Devashis Mitra
DEVASHIS MITRA, Associate Dean, Research and Strategic Initiatives, and Professor of Finance and Entrepreneurship, joined the Faculty of Business Administration in 1991 and is a member of the Entrepreneurship and Finance Areas. In his role as Associate Dean, Research and Strategic Initiatives, Dr. Mitra champions new initiatives and research in the Faculty of Business Administration.
Dr. Mitra teaches Corporate Finance, Entrepreneurial Finance, and International Financial Management in the BBA and MBA programs. He received a UNB Merit Award in 2001 for his performance in research, service, and teaching. He also was a recipient in 2002 of the Faculty of Business Administration's Excellence in Research Award for performance across his career. Dr. Mitra was Associate Dean, International Programs, from 2004 to 2008 and Associate Dean (Accreditation and Research) during the 2010-11 academic year.
Prior to pursuing an academic career, Dr. Mitra worked for Price Waterhouse and for Indian Aluminum Company, then a subsidiary of Alcan Aluminum. He also holds a Chartered Accountant designation from India. He has been a visiting scholar at the International Management Institute, New Delhi, India, and at the Jakarta Institute of Management Studies, Indonesia.
His research interests are financial institutions, governance, dividend policy, corporate capital structure, venture capital, international capital budgeting and financial markets. He is the co-author of a best-selling textbook on corporate finance and his research has been published in journals such as: Applied Economics, Financial Management (FM Letters), the Financial Review, Journal of Business Finance and Accounting, the Journal of Financial Studies, the Journal of Small Business Management, Journal of Economics and Business, Journal of Small Business and Entrepreneurship, Mid-Atlantic Journal of Business, and Midwestern Journal of Business & Economics.
Books or Book Chapters or Articles in Edited Books:
Fundamentals of Corporate Finance, (4th Canadian Edition), R. Brealey, S. Myers, A. Marcus. (E. Maynes, D. Mitra), McGraw-Hill Ryerson, 2009, 828 pages.
An Examination of Dividend Strategies of Firms and their Market Valuations, in B.S. Sahay, J. Ranjan, R.R. Thakur, S. Nicolas ed. “Redefining Business Horizons”, 2008, 415-426, Mcmillan Press Advanced Research Series, (R. Kumari, D. Mitra, G. Srinivasan).
Fundamentals of Corporate Finance. (3rd Edition). Toronto: McGraw-Hill Ryerson, 2006. R. Brealey, S. Myers, A. Marcus, and E. Maynes.
Learning Materials:
Instructors Manual to accompany Canadian Adaptation of Fundamentals of Corporate Finance, (E. Maynes, D. Mitra), McGraw-Hill Ryerson, 2009.
Solutions Manual to accompany Canadian Adaptation of Fundamentals of Corporate Finance, (E. Maynes, D. Mitra), McGraw-Hill Ryerson 2009.
Instructors Manual to accompany Canadian Adaptation of Fundamentals of Corporate Finance, Third Canadian edition. Toronto: McGraw-Hill Ryerson, 2006.
Solutions Manual to accompany Canadian Adaptation of Fundamentals of Corporate Finance, Third Canadian edition. Toronto: McGraw-Hill Ryerson, 2006.
Discipline-Based Scholarship
Recent Peer-Reviewed Journal Articles: (since 2006)
On the Incremental Information Content of the Components of the Globe & Mail Corporate Governance Index accepted for publication in International Journal of Corporate Governance, (forthcoming) 2011, Vol. 2, No. 2, 156-172 (F.J. Arcelus, N. Kheradmand, D. Mitra, G. Srinivasan).
Developing and Assessing University Entrepreneurial Programs: The Case of a New Program in Atlantic Canada, Journal of Small Business and Entrepreneurship, 2010, Vol. 23, No. 4, 565-580 (M. Wielemaker, A.J. Gaudes, E.S. Grant, D. Mitra, K. Murdock).
Less vs. Well-Developed Venture Capital Networks: The Venture Capital Acquisition Process in New Brunswick, Journal of Small Business and Entrepreneurship, 2010, Vol. 23, No. 4, 527-542 (M. MacLean, D. Mitra, M. Wielemaker).
Changes in Credit Terms and Clientele Effects on the Cash Discount Rate in Credit Policy, Review of Business Research, Vol. VI, No. 2, 2006, 141-151. (W. Lim, M. Rashid, D. Mitra).
The Firm’s Strategy Type and Market Value, Global Business Review, Vol. 7, 1, February 2006, 43-55, (R. Kumari, D. Mitra , G. Srinivasan).
On The Incidence of Deferred Taxes, Intangibles and Non-Linearities in the Relationship Between Tobin's Q and ROI, Journal of Economics and Business, 57, (2005), 165-185. (with F.J. Arcelus and G. Srinivasan).
Conference Proceedings or Presentations: (since 2006)
An Examination of Dividend Strategies of Firms and their Market Valuations, paper presented at the International Conference on Innovation in Redefining Business Horizons, Ghaziabad, India, December 2008, (R. Kumari, D. Mitra, G. Srinivasan).
Developing and Assessing Entrepreneurial Programs: The Case of a New Program in Atlantic Canada paper presented at the 2008 ICSB World Conference, Halifax, Nova Scotia, June 2008, (M. Wielemaker, A. Gaudes, S. Grant, D. Mitra, K. Murdock).
Why Do Banks Venture Abroad? A study using the Canadian banking industry. Paper presented at the 4th International Conference on “Global Arena-Challenge of the Morrow”, New Delhi, India, December 2006, (H. Bansal, D. Mitra).
Contact Information
Associate Dean, Research and Strategic Initiatives
Professor, Finance
Ph.D., University of Massachusetts, Amherst
Office Phone: (506) 458-7332
Office Location: 318 Tilley Hall
