Prof. Gopal Krishnan is a trustee professor of accountancy and the coordinator of the PhD program in accounting at Bentley University. Before joining Bentley, he was the chair of the Accounting Department at Kogod School of Business, American University, Washington, D.C. He has also taught at Lehigh University and George Mason University. He is a chartered accountant, certified public accountant, and a certified management accountant. Professor Krishnan is cited in the Who’s Who Among America’s Teachers for his teaching excellence. His research addresses issues concerning auditor independence and audit quality, corporate governance and earnings management. He has published 80 articles in accounting and finance journals, including Accounting, Organizations and Society, Contemporary Accounting Research, The Accounting Review, Review of Accounting Studies, Journal of Banking & Finance, Journal of the American Taxation Association, Auditing: A Journal of Practice & Theory, Journal of Accounting and Public Policy, Accounting Horizons, Journal of Management Accounting Research, and Journal of Business Ethics. His work has been featured in Bloomberg Businessweek, Accounting Today, CNBC.com, Reuters, CFOWorld, and CFO.com. His co-authored article on a synthesis of audit-quality literature was awarded the 2016 Best Paper Award by the Auditing Section of the American Accounting Association. He was a senior editor of Accounting Horizons and holds a PhD from the University of North Texas.
Business groups (BGs) are dominant forms of industrial organization in India. For example, BG-affiliated firms account for 67 per cent of the total Bombay Stock Exchange market capitalization. However, despite the importance of BGs in India, there is a paucity of empirical research on the quality of audits of firms affiliated with BGs. Prof. Krishnan’s Fulbright-Nehru project is conducting an empirical study of the audit quality of Indian firms which are affiliated with BGs. Specifically, the study is examining whether there is a difference in audit quality between Indian firms affiliated with BGs and those that are unaffiliated (standalone firms).