Assoc Prof Dr. Md Hamid Uddin

Assoc Prof Dr. Md Hamid Uddin

Programme Director - PhD
Associate Professor


Ph.D. Finance, (National University of Singapore)
M.Sc. (National University of Singapore)
MBA (IBA, University of Dhaka)
B.Com. Honours (University of Dhaka)

mdhamid.uddin@taylors.edu.my
Subjects Taught
  • Postgraduate Level
    • Investment Management
    • Fixed Income Instruments and Markets
    • Financial Statement Analysis
    • Finance for Managers
    • Corporate Finance
    • Special Topics in Finance and Investment and Derivatives
    • Financial Markets
    • International Finance
    • Financial Management
    • Capital Budgeting and Investment
  • Undergraduate Level
    • Corporate Finance
    • Seminar in Finance and Banking
    • Investment Analysis
    • Portfolio Management
    • Derivatives
    • Financial Markets and Institutions
    • International Finance
    • Financial Management
    • Bank operations Management
    • Insurance and risk Management
    • Financial Derivatives

Research Interests
  • Corporate Risk Taking and Firm Ownerships
  • Asset Pricing Behaviour
  • Initial Public Offers
  • Islamic Finance

Scholarly Activities
  • Editorial Board
    • Studies in Economics and Finance. Publishes from UK by Emerald. Listed in SCOPUS, ABDC, ABS, etc. Impact Factor: 0.426 (RePEc) and 0.24 (SJR).
  • Reviewers (Last five years)
    • Pacific Basin Finance Journal (Elsevier)
    • Economic Modelling (Elsevier)
    • International Journal of Managerial Finance (Emerald)
    • International Journal of Managerial Finance (Emerald) International Journal of Emerging Markets (Emerald)
    • International Journal of Islamic and Middle Eastern Finance and Management (Emerald)
    • International Journal of Behavioral Accounting and Finance (Inderscience)
    • International Journal of Accounting, Auditing and Performance Evaluation (Inderscience)
    • International Journal of Business and Finance Research (IBFR)
    • International Journal of Public Policy (Inderscience)
    • UOS Journal of Humanities and Social Sciences (University of Sharjah)
  • Conference Organising
    • The First International Conference on Excellence in Business, 09-10 May, 2012, University of Sharjah, UAE. Nobel Laureate Professor Muhammad Yunus was the Keynote Speaker of this international conference. Role: Conference Coordinator.
    • The 22nd Nordic Academy of Management Conference, 21-23, Reykjavik, Iceland. Role: Member of Market Micro Structure Track Committee.
  • PhD Examiner
    • Bharathiar University, Coimbatore, Tamilnadu, India. Thesis - A Study on the value creation in selected manufacturing companies listed in BSE 100 Index.
    • Visvesvaraya Technological University (VTU), Belagavi Karnataka, India. Thesis – Effect Market Volatility on the Investor Behaviour and Decision Making with reference to Indian Capital Market.

