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Faculty Details
Meena Bhatia
Faculty
Contact Information
meenab@iimsambalpur.ac.in
Dr. Meena Bhatia is Professor of Finance and Accounting at the Indian Institute of Management Sambalpur. With over 27 years of experience across academia and industry, she combines deep financial expertise with proven leadership in academic administration and quality assurance.
She has previously served as Dean – Executive Education at BIMTECH, where she led executive training, faculty development, and online education, in addition to steering key institutional initiatives such as AACSB, NAAC, NIRF, and NBA accreditations, and serving as Convener for Assurance of Learning (AoL). Earlier, as Dean of the University of Bradford’s India Programme, she ensured academic parity with the UK campus and successfully navigated QAA validations. She also held the role of Director, IILM Graduate School of Management, overseeing curriculum design, academic governance, faculty development, and international collaborations with AACSB and EFMD.
Her research spans capital markets, behavioral finance, and valuation, with publications in leading national and international journals. She actively mentors Ph.D. scholars and contributes to academic conferences. Alongside research, she designs and delivers management development programmes in finance, investment analysis, and strategic costing for corporates, PSUs, and SMEs, and has provided consultancy to small and medium enterprises. She is currently engaged in a research project with the Multi-Commodity Exchange on commodity options strategies for enhancing participation of hedgers and small stakeholders.
Dr. Bhatia holds a Ph.D. and professional qualifications including FCMA, CFA, MBA, and B.Com (Hons.). A merit holder from the Institute of Cost Accountants of India and a scholarship awardee from ICFAI, she brings a strong blend of academic rigor and practical insights to her work.
She has previously served as Dean – Executive Education at BIMTECH, where she led executive training, faculty development, and online education, in addition to steering key institutional initiatives such as AACSB, NAAC, NIRF, and NBA accreditations, and serving as Convener for Assurance of Learning (AoL). Earlier, as Dean of the University of Bradford’s India Programme, she ensured academic parity with the UK campus and successfully navigated QAA validations. She also held the role of Director, IILM Graduate School of Management, overseeing curriculum design, academic governance, faculty development, and international collaborations with AACSB and EFMD.
Her research spans capital markets, behavioral finance, and valuation, with publications in leading national and international journals. She actively mentors Ph.D. scholars and contributes to academic conferences. Alongside research, she designs and delivers management development programmes in finance, investment analysis, and strategic costing for corporates, PSUs, and SMEs, and has provided consultancy to small and medium enterprises. She is currently engaged in a research project with the Multi-Commodity Exchange on commodity options strategies for enhancing participation of hedgers and small stakeholders.
Dr. Bhatia holds a Ph.D. and professional qualifications including FCMA, CFA, MBA, and B.Com (Hons.). A merit holder from the Institute of Cost Accountants of India and a scholarship awardee from ICFAI, she brings a strong blend of academic rigor and practical insights to her work.
1. Financial Accounting
2. Management Accounting
3. Corporate Finance
4. Personal Finance and wealth management
5. Investment management
6. Valuation
7. Management Control system
2. Management Accounting
3. Corporate Finance
4. Personal Finance and wealth management
5. Investment management
6. Valuation
7. Management Control system
I. Peer Reviewed Journal Publications :
II. Research Projects :
- Bhatia, M., & Mythili, M. (2025). Relative importance of various sources of information for equity investment decisions: A demographic study of Indian Investors. International Journal of Business Excellence, Vol.36 No.4, pp.507 – 529, Inderscience Publishers, DOI: 10.1504/IJBEX.2025.147808 (Scopus Indexed).
- Bhatia, M., Gugnani, R., Yaqub, M. Z., & Agarwal, V. (2025). Drivers and Challenges in Achieving Corporate Carbon Neutrality—Qualitative Investigation of Carbon Capture, Utilization, and Storage Technologies. Business Strategy and the Environment, 34(2), 1771–1791. https://doi.org/10.1002/bse.4068 (Category A, Scopus Indexed).
- Ansari, Z. J., Gupta, S., & Bhatia, M. (2024). Mapping the Conceptual and Intellectual Structure of the Investor’s Financial Behaviour: A Bibliometric Analysis. South Asian Journal of Business and Management Cases, 13(2), 228–258. https://doi.org/10.1177/22779779241264350 (Scopus Indexed).
