Admission Open 2025 - Apply Now
Campus Tour  
Menu

Faculty

Dr. Sadaf Anwar Ph.D in Finance

Associate Professor, Department of Finance and BFSI

Short Profile

Dr. Sadaf Anwar is an Associate Professor in the area of Finance. She has done her Ph. D from Indian Institute of Technology (IIT Delhi) and has been honoured with UGC-NET JRF fellowship. Her diverse range of experience spans from teaching in academic institutions to working with Ministry of Finance, New Delhi. Her work is recognised in Monographs, Journals and Book Chapters of National and International repute.  She teaches courses in the areas of Financial Management, Management Accounting, Corporate Finance, Financial Reporting & Analysis, Financial Institutions and Corporate Valuation.

BIO

About The Faculty

Dr. Sadaf Anwar is an Associate Professor in the area of Finance with more than 11 years of experience, including both academia and industry. She completed her Ph.D. from the Indian Institute of Technology (IIT Delhi) and has been honoured with the UGC-NET JRF fellowship. Her diverse range of experience spans from teaching in academic institutions to working with the Ministry of Finance, where she monitored contextual issues of financial stability, including those deliberated in international forums such as the IMF, World Bank, Organisation for Economic Co-operation and Development (OECD), United Nations Conference on Trade and Development (UNCTAD), Asian Development Bank (ADB), Financial Stability Board (FSB), Bank for International Settlements (BIS), International Association of Insurance Supervisors (IAIS), European Central Bank (ECB), and others. She also worked on COVID-19-related policy monitoring and followed up on COVID-19 policy measures being discussed at national and international forums, as well as matters related to the RBI Board and presentations/materials for other international delegations. Her work is recognized in monographs, journals, and book chapters of national and international repute, including Elsevier, Springer, Sage, Inderscience, ICWAI, UGC, NIBM, and SRCC. She has presented papers at international and national conferences at IISE London, IIT Bombay, IIM Bangalore, Symbiosis International University, Pune, and NISM, Bombay. She teaches courses in the areas of Financial Management, Management Accounting, Corporate Finance, Financial Reporting & Analysis, Financial Institutions, and Corporate Valuation.

Education

MBA & Ph.D in Finance from Indian Institute of Technology Delhi

Affiliations

  • Alliance School of Business Bangalore
  • Ministry of Finance Delhi
  • IIT Delhi (Research Associate)
  • IILM GSM Greater Noida
  • IILM AHL Lucknow
  • SITM Barabanki

Area of Research

  • Corporate Payout Policies
  • Climate Change
  • Financial Regulation

Awards and Recognitions

  • Awarded Utkrishth Award by LBSGOI, Lucknow for One of the Best Performing Alumni.
  • Qualified UGC- NET & JRF (Management).
  • Certificate of Excellence by LBSIMDS, Lucknow and G.L. Garg Charitable Trust, Lucknow for meritorious student of LBSIMDS, Lucknow.
  • Certificate of Merit by KCMT, Bareilly

