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Mahendrarajah Nimalendran

John H. and Mary Lou Dasburg Chair
Full Professor

(352) 392-9526




  • PhD - Business Administration (Finance), University of Michigan, 1990
  • MBA, University of Michigan, 1986
  • MSME - Mechanical Engineering, University of Hawaii, 1978
  • BSc, University of Sri Lanka, 1973

Research Interests

  • Market Microstructure
  • Information Economics
  • Asset pricing models
  • Econometrics
  • Empirical Methods in Finance
  • Investments
  • ML/AI
All Articles

In The News

Last 3 years

Courses Taught

  • Asset Val Risk Return (FIN5437)
  • Capital Stru Risk Man (FIN5439)
  • Corporate Finance (FIN6425)
  • Fin Res Workshop (FIN7938)
  • Machine Learning in Finance (FIN6930)
Last 5 years

Journal Article Publications

  • Seasoned Public Offerings and Adverse Selections Costs
    Status: 1st Revise and Resubmit
    Journal: Journal of Law and Economics
    Authors: MAHENDRARAJAH NIMALENDRAN, Cindy Alexander
  • Non-Standard Errors
    Status: Accepted
    Journal: Journal of Finance
    Accepted Year: 2023
    Authors: Mahendrarajah Nimalendran, Albert Menkveld, Many Others (see link)
  • Informational Efficiency of Cryptocurrency Markets
    Status: 1st Revise and Resubmit
    Journal: Journal of Financial and Quantitative Analysis
    Authors: Mariia Petryk, Praveen Pathak, Mahendrarajah Nimalendran, Liangfei Qiu
  • Order Flow Fragmentation and Flight-to-Transparency During Stressed Market Conditions: Evidence from COVID-19"
    Status: Published
    Journal: Finance Research Letters
    Published Year: 2022
    Authors: Mahendrarajah Nimalendran, Giulio Anselmi, Giovanni Petrella
  • CVaR-LASSO Enhanced Index Replication (CLEIR): Outperforming by Minimizing Downside Risk
    Status: Published
    Journal: The Journal of Applied Economics
    Published Year: 2019
    Authors: Mahendrarajah Nimalendran, Brian Gendreau, Yong 'Jimmy' Jin, Xiaolong Zhong
Last 5 years

Research Monograph Publications

  • Bid-Ask Spread: Theory and Empirical Evidence
    Status: Published
    Published Year: 2020
    Authors: MAHENDRARAJAH NIMALENDRAN, Giovanni Petrella

Contact Details

University of Florida
Warrington College of Business
Finance, Insurance and Real Estate Department
Stuzin Hall 303C

(352) 392-9526


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