- Masood, A., Zhang, Q., Singh, N., Meena, B., & Perano, M. (2024). Exploring leader’s unethical proorganizational behavior and follower attitudes toward knowledge hiding and sharing in the service industry: A social learning perspective. Journal of Knowledge Management, ahead-of-print(ahead-of-print). https://doi.org/10.1108/JKM-05-2023-0382 (Category A, Scopus Indexed).
- Zhou, Q., Shankar, A., Dixit, A., Bhatia, M., & Mehrotra, A. (2024). Current Dynamics and Future Growth of Online Travel Agencies. Journal of Global Information Management (JGIM), 32(1), 1–28. https://doi.org/10.4018/JGIM.341797 (Category A, Scopus Indexed).
- Bhatia, M., Meenakshi, N., Kaur, P., & Dhir, A. (2024). Digital technologies and carbon neutrality goals: An in-depth investigation of drivers, barriers, and risk mitigation strategies. Journal of Cleaner Production, 451, 141946. https://doi.org/10.1016/j.jclepro.2024.141946 (Category A, Scopus Indexed).
- Shang, Y., Ma, X., Bhatia, M., Alofaysan, H., & Walsh, S. T. (2024). Unveiling the enigma: Exploring how uncertain crude oil prices shape investment expenditure and efficiency in Chinese enterprises. Energy Economics, 107423. https://doi.org/10.1016/j.eneco.2024.107423 (Category A*, Scopus Indexed).
- Thawani, B., Panigrahi, T., & Bhatia, M. (2024). Eleven years of integrated reporting: A bibliometric analysis. International Journal of Disclosure and Governance. https://doi.org/10.1057/s41310-024-00229-4 (Category B, Scopus Indexed).
- Luqman, A., Zhang, Q., Talwar, S., Bhatia, M., & Dhir, A. (2024). Artificial intelligence and corporate carbon neutrality: A qualitative exploration. Business Strategy and the Environment, n/a(n/a). https://doi.org/10.1002/bse.3689 (Category A, Scopus Indexed).
- Truant, E., Giordino, D., Borlatto, E., & Bhatia, M. (2024). Drivers and barriers of smart technologies for circular economy: Leveraging smart circular economy implementation to nurture companies’ performance. Technological Forecasting and Social Change, 198, 122954. https://doi.org/10.1016/j.techfore.2023.122954. (Category A, Scopus Indexed).
- Sajjad, A., Zhang, Q., Asmi, F., Anwar, M. A., & Bhatia, M. (2024). Identifying the motivating factors to promote socially responsible consumption under circular economy: A perspective from norm activation theory. Journal of Retailing and Consumer Services, 76, 103544. https://doi.org/10.1016/j.jretconser.2023.103544 (Category A, Scopus Indexed).
- Truant, E., Borlatto, E., Crocco, E., & Bhatia, M. (2023). ESG performance and technological change: Current state-of-the-art, development and future directions. Journal of Cleaner Production, 429, 139493. https://doi.org/10.1016/j.jclepro.2023.139493. (Category A, Scopus Indexed).
- Bhatia, M. (2024). Study of factors influencing home insurance buying behaviour in India. International Journal of Indian Culture and Business Management, 33(2), 262–284. https://doi.org/10.1504/IJICBM.2024.141974 (ABS 1, Web of Science Indexed).
- Thawani, B., & Bhatia, M. (2024). Antecedents of Integrated Reporting adoption: Evidence from an emerging economy. International Journal of Managerial and Financial Accounting, 16(3), 330–352. https://doi.org/10.1504/IJMFA.2024.139516 (Category B, Scopus Indexed).
- Vishnani, S., Bhatia, M. & Singh, N (in press). Unveiling the connection: R&D Expenditure and Earnings Management in Indian Pharmaceutical Sector. International Journal of Managerial and Financial Accounting (Category B, Scopus Indexed).
- Bhatia, M. (in press). Annual reports and company announcements utility for investment decisions: An Indian study. International Journal of Business Excellence, Inderscience Publishers, (Scopus Indexed).