Publications
  • Refereed Journal Papers
    • Uddin, Md Hamid, “Effect of Government Share Ownership on Corporate Risk Taking: Case of the United Arab Emirates”, Research in International Business and Finance, Vol 36 (2016). ISSN 0275-5319. Publisher: Elsevier. Impact Factor: 1.138 (SNIP) and 0.502 (SJR); SCOPUS; ABDC; ERA; h index 19 [Sole Author]
    • Uddin, Md Hamid, “Government Ownerships in Corporate Firms: An Empirical Study of the United Arab Emirates”, Corporate Ownership and Control, Vol. 12, Issue 4, 2015. ISSN 1727-9232. Publisher: Virtus Interpress. Impact Factor 0.13 (SJR); SCOPUS; ABDC; ERA; h-index 10. [Sole Author]
    • Uddin, Md Hamid (and S. Halbouni and M. Raj), “Performance of Government-Linked Companies Listed on two Stock Exchanges of United Arab Emirates – An Empirical Study”, Emerging Market Finance and Trade. Vol. 50, No. S1, 2014. ISSN 1540-496X. Publisher: Routledge (Taylor & Francis). Impact Factor 1.19 (ISI) and 0.35 (SJR); Thomson Reuter; SCOPUS; ABDC; ERA; h-index 17. [First Author]
    • Uddin, Md Hamid (and M. Hasan), Corporate Governance Disclosure and Security’s Market Risk of UAE listed Companies, International Journal of Economics and Finance, Vol. 6 No.1, 2014 ISSN 1916-971X. Publisher: Canadian Centre of Science and Education, Toronto. ABDC; Cabell's, EconLit. [First Author]
    • Uddin, Md Hamid (with Raj M.), Do Bidders Gain in Related Acquisitions? Some Evidence from UK” International Journal of Economics and Finance, Vol. 5 No.1, 2013 ISSN 1916-971X 9. Publisher: Canadian Centre of Science and Education, Toronto ABDC; Cabell’s, EconLit. [Co Author]
    • Uddin, Md Hamid (with O. Sweidan and M. Raj), The Fed’s Re-Programming Strategy and Private Sector Reaction to Re-Energize the U.S. Economy During Great recession: A Simplified Analysis, Journal of Economic Research Vol. 17, No.2. 2012, ISSN 1226-4261. Publisher: Hanyang Economic Research Institute, Hanyang University, Korea. ABDC, EconLit. [Co-Author]
    • Uddin, Md Hamid (and Raj M.), “Aftermarket Risk and Underpricing of Initial Public Offers in the Arabian Gulf Countries: An empirical Analysis”, The International Journal of Business and Finance Research" Vol. 6 No.3, 2012. ISSN: 1931-0269. Publisher: Institute of Business and Finance Research, Hawaii. ABDC; Cabell's and Ulrich. [First Author].
    • Uddin, Md Hamid (with Raj, M.), “Bidder Motivation and Long Term Performance of UK mergers”, Corporate Ownership and Control”, Vol. 8, No. 2, 2011. ISSN 1727-9232. Publisher: Virtus Interpress, Impact Factor 0.13 (SJR); SCOPUS; ABDC; ERA; h-index 9. [Co Author]
    • Uddin, Md Hamid, “An Empirical Examination of Exchange Rate between Bangladesh Taka and US Dollar after Switching to Floating System”, Journal of Emerging Markets, Vol. 16, 2011, ISSN 1083-9798. Publisher: St. John's University, New York. Listed in EconLit [Sole Author]
    • Uddin, Md Hamid (and M. Hassan), “Corporate Risk Information in Annual Reports and Stock Price Behavior in the United Arab Emirates”, Academy of Accounting and Financial Studies, Vol. 15, No. 1, 2011, ISSN: 1096-3685. Publisher: Allied Academics, North Carolina. Impact Factor 0.18 (SJR); h index 2; SCOPUS; ABDC; ERA. [First Author]
    • Uddin, Md Hamid, “Corporate Spin-offs and Shareholders Value: Evidence from Singapore”, The International Journal of Business and Finance Research" Vol. 4, No. 4, 2010. ISSN: 1931-0269. Publisher: Institute of Business and Finance Research, Hawaii. ABDC; Cabell's and Ulrich. Ranked in SSRN’s Top-ten downloaded papers in 2011. [Sole Author]
    • Uddin, Md. Hamid (with H. A. H. Tamimi and A. S. Lafi), “Bank Image In the UAE: Comparing Islamic and Conventional Banks”, Journal of Financial Services Marketing, Vol. 14, 2009, ISSN: 1363-0539. Publisher: Palgrave Macmillan. Impact Factor 0.24 (SJR); SCOPUS, ABDC; ERA; h index 6. [Co Author]
    • Uddin, Md Hamid, "Reexamination of Stock Liquidity Risk with a Relative Measure", Studies in Economics and Finance, Vol. 26, No. 1, 2009, ISSN: 1086-7376. Publisher: Emerald UK. Impact Factor 0.24 (SJR) and 0.426 (RePEc); SCOPUS; ABDC, ERA; ABS, AERES; h index 5. (Sole Author)
