BIO

Nagpurnanand R. Prabhala is the Francis J. Carey, Jr. Endowed Professor in Business and serves on the Finance faculty at the Carey Business School. His research focuses on empirical corporate finance and financial intermediation, with particular emphasis on competition, governance, and innovation in financial markets.

He has held senior academic and research leadership roles, including serving as head of the finance area at the University of Maryland, College Park. He has also served as Research Head at CAFRAL, an institution promoted by the Reserve Bank of India, and has taught at leading global institutions including the Indian School of Business, the National University of Singapore, and Yale School of Management.

Prabhala recent research applies spatial and empirical methods to study competition among firms, actively managed funds, and participants in the venture capital ecosystem. His work also examines director elections and board diversity, as well as FinTech developments such as peer-to-peer lending, robo-advisory services, and the adoption of digital finance by individuals and banks. In addition, his research addresses key issues in banking and financial systems, including bank runs, monetary transmission, creditor rights, and bank financing for small firms.