- Singh, J., & Bhatia, M. (in press). Analysis of sustainability reporting and SDG disclosures using NLP evidence from the Indian pharmaceutical sector. Afro-Asian J. of Finance and Accounting (Category C, Scopus Indexed).
- Bhatia, M., Mehrotra, V., & Thawani, B. (2023). Firm Characteristics and Adoption of Integrated Reporting: An Emerging Market Perspective. Global Business Review, 09721509231160872. https://doi.org/10.1177/09721509231160872 (Category C, Scopus Indexed).
- Bhatia, M. (2023). Do women use annual reports differently than men? A case of India. Global Business and Economics Review, 29(2), 212–228. https://doi.org/10.1504/GBER.2023.132661 (Category C, Scopus Indexed).
- Bhatia, M. (2023). Use of information sources, annual reports and other corporate announcements: The case of large and small investors of India. Afro-Asian J. of Finance and Accounting, 13(6), 714–734. https://doi.org/10.1504/AAJFA.2023.134697 (Category C, Scopus Indexed).
- Mulenga, M. J., & Bhatia, M. (2023). Predictive ability of operating cash flow and earnings on future cash flow of NSE-listed firms. Afro-Asian J. of Finance and Accounting, 13(6), 693–713. https://doi.org/10.1504/AAJFA.2023.134695 (Category C, Scopus Indexed).
- Pant, K., Bhatia, M., & Pant, R. (2022). Integrated care with digital health innovation: pressing challenges. Journal of Integrated Care, 30(4), 324-334. https://doi.org/10.1108/JICA-01-2022-0008 (Scopus Indexed).
- Chaudhary, M., Agarwal, B., & Bhatia, M. (2022). Geographical indications in India: A case of Handicraft industry in Uttar Pradesh. The Journal of World Intellectual Property, 25(3), 617–634. https://doi.org/10.1111/jwip.12244 (Category C, Scopus Indexed).
- Chaudhary, M., Agarwal, B., & Bhatia, M. (2022b). Socio-Economic Condition of Small-Scale Producers in Varanasi: A Case of Banaras Brocade and Saree. Journal of Intellectual Property Rights (JIPR), 26(5), Article 5. https://doi.org/10.56042/jipr.v26i5.50736 (Scopus Indexed).
- Kukreja, G., Gupta, S., & Bhatia, M. (2021). The Failure of Corporate Governance at Infrastructure Leasing and Financial Services Limited: Lessons Learnt. South Asian Journal of Business and Management Cases, 10(1), 63–76. https://doi.org/10.1177/2277977921991897 (Scopus indexed).
- Kumar, S., Kumar, H., & Bhatia, M. (2022). Linking carbon emission and economic growth: Case from developing economies of the Asian region. Environmental Quality Management, 31(4), 449–460. https://doi.org/10.1002/tqem.21830 (Scopus indexed).
- Mulenga, M., & Bhatia, M. (2020). Relevance of earnings and book value: Evidence from listed pharmaceutical companies. Corporate Ownership & Control, 18(1), 196-206. https://doi.org/10.22495/cocv18i1art15 (Category B).
- Mulenga, M. J., & Bhatia, M. (2020). Value relevance of reported financials of NSE listed companies. Afro-Asian Journal of Finance and Accounting, 10(3), 295–319. https://doi.org/10.1504/AAJFA.2020.108242 (Category C, Scopus Indexed).
- Bhatia, M., & Mulenga, M. J. (2019). Do Accounting Numbers Have Any Relation with Stock Prices? A Case of Public and Private Sector Banks of India. Theoretical Economics Letters, 9(5), Article 5. https://doi.org/10.4236/tel.2019.95107
- Bhatia, M., & Mulenga, M. J. (2019). Value Relevance of Accounting Information: A Review of Empirical Evidence Across Continents. Jindal Journal of Business Research, 8(2), 179–193. https://doi.org/10.1177/2278682118823307
- Bhatia, M., & Mulenga, M. J. (2019c). Value relevance of accounting information: Comparative study of Indian public and private sector banks. International Journal of Indian Culture and Business Management, 18(1), 12–33. https://doi.org/10.1504/IJICBM.2019.096922 (Category C, Web of Science Indexed).
