Dr.Venkata Mrudula Bhimavarapu

@siu.edu.in

Assistant Professor - Symbiosis School of Banking and Finance
Symbiosis International (Deemed University)

Dr.Venkata Mrudula Bhimavarapu


               Download Compact PDF  
https://researchid.co/drmrudulabhimavarapu

EDUCATION

MBA (Finance and Marketing – Gold Medalist, Uni-versity Topper), M.Phil., PhD.

RESEARCH INTERESTS

• Transparency and Disclosures
• Corporate Governance
• Shareholder Activism
• Environmental, Social and Gov-ernance
• Financial Inclusion
• BFSI sector
33

Scopus Publications

Scopus Publications

  • A scientometric exploration of global research and evolving themes on the sustainable development goals
    Eliza Sharma, Venkata Mrudula Bhimavarapu
    Discover Sustainability, 2025
    The Sustainable Development Goals (SDGs), established by the United Nations in 2015, have rapidly become a global framework guiding academic, institutional, and policy-level efforts toward sustainable development. As the SDG discourse gains momentum in scholarly literature, understanding the structural landscape of this research becomes essential. This study conducts a comprehensive scientometric analysis of 5,984 SDG-related publications indexed in Scopus, employing tools such as VOS viewer and Biblioshiny (R) to visualize and interpret research trends. The analysis reveals dominant SDGs such as SDG 3 (Good Health), SDG 4 (Education), and SDG 13 (Climate Action), a skewed geographic distribution favoring high-income countries, and strong disciplinary clusters around environmental science and public health. Thematic mapping and keyword co-occurrence also highlight emerging concepts like circular economy and post-COVID resilience. Despite the volume of research, notable gaps persist in terms of goal-specific imbalance, limited representation from low and middle-income regions, and insufficient cross-SDG integration. The findings offer actionable insights for researchers, fund providers, and policymakers seeking to align academic contributions with the holistic vision of the 2030 Agenda. The study contributes by providing an updated, visual, and empirical overview of SDG research output, collaboration patterns, and thematic evolution, with implications for fostering a more inclusive and balanced sustainability research ecosystem. The study not only advances methodological knowledge but also provides actionable implications for practice and policy. Findings can guide research funders in addressing underrepresented SDGs, policymakers in balancing regional inequities, and universities in aligning curricula with sustainability priorities.
  • Exposition beyond EKC theory and the impact of the growth on the environment: do developed and democratic countries matter?
    Jagjeevan Kanoujiya, Shailesh Rastogi, Venkata Mrudula Bhimavarapu
    Discover Sustainability, 2025
    This study aims to determine the impact of growth on the environment. In addition, this study also explores how developed countries and democratic nations influence this impact.The measure of the environment undertaken in the study is environmental efficiency (EE) using Data envelopment analysis (DEA). The quantile panel data regression is applied to determine the impact of GDPC (Gross Domestic Per Capita) on the EE. Both developed economic status and democracies are applied as having an interaction effect on the impact of GDPC on the EE. The clean data applied in this study is hand-picked for 106 countries with ten years (2012–2021). It is found thata country with high EE will be able to adhere to the EKC theory, and beyond the threshold level of GDPC, it will cause less damage to environment. Moreover, only high EE countries (irrespective of developed or non-developed) would stick to EKC theory. In contrast, a developed country with low or moderate EE will damage environment more than a similar developing country. Furthermore, a democratic country always reduces environmental degradation irrespective of EE levels.
  • Impact of bank’s liquidity on financial distress of Indian banks under the influence of profitability and competition
    Jagjeevan Kanoujiya, Aman Pushp, Shailesh Rastogi, Venkata Mrudula Bhimavarapu
    Humanities and Social Sciences Communications, 2025
    A bank’s capability to have sound liquidity and financial health is essential for smooth business operations. Hence, this study’s aim is to estimate the liquidity’s impact on bank’s financial distress in India. Altman Z-score as the measure of financial distress is taken for the study. A panel data econometrics is performed to a sample of 24 banks in India from 2012-2022. Here, banks are panel units with 13 years of time dimensions. All diagnostic tests are performed to ensure the appropriateness of the model development. This study finds that a bank’s liquidity positively affects a bank’s financial distress (FD) or lowers the financial stability in a linear establishment. It is further observed in the non-linear establishment that two variables (liquidity and FD) have a significant connection with a U-curved association. It implies that liquidity is beneficial for reducing FD but only helps banks to a certain extent; after that, it increases FD or reduces