Vivek Singh, PhD

Vivek Singh is a Full Professor of Finance at The University of Michigan-Dearborn. He received a Ph.D. in Finance from Virginia Tech in 2004. He also earned an MBA from Indian Institute of Management and a B. Tech. from Indian Institute of Technology.

Dr. Singh has published or had accepted 40 papers in leading peer-reviewed journals, including Financial Management, Journal of Banking and Finance, Economic Inquiry, Journal of Empirical Finance, Macroeconomics Dynamics, Journal of Business Research, Review of Quantitative Finance and Accounting, among others. Thirty-five of these appeared in journals rated as superior/very good/good by the College of Business. He has authored a book based on his dissertation, and several papers have been featured as lead articles.

Notably, Heck and Cooley’s study on finance faculty productivity ranked Dr. Singh in the top 5% of research-active finance professors, despite his career beginning only in 2004. His influential paper, “Momentum and the Disposition Effect: The Role of Individual Investors,” originally published in Financial Management, was republished in a special issue highlighting impactful work from the past five years. His research is among the most downloaded in finance on ResearchGate.

He has contributed to over 50 peer-reviewed conference proceedings/presentations, and his work is frequently cited in premier finance journals such as the Journal of Finance, the Journal of Financial Economics, the Review of Financial Studies, the Journal of Accounting and Public Policy, and others. His research has attracted significant attention from practitioners, with requests from money managers and coverage in investment outlets such as CFA Digest.

He is an Associate Editor of the International Journal of Business and Systems Research and serves on the editorial boards of the International Journal of Bonds and Derivatives and the International Journal of Revenue Management.

Research Interests

Asset Pricing, Firm Financing Behavior, Investor Behavior, Security Pricing, Corporate Governance, Product Market Competition and Analyst Behavior, Financing Costs and Reporting, and Multidisciplinary/Pedagogical Topics.

Research

To date 31 of his papers have been published/accepted at the leading peer-reviewed journals such as Financial Management, Journal of Banking and Finance, Journal of Empirical Finance, Journal of Financial Research, Macroeconomics Dynamics, Journal of Business Research, Review of Quantitative Finance and Accounting and others. Out of the 31 peer-reviewed, journal articles published/gotten acceptance for, 25 papers have been published in journals rated as superior or very good by the College of Business. He has also written a book derived from his dissertation. Several of his papers have been published as lead articles in the journals. 

In a very well cited study authors Heck and Cooley measured the productivity of all research active finance professors in the last 50 years. Singh's publication record places him in the top 5% of all research active finance professors as per this study. Please note that his career began only in 2004. His paper “Momentum and the Disposition Effect: The Role of Individual Investors” published in Financial Management has been republished and cited in a special issue of Financial Management that has had most impact in last 5 years. His publications have been viewed more than 2,800 times and rank among the highest in terms of downloaded in finance at Research-Gate (a research portal for professors). He has been recipients of College of Business Distinguished Performance in Research Award in 2018 and Researcher of the year Award in 2016.

Although much of his research has been published (accepted) recently, his research has been cited in top finance journals such as Journal of Finance, Journal of Financial Economics, Review of Financial Studies, Journal of Accounting and Public Policy, Journal of Management, Financial Management, Journal of International Money and Finance, and Journal of Banking and Finance among others. He also has more than 50 peer-reviewed conference proceedings/presentations. His research has also drawn considerable interest from the practitioners’ community evidenced by money managers’ requests for my articles. Investment magazines including CFA Digest, and various investment related internet websites have, summarized and cited my research.

He currently serves as Associate Editor of the International Journal of Business and Systems Research. He also serves on the editorial boards of International Journal of Bonds and Derivatives, and International Journal of Revenue Management.

Dr. Singh's current research areas of interest include Assets Pricing, Firm Financing Behavior, Investor Behavior, Analysts and Institutional Investors Role in Security Pricing, Corporate Governance, and Firm Performance, Impact of Product market competition on Analyst behavior, Firms' Financing costs, and reporting, Topics in Multidisciplinary and pedagogical research.

