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Manju Puri

Professor of Business Administration
Fuqua School of Business

Overview


Manju Puri is the J. B. Fuqua Professor at the Fuqua School of Business, Duke University. She is a member of the finance faculty and is on the Advisory Board of the Center of Entrepreneurship and Innovation. Professor Puri earned her MBA from the Indian Institute of Management, Ahmedabad, and her Ph.D in Finance from Stern School, New York University, after which she joined the faculty of the Stanford Business School. She moved to Fuqua in 2003.

Professor Puri’s expertise is in the area of empirical corporate finance and financial intermediation, with focus on commercial banks, investment banks, venture capital and entrepreneurship. Her research has won multiple awards including two Western Finance Association best paper awards, and two Fama-DFA best paper awards in Journal of Financial Economics. Professor Puri’s research has appeared in publications such as American Economic Review, Journal of Finance, Journal of Financial Economics, and Review of Financial Studies. Professor Puri has served as coeditor of the Journal of Financial Intermediation, as well as on the editorial boards of several journals including the Journal of Finance, Journal of Money, Credit and Banking, Journal of Empirical Finance, Journal of Financial Research and Journal of Financial Services Research. She is a Research Associate with the National Bureau of Economic Research. She has received grants from the FDIC, National Science Foundation, and was selected as an Alfred P. Sloan Foundation Fellow.

Professor Puri’s work is relevant in understanding the role of venture capitalists in startups, entrepreneurial attitudes, bank-firm and bank-depositor relationships, the scope of bank activities, how shocks to banks get transmitted internationally, and factors underlying bank runs. Professor Puri teaches an elective she created on “Raising Capital” for the MBA students at Fuqua. She has also taught a Ph.D class on Empirical Corporate Finance and has taught Advanced Corporate Finance, and Venture Capital Financing at Fuqua and Stanford Business School.

Current Appointments & Affiliations


Professor of Business Administration · 2007 - Present Fuqua School of Business

Recent Publications


Private Equity and Financial Stability: Evidence from Failed-Bank Resolution in the Crisis

Journal Article Journal of Finance · February 1, 2025 This paper investigates the role of private equity (PE) in failed-bank resolutions after the 2008 financial crisis, using proprietary Federal Deposit Insurance Corporation failed-bank acquisition data. PE investors made substantial investments in underperf ... Full text Cite

FinTech Lending

Journal Article Annual Review of Financial Economics · November 1, 2022 In this article, we review the growing literature on financial technology (FinTech) lending - the provision of credit facilitated by technology that improves the customer-lender interaction or used in lenders screening and monitoring of borrowers. FinTech ... Full text Cite

What Explains Differences in Finance Research Productivity during the Pandemic?

Journal Article Journal of Finance · August 1, 2021 Based on a survey of American Finance Association members, we analyze how demographics, time allocation, production mechanisms, and institutional factors affect research production during the pandemic. Consistent with the literature, research productivity ... Full text Cite
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