    • Uddin, Md Hamid, (D. Osman)"Effect of Dividend Announcement on Shareholders' Value: Evidence from Saudi Arabian Stock Exchange", International Journal of Business and Finance Research" Vol. 2, 2008. ISSN: 1939-0269. Publisher: Institute of Business and Finance Research, Hawaii. ABDC; Cabell's and Ulrich. [First Author]
    • Uddin, Md. Hamid, (M. Hossain, J. Alam, and M. Mohiuddin) “Liquidity Risk in Dhaka Stock Exchange: An Empirical Study”, AIUB Journal of Business and Economics, Vol. 6, 2007. ISSN 1683-8742. Publisher: American International University Bangladesh. [First Author]
    • Uddin, Md. Hamid (with J. Alam and K. J. Sogra), “Managers' Background and Financial Performance: An Empirical Study on the Companies listed on Dhaka Stock Exchange” Journal of Business Administration, Vol. 31, 2005. ISSN 1680-9823. Publisher: IBA, University of Dhaka [Co Author]
    • Uddin, Md. Hamid (and G. M. Chowdhury), “Effect of Dividend Announcement and Shareholders’ Value: Evidence from Dhaka Stock Exchange”, Journal of Business Research, Vol. 7, 2005. Publisher: Jahangirnagar University, Savar, Dhaka. [First Author]
    • Uddin, Md. Hamid (and G. M. Chowdhury and M. M. Uddin), “Why do IPO Investors Earn High Initial Returns: Evidence from Dhaka Stock Exchange”, AIUB Journal of Business and Economics, Vol. 4, 2005 ISSN 1683-8742. Publisher: American International University Bangladesh. [First Author]
    • Uddin, Md. Hamid (and M. Z. Hossain and Y. Abdullah) “An Empirical Study of the Capital Structure of Companies Listed on Dhaka Stock Exchange”, Journal of Business Administration, Vol. 30, 2004, ISSN 1680-9823. Publisher: IBA, University of Dhaka. [First Author]
    • Uddin, Md. Hamid (and J. Alam), “Impact of Socio Economic and Political Factors on Loan Repayments in Nationalized Commercial Banks of Bangladesh”, Journal of Business Administration, Vol. 29, 2003, p. 65-84. ISSN 1680-9823. Publisher: IBA, University of Dhaka. [Co Author]
    • Uddin, Md. Hamid, (and M. Uddin) “Effect of Dual Listing Announcement on Shareholders Value: Evidence from Dhaka Stock Exchange”, AIUB Journal of Business and Economics, Vol. 2, 2004 ISSN 1683-8742. Publisher: American International University Bangladesh. [First Author]
    • Uddin, Md. Hamid (and Wong, K. Ann), Aftermarket performance of Malaysian IPOs: An empirical analysis, Journal of Business Administration, Vol. 29. 2003, p. 1-30. ISSN 1680-9823. Publisher: IBA, University of Dhaka. [First Author]
    • Uddin, Md Hamid, “Why do IPO Investors Earn High Initial Returns on the Stock Listing Day?” Journal of Business Administration, Vol. 27, 2001, p.60-99. ISSN 1680-9823. Publisher: IBA, University of Dhaka. [Sole Author]
    • Uddin, Md. Hamid, “Effects of Dividend Decisions on Firm Value: A Brief Review of Research Literature on Dividend Effect” Dhaka University Journal of Business Studies, Vol. 22, 2001, p.237-248. ISBN-984-31-1397-2. Publisher: University of Dhaka. [Sole Author]
    • Uddin, Md. Hamid, “Wealth Redistribution and Stockholders-Bondholders Conflict: A brief review of theory and evidence”, Journal of Business Administration, Vol. 23, 1997, p.13-34. ISSN 1680-9823. Publisher: IBA, University of Dhaka. [Sole Author]
    • Uddin, Md. Hamid, “Effects of Shrimp Fry Collection on Primary Education – A study on Batiaghata Thana, Khulna District” Journal of Business Studies, Vol. 17, 1996, p: 77-91. Publisher: University of Dhaka. [Sole Author]
    • Uddin, Md. Hamid, “Accumulation of Appropriate Technology for Industrial Development – Bangladesh perspective” Business Review, Khulna University, Vol. 1. 1994. Publisher: Khulna University. [Sole Author]
  • Refereed Book Chapters
    • Uddin, Md Hamid (with S. Mollah), How Does an Islamic Microfinance Model Play the Key Role in Poverty Alleviation? The European Perspective”, Contemporary Islamic Finance: Innovations, Applications and Best Practices, John Wiley & Sons Inc. 2013, Editor, Karen Hunt-Ahmed. ISBN: 978-1-1181-8090-7. SCOPUS listed. [Co-Author]
    • Uddin, Md Hamid (with K. A. Wong), “The Stock Market I: The New Issue Market”, Chapter 10, The Hong Kong Financial System, 2nd Edition, Oxford University Press, 2004, Editor, Simon S.M.H, ISBN 019593749X. [Co-Author]