financial stability, as found in linear association. It is also found that profitability and competition as moderators lower the liquidity and financial stability connection association. It also means liquidity enhances a bank’s FD if profitability and competition are higher. The current findings deliver policy and management implications to all stakeholders. It indicates liquidity is one of the key elements for a bank’s financial soundness. However, if liquidity does not gain competitive advantage (or market power) and profitability benefits, it can not improve a bank’s financial soundness. Hence, liquidity should be taken very critically for banking decisions. A few studies in the literature talk about liquidity’s connection with FD. This study looks at the relation between liquidity and FD comprehensively. It investigates linear and non-linear links between them. In addition, it also looks for the influence of profitability and competition on their association. We believe no other study has been conducted to determine the liquidity and FD connection in the manner this study is done to give a comprehensive view by exploring different scenarios.
  • Does financial distress induce companies to restructure their financing mix?
    Aashi Rawal, Venkata Mrudula Bhimavarapu, Anureet Virk Sidhu, Shailesh Rastogi
    Journal of Economic and Administrative Sciences, 2025
    PurposeDistressed companies create panic among investors. The overall effect comes on the economy and leads to a degraded image and value of all the companies operating in a country. These distressing situations are harmful to the efficient development of a country in process of development. Financial distress (FD) is when a company or individual cannot promise to pay their obligations on time. Therefore, to analyze the threatening impacts of FD, the current study aims to reveal the impact of FD on the debt ratio (proxy of capital structure) of firms working in India.Design/methodology/approachPanel data analysis (PDA) has been used in the current study to analyze the data and generate novel results. The authors have considered the secondary data of firms present in the S&P BSE 100 index for ten financial years, i.e. 2010 to 2019.FindingsThis study has established that FD has no significant impact on the firm's capital structure. In addition, it has also been proved that asset size, learner's index, market capitalization and operating profit margin (OPM) have no interacting impact on the association between FD and the capital mix of firms.Originality/valueAs per the authors’ observation, no such study has been conducted till now that involves finding out the moderating impact of four different but significant factors of the business environment (assets size, learner's index, market capitalization and OPM) on the association between FD and capital structure of companies operating in a such an extensive and diverse economy.
  • Bridging Financial and Operational Gaps in Supply Chain Finance: An Information Processing Theory Perspective
    D. Divya, Rebecca Abraham, Venkata Mrudula Bhimavarapu, O. N. Arunkumar
    Journal of Risk and Financial Management, 2025
    This paper explores the integration of financial and operational flows in Supply Chain Finance (SCF) through the lens of Information Processing Theory (IPT). Despite increasing adoption of SCF solutions like reverse factoring and trade credit, existing literature lacks a unified theoretical framework that captures both financial and organizational complexities. Drawing from 47 peer-reviewed articles in leading supply chain journals, this study identifies key SCF dimensions—task characteristics, environment, and interdependence—as primary sources of uncertainty and information processing needs. It then examines how IT systems, coordination mechanisms, and organizational design enhance processing capacity, enabling firms to build SCF capabilities such as risk assessment, supplier onboarding, and financial process standardization. These capabilities facilitate financial supply chain integration through data connectivity, embedded flows, and collaborative planning. The study contributes a comprehensive conceptual model that connects SCF uncertainties, processing strategies, and performance outcomes, addressing theoretical and managerial gaps. It further provides a foundation for future empirical research and strategic design of SCF systems to enhance supply chain resilience and financial efficiency.
  • The Impact of Audit Committee Oversight on Investor Rationality, Price Expectations, Human Capital, and Research and Development Expense
    Rebecca Abraham, Venkata Mrudula Bhimavarapu, Hani El-Chaarani
    Journal of Risk and Financial Management, 2025
