Gurupdesh Pandher, Ph.D. Professor, Finance gpandher@uwindsor.ca 519-253-3000 ext. 5077 Office: OB 509
Education
- Ph.D. Cornell University, Ithaca, NY, Financial Economics, 1999.
- M.S. University of Waterloo, Canada, Mathematics, 1989.
- B.Sc. Bachelor of Science, University of British Columbia, Vancouver, Computer Science, 1986.
Employment Experience
- Professor, Odette School of Business, University of Windsor (September, 2012 - Present)
- Senior Associate Dean - Academic, and Professor (Finance), Odette School of Business, University of Windsor (July, 2012 - June, 2017)
- Associate Professor, University of British Columbia (January, 2007 - June, 2012), Vancouver.
- Visiting Associate Professor, Hong Kong University of Science and Technology (May, 2011)
- Visiting Associate Professor, University of Hong Kong (July 2010, 2011, 2012, 2013)
- Associate Professor (Finance), DePaul University (January, 2006 - December, 2007), Chicago.
- Senior Quantitative Consultant, FinancialCad Corporation (May, 2006 - August, 2006), Vancouver.
- Assistant Professor (Finance), DePaul University (January, 1999 - December, 2006), Chicago.
- Economist, International Monetary Fund & World Bank (May, 1966 - August, 1997), Washington.
- Methodologist, Statistics Canada (January, 1991 - December, 1995), Ottawa.
- Actuarial Analyst, Sunlife Insurance Company (January, 1990 - December, 1991), Toronto.
Honours and Awards
- 1992: Employee Recognition Award, Statistics Canada.
INTELLECTUAL CONTRIBUTIONS
Journal Articles
- Pandher, G. (2018). Financier search and boundaries of the Angel and VC Markets. Entrepreneurship: Theory & Practice, http://doi.org/10.1177/1042258718780476.
- Pandher, G., Mutlu, S., & Samnani, A. (2017). Employee-based innovation in organizations: Overcoming strategic risks from opportunism and governance. Strategic Entrepreneurship Journal, 11 (4), http://doi.org/10.1002/sej.1252.
- Pandher, G., & Vu, J. D. (2017). Divisional managers' compensation to maximize spillovers and cooperation. International Review of Economics and Finance, http://doi.org/10.1016/j.iref.2017.07.028.
- Oxley, J., & Pandher, G. (2015). Equity-based incentives and collaboration in the modern multibusiness firm. Strategic Management Journal, 37, 1379-1394, http://doi.org/10.1002/smj.2392.
- Currie, R., Wesley, F., & Pandher, G. S. (2013). Contextualising Site Factors for Feasibility Analysis. Journal of Environmental Planning and Management, 57 (10), 1484-1496, http://doi.org/10.1080/09640568.2013.815606.
- Pandher, G., & Currie, R. (2013). CEO Compensation: A Resource Advantage and Stakeholder-Bargaining Perspective. Strategic Management Journal, 34 (1), 22-41, http://doi.org/10.1002/smj.1995.
- Currie, R., & Pandher, G. (2012). Management Education Journals' Rank and Tier by Active Scholars. Academy of Management, Learning and Education, 12 (2), 194-218.
- Pandher, G., & Currie, R. (2011). Finance Journal Rankings & Tiers: an active scholar assessment methodology. Journal of Banking & Finance, 35 (1), 7-20, http://doi.org/10.1016/j.jbankfin.2010.07.034.
- Miller, N., & Pandher, G. (2008). Idiosyncratic Volatility and the Housing Market. Journal of Housing Research, 17 (1), 13-32, http://doi.org/10.5555/jhor.17.1.9555225v12532701.
- Pandher, G. (2007). Modelling and Controlling Monetary and Economic Identities with Constrained State Space Models. International Statistical Review, 75 (2), 150-169, http://doi.org/10.1111/j.1751-5823.2007.00012.x.
- Pandher, G. (2007). Regression-based Modeling of Market Option Prices: with Application to S&P500 Options. Journal of Forecasting, 26 (7), 475-496, http://doi.org/10.1002/for.1035.
- Pandher, G. (2007). Arbitrage-free Valuation of Interest Rate Securities under Forward Curves with Stochastic Speed and Acceleration. Journal of Economic Theory, 137 (2007), 432-459, http://doi.org/10.1016/j.jet.2006.12.003.
