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I was born in Calcutta and raised on a healthy diet of Tagore, Ray, rosogollas, single malts, and siestas. Tried my hand at writing fiction, understanding harmonic oscillators, playing cricket, and designing performance management systems.
Obviously, failed at all of them.
Nowadays, I struggle to keep up with my 9-year-old and the never-ending news cycle. I do research at the intersection of political economy and corporate finance for my day job. I am also an Associate Editor of Applied Economics and Screening Editor of Corporate Governance: An International Review
My updated CV is available here.
Contact s.homroy@rug.nl
Publications and Accepted Papers
Publications and Accepted Papers
Journal Articles
Homroy, S., and Gangopadhyay, S. (2024) Strategic CEO Activism in Polarized Markets, Forthcoming, Journal of Financial and Quantitiave Analysis
Featured in Financial Times, Economist, ProMarket, LSE Business Review, Columbia Law School Blue Sky Blog, De Tijd, El Pais
Presented at AFA 2022
Fišar, M., Greiner, B., Huber, C., Katok, E., Ozkes, A., et al. (2024) Reproducibility in Management Science, Forthcoming, Management Science
Draca, M., Green, C.P. (2023) Financing UK Democracy: A Stocktake of 20 years of Political Disclosure, Forthcoming, Fiscal Studies
Homroy, S., Mavruk, T., and van Diem, N. (2023) ESG-Linked Compensation, CEO Skills and Shareholders' Welfare, Review of Corporate Finance Studies, 12(4), 939-985.
Homroy, S. (2023) GHG Emissions and Firm Performance: The role of CEO Gender Socialization Journal of Banking and Finance, 148.
Featured in OECD
Gangopadhyay, S. and Homroy, S. (2023) Do Social Policies Foster Innovation? Evidence from India’s CSR Regulation, Research Policy, 52 (1).
Featured in The Hindu Business Line
Xie, L., Scholtens, L.J.R., and Homroy, S. (2023) Rebalancing Climate Finance: Analysing Multilateral Development Banks’ Allocation Practices, Energy Research and Social Science, 101
Banerjee, S., Homroy, S., and Slechten, S. (2022) Investment and Agency Motives of Corporate Philanthropy, Journal of Corporate Finance, 77.
Featured in MeJudice, LSE Business Review
Presented at ASSA 2022, Financial Management Association-Asia Pacific Conference 2018, Royal Economic Society Annual Conference 2017, EEA 2018.
Green, C.P., and Homroy, S. (2022) Incorporated in Westminster: Channels and Returns to Political Connection in the United Kingdom, Economica, 89(354).
Featured in Het Financieele Dagblad, LSE British Politics and Policy, Oxford Business Law Blog.
Homroy, S. and Mukherjee, S. (2021) The Role of Employer Learning and Regulatory Interventions in Mitigating Executive Gender Pay Gap, Journal of Corporate Finance, 71.
Featured in CLS Blue Sky Blog, Oxford Law School Blog
Homroy, S. and Soo, K.T. (2020) Team Diversity and Individual Performance, Manchester School, 88(4), 507-530.
Homroy, S. and Slechten, A. (2019) Board Expertise, Networked Boards and Environmental Performance, Journal of Business Ethics, 158, 269-292.
Green, C.P., and Homroy, S. (2018) Female Directors, Board Committees and Firm Performance, European Economic Review, 102, 19-38.
Featured in UK Financial Conduct Authority, International Labour Organization, HLS Blog on Corporate Governance, Guardian, workingmums, Management Issues, Real Business
Banerjee, S., & Homroy, S. (2018) Managerial incentives and strategic choices of firms with different ownership structures. Journal of Corporate Finance, 48, 314-330.
Homroy, S. (2015) Does Threat of Dismissal Constrain Acquisition Premium in CEO Pay? Economica, 82(s1), 1349-1371.
Featured in Wall Street Journal, Real Business.
Homroy, S. (2016). Was Adam Smith right? Evidence of compensating differential in CEO pay? Manchester School, 84(1), 1-24.
Homroy, S.. (2015). Are CEOs replaced for poor performance?: effects of takeovers and governance on CEO turnover. Scottish Journal of Political Economy, 62(2), 149-170.
Book Chapters
Homroy, S. Hermes, C.L.M., and Duringer, M. (2023) Green Bonds as a Tool of Green Financing, Routledge Handbook of Green Finance
Xie, L., Scholtens, L.J.R., and Homroy, S. (2023) Public Financial Institutions and Climate Change, Routledge Handbook of Green Finance
Pipeline
Pipeline
Polarized Supply Chains (with Nandini Gupta) DRAFT COMING SOON
Political Polarization and Corporate Political Advocacy (with Shubhashis Gangopadhyay)
Revision Requested
Featured in Financial Times
Presented at Corporate Finance Day 2022, University of Antwerp, University of Gothenburg, University of Strasbourg.
Political Alignment and Investment Performance: Evidence from Venture Capital Markets (with Michelle Lowry and Anahit Mkrtchyan)
Green Washing in Supply Chains? (with Asad Rauf)
Under Review
Featured in LSE Business Review, Vox EU, Oxford Business Law Blog
Presented at AEA 2023, EEA 2023, FMA Europe, SFI-Zurich, BI, IIM-Bangalore, IIM-Kolkata, Univeristy of St Andrews, University of Bristol.
Understanding CEO Activism: Initial Insights and Future Research Directions (with Anya Mkrtchyan and Jason Sandvik)
Under Review
Climate Focus of Public Financial Institutions (with Lina Xie and Bert Scholtens)
Revision Requested, Climate Policy
Work in Progress
Work in Progress
Gender Diversity Goals, Supply Constraints, and the Market for Seasoned Female Directors (with Sudipto Dasgupta and Patricia Boyallian)
Foreign investors in the emerging markets (with Karin Thorburn and Asad Rauf) DRAFT COMING SOON
Labour market mobility (with Vidhi Chhaochharia) DRAFT COMING SOON
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