Management Institute

Prof. Deepakkumar Jaykrishna Danak

Prof. Deepakkumar Jaykrishna Danak


Total Experience 35 Year
Educational Qualification M.Com, PhD
Research Area Capital Markets, Shareholder Value Creation
General information
Designation Professor
Office Phone 079-30642625
Cabin No IMNU, Ground Floor, Faculty Wing-C
Email danak@nirmauni.ac.in

Prof. Deepak Danak has been in academics for more than three decades. Before joining the Institute in 2002, he had held various positions in different universities. During his association with the Nirma University, he has worked as Chairman - Economics & Finance Area, Chairman - Executive Education Centre and Chairman - Executive Club of Ahmedabad.
He has participated in several national and international conferences and presented research papers. He has also got a few papers published in national and international journals. He has conducted several Management Development Programmes, including In-house MDPs for Zydus Cadila, Gujarat Mineral Development Corporation, Nirma Limited, IPCL, Mundra Port & SEZ, Intas Pharma, Indian Air Force, and GSFC.
He was awarded UGC Fellowship for M. Phil. Studies, and UGC Fellowship for Ph. D. Studies. He was also awarded the CRMS Fellowship by IIM (A) for undergoing its Faculty Development Programme.
He is into research for twenty eight years. His current research interests are capital markets and value creation.


Current Activities : Teaching, Research
Experience
Teaching 35 Year 11 Month
Industry -
Contact
Website -
Blog http://drm-danak.blogspot.in; http://fmus-danak.blogspot.in/
Membership 1. AIMS International

Specialization
Specialization Areas Financial Management, Risk Management
Subject Taught UG Accounting, Financial Management
Subject Taught PG Financial Management, Investment and Portfolio Management, Derivatives and Risk Management, Financial Modelling Using Spreadsheets, Management Control Systems, Project Management

Hobbies
Reading

Prof. Deepakkumar Jaykrishna Danak - Achievements


TitleDescriptionAchieved On
Best Paper Award A paper entitled "A Study of Size Effect on the Returns in the Indian Stock Market" that was jointly authored with our MBA student Nikita Agarwal was given 2nd prize under the Best Paper Award in NICOM 2014 organised by IMNU. January 2014
Awarded CRMS Fellowship by IIM (A) for undergoing FDP   1991
Awarded UGC Fellowship for Ph. D. Studies   1990
Awarded UGC Fellowship for M. Phil. Studies   1986

Prof. Deepakkumar Jaykrishna Danak - Experience


Institute / OrganizationDesignationDuration
Institute of Management, Nirma UniversityProfessor November 2002 To till date
V. M. Patel Institute of Management, Ganpat Vidyanagar, Mehsana, GujaratProfessor & Director July 2001 To November 2002
Dept. of Business Management, Bhavnagar University, Bhavnagar, GujaratProfessor & Head July 1997 To July 2001
G. H. Patel Institute of Business Management (MBA Department), Sardar Patel University, Vallbh Vidyanagar, GujaratReader (General Management) January 1995 To July 1997
B. J. Vanijya Mahavidyalaya, Vallbh Vidyanagar, GujaratLecturer in Accounting, Management and Commerce June 1978 To January 1995

Prof. Deepakkumar Jaykrishna Danak - Publication


 

Book Chapter

TitleISSN / ISBN No PublisherVolumeYear
Motivational Impact of Employee Stock Options on Financial performance of Companies: A Study of Banking Industry in India 978- 93- 84869- 07-6Excel Books 2015

Case Study

TitleISSN / ISBN No PublisherVolumeYear
NIMBA Enterprise (A)  European Case Clearing HouseCase No. 113-018-12013
NIMBA Enterprise (B)  European Case Clearing HouseCase No. 113-019-12013

