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Internal Faculty
Prof. Ranjit Tiwari

Prof. (Dr.) Ranjit Tiwari

FPM, National Institute of Financial Management - Faridabad
PGDM, EMPI - New Delhi
M.Com, University of Calcutta
B.Com (H), University of North Bengal
ranjit@cimp.ac.in
  • Valuations
  • Capital Structure
  • Earnings Management
  • Intellectual Capital
  • Ownership Structure
  • Corporate Finance
  • Investment Analysis
  • Financial Modeling

A. Published Journal Articles

  1. Tiwari, R. (2026). Working Capital Optimization in the Energy Sector: The Intellectual Capital Perspective. Managerial and Decision Economics. (Forthcoming) (Scopus: Q2, ABDC-B).
  2. Tiwari, R., & Kumar, S. (2026). Does the Intellectual Capital Sorted Fundamental Indexation Portfolios Perform Better? An Indian Investigation. Journal of the Knowledge Economy, 1-28. (Scopus: Q1, ABDC-C).
  3. Tiwari, R., Kumar, S., & Rana, N. P. (2025). Demystifying the Nexus Between Intellectual Capital and Financial Performance: Panel Data Evidence from Hotel and Tourism Industry. International Journal of Hospitality & Tourism Administration, 1–26. (Scopus: Q2, ABDC-B).
  4. Tiwari, R. (2025). Using intellectual capital to improve the effectiveness of working capital management in an organization. Global Knowledge, Memory and Communication (Forthcoming) (Scopus: Q2, ABDC-B).
  5. Tiwari, R., & Arora, A. (2025). “Moderating role of gender diversity in the relationship between intellectual capital efficiency and corporate performance”, International Journal of Productivity and Performance Management, Vol. 74 No. 2, pp. 544-563. (Scopus: Q1, ABDC: B).
  6. Tiwari, R., Kumar, S. & Monika. (2025). Does high ESG score augment the corporate financial performance? A cross-sectional study from India. International Journal of Electronic Finance. (Forthcoming) (Scopus: Q4, ABDC-C).
  7. Arora, A., & Tiwari, R. (2025). Towards environmental disclosures: The role of intellectual capital. Corporate Social Responsibility and Environmental Management, Vol. 32 No. 2, pp. 1381-1392. (Scopus: Q1, ABDC-C).
  8. Bhullar, P., Grover, K., Tiwari, R. (2024). “IPO Underpricing: A Comparative Analysis of Risk Factor Disclosures in Financial and Non-financial Sectors”, The Bottom Line, Vol. 37 No. 3, pp. 332-350 (Scopus: Q1).
  9. Arora, A., & Tiwari, R. (2023). Using gender diversity to improve intellectual capital performance: an Indian investigation. International Journal of Disclosure and Governance, 1-16. (Ranking ABDC: B)
  10. Tiwari, R., Vidyarthi, H., & Kumar, A. (2023). Nexus between intellectual capital and bank productivity in India. Journal of Risk and Financial Management. Vol. 16 No. 1, pp. 1-17. (Ranking ABDC: B)
  11. Tiwari, R. (2022). Intellectual capital and firms’ performance: The role of institutional ownership. International Journal of Managerial and Financial Accounting. Vol. 15 No. 4, pp. 442-482 (Ranking ABDC: B)
  12. Tiwari, R. (2022). Nexus between intellectual capital and profitability with interaction effects: panel data evidence from the Indian healthcare industry. Journal of Intellectual Capital. Vol. 23 No. 3, pp. 588-616. (Ranking ABDC: B)
  13. Kumar, S., & Tiwari, R. (2022). Does the fundamental indexation portfolio perform better? An Indian investigation. Accounting Research Journal, Vol. 35 No. 2, pp. 121-144. (Ranking ABDC: B)
  14. Tiwari, R. & Kumar, S. (2021). Corporate ownership structure and performance: an Indian perspective. International Journal of Corporate Governance, Vol. 11, No. 3-4. (Ranking ABDC: B)
  15. Vidyarthi, H. & Tiwari, R. (2019). Cost, revenue and profit efficiency characteristics and intellectual capital in Indian Banks. Journal of Intellectual Capital, Vol. 21, No. 1, pg. 1-22. (Ranking ABDC: B)
  16. Tiwari, R. & Vidyarthi, H. (2018). Intellectual capital and corporate performance: a case of Indian banks. Journal of Accounting in Emerging Economies, Vol. 8, No. 1, pg. 84-105. (Ranking ABDC: B)
  17. Tiwari, R. (2016). Intrinsic value estimates and its accuracy: evidence from Indian manufacturing industry. Future Business Journal, Vol. 2, No. 2, pg. 138-151. (Indexing: ESCI)
  18. Sethi, P. & Tiwari, R. (2016). New evidences on determinants of capital structure from the Indian manufacturing industry. Corporate Ownership and Control, Vol. 13, No. 3, pg. 81-87.
  19. Tiwari, R. & Singla, H. (2015). Do combining value estimates increase valuation accuracy: evidence from Indian chemical industry. Journal of Accounting in Emerging Economies, Vol. 5, No. 2, pg. 170-183. (Ranking ABDC: B)
  20. Tiwari, R. & Kumar, B. (2015). Drivers of firm’s value: panel data evidence from Indian manufacturing industry. Asian Journal of Finance and Accounting, Vol. 7, No. 2. Pg.31-47. (Ranking ABDC: C)
  21. Tiwari, R. & Singla, H. (2013). Comparative accuracy and explanatory performance of valuation models: evidence from India. Indore Management Journal, IIM Indore, Vol. 5, pp. 1-19.

