Curriculum Vitae
Name:
Dr. VRAJLAL K. SAPOVADIA
Director, Executive Education Program, SBS Ahmedabad
Birth Date:
28th March 1957
Contact Details:
Dr. V. K. Sapovadia
A-48 Snehdeep Society,
Jivraj Park,
AHMEDABAD – 380 051
prof_sapovadia@yahoo.co.in
E-mail:
sapovadia@shantibschool.edu.in
Academic Details:
Particulars
Year
University/Institution
Class
LL.M. (Commercial Law)
1995
Gujarat University
Second
F.C.A.
1998
ICAI
Second
LL.M. (Property Law)
1999
Gujarat University
Ph.D.
2004
Saurashtra University
DISA
2006
ICAI
(Chartered Accountant)
First
-
Affiliation:

Member, Advisory Committee, IRDA, Hyderabad (as ex-officio, NIA Pune)

Member, Academic Board, Insurance Institute of India (as ex-officio, NIA Pune)

Observer Member, ALNAP, UK

Guide, Micro Finance Community, Development Gateway, USA

Member, Validation Committee, International Cooperative Summit, Canada

Fellow Member & Resource Person, ICAI

Invitee, Subgroup on Social Security, National Advisory Council


Consultant – World Bank
Consultant – Asian Development Bank




External Reviewer of Journal “Investment Management and Financial
Innovations”, Ukraine
Member of Editorial Board, "Investment Management and Financial
Innovations", Ukraine
Member of Editorial Board, RET Academy for International Journals of
Multidisciplinary Research (RAIJMR), India
Advisory Member, Journal of S.B.JAIN INSTITUTE OF TECHNOLOGY,
MANAGEMENT & RESEARCH, NAGPUR
Professional Experience:

Director, Shanti Business School, Ahmedabad [Since February 2012]

Director, National Insurance Academy, Pune, INDIA (2011-12)

Director, Shanti Business School, Ahmedabad [2010 - 2011]

Associate Professor In Finance & Accounting area at IIM, Indore, M. P. India
[2008-2010]

NATIONAL INSTITUTE OF COOPERATIVE MANAGEMENT, MBA wing,
Gandhinagar, Gujarat, India (9.8.1999-17.11.2005)

As a Practicing Chartered Accountant (1998-2005) – Practice in Project
Appraisal, Taxation, Audit & Management Consultancy

Independent Management Consultant (1983 - 1999) – Consultancy provided to
small & medium size units, from concept to commissioning the unit

External Reviewer, Editorial Board at Financial Management & Financial
Innovations, Ukarine

Member at Western region inspections committee of higher education

Advisory Member, IES, Bhopal
International Exposure:

Lead Facilitator with WORLD BANK, Course facilitator in World Bank Institute,
web course: Intergovernmental Relations, Decentralization and Public Finance
(2003-2006)

Valuation of Gujarat Electricity Board, financed by Asian Development Bank
(1999-2000)

Seminar Director in International conference by NICM & Global Development
Learning Network, World Bank Institute on “Poverty reduction strategies through
cooperatives” (April 2003)

Cooperatives in New Millennium, Europe Study tour by ICAI – Presented a paper
in Meringen, Switzerland - July 2000

Fishermen Cooperative – A Tool for Socio-Economic Development, IIFET,
Presented a paper in Tokyo University, Japan – July 2004

Optimizing Decision Model: Empirical Study of Successful and Vanished
Organization, Presented a paper in ICA Research Conference, Chiang Mai,
Thailand – November 2004

NDDB – a Case Study on Woman Empowering Women in Dairy Cooperatives,
Presented a paper in ICA Research Conference, Colombo, Sri Lanka – August
2006

A Critical Study of Urban Land Ownership by an Individual vis-à-vis Institutional
Based Ownership - The Impact of Type of Ownership on Spatial Growth,
Efficiency & Equity: A case study of Ahmedabad, Presented a paper in Urban
Research Symposium, World Bank, Washington DC, USA – May 2007