International Conference

TitleISSN / ISBN No PublisherVolumeYear
Impact of Research & Development Expenditure on Value Creation for Shareholders: A Study of Pharmaceutical Industry in India  Excel India 2016
A Study of Size Effect on the Returns in the Indian Stock Market  NICOM 2014, Institute of Management, Nirma University, Ahmedabad 2014
An Inquiry into Efficiency of Financial Futures Market in India  NICOM 2014, Institute of Management, Nirma University, Ahmedabad 2014
Financial Market Failure or Triumphs of Speculative Market?  NICOM 2012, Institute of Management, Nirma University, Ahmedabad 2012
From Market Efficiency to Market Effectiveness  AIMS International 2012
Addressing the Challenges of Management Education in 2020: Four ‘S’ Framework”  AIMS International 2011
Designing Management Control System for Creating Value through Real Options  NICOM 2011, Institute of Management, Nirma University, Ahmedabad 2011
What does the Indian Capital Market Hail: The Top Line or the Bottom Line?  NICOM 2010, Institute of Management, Nirma University, Ahmedabad 2010
From Result Oriented Management to Process Oriented Management  AIMS International 2008
Perspectives and Paradigms of Enterprise Effectiveness: An Analysis and Synthesis  NICOM 2007, Institute of Management, Nirma University, Ahmedabad 2007
Human Resource Accounting: A Market Valuation Perspective  NICOM 2005, Institute of Management, Nirma University, Ahmedabad 2005
Value Based Management: A Key to Sustainable Development of Business  NICOM 2004, Institute of Management, Nirma University, Ahmedabad 2004
Value Relevance of Contingent Liabilities: A Study of Pharmaceutical Industry in India  Excel India  

International Journal

TitleISSN / ISBN No PublisherVolumeYear
Shareholder Response to Research & Development Expenditure: A Study of Pharmaceutical Industry 1939-7011AIMS InternationalVolume 11, Number 1, pp. 35-482017
The Divine Side of Enterprise 0971-6858Management Centre for Human Values, Indian Institute of Management, Calcutta, published by Sage PublJournal of Human Values, Vol. 16, Number 1, April2010

National Conference

TitleISSN / ISBN No PublisherVolumeYear
An Inquiry into Value Creation by Petroleum Sector in India  ICOMPS-2010, School of Petroleum Management, Pandit Deendayal Petroleum University, Gandhinagar 2010
Chemistry of losses in city bus transport undertakings in India’  Published in the Conference Proceedings of Third National Conference on Transport Systems Studies: A 1993

National Journal

TitleISSN / ISBN No PublisherVolumeYear
Design Issues in Management Control Systems: A Systems Framework 1 & 2Institute of Management, Nirma University, Ahmedabad82015
A Study of Size Effect on the Returns in the Indian Stock Market 2249-56303 & $82015
Exploring the Dominant Factor of Share Valuation: A Study of Selected Industries in India  Nirma University Journal of Business and Management StudiesVol. 42010
Management of Educational Organisations  Association of Indian UniversitiesUniversity News, Vol 39 No 23, June 4-10, 20012001

Prof. Deepakkumar Jaykrishna Danak - Qualification


QualificationSpecializationUniversityPassing Year%Class
Ph.D. Management Accounting Saurashtra University, Rajkot, Gujarat Dept. of Commerce April 1993   
M.Phil Accounting Gujarat University, Ahmedabad, Gujarat S. D. School of Commerce May 1986  First
M.Com Accounting Sardar Patel University, Vallabh Vidyanagar, Gujarat Dept. of Business Studies May 1978 78.00-NA-

Prof. Deepakkumar Jaykrishna Danak - Activity


Activity TypeActivity TitlePlaceDateFaculty Role
In-House Training Programme Development and Assessment of CAPEX Proposal MPSEZ, Mundra08/04/2008Programme Coordinator
In-House Training Programme Supervisory DEvelopment IPCL, Vadodara Programme Coordinator
In-House Training Programme Finance for Non-finance Executives IMNU, Ahmedabad Programme Coordinator
Management Development Programme Value Creation through Financial Decision Making IMNU, Ahmedabad Programme Coordinator
Management Development Programme Value Creation through Financial Decision Making IMNU, Ahmedabad Programme Coordinator
Management Development Programme Value Creation through Financial Decision Making IMNU, Ahmedabad Programme Coordinator
Management Development Programme Value Creation through Financial Decision Making IMNU, Ahmedabad Programme Coordinator
Management Development Programme Finance for Non-finance Executives IMNU, Ahmedabad Programme Coordinator
Management Development Programme Finance for Non-finance Executives IMNU, Ahmedabad Programme Coordinator
Management Development Programme Finance for Non-finance Executives IMNU, Ahmedabad Programme Coordinator
In-House Training Programme Finance for Non-finance Executives UltraTech Cement Ltd., Rajula Programme Coordinator
In-House Training Programme Zydus Emerging & Aspiring Leaders' Programme IMNU, Ahmedabad Programme Coordinator
In-House Training Programme Financial Management IMNU, Ahmedabad Programme Coordinator
In-House Training Programme Financial Management IMNU, Ahmedabad Programme Coordinator
In-House Training Programme Fundamentals of Finance for Managerial Performance IMNU, Ahmedabad Programme Coordinator
In-House Training Programme Finance and Budgeting for Non-finance Executives MPSEZ, Mundra Programme Coordinator
In-House Training Programme Finance for Non-finance Executives MPSEZ, Mundra Programme Coordinator

