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Name Dr. Tarak Nath Sahu
Designation Assistant Professor
Department Name COMMERCE
Office Phone No +91 3222 298-422 / Centrex Extn. 422
Email ID
Fax 03222-275297
Mobile No 9474971927
Personal Website
Address Department of Commerce, Vidyasagar University Midnapore-721 102, West Bengal, India
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Educational Qualification              
Degree NameInstituteYear of passing/awarded
MBA (Finance)Indira Gandhi National Open University2018
Ph.D.Vidyasagar University2014
M.Phil.Burdwan University2008
M.Com.Vidyasagar University2005
Career Profile / Teaching Experience        
Assistant Professor, Department of Commerce with Farm Management, Vidyasagar University since 17th August, 2007
Guest Faculty, Department of Business Administration, Vidyasagar University since 2007
Specialization/Research Area
Field of SpecializationResearch Area/ Areas of Interest
Corporate Finance, Corporate Governance
Financial Markets
Corporate Social Responsibility, Corporate Sustainability
Financial Inclusion
Financial Economics
Course/ Subject Taught 
Financial Management
Indian Financial System
Financial Statement Analysis
Security Analysis
Business Statistics
Conference/ Symposium /Journal Paper / Books Published
International Publication
TitlePublished inYearPublished by
Efficiency of Public Sector Banks in Achieving the Goal of PMJDY and PMMYInternational Journal of Economics and Business Research (SCOPUS Indexed and ABDC Listed Journal) (ISSN: 1756-9850, EISSN: 1756-9869) (Accepted for Publication)2021Inderscience
Ownership Concentration and Agency Crises in Indian Manufacturing FirmsBusiness Perspectives and Research (SCOPUS Indexed and ABDC Listed Journal) (ISSN: 2278-5337, Online ISSN: 2394-9937), 9(1), pp. 128–143
How far FDI is Relevant towards India’s Foreign Trade Growth? An Empirical InvestigationJournal of Economic Structures (SCOPUS Indexed Journal) (ISSN:2193-2409), 9 (30), pp 01-192020Springer
How Financially Inclusive the Asian’s are - An Empirical AnalysisRajagiri Management Journal, 14 (1) pp. 49-69 (ISSN:0972-9968)2020Emerald
Growth in Foreign Trade in Liberalized India: The Relevance of FDIGlobal Business Review (SCOPUS & Web of Science Indexed and ABDC Listed Journal, ISSN: 0972-1509) (Accepted for Publication)2020SAGE
Role of Public Sector Banks towards Financial Inclusion during Pre and Post Introduction of PMJDY: A Study on Efficiency ReviewRajagiri Management Journal, 14(2), pp. 95-105 (ISSN:0972-9968)2020Emerald
Assessing Efficiency of Private Sector Banks in India – An Empirical Investigation using DEAInternational Journal of Financial Services Management (ABDC Listed Journal), 10(2), pp. 138-155 (ISSN online 1741-8062, ISSN print 1460-6712)2020Inderscience
Covid-19: Triggers Fear Psychosis among Private Sector EmployeesJournal of Labor and Society (Web of Science Indexed Journal) (ISSN: 2471-4607) pp. 01-11, DOI:10.1111/wusa.124902020Wiley-Blackwell
Livelihood Transformation through Microfinance: An Empirical Investigation on Tribal Entrepreneurs in IndiaInternational Journal of Business Innovation and Research (SCOPUS Indexed Journal) (ISSN: 1751-0252, Online ISSN: 1751-0260) (Accepted for Publication)2020Inderscience
Metamorphosis of Regional Rural Banks: An Investigation of Structural Change and their Expansion of Branch Coverage in Rural IndiaAnalytics in Finance and Risk Management (Accepted for Publication)2020Taylor & Francis

National Publication
TitlePublished inYearPublished by
Determinants of Financial Inclusion in India: An Empirical ExaminationBusiness Practices and Sustainability, pp. 273-289 (ISBN: 978-93-5406-346-6)2020Vidyasagar University
Investment Behaviour of Retail Investors Based on Individual Heterogeneity and Psychological BiasesArtha Vijnana (ISSN: 0971-586X), (Accepted for Publication)2020Gokhale Institute of Politics and Economics, Pune
Board Independence and Sustainability Disclosure Practices in Indian CompaniesAbhigyan (ISSN 0970-2385) (Accepted for Publication)2020FORE Management of School, New Delhi
Analysing the Efficiency of MFIs towards Financial Inclusion- A Study on West BengalInnovative Business Practices in a V.U.C.A. World (Edited Book), pp. 99-106, (ISBN: 978-93-89657-14-2)2020Bharti Publications, New Delhi
A Comparative Study on Non-performing Assets of the Two New Private Banks of Bandhan and IDFCInnovative Business Practices in a V.U.C.A. World (Edited Book), pp. 107-117, (ISBN: 978-93-89657-14-2)2020Bharti Publications, New Delhi
Comparative Analysis on Social Banking and Role of Credit Recovery Management of Selected Banks in IndiaBusiness Practices and Sustainability, pp. 194-228 (ISBN: 978-93-5406-346-6)2020Vidyasagar University
The Effect of Corporate Governance and Firm’s Characteristics on Environmental Reporting of Indian CompaniesSelected Essays on perspectives of Man and Environment, pp. 188-199 (Accepted for Publication)2020BUUKS Publishing, Chennai, Tamil Nadu
Effectiveness of Conciliation in Resolving Industrial Disputes in West Bengal (Jointly with Kallol Dutt and Dr. Debasish Biswas)Sambodhi, (ISSN: 2249-6661) Vol- 43, No.-4, pp. 4-102020L.D. Institute of Indology, Ahmedabad
Functioning of Adjudicatory Machinery under the Industrial Disputes Act, 1947 in West BengalIndian Journal of Law and Justice (ISSN: 0976-3570), 10(2), pp. 277-283.2019University of North Bengal
A Study on Regional Disparity of Bank Performance towards Financial InclusionManagement Today, 9(1), pp. 24-31 (Print ISSN: 2230-9764, Online ISSN: 2348-3989)2019Gokaraju Rangaraju Institute of Engineering and Technology, Hyderabad