    Audit committees monitor the actions of managers as they pursue the goal of shareholder wealth maximization. The purpose of this study is to measure the impact of audit committee oversight on novel aspects of firm performance, including investor rationality, price expectations, human capital, and research and development expenses. It extends the literature to non-financial outcomes of audit committee oversight. The literature thus far has focused on the financial effects of audit committee oversight, such as return on assets, return on equity, risk, debt capacity, and firm value. Data was collected from 588 publicly traded firms in the U.S. pharmaceutical industry and energy industry from 2010 to 2022. Audit oversight was measured by the novel measurement of the frequency of the term ‘audit committee’ in annual reports and Form 10Ks from the SeekEdgar database. COMPUSTAT provided the remainder of the data. Panel Data fixed-effects models were used to analyze the data. Audit committee oversight significantly increased investor rationality, significantly reduced price expectations, and significantly increased human capital investment. An inverted U-shaped relationship occurred for audit committee oversight and research and development expenses, with audit oversight first increasing research and development expenses, then decreasing them. The study makes several contributions. First, the study uses a novel measure of audit oversight. Second, the study predicts the effect of audit committee oversight on unexplored non-financial measures, such as human capital and research and development expense. Third, the study offers a current test of the Miller model, as the last tests were performed over 20 years ago. Fourth, the study examines the impact of auditing on market measures that have not been explored in the literature, such as investor rationality and short selling.
  • Impact of transparency and disclosure (T&D) and financial distress (FD) on the valuation of banks in India
    Aashi Rawal, Shailesh Rastogi, Jagjeevan Kanoujiya, Venkata Mrudula Bhimavarapu
    Journal of Economic and Administrative Sciences, 2025
    PurposeThe authors have attempted to reveal the impact that transparency and disclosure (T&D) and financial distress (FD) have on the valuation of banks working in India. T&D involves disclosing the firm's operational and financial performance and corporate governance practices. FD is a position in which a company or individual is not in a condition to fulfill their promise of paying their obligations on time.Design/methodology/approachIn this study, the authors have used panel data analysis (PDA) and secondary data of 34 banks working in the Indian banking sector for four financial years, i.e. 2016 to 2019.FindingsThis study has established that FD and T&D have a positive and significant impact on the valuation of firms. The authors also find evidence that T&D significantly impacts the value of firms under the influence of FD.Practical implicationsThe present study implies that it will help firms realize how significantly the transparency level and disclosure policies impact their value in the market. Firms can understand how badly distressing situations can impact the company's whole image. This learning will encourage them to start managing their money and debts efficiently.Originality/valueThe authors study has considered T&D as an independent variable and FD as a moderating variable to find the interacting impact of T&D and FD on the valuation of banks working in India. No such study has come to the authors' knowledge that has established such a relationship of variables in the study.
  • Impact of transparency and disclosure index on the performance and valuation of non-financial firms in india
    Finance India, 2024
  • Understanding and Forecasting of Credit Defaulters Using R-Programming
    Journal of Statistics Applications and Probability, 2023
  • Banks in India: A Balancing Act Between Profitability, Regulation and NPA
    Jagjeevan Kanoujiya, Venkata Mrudula Bhimavarapu, Shailesh Rastogi
    Vision, 2023
    Banks are facing varied issues worldwide. The existing set of performance measures of banks lack a cohesive and concerted approach for adequate fulfilment of the purpose. This study proposes a holistic view of the bank performance, which includes profitability, risk-taking (non-performing asset [NPA]), and regulation. It has been observed that Indian banks fare miserably in this litmus test of comprehensive performance measure. The meanest of the expectation that NPA should be affected by the regulatory mechanism is found surprisingly missing in the Indian banks. The existing literature has not taken a holistic view of bank performance, and therefore, the findings of this study provide enough impetus to all the stakeholders of the banks to respond. Policy makers and regulatory bodies can redirect both the banking governance and regulation so that the basic tenet of comprehensive bank performance expectations, as raised in this study, are met reasonably.
  • Impact of Liquidity on the Efficiency of Banks in India Using Panel Data Analysis
    Anureet Virk Sidhu, Rebecca Abraham, Venkata Mrudula Bhimavarapu, Jagjeevan Kanoujiya, Shailesh Rastogi
    Journal of Risk and Financial Management, 2023
  • Impact of Leverage on Valuation of Non-Financial Firms in India under Profitability’s Moderating Effect: Evidence in Scenarios Applying Quantile Regression
    Jagjeevan Kanoujiya, Pooja Jain, Souvik Banerjee, Rameesha Kalra, Shailesh Rastogi, Venkata Mrudula Bhimavarapu
    Journal of Risk and Financial Management, 2023
