Professor Sabur Mollah
BCOM, MCOM, PhD.
Management School
Chair in Financial Management
s.mollah@sheffield.ac.uk
+44 114 215 7184
+44 114 215 7184
Room C087, Sheffield University Management School
Full contact details
Professor Sabur Mollah
Management School
Room C087
Sheffield University Management School
Conduit Road
Sheffield
S10 1FL
Management School
Room C087
Sheffield University Management School
Conduit Road
Sheffield
S10 1FL
- Profile
-
Sabur Mollah holds a Chair in Financial Management at Sheffield University Management School. Before joining the University of Sheffield, he was a Professor of Accounting and Finance at Swansea University and a Professor of Finance at the University of Hull.
Sabur previously held several administrative roles, including Member of the Senate, Head of School, Director of Research, etc. He has founded the Academy of Sustainable Finance, Accounting, Accountability & Governance (ASFAAG).
His papers have appeared in world-leading and internationally excellent journals, including the Journal of Accounting and Economics, the Journal of Corporate Finance, the Journal of Banking and Finance, the Journal of Financial Stability, etc.
He serves as the Editor-in-Chief of the Journal of Sustainable Finance and Accounting.
- Qualifications
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- PhD - University of Leeds. Docent in Business Administration (specialization in Corporate Finance)
- Stockholm University. MCOM Finance 1st Class, University of Dhaka.
- BCOM (Hons) Finance 1st Class, University of Dhaka.
- Research interests
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- FinTech and sustainable finance
- Environmental innovation
- Climate finance
- Climate risk governance
- EDI in the boardroom and responsible banking
- Green banking
- Responsible banking and UNEP FI
- Climate risk
- Board gender diversity and environmental sustainability
- Gender diversity and gender pay gap
- Child labour and responsible business
- Outsourcing CO2 emissions and net zero targets
- Responsible business and climate finance
- Publications
-
Books
- Islamic Finance. Springer International Publishing.
- Global Stock Market Integration. Palgrave Macmillan US.
Journal articles
- Why do microfinance institutions charge higher interest rates than banks? The role of operating costs. Finance Research Letters, 106319-106319.
- Independent Directors’ Connectedness and Bank Risk-Taking. Journal of Financial Stability, 101324-101324.
- The role of finance, accounting and governance in sustainability and sustainable development. Journal of Sustainable Finance and Accounting, 1, 100005-100005.
- Corrigendum to “Does digital transformation matter for operational risk exposure?” [Technol. Forecast. Soc. Change 197 (2023) 122919]. Technological Forecasting and Social Change, 199, 123063-123063.
- Does digital transformation matter for operational risk exposure?. Technological Forecasting and Social Change, 197, 122919-122919.
- Does corporate governance affect the performance and stability of Islamic banks?. Corporate Governance: The International Journal of Business in Society, 23(4), 888-919.
- Firm-level political risk and distance-to-default. Journal of Financial Stability, 101082-101082.
- Differences in bank and microfinance business models: An analysis of the loan monitoring systems and funding sources. Journal of International Financial Markets, Institutions and Money, 80, 101644-101644.
- Heterogeneity in independent non-executive directors' attributes and risk-taking in large banks. Journal of Corporate Finance, 70.
- The role of peer effects in corporate employee welfare policies. British Journal of Management.
- Strong boards and risk-taking in Islamic banks. Review of Corporate Finance, 1(1-2), 135-180.
- New insights into bank asset securitization : the impact of religiosity. Journal of Financial Stability. View this article in WRRO
- Does cyber tech spending matter for bank stability?. International Review of Financial Analysis, 101587-101587.
- Financial Statement Comparability, Earnings Smoothing and Loan-Loss Provisioning in Banking.
- Volatility and asymmetric dependence in Central and East European stock markets. Review of Quantitative Finance and Accounting. View this article in WRRO
- In Search of Opportunistic Trades of Corporate Insiders: Evidence from the US Market.
- Bank corporate governance and future earnings predictability. Journal of Financial Services Research. View this article in WRRO
- Insider-trading, discretionary accruals and information asymmetry. The British Accounting Review, 50(4), 341-363.
- CEO turnover in large banks: Does tail risk matter?. Journal of Accounting and Economics, 64(1), 37-55.
- Does the impact of board independence on large bank risks change after the global financial crisis?. Journal of Corporate Finance, 44(J. Financ. vol. LXIX 2014), 149-166.
- The governance, risk-taking, and performance of Islamic banks. Journal of Financial Services Research, 51(2), 195-219.
- Asset Securitization and Bank Risk: Do Religiosity or Ownership Structure Matter?.
- Governance and bank characteristics in the credit and sovereign debt crises – the impact of CEO power11We are grateful to the Editor, Prof. Iftekhar Hasan and three anonymous referees for valuable comments. We acknowledge financial support from Jan Wallanders och Tom Hedelius Stiftelse, Handelsbanken, Sweden (Project ID: P2010-0144: 1). We are especially grateful to Hafiz Hoque for his valuable comments on an early draft of the study in which he also was a co-author. The paper has undergone major changes since then and Hafiz Hoque chose not to be a co-author of this draft. We are also thankful to Omar Sikder, Alovaddin Kalonov, Sharifur Rahman, Iffat Ara, Rokonuzzaman, and other research assistants for their help in data collection. The authors are responsible for any remaining errors.. Journal of Financial Stability, 27, 59-73.
