Bharadwaj Kannan

Color portrait of Bharadwaj Kannan

Associate Clinical Professor in Finance

Department Finance
Office Address 318 Business Building
Email Address bpk5567@psu.edu

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Bharadwaj Kannan is Associate Clinical Professor of Finance at the Smeal College of Business. He teaches courses in investments and corporate finance, with a focus on analytical rigor, student engagement, and real-world application.

Professor Kannan’s research is in empirical corporate finance, with a particular focus on the intersection of labor markets and firm behavior. His work examines how firms respond to labor market frictions and regulatory shocks, including layoff announcements, restrictions on employee mobility, and cybersecurity breaches. More broadly, his research explores how these forces shape corporate policies, innovation, investment, and long-term firm value. His work has been published in the Journal of Money, Credit and Banking and Labour Economics.

Expertise

Corporate Finance, Labor Economics, Market Efficiency, and Industrial Organization

Education

PhD, Finance, University of Colorado at Boulder, 2016

M.A., Economics, Christ University, 2010

B.A. Honors, Economics, Delhi University, 2008

Courses Taught

FIN 406 – Sec Anly &Prt Mgmt (3)
Advanced valuation theory; fundamentals of security analysis; portfolio construction and management.

FIN 871 – STRAT FIN MGMT (2)
Comprehensive course in corporate finance and the strategic implications of various financial decisions.

Selected Publications

Kannan B., Pinheiro R., Turtle H., "Replacing labour with capital: Evidence from aggregate mobility shocks." Labour Economics, vol. 98, 2025
URL: https://www.sciencedirect.com/science/article/pii/S0927537125001563?dgcid=author
Kannan B., Bordeman A., Pinheiro R., "Rival Growth Prospects and Equity Prices: Evidence from Mass Layoff Announcements." Journal of Money, Credit and Banking, vol. 53, no. 8, 2021, pp. 1969-1997
URL: https://onlinelibrary.wiley.com/doi/10.1111/jmcb.12816

Honors and Awards