Evaluating Effectiveness among Cooperatives vis-à-vis other Social Institutes – A
case study of NABARD’s
Rural Innovation Fund and Rural Infrastructure
Development Funds and Micro Financing Schemes, Presented a paper in Canada
Congress 2007, Saskatoon University, Canada – June 2007

Evaluating Effectiveness among Cooperatives vis-à-vis other Social Institutes – A
case study of NABARD’s
Rural Innovation Fund and Rural Infrastructure
Development Funds and Micro Financing Schemes, Presented a paper in Victoria
University, Canada 1st CIRIEC conference – October 2007

Withstanding Financial Crisis: Case Study of RNSB presented paper at ICA
Research Conference, Hanoi, Vietnam, December 2008

Corporate Governance issues in Indian family business Presented a paper in at
Wharton School, USA, October 2010

Plurality by Singular, using IT for Rural Development, case study of Warana
Nagar project, presented paper at ICA Europe conference, Lyon, France in
September 2010

Invitee as scholar in ICGN conference on corporate governance at Paris, France
September 2011

Invitee at IMF’s Research conference, Washington DC, USA, November 2011

Invited for Farewell speech at Nyala Insurance Company, Addis Ababa, Ethiopea,
December 2011

Invited as Key Note Speaker at International Cooperative Summit, Quebec,
Canada 2012

Invited at ILO, Geneva to present paper on Case Study of Indian Workers
Cooperatives, May 2013

Invited by Saint Mary’s University, Halifax to present a paper at Governance
Symposium, (yet to convene in September 2013)
Visiting/Guest faculty:

IIM Shillong

Sardar Patel Institute of Public Administration, Government of Gujarat Training
Centre, Ahmedabad

Institute of Indian Bankers, Gandhinagar

Institute of Chartered Accountants of India, Ahmedabad

Institute of Companies Secretaries, Ahmedabad

Institute of Cost & Works Accountants, Ahmedabad

School of Commerce, Gujarat University, Ahmedabad

Sardar Patel University, Vallabh Vidyanagar

Nirma Institute of Management, Nirma University, Ahmedabad

National Institute of Design, Ahmedabad
Publications:

Labor Laws: HARVARD INTERNATIONAL REVIEW, June 2004

Social Economy: Micro Finance & Cooperatives, book published by LAP,
Germany ISBN: 978-3-8383-5882-6

Cases: Corporate & Public Governance, book published by LAP, Germany ISBN:
978-3-8383-5971-7

Book “Micro Finance Models” published by LAP, Germany, ISBN: 978-3-83836829-0

Book “Accounting for Non-Accountants”, published by VDM Publishers,
Germany, ISBN: 978-3-639—26559-0

Book “Cyber Technology: Potential & Risks” published by LAP, Germany,
ISBN:978-3-8383-7598-4

Book “Comparative Financial Performance of Indian vs. USA Based
Cooperatives” published by LAP, Germany, ISBN: 978-3-8383-5579-5

“Cyber-Law” in “Commerce – 2000” Souvenir published by College of Gujarat
Law Society

Case study on e-Infochips titled "Product, Delivery & Service differentiation:
Case Study on e-Infochips" was selected as finalist by London Business School,
Aditya Birla Case Study Initiative 2009

Case study on Ramdev Food: European Case Clearing House

Book titled “Cooperative Sugar Industries in India: Managerial Perspective” is
published by VDM Publishers, Germany, ISBN 978-3-639-27716-6

Paper titled “Evaluating Effectiveness among Cooperatives vis-à-vis other Social
Institutes – A case study of NABARD’s
Rural Innovation Fund and Rural
Infrastructure Development Funds and Micro Financing Schemes” appeared in a
book

Paper titled "Value, Kinetic & Safety Fund for Corporate: Lessons Learnt from
Economic Crisis & All Time Answer to the Bailout" is published in World
Financial Crisis: Causes, Consequences, Ways of Overcoming published by
Business Perspective, Ukarine, Europe, ISBN 978-966-2965-07-0

Paper titled “Understanding the System and Process as an Instrument to Curb
Corruption: Transformation Experiences from India” published in United Nations
Public Administration Network