- Determinants of time varying co-movements among international stock markets during crisis and non-crisis periods. Journal of Financial Stability, 24, 1-11.
- Equity market contagion during global financial and Eurozone crises: Evidence from a dynamic correlation analysis. Journal of International Financial Markets, Institutions and Money, 41, 151-167.
- Shari’ah supervision, corporate governance and performance: Conventional vs. Islamic banks. Journal of Banking & Finance, 58, 418-435.
- Do dividends signal future earnings in the Nordic stock markets?. Review of Quantitative Finance and Accounting, 44(3), 493-511.
- A cross-country analysis of herd behavior in Europe. Journal of International Financial Markets, Institutions and Money, 32, 107-127.
- Impact of board ownership, CEO‐Chair duality and foreign equity participation on auditor quality choice of IPO companies. International Journal of Accounting & Information Management, 21(2), 148-169.
- Ownership structure, corporate governance and firm performance. Studies in Economics and Finance, 29(4), 301-319.
- Do emerging market firms follow different dividend policies?. Studies in Economics and Finance, 28(2), 118-135.
- Financial crisis: is there a need for paradigm shift?. Studies in Economics and Finance, 27(2).
- Market volatility across countries – evidence from international markets. Studies in Economics and Finance, 26(4), 257-274.
- The role of independent directors’ tenure and network in controlling real-earnings management practices. Review of Quantitative Finance and Accounting.
- Corporate governance structure and climate‐related financial disclosure: Conventional banks versus Islamic banks. Business Strategy and the Environment.
- Do political connections matter for bank efficiency in times of crisis?. International Journal of Finance & Economics.
- Does cost-inefficiency in Islamic banking matter for earnings uncertainty?. Review of Accounting and Finance.
- Female Chief Risk Officers (Cros) and Risk-Taking in Banks.
Chapters
- Conditional Heteroskedasticity in Long-Memory Model “FIMACH” for Return Volatilities in Equity Markets, Contributions to Statistics (pp. 149-169). Springer International Publishing
- Market Integration in Developed and Emerging Markets, GLOBAL STOCK MARKET INTEGRATION: CO-MOVEMENT, CRISES, AND EFFICIENCY IN DEVELOPED AND EMERGING MARKETS (pp. 73-97).
- Market Integration and Causality in Developed and Emerging Markets during Crisis Periods, GLOBAL STOCK MARKET INTEGRATION: CO-MOVEMENT, CRISES, AND EFFICIENCY IN DEVELOPED AND EMERGING MARKETS (pp. 115-134).
- Market Efficiency in Emerging Markets: Evidence from African and Central European Markets, GLOBAL STOCK MARKET INTEGRATION: CO-MOVEMENT, CRISES, AND EFFICIENCY IN DEVELOPED AND EMERGING MARKETS (pp. 9-72).
- Global Stock Market Integration Co-Movement, Crises, and Efficiency in Developed and Emerging Markets Introduction, GLOBAL STOCK MARKET INTEGRATION: CO-MOVEMENT, CRISES, AND EFFICIENCY IN DEVELOPED AND EMERGING MARKETS (pp. 1-7).
- Global Stock Market Integration Co-Movement, Crises, and Efficiency in Developed and Emerging Markets Executive Summary, GLOBAL STOCK MARKET INTEGRATION: CO-MOVEMENT, CRISES, AND EFFICIENCY IN DEVELOPED AND EMERGING MARKETS (pp. XIII-+).
- Global Stock Market Integration Co-Movement, Crises, and Efficiency in Developed and Emerging Markets Conclusions, GLOBAL STOCK MARKET INTEGRATION: CO-MOVEMENT, CRISES, AND EFFICIENCY IN DEVELOPED AND EMERGING MARKETS (pp. 135-135).
- Determinants of Market Co-Movement in Developed and Emerging Markets, GLOBAL STOCK MARKET INTEGRATION: CO-MOVEMENT, CRISES, AND EFFICIENCY IN DEVELOPED AND EMERGING MARKETS (pp. 99-113).
- Market Microstructure in African Equity Markets, Market Microstructure in Emerging and Developed Markets (pp. 463-481). John Wiley & Sons, Inc.
- How Does an Islamic Microfinance Model Play the Key Role in Poverty Alleviation?: The European Perspective, Contemporary Islamic Finance (pp. 245-253). John Wiley & Sons, Inc.
Preprints
- Independent Directors' Connectedness and Bank Risk-Taking.
- Does CyberTech Spending Matter for Bank Stability?.
- Financial Statement Comparability, Earnings Smoothing and Loan-Loss Provisioning in Banking.
