Dr. Mohammed Sawkat Hossain
Dr. Mohammed Sawkat Hossain Professor, Department of Finance & Banking

PROFILE

SHORT BIOGRAPHY

WORK EXPERIENCE:

ØChairman:

Faculty of Business Studies, Dept. Of Finance and Banking, Jahangirnagar (Govt.) University, Savar, Dhaka, Bangladesh (July 2020-July 2023).

ØProfessor:

Faculty of Business Studies, Dept. Of Finance and Banking, Jahangirnagar (Govt.) University, Savar, Dhaka, Bangladesh (August 2023 to Current).

  ØAssociate Professor:

Faculty of Business Studies, Dept. Of Finance and Banking, Jahangirnagar (Govt.) University, Savar, Dhaka, Bangladesh (April 2019 to August 2023).

Ø  Assistant Professor:

Faculty of Business Studies, Dept. Of Finance and Banking, Jahangirnagar (Govt.) University, Savar, Dhaka, Bangladesh (April 2014 to April 2019).

Ø  Chairman (In-charge):

Faculty of Business Studies, Dept. Of Finance and Banking, Jahangirnagar (Govt. ) University, Savar, Dhaka, Bangladesh (Jan. 2015- April 2015).

Ø  Lecturer:

Faculty of Business Studies, Dept. Of Finance and Banking, Jahangirnagar (Govt.) University, Savar, Dhaka, Bangladesh (April 2012 to April 2014).

Ø  Student Advisor and Seminar-In charge:

Serving as the student advisor and seminar in charge of Finance and Banking, Jahangirnagar University (April 2012 to current).

Ø  Adjunct Faculty Member:

School of Business Administration, East West University (Adjunct Faculty), Bangladesh.

Ø  Independent Director:

Independent Director of The Peninsula Chittagong Limited. Company Chairman: Engineer Mosharraf Hossain, Minister of Housing and Public Works, Registered Address at - Chittagong-4000, Bangladesh, Phone +880-031-2850860-9, Fax +88-031-624385.

Ø  WLV Business School, UK Rep.:

International Student Representative, Telford Campus, WLV Business School, UK. (Sept 09 to Oct.2010).

Ø  Tutorship, Taylor’s Business School:

Tutor, Cluster of Finance, Accounting and Economics, Graduate School, Taylor’s University. (February 2016 to Dec. 2018).

PROFESSIONAL BODY MEMBER:

·    Reviewer of Asset Management, Global Business Review Springer, Palgrave Macmillan UK.

·  Reviewer of Managerial Finance;  International Managerial Finance, International Journal of Emerging Markets, Emerald publications.

·   Reviewer of Global Finance, International Review of Economics & Finance, Journal of  Economics and Business; Elsevier publications.  

·       Reviewer of Allied Journals of Finance, Accounting, and Economics, North California, USA.

·       Member of Editorial Board, Srilanka Journal of Marketing (SLJM), Kelaniya, Srilanka.

·   Member of Editorial Board, Journal of Jahangirnagar Business Studies, Jahangirnagar University (ISSN-2227-3484).

 ·  Member of the Institutional Quality Assurance Cell (IQAC) of Jahangirnagar University, Bangladesh.

·    Member of Editorial Board, The Jahangirnagar Journal of Finance & Banking, Jahangirnagar University (ISSN-2309-8449).

·    Director of EMBA Coordination Committee, Faculty of Business Studies, Jahangirnagar University.

Research Interest:

Quantitative Techniques & Issues of Corporate Finance: (Asset Pricing, Capital Structure, M&A, Capital Budgeting, Security Valuation).  

List of Publications:

1. Bishwas, P.C. & Hossain, M.S. (2024). Board gender dynamics & firm performance: an analysis & empirical evidence. Journal of Management Information and Decision Sciences, 27 (2), 1-14.

2. Hossain, M.S. & Bishwas, P.C. (2024). Do M&As with IT-firms More Value Additive than Non-IT firms? Global Evidence & Analysis. Borsa Istanbul Review.

3. Hossain, M.S. and Sultana, M. (2024), "Digitalization of corporate finance and firm performance: global evidence and analysis", Journal of Financial Economic Policy, Vol. 16 No. 4, pp. 501-539.

4. Hossain, M. S. (2022). Asset Pricing Puzzle: New Evidence of Fama-French Five-Factors in Emerging Market Perspectives. Real Estate Management & Valuation, 30 (3), 73-86. DOI: https://doi.org/10.2478/remav-2022-0022 (Sciendo scopus).

