Sudipto Bhattacharya is a Professor of Finance at the London School of Economics and Political Science, UK. His main research interests are in the areas of banking theory and regulation, financial stability, corporate financial policy, delegated portfolio management, intellectual property (bargaining and control rights on it). Prof Bhattacharya obtained his PhD with specialization in the areas of Finance and Economics at Massachusetts Institute of Technology in 1978, and has previously been a member of faculty at the Universities of Chicago, Stanford, California at Berkeley, Michigan, and Delhi. He has also visited Columbia, Harvard, and the Catholic University of Louvain, Belgium. He is the co-editor of two books, and around forty refereed Journal articles on finance and economics. He was awarded the Batterymarch Research Fellowship in 1983, and is a Fellow of the Center for Economic Policy Research. He has been an Associate Editor of Journal of Finance and Review of Financial Studies.