Other Publication
TitlePublished inYearPublished by
A Study on Efficiency Review of Public Sector Banks towards Financial Inclusion during Pre and Post Introduction of PMJDYTransformation of the Global Economy (ISBN: 978-93-88237-81-9)2019Excel India Publishers
Factors Influencing Behaviour of Individual Investor in Stock Market: A Case Study in West Bengal (Co-author: A. K. Sarkar)Proceedings of the First Doctoral Colloquium - 2017 of IMS Business School, pp. 32-39 (ISBN- 978-93-85895-57-9)2017IMS Business School in Collaboration with International Journal of Commerce and Management Research, New Delhi
The Nature and the Causal Relationship between Security Prices and Macroeconomic Variables in India- An Empirical StudyProceedings of the Seminar on Eighty Fifth Orientation Programme2010UGC Academic Staff College, University of Calcutta, Kolkata

Books Published
Title of the BookPublished byYearRole
Business Practices and Sustainability, ISBN: 978-93-5406-346-6Vidyasagar University2020Editor
Governance led Corporate Performance: Theory and Practice, ISBN: 978-1-78973-848-3 (Print) ISBN: 978-1-78973-847-6 (Online) ISBN: 978-1-78973-849-0 (Epub)Emerald, UK2019Author
Investment Behaviour: Towards an Individual-Centred Financial Policy in Developing Economies, ISBN: 978-1-78756-280-6 (Print), ISBN: 978-1-78756-279-0 (Online) ISBN: 978-1-78756-281-3 (Epub) .Emerald, UK2018Author
Financial Inclusion and Inclusive Growth (ISBN: 978-93-5258-522-9)Vidyasagar University2016Editor
Financial Inclusion in the Pursuit of Poverty Reduction and Growth (ISBN: 978-93-5258-525-0)Ghatal Rabindra Satabarsiki Mahavidyalaya2016Editor
Financial Sector Reforms in Developing Economies (ISBN: 978-81-928721-1-7)Rohini Nandan Publisher, Kolkata2015Editor
Macroeconomic Variables and Security Prices in India during the Liberalized Period, ISBN 978–1–137–49200–5 (Print), ISBN 978–1–137–49202–9 (ebook), ISBN 978–1–137–49201–2 (ebook)Palgrave Macmillan (Springer), New York2015Author
Microfinance and Financial Inclusion in Developing Economies (ISBN: 978-81-9230348-2)SPS Education India Pvt. Ltd., Kolkata2012Editor
Ph. D. Thesis Guidance
Ongoing / Submitted Ph. D. Thesis
Scholar NameThesis TitleCo SupervisorStatusComplete in Year
Kallol DuttEvaluation of Industrial Disputes Resolution Mechanism in West BengalDr. Debasish BiswasSubmitted2020
Ritu PareekCorporate Governance, Performance and Sustainability: A Study on Selected Indian CompaniesProf. Arindam GuptaOngoing 
Suchismita GhoshEnvironmental Pollution, Firms Characteristics and Environmental Sustainability of Selected Indian CompaniesN.A.Ongoing 

Awarded Ph. D. Thesis
Scholar NameThesis TitleCo SupervisorStatusComplete in Year
Krishna Dayal PandeyEffect of Capital Structure and Ownership Structure on Corporate Performance – Study on Selected Indian CompaniesN.A.Awarded2020
Srimoyee DattaRole of Microfinance Institutions towards Financial Inclusion in the Selected Backward Districts of West BengalN.A.Awarded2019
Shib Sankar JanaForeign Investment and Indian Economic Development: A Study in the Era of LiberalisationN.A.Awarded2019
CMA Sudarshan MaityRole of Public Sector Banks and Private Sector Banks in Financial Inclusion in IndiaN.A.Awarded2018
Apu MannaImpact of Ownership Structure and Board Composition on Corporate Performance: A study with reference to selected Indian CompaniesProf. Arindam GuptaAwarded2018
Arup Kumar SarkarAn Enquiry into the Effect of Demographic Factors, Awareness and Perceived Risk Attitude on Investment Behaviour in Stock Market: A Study in the Context of Individual Investors of West Bengal N.A.Awarded2017
Project Work