5. Hossain, M. S. (2022). Asset Pricing Puzzle: New Evidence of Fama-French Five-Factors in Emerging Market Perspectives. Real Estate Management & Valuation, 30 (3), 73-86. DOI: https://doi.org/10.2478/remav-2022-0022 (Sciendo scopus).

6.  Hossain, M. S. (2021). A revisit of capital structure puzzle: Global evidence and analysis. International Review of Economics & Finance, 75, p.657-678. (Elsevier, https://doi.org/10.1016/j.iref.2021.05.001).  

7. Hossain, M. S. (2021). Merger & Acquisitions (M&As) as an Important Strategic Vehicle in Business: Thematic Areas, Research Avenues & Possible Suggestions. Journal of Economics and Business  (Elsevier, https://doi.org/10.1016/j.jeconbus.2021.106004).

8. Hossain, M. S. (2021). What do we know about cryptocurrency? Past, present, future. China Finance Review International. (Emerald, https://doi.org/10.1108/CFRI-03-2020-0026).

9. Hossain, M. S. (2021). Economic Scar Tissue of COVID-19 Puzzle: An Analysis, Evidence & Suggestion on Global Perspective. Global Business Review. (Sage Publisher, https://doi.org/10.1177/09721509211055960).

10. Sukuk and Bond Puzzle: An Analysis with Characteristics Matched Portfolios. Emerging Markets Finance and Trade, 1-26. Taylor & Francis, https://doi.org/10.1080/1540496X.2019.1706478 (Finding: Sukuk returns are insignificantly different from those of bonds but have a significantly higher risk. Sukuks’ market performance depends on the performance of the corresponding industry in which the Sukuk-financed project belongs).

 11. Which firms do prefer Islamic debt? An analysis and evidence from global Sukuk and bonds issuing firms, Emerging Markets Review, 100712, ISSN 1566-0141, Elsevier, https://doi.org/10.1016/j.ememar.2020.100712.  (Finding: Firms that prefer Islamic debt and issue Sukuk are financially more unstable, and thus exposing to higher insolvency risk as compared to bond issuing firms).

 12. Why do Sukuks (Islamic Bonds) need a different pricing model? International Journal of Finance & Economics, Wiley, http://dx.doi.org/10.1002/ijfe.2269;https://onlinelibrary.wiley.com/doi/10.1002/ijfe.2269 (Finding: we develop a basic pricing model that captures the common risks in sukuk returns. We identify two risk factors for sukuk that require risk premiums: (i) sukuk market risk and (ii) information asymmetry risk).

      13. Brexit: What Next? A Critical Analysis. Journal of the International Academy for Case Studies, 4 (1), 23-33. Allied Academies, USA. [ Finding: The study reviews the challenges and opportunities in the global landscape; what possible problems it might encounter; and what strategies it should adopt to sustain economic growth due to Brexit].

        14. Sukuk as a Financial Asset: A Review, Academy of Accounting and Financial Studies Journal, 22 (1). 

      Conference Papers:

     A.  'Common Risk Factors in the Return on Sukuk Investment',  Southwestern Finance Association Conference 2020; Texas A&M University, United States, SWFA, 22-24 February 2020 (Best Paper).

      B. Sukuk and Bond Puzzle: An Analysis with Characteristics Matched Portfolios, International Conference on Applied Economics and Policy (ICAEP) 2017, University of Malaya, Malaysia, August 21-22, 2017 (Best Paper Awarded).

       C. Common Risk Factors in the Return on Sukuk Investment; The British Accounting and Finance Association (BAFA) Conference 2018, Central Hall Westminster, London, United Kingdom, April 10-11, 2018.

       D. Which Firms Do Prefer Islamic Debt? A Theoretical Analysis and Cross-Country Evidence, The 2018 Cross Country Perspectives in Finance Conference, organized by Journal of International Financial Markets, Institutions, and Money, Venue at University of Sun-Yet-Sen, China, June 21-23, 2018.

All Published Articles Before 2016:

Hossain, M.S. & Saha, N.K. (2015) ‘Developing an alternative approach to determine the minimum volatility of efficient frontier through Solver Report and extend Fama French Three (FF3) model’. The Journal of Marketing, Department of Marketing, Faculty of Business Studies, Jahangirnagar University, Savar, Dhaka.

