Sanjay Dhamija  

Specialization
:
Finance and Accounting
Designation
:
Professor
Email
:
sdhamija@imi.edu

Sanjay Dhamija  

  • Fellow Program in Management (IMI-Delhi) 
  • M.Com. (Delhi School of Economics)
  • LL. B (Delhi University)
  • Fellow Member of the Institute of Cost Accountants of India (FCMA)
  • Fellow Member of the Institute of Company Secretaries of India (FCS)
  • Chartered Financial Analyst (CFA-ICFAI)
  • Global Colloquium for Participant Centered Learning (GCPCL) at Harvard Business School, Boston
  • Case Writing Workshop at Harvard Business School, at Shanghai
  • Leadership Develoment Program at Wharton Business School, USA
  • Leadership Development Program at Smith Schhol of Business, USA

Sanjay Dhamija  

38 Years in industry and academics 

Industry :
17 years experience in various organizations of repute including over 10 years in the senior management positions.

  • ABN AMRO Asia Equities (India) Ltd. (Whole time Director and Chief Operating Officer)
  • HSBC Securities and Capital Markets (India) Private Limited (Director-Operations / Financial Controller)
  • Escorts Finance Limited (Company Secretary and Associate Vice President)
  • DCM Shriram Leasing & Finance Limited (Company Secretary)
  • MMTC of India Limited (Deputy Manager Finance and Accounts)
Academics:   21 years experience in teaching, training and research 
  • International Management Institute– August 2009 onwards – Professor 
  • MDI, Gurgaon – March 2005 – August 2009 (Associate Professor)
  • ICFAI Business School, Gurgaon, 2003-05 (Associate Professor)
  • Sri Venketeshawara College, Delhi University, 1985-86, (Lecturer)
Taught course as visiting faculty at IIM Lucknow, Noida Campus. At MDI, held various positions including Chairperson – Continuing Education, Chairperson – Executive PGPM and Chairperson – Finance and Accounting Area. Awarded the best teacher award for `Excellence in Teaching’ at MDI.  At IMI, held positions of Dean (Academics), Dean - Exceutive Education, Chairperson (PGDM), Chairperson- Finance and Accounting Area. Also chaired the Committee for Faculty Development and Evaluation and was member of the Committee for Students Evaluation. Served as member of admission committee, placement commmitee, faculty selection and development committee etc.

Served as a member of the Board of Advanced Studies constituted by the Institute of Cost Accountants of India; a statutory body constituted by an Act of Parliament.

