School of Accounting and Finance

Currently he teaches undergraduate and post-graduate level economics and finance subjects. He is also involved in management of a finance subject in Australian Graduate Management Consortium (AGMC), a professional course of CSU. He supervises doctoral students. So far two students have completed their doctoral degrees under his principal supervision. In the recent past, he was 'Acting Director - DBA Programme' at the Faculty of Business, CSU. He is an active researcher and has published in international referred journals in Australia and overseas. He was involved with the corporate sector in senior management positions in Australia and overseas for 18 years and represented countries in international forums. He assumed academic career in 1998 and taught at University of Queensland and at Griffith University, both in Brisbane before joining CSU (Bathurst) in 2001. He also worked as an independent consultant in Australia during 1996-98 and completed several economic and tourism related projects.

Teaching Responsibilities

Undergraduate

• ECO220 Macroeconomic Analysis – a second year level economics subject
• FIN350 Strategic Financial Management – a third year level finance subject

Postgraduate

• FIN530 Money & Capital Markets
• FIN535 Strategic Finance

AGMC Course

• MGT564 Managing Financial Information

Research Focus

• China-Australia business relationship
• Regional labour markets & related issues
• Financial reforms in India
• Corporate governance issues in Australia and overseas
• Foreign investment and impacts of globalisation

Grants and Awards

An Analysis of a Regional Nursing Labour Market in Australia,' Linkage project development pilot grant' of $7,000 from ILWS (ERD), 2007-08. (jointly with Professor John Hicks, Dr. Richard Sappey and Dr. Heather Latham – all from CSU). The purpose of the project is to enhance understanding and improve policy and practice of the operations of regional labour markets for nursing in regional New South Wales. Major industry partners are likely to be Greater Western Health of NSW Government and a Catholic hospital and age-care organisation.

Analysis of Labour Market Dimensions of the Central West Region in NSW, ' CSU Small Grant' of $7,000, 2005-06. This research project provides a comparative and critical analysis of the principal factors operating in local labour markets (LL Ms) in Australia with particular focus on the Central West region of NSW.

Possibilities for closer economic ties between India and Australia in Capital Goods Industries in WTO Regime, 'Macquarie University Research Grant' of $20,000, 2004-05. (jointly with Dr. P Mukhopadhyaya of Macquarie University and Associate Professor U. Bhattacharya of IDSK, India). This research project intends to determine the areas of cooperation between India and Australia in the capital goods industry to identify and examine mutually beneficial areas of technology transfer and investments.

Impacts of the Proposed Australia-China Free Trade Agreement on Investment Flows, CSU Faculty of Commerce 'Asia-Pacific Research Project Grant' of $5,000, 2005. (jointly with Professor John Hicks). This research project critically examines the impact of the proposed FTA between Australia and China on investment flows between the two countries. The project has been completed.

Professional Activities

Administrative Responsibilities

• Associate Head of School

Professional Activities

• Active member of the Institute of Land Water and Society (ILWS)
• CSU ('Economics & Regional Development' group) – the major research centre for excellence at CSU.

Selected Publications:

Books:

• Basu, P K; O'Neill, Grant & Travaglione, Antonio (ed.) (2007). Engagement and change: Exploring management, economic and finance implications of a globalising environment. Brisbane, Australia: Australian Academic Press.

Journal articles

• Gupta, Rakesh & Basu, Parikshit K. (2008). Portfolio optimization in the Indian stock markets: Industry sector analysis. Delhi Business Review, 9(1), 21-30.
• Basu, P.K. (2007). Critical evaluation of growth strategies: India and China.International Journal of Social Economics, 34(9 & 10), 664-78.
• Basu, P K; Hicks, John & Sappey, Richard. (2007). Can we do business? A study of attitudes of Chinese and Australian business students.Australian Accounting Business and Finance Journal, 1(3), 22-33.
• Gupta, Rakesh & Basu, P.K. (2007). Weak form efficiency in Indian stock markets. International Business & Economics Research Journal, 6(3), 57-64.
• Gupta, Rakesh & Basu, P.K. (2007). Have we learnt anything from the Asian crisis? Looking at the crisis from the perspective of India'.Delhi Business Review, 8(1), 21-30
• Basu, P.K. (2006). Corruption: A theoretical perspective and relevance for economic growth. International Review of Business Research Papers, 2(2).
• Basu, P.K.; Hicks, John & Sappey, Richard. (2006). Free trade agreement and investment: A Chinese perspective. Agenda, 13(2), 179-92.
• Basu, P.K.; Hicks, John & Sappey, Richard. (2005). Chinese attitudes to trade agreements in the context of the proposed Australia-China Free Trade Agreement.Economic Papers, 24(4), 294-308.
• Basu, P.K. & Basu, Saswati. (2005). Regional disparity in Australia: Analysis of gender development index. International Review of Business Research Papers, 1(2).
• Basu, P.K. & Datar, M.K. (2003). Role of ownership and organisational forms in labour market outcomes: An exploratory analysis.The Indian Journal of Labour Economics, 46(4), 537-48.