Ongoing Project Works
Project titleWorked asFunding AgencyAmount in Rs.Duration in yearsPeriod
Year to Year
Effectiveness of Pradhan Mantri Mudra Yojana in Employment Generation and Livelihood Transformation of Tribal Women Entrepreneurs in West BengalPrincipal InvestigatorIMPRESS- ICSSR5250002 year20192021

Completed Project Works
Project titleWorked asFunding AgencyAmount in Rs.Duration in yearsPeriod
Year to Year
Outreach Programme on: Inculcating Savings Culture and Basic Financial Literacy among the People of Jungle Mahal – A Field Study with Reference to Kalajhoria Village in Paschim Medinipur DistrictCo- InvestigatorVidyasagar University under Extension activities of UGC XII plan500001 year20162017
An Enquiry into the Effect of Macroeconomic Variables on Security Prices in India During the Liberalized PeriodPrincipal InvestigatorUGC920001.5 years20132014
Invited Lectures 
TitleOrganized byVenueYear
“Environmentally Responsible Business Practices: Does Corporate Governance Matter?” in the International Webinar on “Recent Researches in Accounting & Finance”Indian Accounting Association- South Bengal BranchOnline platform2020
Corporate Entities and Environmental Sustainability: A Study on Selected Indian CompaniesSubarnarekha Mahavidyalaya, Gopiballavpur, JhargramSubarnarekha Mahavidyalaya, Gopiballavpur2019
Women Empowerment through Microfinance: A Study with Reference to Paschim Medinipur District in West BengalSubarnarekha Mahavidyalaya, Gopiballavpur, Paschim MedinipurSubarnarekha Mahavidyalaya, Gopiballavpur2017
Flow of Foreign Direct Investments and its Impact on Indian Economic DevelopmentVivekananda Satavarshiki Mahavidyalaya, Manikpara, in collaboration with Seva Bharati Mahavidyalaya, KapgariVivekananda Satavarshiki Mahavidyalaya, Manikpara2015
Foreign Direct Investment in Retail Markets in India: Some Issues and ChallengesDepartment of Commerce and Department of Economics, Subarnarekha Mahavidyalaya, GopiballavpurSubarnarekha Mahavidyalaya, Gopiballavpur2015
Membership of Learned Society 
Indian Accounting Association (IAA)
Indian Commerce Association (ICA- INDIA)
Association with Professional Bodies
Type of Professional ActivityPeriod
External Member, Post Graduate Board of Studies in Commerce, Sidho-Kanho-Birsha University, Purulia2011 to 2014
External Member, Under Graduate Board of Studies in Commerce, Sidho-Kanho-Birsha University, Purulia2011 to 2014
Conference /Seminar/Workshop Attended/Organised

Conference /Seminar/Workshop Attended

Title of the Seminar/Conference/WorkshopYearRoleHeld at and Organiser
International Webinar on Recent Researches in Accounting & Finance2020Invited Speaker "Environmentally Responsible Business Practices: Does Corporate Governance Matter?"Indian Accounting Association- South Bengal Branch
Two-Day International E-conference on ‘Changing Landscapes in Business, Finance and Economy: A Global Perspective’2020Paper Presenter, "Does Productivity Impact Financial Inclusion? An Empirical Investigation Across the States of India"Sidho Kanho Birsha University, Purulia
Two-Day International E-conference on ‘Changing Landscapes in Business, Finance and Economy: A Global Perspective’2020Paper Presenter, "How Did the Public Sector Banks Perform in Social Welfare through Mudra Yojana?"Sidho Kanho Birsha University, Purulia
40th Annual Conference of Bengal Economic Association on "Analysing the Growth Trajectory of Indian Economy: Productivity, Efficiency, Employability and Equity"2020Paper Presenter, "Financial Inclusion- An Evidence of Inequality Across the Regions of India"Bengal Economic Association in collaboration with Bethune College, Kolkata
11th International Conference on “Contemporary Issues in Development Economics”2020Paper Presented on "Disparity in Financial Inclusion Across the Regions of India- - An Empirical Evidence"Department of Economics, The University of Burdwan

Conference /Seminar/Workshop Organised

Title of the Conference/Seminar/WorkshopYearRole in the EventFunding Agency
International Conference on “Business Practices and Sustainability (ICOBUS-2019)”2019Organising SecretaryICSSR
International Conference on "Financial Inclusion and Inclusive Growth"2016Joint Organising SecretaryUGC, ICSSR and RBI
National Seminar on "Financial Inclusion in the Pursuit of Poverty Reduction and Growth"2016Joint Organising SecretaryUGC, ICSSR and RBI
Award NameAwarded ByYear
University Gold Medal (Stood First in M.Com. Examination- 2005)Vidyasagar University2007
University Gold Medal (Stood First in B.Com. Hons. Examination- 2003)Vidyasagar University2005
National Scholarship (During 2003-2005)MHRD, Government of India2003
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