B. Published Case Studies

  1. Kumar, S. & Tiwari, R. (2020). IVRCL Ltd.: Strategic debt restructuring leading to financial conundrum. Case no. 120-0051-1, Case Centre, USA.
  2. Monika, Tiwari, R. & Kumar, S. (2023). Apis India Ltd: Working Capital Benchmarking. Case no. 123-0074-1, Case Centre, USA.

C. Published Book Chapters

  1. “Review of Accuracy of Equity Valuation Models: Firm level Evidence from Indian Service Sector”, SoM, NIT Rourkela, Springer Publishers, pp. 1-26 (2014).
  2. “Sectorial Sensitivity of Value Drivers: Firm level evidence from India”, Research and Sustainable Business, DoMS, IIT Roorkee, Excel India Publishers, pp. 83-91 (2014).

D. Published Edited Books

  1. Redefining Resilience Digital Transformation Governance Sustainable Business Practices, 2025 (ISBN: 978-93-49666-95-5)
  2. CIMP Management Case Review, 2025 (ISBN: 978-93-89947-61-8)
  3. CIMP Management Case Review, 2024 (ISBN: 978-93-89947-39-7).

E. Papers’ Presented in Conferences

  • “The investment efficiency-sustainable growth nexus: firm level evidence from a developing country”, 19th ISDSI-Global Conference 2025, IMI Kolkata, December 2025.
  • “Artificial Intelligence technologies in financial fraud control: a socio-technical mapping of emerging research trends”, 8th International conference on sustainable economic development and business management: opportunities and challenges in global frontier markets, co-organized by the Academy of Finance, Knowledge Bridge Research Institute, Macquarie University, RMIT University, Nottingham Trent University, Institute of Economics – Ho Chi Minh National Academy of Politics, University of Economics and Law – Vietnam National University, Ho Chi Minh City and University of Greenwich, November 2025.
  • “Education, healthcare and human development”, National conference on Developmental Imperatives for Bihar: Challenges and Opportunities, Planning and Development Department, Government of Bihar in association with CIMP, January 2025.
  • “Analyzing the impact of Bihar Startup policy 2022 on entrepreneurial culture: A total interpretive structural modelling approach”, 24th Global Conference on Flexible Systems Management (GOLGIFT 24), Indian Institute of Management, Bodh Gaya, April, 2024.
  • “Comprehending Occasional and Habitual Sustainability Behaviours: A Survey of Entrepreneurs”, 2nd International Financial Management Conference, Chandragupt Institute of Management Patna, supported by SIDBI, February, 2024.
  • “Does Categorisation of Risk Factors Disclosures affect IPO Under-pricing: study of Indian capital markets”, 2nd International Conference on Technology, Innovation, and Sustainability in Business Management, organized by Middlesex University, Dubai, 2023.
  • “Apis India Limited: Working Capital Benchmarking”, Management Case Conference-2022, Organised by Chandragupt Institute of Management Patna, November, 2022.
  • “A stochastic frontier analysis of technical efficiency in crop yield in Bihar province of India: the post RKVY and BGREI initiative”, National Seminar on "Raising Agricultural Productivity and Farmers' Incomes in Bihar", Organised by Patliputra School of Economics, Dec 2021.
  • “Does Ownership Groups have Similar Influence on Performance? Evidence from India” Annual INFINITI Conference on International Finance, jointly organised by Trinity College Dublin, Monash University & the University of Sydney, Australia, 2018.
  • “Discretionary Accruals and Earnings Management: Case of India”, 4th Academic International Conference on Law, Economics and Finance of FLE Learning, Newnham College, University of Cambridge, UK, Dec 2017.
  • “Intellectual Capital and Corporate Performance: A case of Indian Banks”, 23rd Annual Conference of the Multinational Finance Society, Stockholm Business School, Sweden, 2016.
  • “Review of Accuracy of Equity Valuation Models: Firm level Evidence from Indian Service Sector”, International Conference on Business Paradigms in Business Markets, SoM, NIT Rourkela, India, 2014.
  • “Comparative Accuracy and Explanatory performance of Valuation models: Evidence from Indian”, 6th International Conference on Excellence in Research and Education, IIM Indore, India, 2014.
  • “Sectorial Sensitivity of Value Drivers: Firm level evidence from India”, International Conference on Emerging Challenges for Sustainable Business, DoMS, IIT Roorkee, 2014.
  • “Do Combining Value estimates increase Valuation Accuracy? Firm level evidence from India”, The 13th Consortium of Students in Management Research (COSMAR), Indian Institute of Science, Bangalore, 2013.
  • “Value Driver Analysis of Indian Firms”, 14th Doctoral Conference, Faculty of Finance and Accounting, University of Economics, Czech Republic, 2013.
  • “Equity Valuation through Dynamic linear information Model: An Empirical study of Indian Firms”, 5th International Conference on Excellence in Research and Education, IIM Indore, India, 2013.
  • “Comparative Accuracy and Explanatory performance of Valuation models: Evidence from Indian Banking Industry”, 7th International Research Conference, Yale-Great lakes center for Management Research, Chennai, India, 2012.
  • “Intangibles and its Influence on the Capital Structure of Indian Firms”, 6th International Conference on Contemporary Business, IIT Delhi & Curtin University, India, 2012.
  • “Do Combining Value estimates increase Valuation Accuracy? Evidence from Indian Chemical industry”, National Conference on Emerging Challenges for Sustainable Business, IIT Roorkee, India, 2012.
  • Member of Indian Institute of Banking and Finance, 2008
  • Member of Indian Econometric Society, 2015