THE SEAT OF
KNOWLEDGE
THE HEART OF
TRANSFORMATION

Finance & Control

Santushti Gupta

Assistant Professor, Ph.D., IIM Ranchi

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Contact:

Email : santushti@iimshillong.ac.in

Office Ph.: +91 364 2308000

Research Interests/ Areas
  • Non-financial disclosures
  • Sustainability reporting and ESG
  • Corporate governance
Teaching Interest / Areas
  • Management Accounting
  • Financial Management
  • Corporate Governance

Biography

Dr. Santushti Gupta is a faculty member in the Finance & Control area at the Indian Institute of Management (IIM) Shillong. Prior to this, she was an Assistant Professor of Accounting & Finance at International Management Institute Kolkata, T. A. Pai Management Institute Manipal, MAHE and National Institute of Technology (NIT) Bhopal. She taught Management Accounting & Control and Financial Management and Legal Aspects of Business across multiple MBA cohorts and Integrated Program in Management. She also served as Co-Chairperson of Admissions and as a member of the Research & Ethics Committee at TAPMI Manipal. She also brings over three years of industry experience as a Company Secretary.

Dr. Gupta holds a PhD in Finance & Accounting from the Indian Institute of Management Ranchi. She is a qualified Company Secretary from the Institute of Company Secretaries of India (ICSI). She also earned a Bachelor of Commerce from Daulat Ram College, University of Delhi.

Dr. Gupta’s research focuses on non-financial disclosures, sustainability reporting and ESG, and corporate governance. Her doctoral thesis work has appeared in the Journal of Business Finance & Accounting (ABDC A*).

Position Institution Duration
Assistant Professor Indian Institute of Management Shillong November 2026 – present
Assistant Professor International Management Institute (IMI), Kolkata August – October 2026
Assistant Professor T. A. Pai Management Institute (TAPMI), Manipal Academy of Higher Education, Manipal July 2024 – July 2026
Company Secretary (Chief Governance Officer) Sandhya Prakash Limited, Bhopal November 2018 – December 2019
Company Secretary (Compliance Consultant) M/s Pawan Popli & Associates, Bhopal December 2017 – October 2018
Assistant Professor National Institute of Technology (NIT) Bhopal July 2017 – December 2017
Company Secretary (Compliance Consultant) M/s Pawan Popli & Associates, Bhopal September 2016 – July 2017

Published articles / Accepted for publication

  • Chakrabarti, P., & Gupta, S. (2025). Does ESG reporting matter for shareholder value? Evidence on mandatory ESG regulations in India. Journal of Business Finance & Accounting, 52(5), 2438–2463. https://doi.org/10.1111/jbfa.70005 [Ranked A* in ABDC list]
  • Gupta, S., Chakrabarti, P., & Sen, S. (2025). Managed float regime and transmission of currency risk: Indian experience of foreign currency borrowings. International Journal of Business & Economics, 24(1), 111–130. [Ranked B in ABDC list]
  • Gupta, S., & Aggarwal, D. (2024). Shrinking the capital costs and beta risk impediments through ESG: Study of an emerging market. Asian Review of Accounting, 32(2), 249–277. https://doi.org/10.1108/ARA-05-2023-0130 [Ranked B in ABDC list]

Conference Presentations

  • Rutgers–ATP India Accounting & Finance Symposium (formerly JAAF–ATP India Symposium), IIM Bangalore, India, 2026.
  • India Responsible Capital Conference (IRCC 2025), co-located with the India Management Research Conference (IMRC 2025), IIM Ahmedabad, India, 2025.
  • Doctoral Research Conference, IIM Ranchi, India, 2024.
  • IMR Doctoral Conference, IIM Bangalore, India, 2024.
  • Multinational Finance Conference, University of Vaasa, Finland, 2024.
  • Fourth Annual International Capital Markets Conference, National Institute of Securities Markets (NISM), India, with the Systemic Risk Centre, London School of Economics, December 2023.