    • Uddin, Md Hamid (with K. A. Wong), “The Stock Market II: The Stock Trading Market”, Chapter 11, The Hong Kong Financial System, 2nd Edition, Oxford University Press, 2004, Editor, Simon S.M.H, ISBN 019593749X. [Co-Author]
  • Monograph Book
    • Uddin, Md Hamid, “Raising Equity Capitals: Dynamics of Pricing Initial Public Offers in Malaysia”, 2010, Lambert Academic Publishing. ISBN 978-3-8383-9986-7. September 2010 [Sole Author]
  • Working Papers and Research under Progress
    • High Earning Risk in Islamic Banking – Global Evidence. (First draft completed)
    • The Effect of Corporate Social Responsibility in the Environment of High Religiosity: An Empirical Study of Young Consumers (under submission)
    • The Corporate Diversification Dilemma – An Empirical Analysis
    • The Impact of Financial and Operating Leverage on Firm’s Riskiness: Evidence from GCC countries.
  • Conference Presentations
    • Effect of Government Share Ownership on Corporate Risk Taking: An Empirical Study, World Finance Conference, July 21-24, 2015, Buenos Aires, ARGENTINA
    • Performance of Government-Linked Companies Listed on two Stock Exchanges of United Arab Emirates 22nd Nordic Academy and Management Conference, 21-23 August, 2013, Reykjavik, ICELAND.
    • Corporate Governance Disclosure and Security’s Market Risk of UAE listed Companies, International Conference on Excellence in Business, 09-10, May 2012, Sharjah, UNITED ARAB EMIRATES
    • Aftermarket risk and IPO underpricing of Initial Public Offers in the Arabian Gulf Countries: An empirical analysis, Nordic Academy of Management (NFF), 22-24 August, 2011, Stockholm, SWEDEN
    • An Empirical Examination of Exchange Rate between Bangladesh Taka and US Dollar after Switching to Floating System, 2010 Global Development Finance Conference, Cape Town, 24-26 November, 2010, SOUTH AFRICA
    • Islamic Finance vs. Conventional Finance: An Academic Discussion, Global Conference on Business and Finance Proceedings, 25-28, May 2010, [with D. Osman] San Jose, COSTA RICA.
    • An Empirical Examination of Intended And Unintended IPO Under Pricing In Singapore And Malaysia, International Conference on Applied Business and Economics (ICABE 2008) 2-4 October, 2008, Thessaloniki, GREECE
    • Further Test on Stock Liquidity with a Relative Measure", International Conference on Accounting and Finance, University of Macedonia, 28-29, August 2008. GREECE
    • Dividend Effects on Shareholders’ Value: Evidence from Saudi Stock Exchange” [with D. Osman], Global Conference on Business and Finance” Hawaii, January 09-12, USA
    • Determinants of Exchange Rate Movements: An Empirical Study on BDT-USD Exchange Rate, South Asian Management Forum 2006, 01-02 December 2006, Dhaka, [and S. Ferdous] BANGLADESH
    • Effect of Stock Liquidity on Shareholders’ Return: Evidence from Dhaka Stock Exchange” South Asian Management Forum 2004, 28 November – 01 December 2004, Lahore, PAKISTAN
    • Effect of Dividend Announcement on Shareholders’ Value: Evidence from Dhaka Stock Exchange”, Global Corporate Governance Forum (Sponsored by World Bank), 13-16 December 2003, Hyderabad, INDIA
    • IPO Initial Underpricing and Stock Exchange Listing Time Lag”, Seventh Asia Pacific Finance Association (APFA) Annual Meeting, Shanghai, July 2000. [With K. A. Wong] CHINA.
    • Uddin, Md Hamid, “The Aftermarket Performance of Initial Public Offerings (IPOs): why IPOs outperform the market in the long run? ABN-AMRO International Conference on Initial Public Offerings, Amsterdam, July 2000. [With K. A. Wong] HOLLAND
    • Malaysian Public Offer of Shares: Regulations, Theories, and Evidence”, Seventh Conference on Theories and Practices of Securities and Financial Markets, Asia-Pacific Financial Research Institute, National Sun Yat-sen University, December 1998, [With K. A. Wong] TAIWAN.
    • Uddin, Md Hamid, “Combined Revaluation Effect on the Parent and Spin-off Firm from Divestiture Decision of a Firm”, Asia-Pacific Finance Association and Nippon Finance Association Joint International Conference, Tokyo, July 1998, [with Mohamed Ariff] JAPAN.

