Ashok Banerjee

Ashok Banerjee

IIM Calcutta

Biography

Ashok Banerjee is currently the Departmental Head of Finance and Control, at the Indian Institute of Management (IIM) Calcutta. He joined IIM Calcutta as Professor (Finance and Control) in 2004 and has been instrumental in setting up the state-of-the-art Financial Research and Trading Laboratory (Finance Lab) there. He is also the founding member of Indian Finance Association.

PREDICTING DISTRESS FROM THE TEXT OF CORPORATE FILINGS

  • Qualitative information present in corporate annual reports
  • Data of 800 companies registered and operating in India
  • A text-based analytical model that evaluates three sections of an annual report
  • Directors Report, Audit Report and Notes to Accounts.
  • Predicts a credit default event 3-4 years before it happens
The Event Will Start In