Publication

  • Sudhakar, S., Anwar, S., Wadhwa, P., & Singh, N. (2025). Developing Sustainable Business Models: Integrating Circular Economy, Social Entrepreneurship, and Green Technologies. In M. Lytras, P. Ordonez, A. Alkhaldi, & A. Serban (Eds.), Innovation Management for a Resilient Digital Economy (pp. 1-22). IGI Global Scientific Publishing. 
  • Singh, S., Anwar, S. and Jain, P.K. (2021), “Cash Dividend and Shares Repurchase Announcements: Impact on Returns, Liquidity and Risk in Indian Context”, HP Hamilton Limited, London U.K. ISBN: 1913936074
  • Anwar, S., Singh, S. and Jain, P.K. (2020), “Exploring Firms’ Size and Age Effect through Triangulation: An Empirical Evidence of Indian Firms Announcing Dividends and Shares Repurchases”, Business Analyst, Vol. 40, No. 2, pp. 163-174, ISSN: 0973 - 211X.
  • Anwar, S. (2020), “Indian Debt Market: Some Issues and Policy Recommendations”, Chandigarh University, Global Management Review, Vol. 9, No. 1, pp. 17-29, ISSN: 2349-1078.
  • Anwar, S., Singh, S. and Jain, P.K. (2018), “Financial Flexibility through Share Repurchases: Evidence from India”, Book edited volume entitled Flexibility in Resource Management under the Book Series on Flexible Systems Management, Springer Publication, pp. 163-183, ISSN: 2199-8493.
  • Anwar, S., Singh, S. and Jain, P.K. (2018), “Management View on Shares Repurchase: An Indian Survey”, The IUP Journal of Applied Finance (UGC Approved Journal),Vol. 23, No. 1, pp. 44-66 (Indexed on Cabell’s Directory and also distributed by EBSCO and Proquest Database), ISSN: 0972-5105.
  • Anwar, S., Singh, S. and Jain, P.K. (2017), “Impact of Cash Dividend Announcements: Evidence from the Indian Manufacturing Companies”, Journal of Emerging Market Finance, Vol. 16, No. 1, pp. 29-60 (ABDC ranking and Scopus indexed Journal), ISSN: 0972-6527, Rated 2 in CABS; CiteScore metric of 0.39.
  • Anwar, S., Singh, S. and Jain, P.K. (2017), “Risk around Shares Repurchase Announcements: Evidence from Indian Equity Market”, Journal of Banking, Information  Technology and Management (UGC Approved Journal), Vol. 14, No.1, pp. 3-12, ISSN: 0972-902X, Impact Factor: 4.434.
  • Anwar, S., Singh, S. and Jain, P.K. (2017), “Shares Repurchases and Liquidity: An Examination of Indian Firms”, Journal of Social and Management Studies (Scopus indexed& UGC Approved Journal), Vol. 46, pp. 213-229. ISSN: 0970-8448
  • Anwar, S., Singh, S. and Jain, P.K. (2016), “Liquidity Changes on and around Cash Dividend Announcements: Evidence from India”, International Journal of Accounting and Finance, Vol. 6, No. 4, pp. 319-340, (ABDC Ranking Journal), ISSN: 1752-8224 (Print), ISSN: 1752-8232 (Online).
  • Anwar, S., Singh, S. and Jain, P.K. (2016), “Signaling Power of Cash Dividend Announcements and Risk: Evidence from India”, International Journal of Management Practice. Vol. 9. No. 3, pp. 257-281, ABDC Ranking and Scopus indexed Journal), ISSN: 1477-9064, ISSN Online: 1741-8143, CiteScore metric of 0.26
  • Anwar, S., Singh, S. and Jain, P.K. (2016), “Signaling Mechanism of Corporate Payout Policy: A Case of Indian Firms”, Accounting, Vol. 2, No. 2, pp. 53-66, DOI: 10.5267/j.ac.2016.1.004, ISSN -7407.
  • Anwar, S., Singh, S. and Jain, P.K. (2015), “Cash Dividend Announcements and Stock Return Volatility: Evidence from India”, Procedia Economics and Finance Journal, Vol. 30, pp. 38-49, ISSN 2212-5671.
  • Anwar, S. and Singh, S. (2015), “Cash Dividend Announcements in India:  Evidence from Finance Managers”, Research Bulletin (UGC Approved Journal), Vol. 41, No. 1, pp. 67-81. ISSN: 22309241.

International and National Conferences / Symposia:

  • Anwar, S. and Safika, P. (2024, Communicated), “Climate-Related Financial Risks and Regulatory Framework for Financial Stability”, IMRC 2024: India Management Research Conference: IIM Ahmedabad (December 7-9, 2024).
  • Anwar, S., Singh, S. and Jain, P.K. (2020), “Shares Repurchase Announcements in India Implications Based on Firm Size and Age”, Changing Landscape of Securities Market in India at National Institute of Securities Market, Mumbai (Jointly organized by SEBI and NISM (January 22-24, 2020).
  • Anwar, S., Singh, S. and Jain, P.K. (2015), “Cash Dividend Announcements and Stock Return Volatility: Evidence from India”, 4th Economics and Finance Conference, London, UK (August 25-28, 2015).
  • Anwar, S., Singh, S. and Jain, P.K. (2015), “Signaling with Cash Dividends and Share Repurchases: An Empirical Study from the Indian Stock Market”, PhD Consortium 2015 on “Management in the 21st Century” at Indian Institute of Technology Bombay (November 30-December 1, 2015).
  • Anwar, S., Singh, S. and Jain, P.K. (2015), “Financial Flexibility through Share Repurchases: A Case of Indian Companies”, GLOGIFT 15: Fifteenth Global Conference on Flexible Systems Management at Symbiosis International University, Pune (October 23-October 25, 2015)
  • Anwar, S., Singh, S. and Jain, P.K. (2014), “Impact of Cash Dividend Announcements on Stock Returns and Risk: Empirical Evidence from the Indian Stock Market”, 4th Indian Finance Conference at Indian Institute of Management, Bangalore (December 17-19, 2014).

Membership

AIMA

Resource Person

Examiner, Reviewer and Session Chair in different capacities

Admission Open 2025 - Apply Now