Manish Jha
I am an Assistant Professor of Finance at Georgia State University.
I hold a Ph.D. in Finance from Washington University and a Bachelor's degree in Technology from IIT Kanpur.
Prior to my doctoral studies, I worked in sovereign bond research and options trading. I am deeply grateful for the support from
Human Resource India,
Kendriya Vidyalaya,
MPS Foundation, and
Super30.
Feel free to reach out to me at mjha@gsu.edu,
or connect with me on
BlueSky,
LinkedIn, and
Twitter/X. Thanks for stopping by!
What's New?
I’ll be in Washington University in St. Louis in January-February and Florida State Univesity in Fall, please don’t hesitate to reach out if you’d like to connect while I’m there.
Research
Research Interests
Artificial Intelligence, Corporate Governance, Financial Technology, Machine Learning, Text Analysis
Working/Revision Papers
1. The Politicization of Social Responsibility
Revise and resubmit at Journal of Finance
Institutions support for socially responsible proposals varies based on state politics (donkey-elephant).
Institutions support for socially responsible proposals varies based on state politics (donkey-elephant).
2. A Shared Interest: Do Bonds Strengthen Equity Monitoring?
Revise and resubmit at Journal of Financial and Quantitative Analysis
Institutions (puppy) monitors firms more when it holds firms' bonds.
Institutions (puppy) monitors firms more when it holds firms' bonds.
3. ChatGPT and Corporate Policies
with
Jialin Qian,
Michael Weber, and
Baozhong Yang
arXiv, NBER, SSRN, Video | Becker Friedman, Chicago Booth Review, Harvard CorpGov, VoxEU
arXiv, NBER, SSRN, Video | Becker Friedman, Chicago Booth Review, Harvard CorpGov, VoxEU
Finalist for John L. Weinberg/IRRCi Best Paper Award 2024
Second Place Dr. Richard A. Crowell Memorial Prize 2023
ChatGPT could predict corporate policies, sometimes better than the market and forecasters.
Second Place Dr. Richard A. Crowell Memorial Prize 2023
ChatGPT could predict corporate policies, sometimes better than the market and forecasters.
4. Generative AI, Managerial Expectations, and Economic Activity
with
Jialin Qian,
Michael Weber, and
Baozhong Yang
arXiv, SSRN, Video | Chicago Booth Review, GSU News
arXiv, SSRN, Video | Chicago Booth Review, GSU News
We (owl) could use generative AI to predict economic indicators.
5. ESG Metrics in Executive Compensation: a Multitasking Approach
Best Working Paper, IE University’s Sustainability Research Award
ESG metrics in compensation contracts are accompanied with lower performance sensitivity for financial metrics.
ESG metrics in compensation contracts are accompanied with lower performance sensitivity for financial metrics.
Published/ Forthcoming Papers
1. Does Finance Benefit Society? A Language Embedding Approach
Review of Financial Studies, forthcoming
Capitalist countries (bull) discuss finance in a more positive context.
Capitalist countries (bull) discuss finance in a more positive context.
3. Natural Disaster Effects on Popular Sentiment Toward Finance
Journal of Financial and Quantitative Analysis, Volume 56, Number 7, November 2021, pp. 2584–2604
People (animals) have negative sentiment towards finance (bank) after uninsured disasters.
People (animals) have negative sentiment towards finance (bank) after uninsured disasters.
Teaching
Georgia State University
FI 8092: AI and Machine Learning Applications in Finance (2025-26)
FI 4020: Financial Analysis and Introduction to Loan Structuring (2021-25)
Washington University in St Louis
Teaching Assistant
Empirical Methods in Finance (PhD Level, 2019)
Advanced Corporate Finance: Financing, Mergers and Acquisitions, Valuation (2017–21)
Asset Pricing: Investment Theory, Options & Futures (2017)
Resources
Data
Finance Sentiment
- Sentiment toward finance in an annual panel spanning British English, Chinese, French, German, Italian, Russian, Spanish, and US English from 1870 to 2009. Reference: Jha, Manish and Liu, Hongyi and Manela, Asaf, Does Finance Benefit Society? A Language Embedding Approach, forthcoming in the Review of Financial Studies.
Conferences
AI Revolution in Finance, April 25–26, 2025 | Atlanta
GSU-MS AI & FinTech, October 3-4, 2025 | Atlanta
Miscellaneous
EB-1B Advice
- slides on my experience with outstanding professor visa.
Text Data in Finance
- slides from a three hour PhD class.
Finance JM Advice
- presentation for PhD students, explaining 2020 finance job market experience.
Business PhD Admissions
- explains the admission process for prospective students.
Procurement Basics
- basics of refinery equipment procurement.
Press
Featured Working Papers - Politicization of Social Responsibility
NBER, October 4, 2024 [PDF]
NBER, October 4, 2024 [PDF]
The politicisation of social responsibility
Centre for Economic Policy Research VoxEU, September 30, 2024 [PDF]
Centre for Economic Policy Research VoxEU, September 30, 2024 [PDF]
The Politicization of Social Responsibility
Harvard Corporate Governance Forum, September 4, 2024 [PDF]
Harvard Corporate Governance Forum, September 4, 2024 [PDF]
Seizing Generative AI to Forecast Economic Trends
Georgia State News Hub, Ground News, MSN.com, Phys.org, January 13, 2025 [PDF]
Georgia State News Hub, Ground News, MSN.com, Phys.org, January 13, 2025 [PDF]
October 2024's Top Papers in Quant Finance, Including AI & LLM in Finance
ZanistaAI, November 18, 2024 [PDF]
ZanistaAI, November 18, 2024 [PDF]
LLMs can measure and identify corporate policies
Chicago Booth Review Fall 2024 Magazine, September 21, 2024 [PDF]
Chicago Booth Review Fall 2024 Magazine, September 21, 2024 [PDF]
AI in Banking and Finance
Law and Technology Resources for Legal Professionals, February 29, 2024 [PDF]
Law and Technology Resources for Legal Professionals, February 29, 2024 [PDF]
22nd Annual Dr. RA Crowell Memorial Prize
AI Journal, Business Wire, PanAgora, Yahoo Singapore, February 27, 2024 [PDF]
AI Journal, Business Wire, PanAgora, Yahoo Singapore, February 27, 2024 [PDF]
Featured Working Papers - Spillovers from Bond Holdings
NBER, October 4, 2024 [PDF]
NBER, October 4, 2024 [PDF]
Bonds Improve Institutional Investors’ Equity Monitoring
Chicago Booth Promarket, May 10, 2023 [PDF]
Chicago Booth Promarket, May 10, 2023 [PDF]
Barking Up the Right Tree: How Shareholder Activists Raise Issues to Placate Large Mutual Funds
Chicago Booth Promarket, December 16, 2020 [PDF]
Chicago Booth Promarket, December 16, 2020 [PDF]
Can the Finance Industry Be Trusted This Time?
Bloomberg Opinion, Washington Post, August 10, 2020 [PDF]
Bloomberg Opinion, Washington Post, August 10, 2020 [PDF]
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