Professor Krishna Paudyal

Accounting and Finance

Personal statement

Krishna joined the University of Strathclyde in 2011 as a Professor of Empirical Finance. He undertook the responsibilities of the Head of Accounting & Finance Department in August 2013 and continued with it until September 2017. Since October 2016, he has undertaken the duties of Vice-Dean (Research) of Strathclyde Business School.

Prior to moving to academia Krishna served in Foreign Exchange and Research departments of the Nepal Rastra Bank (the central bank of Nepal). In 1993 he joined Glasgow Caledonian University as a Lecturer and was promoted to Senior Lecturer in 1995 and to a Professor of Finance in 1996. In 2000 he moved to the University of Durham and to the University of Leeds in 2008.


The importance of targets and value creation in vertical acquisitions
Ekkayokkaya Manapol, Paudyal Krishna
International Review of Finance Vol 21, pp. 636-644 (2021)
Economic policy uncertainty and cross-border mergers and acquisitions
Paudyal Krishna, Thapa Chandra, Koirala Santosh, Aldhawyan Sulaiman
Journal of Financial Stability (2021)
Investors' activism and the gains from takeover deals
Guo Jie (Michael), Paudyal Krishna, Utham Vinay, Xing Xiaofei
European Journal of Finance Vol 26, pp. 64-83 (2020)
Financial markets, innovation and regulation
Andriosopoulos Dimitris, Faff Robert, Paudyal Krishna
European Journal of Finance Vol 25, pp. 595-598 (2019)
Exploring the benefits of international government bond portfolio diversification strategies
Fletcher Jonathan, Paudyal Krishna, Santoso Timbul
European Journal of Finance Vol 25, pp. 1-15 (2019)
International equity portfolio allocations and stock market development
Kwabi Frank Obenpong, Thapa Chandra, Paudyal Krishna, Neupane Suman
Review of Quantitative Finance and Accounting (2019)

More publications

Research interests

My specialisations are in the areas of corporate financial decisions, investments and market microstructure.

I have published over 50 papers in various journals including Journal of Financial and Quantitative Analysis, European Journal of Operational Research, Journal of Empirical Finance, Journal of Banking and Finance, and Journal of Financial Research.

Editor of Encyclopedia of Management (Finance Volume), 3rd edition, 2015, Wiley

Professional activities

Invited talk at AUT, New Zealand, December 2010
Invited speaker
Encyclopedia of Management 3, volume 4: Finance (Journal)
European Financial Management (Journal)
Guest editor
Review of Behavioral Finance (Journal)
Chulalongkorn University
Visiting researcher

More professional activities


KTP - BIP Solutions
Andriosopoulos, Dimitris (Principal Investigator) Hillier, David (Co-investigator) Paudyal, Krishna (Co-investigator) Tang, Leilei (Co-investigator)
25-Jan-2016 - 24-Jan-2018

More projects