PhD, Virginia Tech

Recent Refereed Journal Articles

1. Singla, R., Chakraborty, M., & Singh, V. (2026). Idiosyncratic Volatility and Analyst Recommendations. Review of Quantitative Finance and Accounting (forthcoming)
2. Hobbs, J., Schaupp, C., & Singh, V. (2026). Now for Later: Trading Up in Time in the NFL Draft. Applied Economics (forthcoming)
3. Hobbs, J., Schaupp, C., & Singh, V. (2026). Trading Up in the NFL and NHL Drafts: A Winning Strategy? Applied Economics (forthcoming)
4. Singla, R., Chakraborty, M., & Singh, V. (2023). Market Uncertainty and Analyst Behavior: The Indian Context. Managerial Finance
5. Hobbs, J. & Singh, V. (2022). The Endowment Effect and the Trading of Draft Picks in U.S. Professional Sports. Economic Inquiry, 60, 1929–1942
6. Hur, J. & Singh, V. (2022). Investor Attention in the Idiosyncratic Volatility Puzzle. Review of Quantitative Finance and Accounting, 58, 409–434
7. Hobbs, J., Singh, V., & Chakraborty, M. (2021). Institutional Underperformance: Should Managers Listen to the Sell-Side Before Trading? Review of Quantitative Finance and Accounting, 57, 389–410
8. Autore, D., T. Kovacs, J. Hobbs, and V. Singh. Do shareholder rights influence the direct costs of issuing seasoned equity? Forthcoming in Review of Quantitative Finance and Accounting.
9. Egginton, J., J. Hur, and V. Singh. The impact of Elasticity on Disposition Effect Driven Momentum, Substitutability, Size, and January Seasonality. Forthcoming in Review of Quantitative Finance and Accounting.
10. J. Hur, and V. Singh. 2017. Cross-Section of Expected Returns and Extreme Returns: The Role of Investor Attention and Risk Preferences. Forthcoming in Financial Management.
11. Egginton, J., J. Hur, and V. Singh. 2016. The impact of Elasticity on Disposition Effect Driven Momentum, Substitutability, Size, and January Seasonality. Forthcoming in Review of Quantitative Finance and Accounting.
12. Hobbs, J., H. Lee, and V. Singh. 2016. New Evidence on the Effect of Belief Heterogeneity on Stock Returns. Forthcoming in Review of Quantitative Finance and Accounting.
13. Hur, J., and V. Singh. 2016. Reexamining Momentum Profits: Underreaction or Overreaction to Firm-Specific Information? Review of Quantitative Finance and Accounting 46, pp. 261-289.
14. Hobbs, J., and V. Singh. 2015. A Comparison of Buy-Side and Sell- Side Analysts. Review of Financial Economics 24, pp.42-51.
15. Hur, J., G. Pettengill, and V. Singh 2014. Market States and the Risk-Based Explanation of the Size Premium. Journal of Empirical Finance 28, pp. 139-150.
16. Datta, S., M. Datta, and V. Singh. 2014. Opaque Financial Reports and R2: Revisited. Review of Financial Economics 23, pp.10-17.
17. Datta, S., M. Datta, and V. Singh. 2013. Product Market Power, Industry Structure, and Corporate Earnings Management. Journal of Banking and Finance 37, pp. 3273-3285.
18. Hur, J., and V. Singh. 2013. Does Long-term Disequilibrium in Stock Price Predict Future Returns? Review of Quantitative Finance and Accounting 41, pp. 753-767.
19. Singh, V. 2013. Did Institutions Herd During the Internet Bubble? Review of Quantitative Finance and Accounting 41, pp. 513-534.
20. Hobbs, J., T. Kovacs, and V. Singh. 2012. The Investment Value of the Frequency of Analyst Recommendation Changes for the Ordinary Investor, Journal of Empirical Finance 19, pp. 94-108.
21. Lee, H., K. Cai, and V. Singh. 2011. Underpricing of IPOs that Follow Private Placements. Journal of Financial Research 34, pp. 441-459.
22. Singh, V. 2011. Stock Returns and Product Market Competition: Beyond Industry Concentration. Review of Quantitative Finance and Accounting 37, pp. 283-299.
23. Datta, S., M. Datta, and V. Singh. 2011. Product Market Pricing Power, Industry Concentration and Analysts' Earnings Forecasts. Journal of Banking and Finance 35, pp.1352-1366.
24. Lee, H., V. Singh, and K. Cai. 2011. Are Stocks Dumped or Neglected by Analysts Inferior Investments to Covered Stocks? Journal of Business Research 64, pp.501-507. Best Paper Award in the Area of Investment by Southern Finance Associations Meetings 2009.
25. Hur J., M. Pritamani, and V. Singh. 2010. Momentum and the Disposition Effect: The Role of Individual Investors. Financial Management 39, pp. 1155-1176.
26. Patterson, D., and V. Singh. 2010. The Incidence of Informational Cascades and the Behavior of Trade Interarrival Times During the Stock Market Bubble. Macroeconomics Dynamics 14, pp. 111-136.
27. Autore, D., T. Kovacs, and V. Singh. 2009. Do Analyst Recommendations Reflect Shareholder Rights? Journal of Banking and Finance 33, pp. 193-202.
28. Singh, V., J. Hur, and H. Lee. 2008. Glamour vs. Value: Trading Behavior of Institutions and individual investors. Journal of Financial Research 31, pp. 65-84. (Summarized in the CFA Digest Issue of August, 2008).

 Research Grants

1. Working paper with Douglas Patterson “Do Traders Follow Other Traders at the NYSE?” won $11,000 University-wide competitive grant at Virginia Tech in 2004.
2. Working paper with Michael Cliff and John Easterwood “Interpreting the Causes and Consequences of Analysts’ Recommendations” won $11,000 University-wide competitive grant at Virginia Tech in 2007.
3. Paper “Reexamining Stock Returns when Investors Disagree” was awarded $6,000 research grant by University of Michigan-Dearborn in the winter of 2011.

• Received the University Distinguished Performance in Research Award in 2019.
• Received the College of Business Distinguished Performance in Research Award (2018), and the Researcher of the Year Award (2016).
• Best Paper Award, Southern Finance Association (2009)
• Ranked in the top 5% of research-active finance professors by Heck and Cooley (2009)