Sanjay Dhamija  

Books 
  1. `Financial Management & Policy’ (12th Edition) with James C Van Horne, 2011, Pearson Education
  2. `Financial Accounting for Managers’ (4th Edition), 2023, Pearson Education 
  3. `Company Law’ with G K Kapoor, (26th Edition) 2024, Taxmann 
  4. `Company Law and Practice’ with G K Kapoor (27th Edition),  2024, Taxmann
  5. 'Company Law and Practice - A Concise Commentary' with A K Majumdar and G K Kapoor, 2014, Taxmann
  6. `Corporate Governance- Conceptual Framework' Module -1, with G K Kapoor, 2015, Taxmann 
  7. 'An Introduction to Derivatives and Risk Management" with Don M Chance, Robert Brooks (10th Edition), Cengage Learning India
  8. 'Company Law (LLB Edition)', with G K Kapoor and Vipan Kumar, 2019, Taxmann
  9. 'Business Law', with G K Kapoor, 2019, Sultan Chand & Sons
  10. 'Businee Law (IP University)', with G K Kapoor, 2020, Sultan Chand & Sons
  11. 'Corporate Laws' with G K Kapoor, 2020, Sultan Chand & Sons
  12.  'Financial Reporting and Analysis' 2020, Sultan Chand & Sons
Case Studies 
  1. `EVA Reporting Practices in the Annual Reports of Indian Companies – A case study of Hindustan Unilever Limited’; The Accounting World, ICFAI University Press, October 2008, pp 17-25. 
  2. `Sona Koyo Steering Systems Limited: Impact of quality improvement in organizational performance’ with Shalini Kalra, GITAM Journal of Management, Vol 8 No 3-99 253-270, Jul-Sep 2010. 
  3. `Financial System Security: Harshad Mehta and the billion dollar scam’ with Preeti Goyal, Asia Case Research Centre, The University of Hong Kong, 10/467C, 2010. The case is also available on Harvard Business School Publishing and European Case House at Cranfield University.  
  4. 'Dividend Policy of Infosys Limited - To Pay or Not to Pay, that is the Question'at the Casecentre, Cranfield University, UK. 2014 (114-081-1)
  5. "Buy-back of Shares by NHPC Limited - Does it Create Value?" at the Casecentre, Cranfiled University, UK, 2015 (115-062-1).
  6. 'Asahi India Glass Limited: Leverage, a Double-edged Sword' co-authored with Prof David Sharp at Ivey Publishing, Ivey Business School at Western University, Canada, 2015 (9B15N018)
  7. 'Corporate Debt Restructuring- A case of Wochhardt Ltd' with Barnali Chaklader, XIMB Journal of Case Research, December 2015, Volume VI, Issue 2, 93-98
  8. 'Statutory Debt Restructing at Gammon India' (2016) at the Casecenter,  Cranfield University,UK (116-0023-1)
  9. 'Fraud at Bank of Baroda - Manage Risk or Manage Crisis' (2016) at Ivey Publishing, Ivey Business School at Western University, Canada (9B16N021)
  10. 'Corporate Governance Failure at Ricoh India - Rebuilding the Lost Trust' (2018), with Sonu Goyal Emerlald Emerging Markets Case Studies, 2018, Volume 8, Issue 3
  11. 'Mindtree Limited - Defense against Hostile Takeover' (2020), Ivey Business School at Western University, Canada (8B20N004)
  12. 'Power Finance Corporation Limited - How to Benefit from Synergies" (2020) with Shikha Bhatia, Ivey Business School at Western University, Canada (9B20No10)
  13. 'Reliance Industries Limited - Accouting for Other Comprehensive Income' (2020) Ivey Business School at Western University, Canada (8B20B009)
  14. 'PVR Limited - CSR, being inclusive, spreading smiles' (2020) Ivey Business School at Western University, Canada (9B20N094).
  15. 'Vedanta Limited - Delisting of Shares" (2020), Ivey Business School at Western University,Canada (9B20N042).
  16. 'Capital Float - Navigating Through Turbulent Times' (2020), with Monika Chopra, The Casecentre, Cranfield University, UK (120-0117-1).
  17. 'Suzlon Energy Limited - Debt Restructuring for Survival, Once Again" (2020) with Shikha Bhatia, The Casecentre, Cranfield University, UK (120-0121-1)
  18. 'Reliance Industries Limited - Deleveraging for Creating Value' (2021) with Reena Nayyar, The Casecentre, Cranfield University, UK (120-0138-1)
  19. 'Client Associated - Managing Wealth in Testing Times' (2022) with Shruti Ashok, The Casecentre Cranfield University, UK (120-0102-1)
  20. 'Lux Industries Limited - A Case of Insider Trading' (2023), with Reena Nayyar,  Emerald Emerging Markets Case Studies, 2023, Volume 13, Issue 1
