FACULTY
Learning from some of the best minds in education and in the industry
Prof. Muhammed Suhail PS
Assistant Professor - Finance
Email: muhammed.ps@flame.edu.in
PhD - Finance and Accounting | Indian Institute of Technology, Madras, Tamil Nadu, India
MBA - Finance and Marketing | Cochin University of Science and Technology, Kerala, India
B.Com - Finance and Taxation | Mahatma Gandhi University, Kerala, India
BIO
Prof. Muhammed Suhail PS is an Assistant Professor of Finance at FLAME University, Pune. He holds a doctoral degree in Finance from the Indian Institute of Technology (IIT) Madras, a Master of Business Administration (Finance) from Cochin University of Science and Technology, Kerala, and a Bachelor of Commerce (Finance and Taxation) from Mahatma Gandhi University, Kerala.
Before embarking on his doctoral studies, Prof. Suhail gained industry experience at Ernst & Young (EY), Kochi, and completed an internship in the Accounts division at Apollo Tyres Ltd. During his doctoral tenure at IIT Madras, he served as a teaching assistant across multiple academic programs. He has also contributed as an instructional designer and part-time faculty member for online learning platforms, including Learnwise and Prepwise, developing and delivering courses in finance and accounting to a broad and diverse learner base.
Prof. Suhail’s research has been published in peer-reviewed journals and edited volumes, and presented at leading national and international conferences. His scholarly work focuses on early warning signals of financial distress, financial reporting quality, and corporate governance practices among financially distressed firms. His research interests span financial distress, insolvency and bankruptcy, corporate governance, earnings management, financial reporting, ESG, Greenwashing Real estate finance and Fintech.
RESEARCH & PUBLICATIONS
Peer-Reviewed Journal Articles - Published
- Suhail, M. P. S., Goswami, R., & Gopalaswamy, A. K. (2025). Corporate governance mechanisms and financial distress: Evidence from a meta-analytic perspective. Journal of Management Control, 36, 345–391. https://doi.org/10.1007/s00187-025-00404-w [ABDC-A | Q1]
- Suhail, M. P. S., and Gopalaswamy, A. K. (2024). Earnings management among distressed firms and its determinants: Evidence from India. Journal of Chinese Economic and Business Studies (Vol. 22, No. 4, 477–507). https://doi.org/10.1080/14765284.2024.2396269 [ABDC-C | Q1]
- Suhail, M. P. S., and Gopalaswamy, A. K. (2024). Financial signals, reporting anomalies and financial distress: A systematic review. Quarterly Journal of Finance and Accounting, Vol. 62, No. 1/2, pp. 51–86. https://www.jstor.org/stable/27378789 [ABDC-B]
Book Chapters - Published
- Suhail, M. P. S., and Gopalaswamy, A. K. (2023). Empirical analysis of early signals for financial distress using accounting, market, and reporting anomaly variables. In Navdrishti – Emerging Ideas on IBC (Vol. II, pp. 397–421). Insolvency and Bankruptcy Board of India (IBBI). https://ibbi.gov.in/uploads/publication/a06c288c54627bad9b3b8f6ae322f0e3.pdf
- Suhail, M. P. S., and Gopalaswamy, A. K. (2024). Earnings management strategies during financial distress: Evidence on incentives and trade-off between accrual and real earnings management. In Singh, S., & Jain, S. (Eds.), Financial Markets and Corporate Finance — ICFMCF 2023. Springer Proceedings in Business and Economics. https://link.springer.com/chapter/10.1007/978-981-97-6242-2_14
Peer-Reviewed Journal Articles - Under Review
- Suhail, M. P. S., Goswami, R., and Gopalaswamy, A. K. (2024). Does ownership identity matter for board governance? Evidence from the Indian emerging market. Corporate Governance.
- Suhail, M. P. S., Goswami, R., and Gopalaswamy, A. K. (2024). Corporate governance and financial distress: A systematic review. Indian Journal of Corporate Governance.
Working Papers
- Suhail, M. P. S., Goswami, R. Bumb, A. (2026). What Drives Real Estate Investment Trust Performance? A Meta-Regression Analysis of 25 Years of Global Evidence.
- Suhail, M. P. S., Goswami, R., Sikkaria, S., and Raj, S. (2026). Steering Sustainability: How Corporate Governance Shapes ESG Performance: A Meta-Analytic Perspective.
- Suhail, M. P. S., Goswami, R., and Arcota, T. (2026). Antecedents of Greenwashing Behaviour
- Suhail, M. P. S., Goswami, R., and Ali, A. (2026). Peer-to-Peer (P2P) Lending in Financial Technology (FinTech): What Drives Success and Default Rates?
ACADEMIC CONFERENCE PRESENTATIONS
- Suhail, M. P. S., and Arcota, T. (2025). Financial distress and investment decisions: Evidence from Indian companies. 10th PAN-IIM World Management Conference (WMC) 2025, IIM Ranchi, January 2025.
- Suhail, M. P. S., and Sisodia, D. (2025). From risk oversight to recovery: Evaluating RMC effectiveness in financially distressed firms. 10th PAN-IIM World Management Conference (WMC) 2025, IIM Ranchi, January 2025.
- Suhail, M. P. S., and Gopalaswamy, A. K. (2025). Corporate governance disclosures and financial distress: Insights from India. 20th EAEA Convention, Manila, Philippines, November 2025.
- Suhail, M. P. S., and Gopalaswamy, A. K. (2024). Beyond numbers: Influence of corporate governance quality on financial distress. 3rd International Research Conference on Insolvency and Bankruptcy, Indian School of Business, Hyderabad, 2nd–3rd July 2024.
- Suhail, M. P. S., and Gopalaswamy, A. K. (2024). Internal corporate governance quality and financial distress: Insights from liquidation and resolution sample. Research Symposium on Finance and Economics, IFMR Graduate School of Business, Andhra Pradesh, 2nd–4th June 2024.
- Suhail, M. P. S., and Gopalaswamy, A. K. (2023). Firm-level incentives and trade-off between earnings management strategies: Evidence from distressed firms in India. 9th PAN-IIM World Management Conference (WMC), Indian Institute of Management Sambalpur, 22nd–24th January 2024.
- Suhail, M. P. S., and Gopalaswamy, A. K. (2023). Earnings management and financial distress: The role of regulation, capital infusion, institutional ownership, and accounting flexibility. 16th ISDSI Global Conference 2023, Indian Institute of Management Ranchi, 27th–29th December 2023.
- Suhail, M. P. S., and Gopalaswamy, A. K. (2023). Earnings management strategies during financial distress: Evidence from India. World Finance Conference, University of Agder, Norway, 2nd–4th August 2023.
- Suhail, M. P. S., and Gopalaswamy, A. K. (2023). Earnings management strategies during financial distress: Evidence on incentives and trade-off between accrual and real earnings management. 5th International Conference on Financial Markets & Corporate Finance (ICFMCF 2023), Indian Institute of Technology Delhi, 6th–8th July 2023.
- Suhail, M. P. S., and Gopalaswamy, A. K. (2023). Empirical analysis of early signals for financial distress using accounting, market, and reporting anomaly variables. 2nd International Research Conference on Insolvency and Bankruptcy, Indian Institute of Management Bangalore, 23rd–25th February 2023.
AWARDS AND HONORS
- UGC National Eligibility Test (NET) in Commerce and Management, July and December 2018.
- Recipient of MHRD Doctoral Fellowship, Indian Institute of Technology Madras, 2019–2024.