Anup Srivastava

Pronouns: He, Him
Anup Srivastava

Associate Professor and Canada Research Chair

ACCT

Canada Research Chair in Accounting - Decision-Making and Capital Markets

Haskayne School of Business

Media contacts

Karen Perl-Pollard
Senior Communications Strategist, Haskayne School of Business

Office: +1.403.220.6153
Email: karen.perl.pollard@haskayne.ucalgary.ca

 

Background

Educational Background

Bach of Technology , Indian Inst of Tech (Delhi), 1988

Doctor of Philosophy , Texas A & M University, 2008

M.B.A. , University of Delhi, 1990

Biography

The corporate story of 21st century is that of technology giants. The combined value of Google (Alphabet), Microsoft, Facebook (Meta), Apple, and Amazon exceeds GDPs of all nations except two. Each of them is worth more than numerous 20th century giants put together (Walmart, General Motors, and Exxon-Mobil, Ford, GE). 

The key assets of a 21st century company are intangibles. Something that cannot be touched by hand: Business Idea; Innovation, patents; Brands; Organizational strategy; Peer and supplier networks; Customer and social relationships; Computerized data and software; Human capital; Growth options. In contast, 20th century giants mainly relied on physical assets: land, building, factories, warehouses, inventory, trucks.....

Anup is one of the world's foremost researchers on knowledge-based companies. He examines how modern technology companies replace asset- and infrastructure-intensive companies in value creation, society's progress, and employment generation. His research highlights key elements disrupted by this progression: accelerating corporate demise and emerging hyper-competition; changing role of the board of directors; shifts in executive incentive plans; new auditing and financial reporting requirements; and a growing need for highly skilled human capital.

Anup Srivastava joined the Haskayne School of Business in July 2018. Previously, he worked at as an assistant professor at Kellogg School of Management (Northwestern University) and Tuck School of Business (Dartmouth College) which he left as an associate professor.

In October 2018, Anup became Haskayne's first awardee of Canada Research Chair, a highly prestigious Chair awarded by the Government of Canada.

Anup brings vast corporate experience of almost fourteen years. He has worked as a banker, consultant, and corporate executive in the East and West Coast cities of the United States and India. He has worked at billion-dollar conglomerates as well as cash-strapped startups. Most importantly, he has has held senior executive positions with asset intensive companies as well as knowledge-based start ups. And seen the difference between the two types of companies.

Anup has published numerous articles in elite scholarly journals, such as Management Science, Accounting ReviewJournal of Accounting and EconomicsJournal of Financial Economics, and Review of Accounting Studies. Two of his papers are typically included in the curricula of top PhD programs in accounting. One of them is listed in the Hall of Fame of the Journal of Financial Economics, and is one of the most cited papers in the field of accounting and finance.  

In addition he has published in Critical Finance Review, European Accounting Review, Management and Business Review, Business Horizons and European Financial Management.

Anup has published over 30 articles in Harvard Business Review and California Management Review  on the underlying economics, valuation, and financial reporting issues of digital companies.  

Anup has been interviewed or quoted by leading media outlets, such as BloombergFinancial TimesNew York TimesWall Street JournalEconomist Intelligence UnitNational Public RadioForbesChicago TribuneBarrons, and Reuters.

Anup has presented his work in seminar format at 50 of the world’s top universities, in 11 different countries.

Anup is deputy editor-in-chief for Management and Business Review and an Editorial board member for Contemporary Accounting Research. Anup is the "Main Faculty Advisor" to The Haskayne Report, a journal started by the Haskayne students. He is a Member of the Academic Advisory Committee of AcSB (Accounting Standards Board of Canada). He is a mentor at Creative Destruction Lab, an advisory body for startups.

Research

Areas of Research

Intangibles, Knowledge economy, Valuation, Digital firms, Financial reporting, Executive compensation, Immigration, Financial Statements Analysis

Courses

Course number Course title Semester
ACCT 642 Financial Statement Analysis 2020

Awards

  • Best paper award, European Institute for Advanced Studies in Management . 2018
  • Dean’s Award for Research Innovation , Haskayne Business School. 2020
  • Best Paper award , European Financial Management. 2017
  • Best Paper- Audit mid-year Meeting, American Accounting Association. 2016

More Information

Top journal articles at the intersection of scholarship and practice:

1.      The Rapid Rise and Fall of Biotech Sector, Slowdown in Innovation Affects Society. California Management Review (Forthcoming, 2022). With V. Govindarajan, Hassan Ilyas, Felipe B. G. Silva, and, Luminita Enache.

2.      How Working with Competitors Made Jio a Telecom Giant. Harvard Business Review (December, 2021). With V. Govindarajan.

3.      MBA Programs Need an Update for the Digital Era. Harvard Business Review (November, 2021). With V. Govindarajan.

4.      What Zomato’s $12 Billion IPO Says About Tech Companies Today. Harvard Business Review (August, 2021). With V. Govindarajan.

5.      What the edX Acquisition Means for the Future of Higher Education. Harvard Business Review (July, 2021). With V. Govindarajan and L. Enache.

6.      Resist Old Routines When Returning to Campus. Harvard Business Publishing (June, 2021) With V. Govindarajan, T. Grisold, and A. Klammer

7.      Resist Old Routines When Returning to the Office. Harvard Business Review (May, 2021) With V. Govindarajan, T. Grisold, and A. Klammer

8.      Mind the GAAP? Harvard Business Review (May, 2021). With V. Govindarajan and R. Zhao.

9.      Should Midsize Companies Play Offense or Defense in a Downturn? Harvard Business Review (March, 2021). With V. Govindarajan and A. Iqbal.

