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 at mjha@gsu.edu or connect on LinkedIn and Twitter/X.

What's New? I will be attending the UConn Finance Conference in May and visiting Florida State University and the University of North Texas for fall seminars. Please feel free to reach out if you'd like to connect while I'm there.

Research

Interests: Artificial Intelligence, Corporate Governance, Financial Technology, Machine Learning, Text Analysis
Working & Revision Papers
No. 3
ChatGPT and Corporate Policies
Revise and resubmit at Management Science.
Finalist, 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.
No. 2
Generative AI, Managerial Expectations, and Economic Activity
We could use generative AI to predict economic indicators.
No. 1
ESG Metrics in Executive Compensation: a Multitasking Approach
Best Working Paper, IE University's Sustainability Research Award 2025.
ESG metrics in compensation contracts are accompanied with lower performance sensitivity for financial metrics.
Published & Accepted Papers
No. 5
The Politicization of Social Responsibility
Journal of Finance, Forthcoming.
Institutions' support for socially responsible proposals varies based on state politics.
No. 4
Does Finance Benefit Society? A Language Embedding Approach
Review of Financial Studies, Forthcoming.
Capitalist countries discuss finance in a more positive context.
No. 3
A Shared Interest: Do Bonds Strengthen Equity Monitoring?
Journal of Financial and Quantitative Analysis, 2026.
Institutions monitor firms more when they hold firms' bonds.
No. 2
Do Activists Align with Larger Mutual Funds?
Journal of Banking and Finance, Volume 173, April 2025.
Activists discuss issues that align well with larger institutions.
No. 1
Natural Disaster Effects on Popular Sentiment Toward Finance
Journal of Financial and Quantitative Analysis, Vol. 56, No. 7, November 2021.
People have negative sentiment towards finance 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 Dataset — Sentiment toward finance in an annual panel spanning British English, Chinese, French, German, Italian, Russian, Spanish, and US English from 1870 to 2009.

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 the outstanding professor visa.
Text Data in Finance — Slides from a three-hour PhD class.
Finance JM Advice — Presentation for PhD students on the 2020 finance job market experience.
Business PhD Admissions — Explains the admission process for prospective students.
Procurement Basics — Basics of refinery equipment procurement.

Media

How ESG Pay Metrics Change CEO Incentives [PDF]
Promarket · December 15, 2025
The Hidden Trade-Off in ESG Incentives [PDF]
IE Insights · December 9, 2025
When the State Shapes the Vote [PDF]
ECGI Blog · June 17, 2025
The Politicization of Social Responsibility [PDF]
Promarket · November 12, 2024
Featured Working Papers — Politicization of Social Responsibility [PDF]
NBER · October 4, 2024
The politicisation of social responsibility [PDF]
CEPR VoxEU · September 30, 2024
The Politicization of Social Responsibility [PDF]
Harvard Corporate Governance Forum · September 4, 2024
A New Tool for Predicting Economic Growth [PDF]
Chicago Booth Review · March 11, 2025
Seizing Generative AI to Forecast Economic Trends [PDF]
Georgia State News Hub, Ground News, MSN.com, Phys.org · January 13, 2025
LLMs can measure and identify corporate policies [PDF]
Chicago Booth Review Fall 2024 Magazine · September 21, 2024
What AI Sees in the Market (That You Might Not) [PDF]
Chicago Booth Review · September 3, 2024
AI Can Discover Corporate Policy Changes [PDF]
Chicago Booth Review · May 8, 2024
AI in Banking and Finance [PDF]
Law and Technology Resources for Legal Professionals · February 29, 2024
22nd Annual Dr. RA Crowell Memorial Prize [PDF]
AI Journal, Business Wire, PanAgora, Yahoo Singapore · February 27, 2024
Generative AI in Finance [PDF]
Journal of Banking & Finance Call for Papers · January 23, 2024
ChatGPT and corporate policies [PDF]
CEPR VoxEU · August 11, 2023
ChatGPT and Corporate Policies [PDF]
Becker Friedman Institute · August 10, 2023
ChatGPT and Corporate Policies [PDF]
Harvard Corporate Governance Forum · August 9, 2023
Featured Working Papers — Spillovers from Bond Holdings [PDF]
NBER · October 4, 2024
Selection Algos, Better Deals, and a Shared Interest [PDF]
The Investment Ecosystem · June 24, 2024
Bonds Improve Institutional Investors' Equity Monitoring [PDF]
Chicago Booth Promarket · May 10, 2023
Do Bonds Affect Equity Monitoring? [PDF]
Columbia Law School Blog · April 12, 2023
Citi Traders Didn't Know the Rules [PDF]
Bloomberg Opinion · December 4, 2024
Can the Finance Industry Be Trusted This Time? [PDF]
Bloomberg Opinion / Washington Post · August 10, 2020
Do People Think Finance Benefits Society? [PDF]
Chicago Booth Promarket · July 28, 2020