Book “Cooperatives for Humanization of our World” published in English,
French & Spanish by Desjardins, International Cooperative Summit, Quebec

A critical study of urban land ownership by an Individual vis-à-vis institutional
(or community) Based ownership - the impact of type of ownership On spatial
growth, efficiency and equity: a case Study of Ahmedabad, India published in
published in United Nations Public Administration Network

Is Blood Thicker than Water? Appraising Adequacy of Indian Corporate
Governance Framework for Family Based Companies: A Case Study on Satyam
Computers appeared as chapter in Corporate Ethics, a Book published by ICFAI,
ISBN: 978-93-80120-36-2

Is Blood Thicker than Water? Appraising Adequacy of Indian Corporate
Governance Framework for Family Based Companies: A Case Study on Satyam
Computers, ANZSOG Institute for Governance, University of Canberra, Australia

Critical Analysis of Change in Business Process & Products of Urban
Cooperative Banks in India After Economic Reforms accepted at 27th Congreso
Internacional CIRIEC Sevilla Septiembre 2008, Italy

Corporate Governance Issues In Indian Family-Based Businesses accepted at the
Corporate Governance & Global Financial Crisis conference to be held on
September 24-25, 2010 at the Wharton School in Philadelphia, Pennsylvania,
USA

Virtual Presentation at Third World University Forum on ‘A Case Study of the
Society for Research and Initiatives for Sustainable Technologies and Institute:
Grassroots Innovators Guided by Higher Educationists’

Case Study on Financial Ratios of Shri Rajkot District Central Cooperative Bank
Ltd., Rajkot, appeared in Bhavishya, Future Business School Journal

Case study on AMUL, Anand (largest cooperative dairy in Asia)

Case study on Warananagar Cooperative complex

Research paper: “Construction of farm roads by farmers cooperatives from local
material, labour and technology”

Cooperative and Taxation, Supreme Court of India on Cooperatives and many
other publications

Supreme Court of India on control of HIV/AIDS, Legal means to curb
HIV/AIDS, contribution in e-conference of World Bank, 2003

Fisherman Cooperatives: Socio Economic Tool for Development, Tokyo
University, IIFET, 2004 (award winner)

Optimizing Decision Model: Empirical study of successful and vanished
organisation, ICA Bangkok, 2004

Cooperatives and Taxes, NHCF, New Delhi

Core Labor Standards: Impetus and pre-requisite for FDIs, GDN

Gender & Equity, Women in Panchayati Raj Institute, World Bank Institute

Decentralisation & Panchayati raj Institute, NICM BULLETIN

Micro Finance, NICM BULLETIN (Series of 5 articles)

Corporate Governance and Accounting Standards

Urban Development, MDG and Housing Cooperatives

Labor Laws – Harvard International Review

NDDB – a case study on woman empowering women in dairy cooperatives. Paper
presented (award winner) at ICA, Colombo, Sri Lanka

Forrest in India – Research by World Bank Team- NICM Bulletin (2006)

Competitiveness of Indian Business and Legal Framework – IIM Kozhikode,
International Conference on Competitiveness

Indian Fisheries Cooperatives Vis-À-Vis Achieving MDGs (A Study On
Fishermen’s Cooperatives Performance Measurement, IIFET 2006

Optimizing Ocean Management for better Fisheries and Balancing the Ecosystem
through Two Layer Fishermen Cooperatives IIFET 2006

A Critical Study of Urban Land Ownership by an Individual vis-à-vis Institutional
(or Community) Based Ownership - The Impact of type of ownership on Spatial
Growth, Efficiency and Equity: A case study of Ahmedabad, India (Paper
selected and award winner at Urban Symposium 2007 Washington DC, USA, to
be presented in May 2007)

Pillars of Micro Finance – A tool to socio-economic development, NICM
Bulletin, India & Development Gateways, USA

NDDB – a case study on woman empowering women in dairy cooperatives
NICM Bulletin, India

Evaluating Effectiveness among Cooperatives vis-à-vis other Social Institutes – A
case study of NABARD’s
Rural Innovation Fund and Rural Infrastructure
Development Funds and Micro Financing Schemes, paper selected for
presentation at Canada Congress, Saskatoon University, Canada.