Book Chapters

• Basu, P.K., & Basu, Saswati. (2007). Role of managers in success of an organization: The case of Rural Cooperative Credit Societies in India. In Clem Tisdell (ed.) Poverty, Poverty Alleviation, and Social Disadvantage: Analysis, Case Studies and Policies ', Serials Publications, New Delhi, India. (forthcoming in June)
• Basu, P.K., Hicks, John & Sappey, Richard. (2007). How can Australia benefit from China'e Economic reforms?. In P.K. Basu; O'Neill, Grant & Travaglione, Antonio (ed.) Engagement and Change: Exploring Management, Economic and Finance Implications of a Globalising Environment. Brisbane, Australia: Australian Academic Press. (forthcoming in September)
• Basu, P.K.; O'Neill, Grant and Travaglione, Antonio. (2007). Introduction and an overview in P.K.Basu; O'Neill, Grant & Travaglione, Antonio (ed.) ‘Engagement and Change: Exploring Management, Economic and Finance Implications of a Globalising Environment. Brisbane, Australia: Australian Academic Press. (forthcoming in September)
• Anwar, Sajid & Basu, P.K. (2007). Role of foreign direct investment in economic development with special reference to India. In A. Siddiqui (ed.) India and South Asia: Economic developments in the age of globalization. M.E. Sharp, NY.
• Basu, P.K., & Basu, Saswati. (2007). Regional disparity in Australia: Analysis of gender development index. In S.K. Multani (ed.) Empowerment of women: Perspectives and experiences. Hyderabad, India: The Icfai University Press. 226-42.
• Basu, P.K. (2003). Is sustainable tourism development possible? Broad issues concerning Australia and Papua New Guinea. In R.N. Ghosh, M.A.B. Siddique & Gabbay, R.(ed.) Tourism and economic development: Case studies from the Indian Ocean region. England: Ashgate Publishing. 140-49.
• Basu, P.K., & Basu, Saswati. (2003). Income generation program and empowerment of women - a case study in India. iIn Raghbendra Jha (ed.) Indian Economic Reform. NY: Palgrave-Macmillan.

Refereed Conference Papers

• Basu, P.K., Hicks, John & Sappey, Richard. (2007). Current and future benefits to Australia from China's economic reforms? Proceedings of 7th Global Conference on Business & economics. Rome, Italy.
• Basu, P.K. (2006). Critical evaluation of growth strategies - India and China.Conference Proceedings - 3rd International Business Research Conference 2006. Melbourne, Australia.
• Gupta, Rakesh & Basu, P.K. (2006). Are Indian Stock Market's Efficient? Test of Weak Form Efficiency in BSE and NSE. Conference Proceedings - 3rd International Conference on Contemporary Business. Leura, Australia.
• Basu, P.K.; Hicks, John & Sappey, Richard. (2006). Can we do business? A study of the attitudes of Chinese and Australian business students.Conference Proceedings -3rd International Conference on Contemporary Business. Leura, Australia.
• Basu, P.K.; Hicks, John & Sappey, Richard. (2006). Potential for change in the unequal regional distribution of direct foreign investment in China?: Some implications for the proposed Australia-China free trade agreement. Proceedings of 5th Global Conference on Business & economics. Cambridge University, UK, Paper No. 114.
• Basu, P.K. (2005). Cooperative credit system in India: Performance evaluation and structural problems. Conference Proceedings - International Business Research Conference 2005. Sydney, Australia.
• Basu, P.K. & Basu, Saswati. (2004). Gender related development index and regional disparity in Australia. Conference Proceeding -International Business Research Conference 2004. Melbourne, Australia.
• Anwar, Sajid & Basu, P.K. (2004). Economic growth in South Asia: A preliminary analysis. Conference Volume -7th Annual International Conference of the American Society of Business and Behavioral Sciences. Cairns, Australia.
• Basu, P.K. & Datar, M.K. (2004). Financial sector reforms in India: Some institutional imbalances. Conference Volume - Academy of World Business, Marketing and Management Development Conference. Gold Coast, Australia.

Working Papers

• Sappey, R.B.; Basu, P.K. & Hicks, J. (2007). An overview of an ‘Established Rural Regional Inland' Australian labour market. Working Paper No. 10/07. Faculty of Commerce, Charles Sturt University.