Extensive research in the areas of financial derivatives, global and Indian commodity derivatives markets, excessive speculation and market efficiency, offshore non-deliverable forward markets, commodity transaction tax, natural gas markets, farmer producer organization, export credit insurance, climate change mitigation and adaptation, derivatives and risk management, online property derivatives exchange, futures trading in agricultural commodities markets, property index based derivative instruments, dynamics of debt and debt derivatives market, international taxation, BEPS and transfer pricing, goods and services tax, impact of tax revenue on economic growth.

Madathil, J. C., Palaniyappa Shanmugam, V., & Thippillikat, A. (2022). Crude oil price and government effectiveness: The determinants of corruption in oil abundant states. Journal of Public Affairs, 22(S1), e2767. https://doi.org/10.1002/pa.2767

Madathil, J. C., & S, V. P. (2019). Impact of crude oil price on the socio-political environment of global countries. Restaurant Business, 118(3), 110–122. https://doi.org/10.26643/rb.v118i3.7635
Sahoo, J. R., & Ps, V. (2020). IMPACT OF MACRO ECONOMIC VARIABLES ON INDIA’S CURRENT ACCOUNT POSITION. 03(04).

Shanmugam, V. P., & Ali, K. A. A. (2021). Impact of COVID-19 pandemic on equity-oriented mutual funds: A preliminary analysis of Indian mutual funds industry. International Journal of Financial Engineering, 08(01), 2150006. https://doi.org/10.1142/S2424786321500067

Velmurugan, P. S., & Gagana, D. S. (2022). Current status of research on farmer producer organizations: A systematic review based on Scopus database. 020015. https://doi.org/10.1063/5.0074872

P S, Velmurugan; D S, Gagana. (2023). Member’s Intention to Participate in Farmer Producer Company Activities in Cauvery Delta Region of Tamil Nadu. Current Agricultural Research Journal, 11(1).

P S, Velmurugan; P, Thalhath. (2022). Hanges in Brand loyalty during Covid-19 Lockdown: A Study on FMCG Products. The IUP Journal of Brand Management, 19(2).
Shanmugam, V. P., & Arunima, P. (2022). Investment in Tax Haven Jurisdiction by Indian MNCs: A Conceptual Study [Preprint]. In Review. https://doi.org/10.21203/rs.3.rs-2138439/v