with Madhu Kalimipalli (Wilfrid Laurier University) RoleCo-Investigator Award Amount$72,585.00 Year Awarded2002 Granting AgencyCanada Foundation for Innovation - New Opportunities Grant Project TitleStock Option Overhang, Firm Performance and Corporate Governance, with H.S.B. Herath (University of Northern British Columbia), and Robert Mathieu (Wilfrid Laurier University) RoleCo-Investigator Award Amount$10,000.00 Year Awarded2002 Granting AgencyCanadian Academic Accounting Association - Research Grant
Kiridaran (Giri) Kanagaretnam
Professor of Accounting; Program Director, Master of Management
B.Sc. (Peradeniya, Sri Lanka)MSEE (Purdue)
PhD (Syracuse)
ACMA (U.K.)
CPA, CMA, CGA