User:Richardo42/DRAFT kp

Krishna G Palepu is the Ross Graham Walker Professor of Business Administration and Senior Associate Dean for International Development, at the Harvard Business School.

Education
Krishna Palepu has a Masters degree in Physics from Andhra University in India, a post graduate diploma in Management from the Indian Institute of Management Calcutta, a doctorate from the Massachusetts Institute of Technology and an honorary doctorate from the Helsinki School of Economics and Business Administration.

Academics
Krishna Palepu's research has been in the areas of strategy in emerging markets, corporate governance and corporate disclosure. His work focuses on making corporate boards more effective, and improving corporate disclosure. In the area of strategy, his focus has been on the globalization of emerging markets, particularly India and China, and the resulting opportunities and challenges for western multinationals as well as local companies with global aspirations in these countries.

In his prior work, he has done research and published papers on mergers and acquisitions and corporate disclosure. He has been on the Editorial Boards of leading academic journals.

Books
In Winning in Emerging Markets, released in 2010, Tarun Khanna and Palepu outline a practical framework for developing emerging market strategies based not on broad categorical definitions like geography, but on a structural understanding of these markets. Their framework describes how “institutional voids” – the absence of intermediaries like market research firms and credit card systems to efficiently connect buyers and sellers – create daunting obstacles for companies trying to operate in emerging markets. Understanding these voids – and learning how to work with them in specific markets – is the key to success.
 * Winning in Emerging Markets

The fourth edition of Business Analysis And Valuation Using Financial Statements: Text and Cases was published by Thomson Southwestern in 2007. Based on Palepu's research on mergers and acquisitions, finance and corporate disclosure, this textbook is widely used in college and MBA courses on business analysis and valuation. It has been translated into Chinese, Japanese and Spanish.
 * Business Analysis and Valuation Using Financial Statements

The book won the American Accounting Association's Wildman Award for its impact on management practice, as well as the Notable Contribution to the Accounting Literature Award for its impact on academic research.

It is accompanied by a business analysis and valuation software model published by the Harvard Business School Publishing Company.

Publications
Professor Palepu has published numerous articles in academic journals and practitioner-oriented publications including Journal of Accounting and Economics, The Accounting Review, Harvard Business Review, MIT Sloan Management Review, Brown Journal of World Affairs, Strategic Finance, Contemporary Accounting Research, the Journal of Finance, Academy of Management Journal, Journal of Accounting Research, Journal of International Business Studies, and The Review of Economics and Statistics.

He has also published dozens of Harvard Business School cases and course materials.

Teaching
Professor Palepu teaches courses in the Accounting and Control unit and courses on strategy in emerging markets at Harvard Business School (HBS). He also teaches in several executive programs at HBS.

Board memberships
Palepu has been a director of a number of companies around the world. He has been on the board of Brooks Automation, a semi-conductor equipment and materials company since November 2005. He is also a director of BTM Corporation, a management solutions provider focused on converging business with technology. He is a director since 2008 of Partners Harvard Medical International, a non-profit subsidiary of Partners Healthcare Systems, Inc. He currently serves on the board of Exeter Group, a privately held computer software consulting company in Cambridge, Massachusetts. He served on the board of Polymedica, a provider of diabetes testing supplies and products from June 2006 until it was sold in August 2007. He was on the board of Satyam Computer Services from 2003 to 2008. Palepu has stated he resigned in 2008 after learning that the promoters of Satyam pledged their shares with financial institutions, without previously notifying the board. In 2009, the company announced that the Chairman, who was later arrested, had been falsifying financial statements. In July 2010, the SFIO claimed fees that Satyam paid, which were fully disclosed in annual reports and approved by shareholders, allegedly should have gotten prior approval by the Indian government, but Satyam is disputing the contention that Indian government approval was required. PricewaterhouseCoopers audited Satyam and has been charged with numerous violations for its role in giving clean audit reports, as well as withholding information of fraud from the Board. Palepu was a non-executive director of Dr. Reddy's Laboratories from 2002 to 2009. The board expressed appreciation for his contribution to the company. Professor Palepu has a Professional Director Certification from the American College of Corporate Directors.

Books

 * Business Analysis And Valuation Using Financial Statements: Text and Cases (2007)
 * Winning in Emerging Markets (2010)

Journals