Publications (Working papers are noted - Drafts available upon request )

• Baswal, D. and Cleary, S. (2025), ESG Messaging on Social Media and Cost of Capital: A Canadian Perspective. Canadian Journal of Administrative Sciences. https://doi.org/10.1002/cjas.70017.

• Mandatory Disclosure and Female Representation in Corporate Leadership: Evidence from NASDAQ(with Dr. Bhargav Gopal, Tanvir Ahmed Khan, Bailey Kraus). Working Paper.

Target peer-reviewed journals: The Journal of Financial and Quantitative Analysis, Management Science, Journal of Law and Economics.

• A Unifying Approach to ESG Ratings Divergence (with Dr. Sean Cleary). Working Paper.

• Resiliency of Sustainable Investments: Evidence from the 2024 U.S. Election and 2025 Liberation Day Tariffs Announcements (with Dr. Sean Cleary). Working Paper.

Target peer-reviewed journals: Review of Finance, The Review of Corporate Finance Studies

Work in Progress

• Stability or Sensitivity? Institutional Investor Behavior Toward EPA-Fined Firms.

• The impact of Bill C-59 on Canadian firms’ ESG disclosure practices.