- Cannon, S., Miller, N., & Pandher, G. (2006). Risk and Return in the U.S. Housing Market: A Cross-sectional Asset-pricing approach. Real Estate Economics, 34 (4), 519-552, http://doi.org/10.1111/j.1540-6229.2006.00177.x.
- Pandher, G. (2003). Valuation of Stock Option Grants under Multiple Severance Risks. Journal of Derivatives, The, 11 (2), 25-37, http://doi.org/10.3905/jod.2003.319215.
- Pandher, G. (2002). Forecasting multivariate time series with linear restrictions using constrained structural state-space models. Journal of Forecasting, 21 (4), 281-300, http://doi.org/10.1002/for.830.
- Pandher, G. (2001). Estimation of excess returns from derivative prices and testing for risk-neutral pricing. Econometric Theory, 17 (4), 785-819.
- Pandher, G. (2000). Drift estimation of generalized security price processes from high frequency derivative prices. Review of Derivatives Research, 4 (3), 263-284.
- Pandher, G. (1996). Skewed Survey Populations: Optimal sample redesign under the Generalized Regression Estimator with application to Government Finance Survey. Survey Methodology, 22, 13-22.
Presentations
- Pandher, G. (2018, May). Financier search and boundaries of the Angel and VC Markets. University of Maryland, Department of Finance, College Park, Maryland.
- Pandher, G. (2016, September). Entrepreneurial Finance: Equity division & expected investment returns with risk-averse financiers and search by entrepreneurs. Department of Economics, University of Victoria.
- Pandher, G. (2016, March). Is CEO compensation efficient for maximizing shareholder returns? Molson School of Business, Concordia University, Montreal.
- Pandher, G. (2014, October). Employee-based innovation in organizations: Overcoming strategic risks from opportunism and governance. Goodman School of Business, Brock University, St. Catherines.
- Pandher, G. & Mutlu, S. (2014, October). Employee-driven Innovation: Incentives, Governance and Strategic Risks. Goodman School of Business, Brock University, St.Catherines.
- Pandher, G. (2014, July). Plenary Seminar. Symposium on Strategic Management and Organization Development, Sun Yat Sen University, Hong Kong.
- Pandher, G. (2014, June). Employee-based innovation in organizations: Overcoming strategic risks from opportunism and governance. DeGroote School of Business, McMaster University, Hamilton.
- Pandher, G. (2014, June). Employee-driven Innovation: Incentives, Governance and Strategic Risks. DeGroote School of Business, McMaster University, Hamilton.
- Pandher, G. (2014, March). Incentives to overcome strategic risks to employee-based innovation in organizations. Ted Rogers School of Management, Ryerson University, Toronto.
- Pandher, G. (2013, January). Incentives to overcome strategic risks to employee-based innovation in organizations. University of Windsor Department of Economics, Windsor.
- Pandher, G. (2012, October). Agency alignment & CEO compensation: The importance of balancing equity & cash incentives. University of Windsor Odette School of Business Seminar.
Grants (Competitive; Funded only)
- 2016-2018: Pandher, G. Entrepreneurial Finance: Expected Investment Returns & Equity Division in Angel and Venture Capitalist Deals ($49,281), SSHRC Insight Development Grant.
- 2013-2014: Pandher, G. Location Problem with Border Disruption Risk ($15,406), FEDDEV/Cross-Border Transportation Centre (CBTC), University of Windsor.
- 2013-2015: Pandher, G. Risk management in the Canadian automotive sector ($24,300), FEDDEV/Cross-Border Transportation Centre (CBTC), University of Windsor.
- 2012-2015: Pandher, G. Optimal Equity & Cash Managerial Incentives in Multidivisional Firms with Cross-divisional Spillovers ($30,813), SSHRC.
- 2010: Pandher, G. Competitive Faculty Research Award ($10,000), University of British Columbia Faculty of Management.
- 2006: Pandher, G. Competitive Faculty Research Award ($15,000), DePaul University College of Commerce.
- 2005: Pandher, G. Competitive Faculty Research Award ($15,000), DePaul University College of Commerce.
- 2004: Pandher, G. DePaul Real Estate Center Award ($15,000), DePaul University College of Commerce.
- 2003: Pandher, G. Competitive Faculty Research Award ($15,000), DePaul University College of Commerce.
- 1995: Pandher, G. University Research Council grant ($3,000), DePaul University College of Commerce.