Guest Lectures/ Plenary Papers Delivered
  • Guest Speaker at “Meet the Editors Forum” – The 21st Nordic Academy of Management (NFF), 22-24 August, 2011, Stockholm, SWEDEN
  • Guest Speaker, Business School Seminar Series, August 2015, Nilai University, MALAYSIA
  • Invited Discussant at “World Bank Forum on Corporate Governance”, Indian School of Business (ISB), Hyderabad, December 2003, INDIA
  • Academic Visitor and Research Presenter, University of Technology Sydney (UTS), November, 2001, Australia. This special visit was sponsored by UTS School of Finance
  • Academic Visitor and Research Presenter, SOAS, University of London, July 2000, UK. This special visit was sponsored by SOAS.

Awards & Honours
  • Excellence in Executive Training, Sharjah Islamic Centre, University of Sharjah, May, 2016
  • Best and Innovative Teaching Award 2001, National University of Singapore:
  • NUS Research Scholarship for PhD and M.Sc. study at National University of Singapore. 1997-2000
  • Merit Scholarship, IBA University of Dhaka (1989-91)
  • Merit Scholarship, University of Dhaka (1983-88)

Professional Affiliations
  • Financial Management Association (FMA), USA
  • Society for Studies in Emerging Markets, USA

Research & Consultancy Projects
  • Dubai Economic Council (2010 – now)
    - Contribute to policy forums as an academic think-tank: Examples:
    • IMF Regional Economic Outlook Update for the Middle East and North Africa (May 2014)
    • The Financial Sector Development for Promoting Investment and Sustainable Growth in Dubai (March 2014)
    • Business Environment, and Future Development in Dubai – Policy Conference (October 2011)
  • Sharjah Centre for Islamic Economy (2015 to now):
    - Key resource person for executive training and consultancy on Islamic Investment Analysis, Portfolio Management, and Banking Operations.
  • Bangladesh Enterprise Institute (Aug 2003 – Feb 2004):
    - Member of taskforce to develop the Code of Corporate Governance in Bangladesh.
    http://www.ecgi.org/codes/all_codes.php
    http://www.ecgi.org/codes/documents/code.pdf
  • Ministry of Science and Technology, Government of Bangladesh (Jan-Jun 2004):
    - Project Director, Implementation of Electronic Business Case Warehouse at IBA, University of Dhaka
  • U&I, University of Dhaka (Aug 2009 – Aug 2010):
    - Key resource person for training and workshops for the investors and financial market participants
  • Bangladesh Petroleum Exploration and Production Company (June 2004):
    - Review staff promotion cases and interview selected candidates.

Supervision of Postgraduate Research Students
  • On-Going & Proposed Projects
    • PhD Thesis : Sukuk Pricing and Firm Valuation. Taylor’s University: expected completion by May/June 2018.
    • PhD Thesis : An Investigation of Casual Relationship between Macroeconomic Variables and Stock Markets in South Asia. Taylor’s University: starts in April 2017
    • PhD Thesis : An Investigation of Indo-China Financial Market Relations. Taylor’s University: starts in April 2017
  • Completed Projects
    • Honors Thesis : A Decomposition of Initial Returns of IPOs in Singapore and Malaysia. National University of Singapore
    • EMBA Dissertation : Oil Price and Financial Market Activity. University of Sharjah, UAE
    • EMBA Dissertation : Bank Images of UAE Commercial Banks. University of Sharjah, UAE
  • Incomplete Projects
    • M.Phil./PhD : Agency Problems and Dividend Decisions. University of Dhaka, Bangladesh
    • M.Phil./PhD : Corporate Governance and IPO returns in Bangladesh. University of Dhaka, Bangladesh
Others
  • TV Talk Show
    • ATN Bangla (A Bangladeshi Private Television Channel)
      - Discussed on investment issues (Aug 2012 & Aug 2014)
    • Bangladesh Television (National Television Channel)
      - Discussed on banking reforms (2004)
  • Voluntary and Charity
    • Bangladesh Social Club, United Arab Emirates, Advisor 2013 - till now
    • Chittagong Samity, (Welfare Association), UAE, Honorary Member, 2015 – till now
    • Lohagara Baitushaaf, Chittagong, Bangladesh, Donor & Advisor 1990 - till now
    • Bangladesh Accounting and Finance Association Riyadh (Voluntary/Professional)
    • Rotaract Club of Dhaka Metropolitan, Dhaka, Vice President: 1990-1991