Comparative Analysis of Accounting Standards vis-à-vis Corporate Governance
Practice in India vs. China, working paper

Appraisal of Accounting Standards vis-à-vis Corporate Governance Practices in
Contending Potential Super Power Nations (India, Japan, Germany, Brazil, South
Africa), ongoing study.

"Understanding the System and Process as an Instrument to Curb Corruption:
Transformation Experiences from India"

Cooperative Social Responsibility Audit: Strategy or Compulsion? The Emerging
Trend of Indian Cooperatives (Accepted for presentation in Research Conference
by ICA Europe, ISSAN, Italy)

Good Cooperative Governance as a Tool to withstand Urban Coop Bank Crisis A Case Study of Rajkot Nagarik Coop Bank, India (Accepted by ICA Asia Pacific
for Research Conference in Vietnam, paper will be presented in Hanoi in
December 2008, Received Japan Consumer Cooperative Institute Fellowship)

Singularity in Plurality: Technology Percolated to Empower Rural Grassroots &
Nourish Multiple Cooperatives at Warana Complex, India, Presenting at ICA
Europe Research Conference, Lyon, France September 2010

Value, Kinetic & Safety Fund for Corporate: Lessons Learnt from Economic
Crisis & All Time Answer to the Bailout (January 1, 2009). World Financial
Crisis: Causes, Consequences, Ways of Overcoming. Ukraine: Business
Perspective, 2009

Testing Index Volatility of Indian Stock Market in Context with FIIs, IJCRR, Vol
4, Issue 17, October 2012, P-ISSN E-ISSN 2231-2196, 0975-5241 Co-authored
with Himanshu Barot

A Study of Investor’s Preferences, Towards Various Investment Avenues in
Capital Market with Special Reference to Derivatives in Ahmedabad City, IJMIE,
Volume 2, Issue 10, October 2012, IISN 2249-0558, co-authored with Himanshu
Barot

What Works for Workers Cooperatives? Empirical Evidences from Indian
Workers Cooperatives, ILO Workshop, May 2013

Poverty Alleviation through Community Based Organizations: Empirical
Evidences from India, submitted to Asian Development Bank, May 2013

Business Ethics & Employee Turnover; CAFE Matrix, Vol 2, Issue 4, April 2013,
ISSN 2320-0901, IJRMP by Sweta Patel & Vrajlal Sapovadia

I was invited by ICAI in its Conference by Committee on Banking, Insurance &
Pension in Mumbai on 23/7/2011 coordinated by Mr. Rajkumar Adukia

Published a book, Cooperatives Humanizing our World by Desjardin, Quebec,
Canada (2012)

Comparative Perception Among Profit & Non-profit Organizations, Vol 3, Issue
5, June 013, ISSN-2250-1991, PARPEX by Sweta Patel & Vrajlal Sapovadia

Testing Index Volatility of Indian Stock Market in Context with FIIs, IJCRR, Vol
4, Issue 17, October 2012, P-ISSN E-ISSN 2231-2196, 0975-5241 Co-authored
with Himanshu Barot

A Study of Investor’s Preferences, Towards Various Investment Avenues in
Capital Market with Special Reference to Derivatives in Ahmedabad City, IJMIE,
Volume 2, Issue 10, October 2012, IISN 2249-0558, co-authored with Himanshu
Barot

Presented and Published by ILO, a paper on What Works for Workers
Cooperatives? Empirical Evidences from Indian Workers Cooperatives, ILO
Workshop, May 2013

Poverty Alleviation through Community Based Organizations: Empirical
Evidences from India, submitted to Asian Development Bank, May 2013

Business Ethics & Employee Turnover; CAFE Matrix, Vol 2, Issue 4, April 2013,
ISSN 2320-0901, IJRMP by Sweta Patel & Vrajlal Sapovadia