Profile page for: Devashis Mitra | UNB

Devashis Mitra

Dean, Professor

PhD (University of Massachusetts, Amherst
)

Management, Faculty of

Singer Hall 250

Fredericton

dmitra@unb.ca
1 506 452 6304



Devashis Mitra, Dean of the Faculty of Management, and Professor of Finance and Entrepreneurship, joined the faculty in 1991 and is a member of the Entrepreneurship and Finance Areas.

Dr. Mitra's teaching interests are in Corporate Finance, Entrepreneurial Finance, and International Financial Management in the BBA and MBA programs. He received a UNB Merit Award in 2001 and again in 2012 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, Research and Strategic Initiatives from July 1, 2012 until June 30, 2013. He previously served as 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 Fellow designation from the Institute of Chartered Accountants of India. He has been a visiting scholar and has taught at institutions in India, Indonesia, Poland, and Singapore.

His research interests are entrepreneurial finance such as venture capital and crowdfunding, financial institutions, governance, dividend policy, corporate capital structure, international capital budgeting and financial markets. He is the co-author of a widely adopted 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, International Journal of Corporate Governance, Mid-Atlantic Journal of Business, and Midwestern Journal of Business & Economics.

Dr. Mitra is a member on the Board and Atlantic Regional Chair of Business Schools Association of Canada. He is also on the International Advisory Board of Jindal Global Business School.

Learn more about Dr. Mitra on Google Scholar.

Selected books/book chapters

Fundamentals of Corporate Finance, (7th Canadian Edition), R. Brealey, S. Myers, A. Marcus, (D. Mitra, D. Gajurel), McGraw-Hill Ryerson, 2020, 798 pages.

Fundamentals of Corporate Finance, (6th Canadian Edition), R. Brealey, S. Myers, A. Marcus. (D. Mitra,E. Maynes, W. Lim), McGraw-Hill Ryerson, 2016, 805 pages.

Fundamentals of Corporate Finance, (5th Canadian Edition), R. Brealey, S. Myers, A. Marcus. (E. Maynes, D. Mitra), McGraw-Hill Ryerson, 2012, 829 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).

Selected journal articles

On the Incremental Information Content of the Components of the Globe & Mail Corporate Governance Index, International Journal of Corporate Governance, 2011, Vol.2, No.2, 156-172 (F.J. Arcelus, N. Kheradmand, 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, Vol. 57, March/April 2005, 165-185, (F.J. Arcelus, D. Mitra ,G. Srinivasan).

“The Venture Capital Industry in India,” Journal of Small Business Management, Vol. 38, April 2000, 67-79, (D. Mitra).

“Price Elasticity of Demand and an Optimal Cash Discount Rate in Credit Policy, The Financial Review, Vol. 34, September 1999, 113-126, (M. Rashid, D. Mitra).

“The Information Content of Dividend Initiations and Firm Size: An Analysis Using Bid-Ask Spreads,” The Financial Review, Vol. 32, No. 2, May 1997, 309-329, (D. Mitra , M. Rashid). (This study was selected for abstracting in the CFA Digest, Winter 1998 Issue, pp. 40-41).

“The Venture Capital Industry in Canada,” Journal of Small Business Management, Vol. 35, No. 2, April 1997, 105-110, (A. Best, D. Mitra).

“Comparative Accuracy of Individual and Portfolio Forecasts of Inflation: A Canadian Study,” Applied Economics, Vol. 28, December 1996, 1633-1637, (D. Mitra, M. Rashid).

“Dividend Initiation Announcement Effects and the Firm’s Information Environment,” Journal of Business Finance and Accounting, Vol. 22, No.4, June 1995, 551-573, (D. Mitra, J.E. Owers).

“A Direct Test of the Free Cash Flow Hypothesis,” Financial Management, FM Letters, Vol. 20, No. 1, Spring 1991, 13-14, (D. Mitra, A. Biswas, J. E. Owers).