People and Research People

People Details

Prof. SAHOO Satish

Assistant Professor

Address
13-263, Lau Ming Wai Academic Building, City University of Hong Kong
Phone
+852 34427153
Fax
+852 34420349
Public CV

Research Areas

Mergers & Acquisitions
Fair Value of Intangible Assets
ESG
Social Media
Security Analysts

Qualifications

PhD - Business Administration (University of Southern California)
MBA - Finance (Asian Institute of Management, Manila)
B.Tech - Electrical Engineering (National Institute of Technology, Rourkela)

Biography

Dr. Sahoo’s research examines how financial accounting and disclosure practices—both traditional and emerging—ranging from structured financial data to unstructured narrative-driven sources such as social media sentiment, Wikipedia edits, and analyst reports—influence corporate decision-making, stakeholder perceptions, and market outcomes, particularly in environments characterized by strategic transformation and heightened external scrutiny. To address these questions, he draws on a diverse set of data sources to examine the interplay between financial reporting, mergers and acquisitions (M&A), environmental, social, and governance (ESG) issues, and information intermediaries. His interdisciplinary training—comprising a Ph.D. in Accounting, an MBA in Finance, and a B.Tech in Electrical Engineering combined with professional certifications, including CFA, FRM, and sustainability investing and reporting credentials from Harvard, the CFA Institute, and the IFRS Foundationenriches his research perspective. Dr. Sahoo has taught a wide range of undergraduate and graduate courses including Financial Reporting, Introductory and Intermediate Financial Accounting, and Risk Management.

Professional Qualifications

QualificationCertifying Organization
Certificate in Sustainable InvestingHarvard Business School (Online)
CFA Institute Certificate in ESG InvestingChartered Financial Analyst (CFA) Institute
Chartered Financial Analyst(CFA)Chartered Financial Analyst (CFA) Institute
Financial Risk Manager(FRM)Global Association of Risk Professionals (GARP)

Teaching Areas

Financial Accounting

Risk Management

Research Grants

PI: "Do Analysts Understand Mergers and Acquisitions? Evidence from Analyst Reports", General Research Fund (GRF) - Research Grants Council (RGC) of Hong Kong, Amount: $578,472 (2023-2026), Satish Sahoo; Peeyush Taori

PI: "Externalities of Fair Value Estimate of Technology Related Intangibles: Evidence from Business Combination ", Early Career Scheme(ECS) - Research Grants Council (RGC) of Hong Kong, Amount: $360,000 (2022-2024), Satish Sahoo

PI: "Information Content of Proforma Disclosures for Mergers and Acquisitions", Startup Grant - City University of Hong Kong, Amount: $500,000 (2021-2024), Satish Sahoo

Publications

Journal Publications and Reviews

Mazboudi, Mohamad; Sahoo, Satish; Soliman, Mark / Busy Directors and Monitoring: Evidence From Goodwill Impairments. March 2025; In: Journal of Business Finance and Accounting.