  21. 'Navigating Through Turbulence: Jet Airways's Acquisition Failure and Recapitalisation Strategy' with Harshika Jain, Emerald Emerging Market Case Studies (2023), Vol 13, Issue 2
  22. 'Hinduja Global Solutions Limited: Rewarding the Shareholders', with Shikha Bhatia, Emerald Emerging Market Case Studies (2023), Vol 13, Issue 3
Chapter in edited book 
  1. `Corporate Governance in Indian Mutual Fund Industry’ published in `Corporate Governance – beyond boundaries’ by Mishra R K, Jhunjhunwala S and Sahay M, Macmillan Advanced Research Series, 2010 (ISBN 10:0230-33204-8).
  2. 'Statutory Debt Restructuring at Gammon India' Handbook of Management Cases (ISBN 978-81-931001-3-4), Times Centre for Learning Limited, 2016, pp 80-92
Book Review: 
  1. `Driving Down Cost: How to Manage and Cut Costs-Intelligently’ by Wileman Andrew, Nicholas Brealey Publication, London 2008, Vision-the Journal of Business Perspective, Vol. 12, No. 4, October-December 2008, pp 84-86. 
  2. `How to choose winning stocks: Rewriting formulas for investment’ by G B R K Prasad, Response Books, 2010.111, Global Business Review 12(1) 2011, pp 175-177 
  3. Management Essentials: A recipe for Business Success’ by Arindam Banerjee, SAGE Response, 2013, 141, Global Business Review 15, 4S (2014): 107S-127S.
Research Papers 
  1. `Limited Liability Partnership’, The Chartered Accountants Students, 2006 Volume 10 No.1, June 2006, pp 15-17. 
  2. `Responsible Business Guidelines – Adoption and Reporting by Companies’, with Prof G K Kapoor, SEBI and Corporate Laws, 2013, Volume 118, Issue 4, April 15 2013, pp 157-179 (ISSN:0972-818X) 
  3. `The Long Term Performance of Graded IPOs in the Indian Capital Market’ with Prof R K Arora, Global Business Review, June 2014 15: 317-337,
  4. `Whistleblower Policy – Time to Make it Mandatory’, Global Business Review, December 2014 15(4): 833-846. 
  5. `Voluntary Disclosure of Financial Ratios in India', with Prof Meena Bhatia South Asian Journal of Management, January-March 2015 Vol 22(1): 28-49.
  6. 'Determinants of Long-run Performance of Initial Public Offerings: Evidence from India' with R K Arora, Vision, 2017, 21(1), 35-45.
  7. 'Impact of Qulaity Certification on IPO Underpricing: Evidence from India', with R K Arora, Global Business Review, 2017 18(2), 428-444
  8. 'Role of Retaliation and Value Orientation in Whistleblowing Intentions' with Snigdha Rai, Asian Journal of Business Ethics, June 2018, Volume 7, Issue 1, 37-52.
  9. 'Mandatory CSR Spending - India Experience' with G K Kapoor, Emerging Economies Studies, Sage Publications, May 2017, 3.1, 98-112
  10. 'Impact of Dividend Tax Change on Payout Policy of Indian Companies' with R K Arora, Global Business Review, 2019, 20(5), 1282-1292 
  11. 'Analysing the Likelihood and Market Reaction to Reverse Stock Splits in India' with Reena Nayyar and Chhavi Mehta, Global Business Review, https://doi.org/10.1177/09721509231189916

Sanjay Dhamija  

Conferences
  1. Conference Chair for `International Conference on Banking and Finance’ jointly organized with ESCP from 13th-15th December 2012 at New Delhi.
  2. Presented paper titled `Corporate Governance in Indian Mutual Fund Industry’ at the Second International Conference on Corporate Governance organized by the Institute of Public Enterprises and Waikato Management School, New Zealand at Hyderabad on 10th December 2010.
  3. Presented case study ' Dividend Policy of Infosys Limited - To pay or not to pay, that is the question' at the 40th Anniversary Case Conference of the Case Centre, UK at IIM-Bangalore from 8-9 September 2014
  4. Presented case study `NHPC Limited: Buy Back of Shares for Creating Value at International Case Conference at IBS Hyderbad
  5. Presented case study `Statutory Debt Restructuring at Gammon India Limited' at Global Case Research Conference at IIM-Raipur, 2016

Sanjay Dhamija  

  • Participated in the Global Colloquium on Participant Centered Learning Program organized by the Harvard Business School at Boston
  • Participated in the “Case Writing Workshop” organized by the Harvard Business School at Shanghai
  • Attended `Strategic Leadership Programs’ at the University of Maryland, USA and Wharton Business School, USA