  • Does Competition Affect Financial Distress of Non-Financial Firms in India: A Comparison Using the Lerner Index and Boone Indicator
    Jagjeevan Kanoujiya, Shailesh Rastogi, Rebecca Abraham, Venkata Mrudula Bhimavarapu
    Journal of Risk and Financial Management, 2023
  • A Bibliometric Study on Corporate Transparency and Disclosures
    Venkata Mrudula Bhimavarapu, Shailesh Rastogi, Preeti Mulay
    Fiib Business Review, 2023
  • Impact of Financial Inclusion on India’s Economic Development under the Moderating Effect of Internet Subscribers
    Aman Pushp, Rahul Singh Gautam, Vikas Tripathi, Jagjeevan Kanoujiya, Shailesh Rastogi, Venkata Mrudula Bhimavarapu, Neha Parashar
    Journal of Risk and Financial Management, 2023
  • Transparency and Disclosure and Financial Distress of Non-Financial Firms in India under Competition: Investors’ Perspective
    Jagjeevan Kanoujiya, Rebecca Abraham, Shailesh Rastogi, Venkata Mrudula Bhimavarapu
    Journal of Risk and Financial Management, 2023
  • The Influence of Cash Ownership on Financial Performance: An Examination of Disruptors and Acquirers
    Rebecca Abraham, Venkata Mrudula Bhimavarapu, Zhi Tao, Shailesh Rastogi
    Journal of Risk and Financial Management, 2023
  • Impact of Environmental, Social, and Governance Activities on the Financial Performance of Indian Health Care Sector Firms: Using Competition as a Moderator
    Bhakti Agarwal, Rahul Singh Gautam, Pooja Jain, Shailesh Rastogi, Venkata Mrudula Bhimavarapu, Saumya Singh
    Journal of Risk and Financial Management, 2023
  • Corporate Social Responsibility Funding and Its Impact on India’s Sustainable Development: Using the Poverty Score as a Moderator
    Rahul Singh Gautam, Venkata Mrudula Bhimavarapu, Shailesh Rastogi, Jyoti Mehndiratta Kappal, Hitesh Patole, Aman Pushp
    Journal of Risk and Financial Management, 2023
  • Impact of Financial Distress on the Dividend Policy of Banks in India
    Anureet Virk Sidhu, Pooja Jain, Satyendra Pratap Singh, Jagjeevan Kanoujiya, Aashi Rawal, Shailesh Rastogi, Venkata Mrudula Bhimavarapu
    Journal of Risk and Financial Management, 2023
  • Ownership concentration and its influence on transparency and disclosures of banks in India
    Venkata Mrudula Bhimavarapu, Shailesh Rastogi, Jagjeevan Kanoujiya
    Corporate Governance Bingley, 2023
  • Ownership Concentration and its Impact on Transparency and Disclosures of Listed Firms in BSE
    Finance India, 2022
  • The Influence of Transparency and Disclosure on the Valuation of Banks in India: The Moderating Effect of Environmental, Social, and Governance Variables, Shareholder Activism, and Market Power
    Venkata Mrudula Bhimavarapu, Shailesh Rastogi, Rebecca Abraham
    Journal of Risk and Financial Management, 2022
  • Does the Impact of Transparency and Disclosure on the Firm’s Valuation Depend on the ESG?
    Venkata Mrudula Bhimavarapu, Shailesh Rastogi, Rajani Gupte, Geetanjali Pinto, Sudam Shingade
    Journal of Risk and Financial Management, 2022
  • Financial Technology and Its Impact on Digital Literacy in India: Using Poverty as a Moderating Variable
    Rahul Singh Gautam, Shailesh Rastogi, Aashi Rawal, Venkata Mrudula Bhimavarapu, Jagjeevan Kanoujiya, Samaksh Rastogi
    Journal of Risk and Financial Management, 2022
  • Impact of Liquidity Coverage Ratio on Performance of Select Indian Banks
    Anureet Virk Sidhu, Shailesh Rastogi, Rajani Gupte, Venkata Mrudula Bhimavarapu
    Journal of Risk and Financial Management, 2022
  • Shareholder Activism and Its Impact on Profitability, Return, and Valuation of the Firms in India
    Sudam Shingade, Shailesh Rastogi, Venkata Mrudula Bhimavarapu, Abhijit Chirputkar
    Journal of Risk and Financial Management, 2022
  • Competition and distress in banks in India: An application of panel data
    Jagjeevan Kanoujiya, Shailesh Rastogi, Venkata Mrudula Bhimavarapu
    Cogent Economics and Finance, 2022
  • Impact of Transparency and Disclosure on Financial Distress: Considering Inventory as Moderator
    Rahul Singh Gautam, Jagjeevan Kanoujiya, Venkata Mrudula Bhimavarapu, Shailesh Rastogi
    2022 IEEE International Conference on Blockchain Smart Healthcare and Emerging Technologies Smartblock4health 2022, 2022
  • Economic Growth Opportunities with Promotion of Financial Inclusion in Digital India
    Aniket Gupta, Shailesh Rastogi, Venkata Mrudula Bhimavarapu, Rahul Singh Gautam
    2022 IEEE International Humanitarian Technology Conference Ihtc 2022, 2022
  • Financial technology and its influence on India's sustainable development
    Rahul Singh Gautam, Shailesh Rastogi, Venkata Mrudula Bhimavarapu, Aashi Rawal
    IEEE Region 10 Humanitarian Technology Conference R10 Htc, 2022
  • Impact of Research and Development on The Gdp Growth Rate of Nations: Evidence Using Panel Data
    Darshan Gaidhani, Nishant Nair, Saniket Jadhav, Shailesh Rastogi, Venkata Mrudula Bhimavarapu
    Icbir 2022 2022 7th International Conference on Business and Industrial Research Proceedings, 2022
  • Unified Payment Interface (UPI): A digital innovation and its impact on financial inclusion and economic development
    Shailesh Rastogi, Chetan Panse, Arpita Sharma, Venkata Mrudula Bhimavarapu
    Universal Journal of Accounting and Finance, 2021