Sangita Choudhary

Sangita Choudhary
Assistant Professor
Contact No

Dr. Sangita Choudhary holds a PhD in Finance. She is a Science graduate and has completed her MBA from University of Bordeaux, Bordeaux, France. She teaches courses in Finance, for doctoral and post graduate programs at IIM Sambalpur. Before joining IIM Sambalpur she was working as a full-time faculty in the finance area at Jaipuria Institute of Management Jaipur. She is an active researcher and has several publications in nationally and internationally reputed journals. Her research interests are in the areas of Asset Pricing, Behavioral Finance, Corporate Finance, Investments and Portfolio Management, Earnings Management, Causality and Volatility in Financial Markets and Sustainable Business Operations. She is also a reviewer of research papers in several reputed journals published by Elsevier, SAGE, Emerald, Springer.

  • Seminar Course in Corporate Finance (Doctoral Course, IIM Sambalpur)
  • Financial Management–II (IIM Sambalpur)



Singhal, S., Choudhary, S., & Biswal, P. C. (2021). Dynamic linkages among international crude oil, exchange rate and Norwegian stock market: evidence from ARDL bound testing approach. International Journal of Energy Sector Management. (ABDC C)


Choudhary, S., Yadav, M., & Srivastava, A. P. (2021). Cognitive Biases Among Millennial Indian Investors: Do Personality and Demographic Factors Matter?. FIIB Business Review, 23197145211057343. (ABS 1 Star)


Kumar, A., Choudhary, S., Garza-Reyes, J. A., Kumar, V., Rehman Khan, S. A., & Mishra, N. (2021). Analysis of critical success factors for implementing industry 4.0 integrated circular supply chain–Moving towards sustainable operations. Production Planning & Control, 1-15. (ABDC A)


Kumar, S., Choudhary, S., Singh, G., & Singhal, S. (2021). Crude oil, gold, natural gas, exchange rate and indian stock market: Evidence from the asymmetric nonlinear ARDL model. Resources Policy, 73, 102194. (ABDC B)


Choudhary, S., Kumar, A., Luthra, S., Garza‐Reyes, J. A., & Nadeem, S. P. (2020). The adoption of environmentally sustainable supply chain management: Measuring the relative effectiveness of hard dimensions. Business Strategy and the Environment, 29(8), 3104-3122. (ABDC A)


Choudhary, S., & Singhal, S. (2020). International linkages of Indian equity market: evidence from panel co-integration approach. Journal of Asset Management, 21, 333-341. (ABDC B)


Ahuja, J., Panda, T. K., Luthra, S., Kumar, A., Choudhary, S., & Garza-Reyes, J. A. (2019). Do human critical success factors matter in adoption of sustainable manufacturing practices? An influential mapping analysis of multi-company perspective. Journal of Cleaner Production, 239, 117981. (ABDC A)


Bhatia, S., Choudhary, S., Dugar, A., & Mazumdar, S. (2019). Stock pledging and earnings management: an empirical analysis. Asian Review of Accounting. (ABDC B)


Prakash, G., Choudhary, S., Kumar, A., Garza-Reyes, J. A., Khan, S. A. R., & Panda, T. K. (2019). Do altruistic and egoistic values influence consumers’ attitudes and purchase intentions towards eco-friendly packaged products? An empirical investigation. Journal of Retailing and Consumer Services, 50, 163-169. (ABDC A)


Singhal, S., Choudhary, S., & Biswal, P. C. (2019). Return and volatility linkages among International crude oil price, gold price, exchange rate and stock markets: Evidence from Mexico. Resources Policy, 60, 255-261. (ABDC B)


Choudhary, S. (2016). Equity investment decisions: Determinants for retail investors. Jindal Journal of Business Research, 5(2), 131-144.


Patni, I., Choudhary, S., & Choubey, S. (2015). Analyzing the robust factors of overconfidence bias and its impact: An interpretive structural modeling approach. Indian Journal of Research in Capital Markets, 2(3), 22-35.