10.  The U.S. Economy Is Leaving Midsize Companies Behind. Harvard Business Review (February, 2021). With V. Govindarajan and L. Enache.

11.  The Uncertainty of Middle Management Jobs - And How to Stay Relevant? California Management Review (January, 2021) With V. Govindarajan and N. Sikka.

12.  U.S. Financial Reporting Is Stuck in the 20th Century. Harvard Business Review (December, 2020). With V. Govindarajan, S. Rajgopal, and L. Enache.

13.  Do Digital Technology Firms Earn Excess Profits? California Management Review (November, 2020) With S. Rajgopal and R. Zhao.

14.  COVID-Imposed Opportunity to Selectively Unlearn Past Practices. California Management Review (October 2020) With V. Govindarajan, T. Grisold, and A. Klammer.

15.  Tech Giants, Taxes, and a Looming Global Trade War. Harvard Business Review (August, 2020). With V. Govindarajan, H. Warsame, and L. Enache.

16.  Private Sector. Don’t Just Stand There, Do Something BIG! California Management Review (August 2020) With P. Danos and V. Govindarajan.

17.  A Post-Pandemic Strategy for U.S. Higher Ed.  With V. Govindarajan. Harvard Business Review (June, 2020).  With V. Govindarajan.

18.  Doubling Down on Double Sandwich Tax Schemes. California Management Review (March, 2020).  With H. Warsame, and L. Enache.

19.  What the Shift to Virtual Learning Could Mean for the Future of Higher Ed. Harvard Business Review (March, 2020).  With V. Govindarajan.

20.  Is Technology Subsuming Marketing? Harvard Business Review (February, 2020). With S. Rajgopal.

21.  We Are Nowhere Near Stakeholder Capitalism. Harvard Business Review (January, 2020).  With V. Govindarajan.

22.  Understanding India’s Chilly Reception of Jeff Bezos. Harvard Business Review (January, 2020).  With V. Govindarajan, and L. Enache.

23.  How India Plans to Protect Consumer Data. Harvard Business Review (December, 2019).  With V. Govindarajan, and L. Enache.

24.  Midsize Companies Are Growing, But Struggling to Earn Profits. Harvard Business Review (November, 2019).  With V. Govindarajan, and L. Enache.

25.  No, WeWork Isn’t a Tech Company. Here’s Why That Matters. Harvard Business Review (August, 2019). With V. Govindarajan.

26.  The Gap Between Large and Small Companies Is Growing. Why? Harvard Business Review (August, 2019). With V. Govindarajan, B. Lev, and L. Enache.

27.  The Problem with France’s Plan to Tax Digital Companies. Harvard Business Review (July, 2019). With V. Govindarajan, H. Warsame, and L. Enache.

28.  R&D Spending Has Dramatically Surpassed Advertising Spending. Harvard Business Review (January, 2019). With V. Govindarajan, S. Rajgopal, and Ye Wang.

29.  It’s time to stop treating R&D as a discretionary expenditure. Harvard Business Review (January, 2019). With V. Govindarajan, S. Rajgopal, and L. Enache.

30.  Should dual-class shares be banned? Harvard Business Review (December, 2018). With V. Govindarajan, S. Rajgopal, and L. Enache.

31.   Should everyone be allowed to invest in private tech companies? Harvard Business Review (October, 2018). With V. Govindarajan, S. Rajgopal, and L. Enache.

32.  Why we shouldn’t worry about the declining number of public companies? Harvard Business Review (August, 2018). With V.  Govindarajan, S. Rajgopal, and L. Enache.

33.  A blueprint for digital companies’ financial reporting. Harvard Business Review (August, 2018). With V. Govindarajan and S. Rajgopal.

34.  Why we need to update financial reporting for the digital Era. Harvard Business Review (June, 2018). With V.  Govindarajan and S. Rajgopal.

35.  Why financial statements don’t work for digital companies. Harvard Business Review (February, 2018). With V. Govindarajan and S. Rajgopal.

36.  The scary truth about corporate survival. Harvard Business Review (December 2016): 24−25. Based on work by V. Govindarajan and A. Srivastava.

Videos, TV, Presentations

·       Presentation at Professional Accounting Centre, University of Toronto. The evolution of knowledge economy and declining relevance of financial statements.

·       Panel Discussion: CPA Ontario Centre for Public Policy & Innovation in Accounting Webinar 2021

·       Haskayne Hour: COVID-19’s Impact on Workforce: What to Think About Now

·       Haskayne Hour: Are tech firms making excess profits?

·       Community Engagement Series of the University of Calgary, Speaker with University Chancellor Deborah Yedlin in:   Why is young talent leaving Alberta?

·       Global Insight: Global finance ministers to discuss vaccine equity, rising interest rates, pandemic recovery?

·       Global Insight: TV News: Digital tax war amid COVID-19 pandemic?

·       Global Insight: TV News: Is Korean Air turning into a monopoly

·       Global Insight: TV News: World running out of game consoles, cars amid semiconductor shortage

·       Global Insight: TV News:  G7 nations reach historic deal on global tax reform

·       Global Insight: TV News:  U.S. cornering foreign tech giants to divulge computer chip information

·       Chartered Association of Business Schools (UK): Post-pandemic strategy for higher education

·       Online Seminar: Value of Internally Generated Intangible Capital