- Vishnani, S., & Bhatia, M. (2019). Accounting conservatism and corporate governance: Evidence from the Indian banking sector. International Journal of Indian Culture and Business Management, 19(3), 303–318. https://doi.org/10.1504/IJICBM.2019.102003 (Category C, Web of Science Indexed).
- Mulenga, M., & Bhatia, M. (2018). Review of Accounting Variables Affecting Stock Price Movements. Amity Business Review, 19(1), 91-105.
- Bhatia, M. (2018). Capital Market and Financial Statements. Management Accountant, 53(4), 54-58.
- Bhatia, M., & Charurvedi, R. (2017). Exploratory study on alternate Investment Fund in India. EIRC news, Institute of Cost Accountants of India, 10(8), 7-11.
- Bhatia, M. (2017). Demystifying Accounting Conservatism. Chartered Accountant Journal, 66(2), 230-239.
- Mulenga, M. and Bhatia, M. (2017) The Review of Literature on the Role of Earnings, Cash Flow and Accruals in Predicting Future Cash Flows. Accounting and Finance Research, 6, 59-70. https://doi.org/10.5430/afr.v6n2p59 (Category C).
- Bhatia, M., & Mehrotra, V. (2016). Determinants of Intellectual Capital Disclosure: Evidence from Indian Banking Sector. South Asian Journal of Management, 23(1), 89-111.
- Bhatia, M. (2015). Financial literacy: Propulsion for the Indian Financial system. The Management Accountant, 50(9), 46-51.
- Bhatia, M. (2015). Insights into financial ratios communication by NSE 100 companies. The Management Accountant, 50(6), 108-113.
- Bhatia, M., & Dhamija, S. (2015). Voluntary Disclosure of Financial Ratios in India. South Asian Journal of Management, 22(1), 28-49.
- Bhatia, M., & Agarwal (2015). Intellectual Capital Disclosures in IPO Prospectuses of Indian Companies. International Journal of Social Sciences and Management, January 2015, Issue 1, Vol 2, pp 40-51.
- Bhatia, M. (2013). Companies Act 2013: Changing landscape of Corporate Governance and CSR. The Management Accountant, 48(11), 1288-1293.
- Bhatia, M. (2013). Growth and Future Prospects of Currency Derivatives in India. International Research Journal of Finance and Economics (IRJFE), 106, 31-43.
- Bhatia M and Gupta S (2006). “Saga Named Derivatives”, Need the dough, June – August 2006, pp 40-45
- Bhatia M (2006). “Indian Brokerage Industry: Shift in Paradigm” Need the dough, March 2006, Volume I Issue I.
II. Research Projects :
- Commodity Options Strategies for Easing Participation of Hedgers and Small Stakeholders with Multi-Commodity Exchange, with a research funding of Rs 13,34,580.
I. Have conducted more than 100 mdp sessions with NTPC, PowerGrid, IFFCO, NHPC executives broadly in the area of
i. Understanding financial statements
ii. Financial Health of an organisation
iii. Personal Finance
iv. Finance for Non Finance executives and
v. Financial Management /Corporate Finance
II. Conducted sessions on “Developing Value Creating Mind-set" in Leadership Development Programme (LDP) for senior executives of NLCIL (1st-4th July 2018)
III. Programme Director and trainer for MDP on Investment Management at NTPC Power Management Institute
IV. Trainer for financial statements and analysis in Women Entrepreneurs Certificate Programme of Goldman Sachs in August 2013
i. Understanding financial statements
ii. Financial Health of an organisation
iii. Personal Finance
iv. Finance for Non Finance executives and
v. Financial Management /Corporate Finance
II. Conducted sessions on “Developing Value Creating Mind-set" in Leadership Development Programme (LDP) for senior executives of NLCIL (1st-4th July 2018)
III. Programme Director and trainer for MDP on Investment Management at NTPC Power Management Institute
IV. Trainer for financial statements and analysis in Women Entrepreneurs Certificate Programme of Goldman Sachs in August 2013