Prof. Deepakkumar Jaykrishna Danak - Project Guided


Project TitleDescriptionDuration
A study on size and returns of the Indian Stock Market   2014
Potential of Islamic Banking in India   2014
Hedging   2014
Examination of returns distribution of option prices   2014
Basel norms compliance at State Bank of India   2014
Analysis of IPO grading and subsequent performance of stocks post listing. Student Dissertation Duration: 4 Months 2014
Evaluation and comparison of growth funds of different mutual fund companies Student Dissertation Duration: 4 Months 2014
Analysis of the impact of derivative trading on Indian stock market Student Dissertation Duration: 4 Months 2014
Analyzing the relation between currency futures and exchange rate risk Student Dissertation Duration: 4 Months 2014
Does the Buy and Hold strategy really work amid the current high volatility on equity markets? Student Dissertation Duration: 4 Months 2014
Empirical study of preferred financing mix by a company based on its lifecycle stage Student Dissertation Duration: 4 Months 2014
Offering Maid services Student B Plan 2014
Home Bakery Student B Plan 2014
SSB Bricks manufacturing Student B Plan 2014
Retail chain of floral shops Student B Plan 2013
Leasing of Volvo buses to operators Student B Plan 2013
Manufacturing plant of domestic pressure cooker Student B Plan 2013
A study of risks across public and private sector banks using multivariate analysis Student Dissertation Duration: 4 Months 2013
An empirical study of application of credit risk management policies, tools and techniques in Indian Bank. Student Dissertation Duration: 4 Months 2013
Impact of stock split on share prices Student Dissertation Duration: 4 Months 2013
Ventura Capital & Private Equity in India: An Analysis of Challenges & Threats in Investment & Exits Student Dissertation Duration: 4 Months 2013
Effect of mergers on performance of a company Student Dissertation 2013
Managing Credit Risk in Agricultural Lending Student Dissertation 2013
Response of Market to Mergers during the phase of Announcement till Closure of deal Student Dissertation 2013
Role of Commodity derivatives market in physical market price making in India and its effect on Inflation Student Dissertation 2013
Risk analysis in selected mutual fund companies Student Dissertation 2013
Study of accounting implications of international activities of selected indian companies Student Dissertation 2012
Study of various multifactor models and their relevance in Indian Context Student Dissertation 2012
Test of Black's Approximation in Indian context Student Dissertation 2012
Validation of relation between volatility and volume of trade in Indian Context Student Dissertation 2012
To find Implied Volatility across different options available in India Student Dissertation 2012
Study of managerial choices related to capital structure across various sectors Student Dissertation 2012
Scope of currency and commodities market in INDIA Student Dissertation 2012
Asset and Liability Management in Banks Student Dissertation 2012
Profitabilty performance and stock valuation of indian PSUs and private sector banks Student Dissertation 2012
Approaching Equity Valuation through Option Pricing Student Dissertation 2012
Impact of FII/DII investment and Monetory policy on Indian Stock market Student Dissertation 2012
Touch pad technology Student B Plan 2012
Dazzle home, High quality modular and distributor Student B Plan 2012
Footwear Retailing Student B Plan 2012
Share Broking Student B Plan 2011
Doorman Services Student B Plan 2011
Manufacturing of notebook and cover page Student B Plan 2011
Trading of synthetic fabrics Student B Plan 2011
Share price behaviour around Buyback Announcement by the Company Student Dissertation 2011
Empirical Investigation of CAPM in Indian Capital Market & Study of pricing differentials as a function of Management Efficiency Student Dissertation 2011
Study of the relationship between yield spreads of corporate bonds and their credit ratings. Student Dissertation 2011
An Empirical Study on Capital Structure Decisions of Indian Companies. Student Dissertation 2011
Study of Financial Parameters & Performance with referrence to the stage of industry in its Life Cycle Student Dissertation 2011
Risk Management Through Derivatives Student Dissertation 2011
12

Prof. Deepakkumar Jaykrishna Danak - PhD Students


StudentResearch TitleResearch FieldStatus
Pandya Hetal Laxmilal Investment pattern of Women in Gujarat Investment pattern of Women in GujaratPursuing
Sujata Behera Assesment of the power of EVA model/Ohlson model in explaining the market valuations under the current accounting regime and proposed IFRS regime Assesment of the power of EVA model/Ohlson model in explaining the market valuations under the current accounting regime and proposed IFRS regimePursuing