Hossain, M.S. & Hossain, M. M. (2015) ‘Analysis of the factors that influence investors’ decision: a case study of Dhaka Stock Exchange’. The Journal of Business Review, Institute of Business Administration (IBA_JU), Jahangirnagar University, Savar, Dhaka.

Hossain, M.S. (2015) ‘Value creating relationship between stakeholder and firm by integrating business and society. The Jahangirnagar Journal Of Finance & banking, Jahangirnagar University (JU), 3(1).

Hossain, M.S. (2013) ‘Identifying the significant financial variables on determining the company’s value : an empirical note on DSE . The Jahangirnagar Journal Of Finance & banking, Jahangirnagar University (JU), 1(1), pp.77-92.

Hossain, M.S. (2013) ‘The role of male and female entrepreneurs in developing overall business performance of SME’s: a comparative study on Bangladesh versus India. The Journal of Marketing, Department of Marketing, Faculty of Business Studies, Jahangirnagar University, Savar, Dhaka.

Hossain, M.S. & Bose, A. (2013) ‘The implications of the holiday effect on security returns in the financial market of Bangladesh: an empirical note on DSE. Journal Of Jahangirnagar Business Studies, Jahangirnagar University (JU),Dhaka.

Hossain, M.S. (2012) ‘A test and extension of Fama French Three (FF3) factor model: the perceived need for and implementation of arbitrage pricing theory. Journal Of Jahangirnagar Business Studies, Jahangirnagar University (JU), 2(1), pp.24-39 .

Hossain, M.S. (2011) ‘A Test Of Asset Pricing Model : The Real World Application As Investment Strategy. Journal Of Jahangirnagar Business Studies, Jahangirnagar University (JU), 1(1), pp.14-27.

Hossain, M.S. (2011) ‘Current debate and recommendation for a new Bretton Woods’. 'Bangladesh at 40: Changes and Challenges,' a publication of Faculty of Business Studies, Jahangirnagar University (JU), 1(1), pp.32-35.

Hossain, M.S. (2013) ‘An empirical further study of pre and post- holiday effect on DSE : Bangladesh perspective. The Journal Of Business Studies, Faculty of Business Studies, Rajshahi University, Rajshahi.

Conference Paper:

“A Test Of CAPM & APT : The Real World Implementation As Asset Pricing Model”, ‘International Conference on Business Competencies in a Changing Global Environment’, GBMF-USA & Southeast University -BD, 23rd December, 2010.

University Funded Project Paper:

‘A Test Of Asset Pricing Model : Bangladesh Perspective”. ‘Seminar on University Funded Projects, 2012’ , Faculty of Business Studies, Jahangirnagar University (JU), Savar, Dhaka 1342, 6th September-2012.

Seminar Paper:

“Challenges Of Higher Studies –An Effective Academic Plan Is The Demand Of The Time”, Chittagong University Debating Society (ACADEMIA) , Chittagong, Bangladesh, 18th July- 2008.

RESEARCH INTEREST

Quant. Analysis & Corporate Finance Issues

(Asset Pricing, Capital Structure, M&A, Capital Budgeting, Security Valuation).  

 

Academic Info

Institute: Taylor's Business School (Malaysia) and WLV Business School (United Kingdom)
Period: 2016-2018 and 2009-2011

Ph.D. in Finance, Taylor's University, Malaysia (Feb. 2016- Dec. 2018)

Thesis Topic: An Investigation on Sukuk Market Behavior, Pricing Mechanism, and  Issuing Firm.

MSc in Finance and Accounting (with Distinction), WLV Business School, United Kingdom (2009-2011)

Thesis Topic: A Test of Modern Asset Pricing Models: Global Perspective

BBA (Valedictorian); HSC & SSC (1st Position in Combined Merit List).

 

Activity

Organization: The Peninsula Chittagong Limited
Position: Independent Director
Period: September 2013 to Current

Conducting all functions as Independent Director of the listed company in line with the rules and regulations of SEC.

Contact

Dr. Mohammed Sawkat Hossain

Professor
Department of Finance & Banking
Jahangirnagar University, Savar, Dhaka-1342, Bangladesh.
Cell Phone: 008801829590022
Work Phone: 0088-02-7791052 ext.1677
Email: sawkatfnb@juniv.edu , sawkatfnbju@yahoo.com