- In Search of Opportunistic Trades of Corporate Insiders: Evidence from the Us Market.
- Strong Board and Risk-Taking in Islamic Banks.
- Religiosity and Bank Asset Securitization.
- Political Connection and Bank In(Efficiency).
- CEO Turnover in Large Banks: Does Tail Risk Matter?.
- Asset Securitization and Risk: Does Bank Type Matter?.
- Asset Securitization and Bank Risk: Do Religiosity or Ownership Structure Matter?.
- What Motivates CEO and CFO Trading Contrarian Beliefs or Superior Information?.
- Governance and Bank Characteristics in the Credit and Sovereign Debt Crises What is Different?.
- Are CEOs More Informative than the CFOs? Empirical Evidence from Contrarian Beliefs and Superior Information.
- Insider Trading, Earnings Management and Information Asymmetry.
- Corporate Governance and Earnings Predictability in Banks.
- Conditional Heteroskedasticity in Long Memory Model 'FIMACH' for Return Volatilities in BRICS Equity Markets.
- Board Structure, Risk Taking and Financial Fragility: Islamic vs. Conventional Banks.
- Stock Returns Behavior of Central European Emerging Markets.
- Do Dividends Signal Future Earnings in the Nordic Stock Markets?.
- Cross-Country Random Walk Hypothesis in Stock Returns: Does the African Equity Markets Behave Differently During Global Crisis?.
- Corporate Governance, Firm Performance, and Risk Disclosure of Islamic Banks During Global Financial Crisis: Matched Pair-Sample Analysis.
- Financial Market Contagion during Global Financial Crisis.
- Did the Returns and Volatilities in BRIC Countries Follow Long Memory During Global Crisis? Did the Reaction Time Vary Across BRIC Countries During Global Crisis? Evidence from ARFIMA-FIGARCH.
- Stock Market Interdependence and Structural Break and Shifts in Relationship Due to Financial Crisis – A Survey of Theoretical Studies, Empirical Results, and Methodologies Applied in the Previous Studies.
- Ownership Structure, Board Characteristics and Financial Performance: Evidence from the Botswana Stock Market.
- Impact of Retained Ownership, CEO-Chair Duality, and Foreign Equity Participation on Auditor Choice of IPO Firms: Evidence from an Emerging Market.
- Is Interactive Teaching Strategies Effective in Finance Education? Case of Financial Theory Teaching at Graduate School.
- Do Emerging Market Firms Follow Different Dividend Policies? Empirical Investigation on the Pre and Post Reform Dividend Policy and Behaviour of Dhaka Stock Exchange Listed Firms.
- Islamic Finance. Springer International Publishing.
- Grants
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Title: Cyber Risk and Bank Stability: Global Evidence
- Awarding body: Taylor’s University Flagship Research, Malaysia
- Date: 2017 - 2022
- Key people: Dr Md. Hamid Uddin (PI) and Prof Sabur Mollah (Co-PI)
- Amount: £32,000
Title: The co-dependence between bank and sovereign risk in Europe and the potential benefits of a banking union
- Awarding body; VINNOVA Research Foundation
- Date: 2013 - 2015
- Key people: Dr Asma Mobarek (PI) and Prof Sabur Mollah (Co-PI)
- Amount: £18,000
Title: IFRS and Market Efficiency: Studying the Impact of IFRS Adoption on Market Efficiency around the World
- Awarding body: Jan Wallanders Och Tom Hedelius Stiftelse Tore Browaldhs Foundation
- Date: 2011 - 2016
- Key people: Prof. Sabur Mollah (PI), Dr. Waresul Karim and Prof. Tony van Zijl
- Amount: £180,000
Cross-country Random Walk Hypothesis and Mean Reverting Long-Memory Properties of Stock Returns: Does the duration for mean reversion varies in equity returns between Pre, during and Post Crisis period?
- Awarding body: NASDAQ-OMX Nordic Foundation
- Date: 2011 - 2016
- Key people: Prof. Sabur Mollah
- Date: £45,000
Title: Corporate Governance Failure of Large Banks during Global Financial Crisis
- Awarding body: Jan Wallanders Och Tom Hedelius Stiftelse Tore Browaldhs Foundation
- Date: 2010 - 2016
- Awarding body: Prof. Sabur Mollah (PI) Dr. Waresul Karim
- Amount: £180,000
Title: Contagion and Co-integration in Financial Markets during Financial Crisis
- Awarding body: NASDAQ-OMX Nordic Foundation
- Date: 2009 - 2016
- Key people: Prof. Sabur Mollah (PI)
- Amount: £45,00
- Teaching interests
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Sabur’s passion is mastering the art of engaging students in a structured process that fosters their critical thinking, helps develop their problem-solving ability, and facilitates their acquisition of life-long learning skills.
Sabur believes every student can succeed, but some need appropriate guidance to climb the ladder to success. He also believes that every student is unique and deserves activities that engage their strengths.
Sabur poses challenging questions that help them develop their creativity. He creates a cooperative, fair, and flexible classroom environment so his students can think positively, discover their beliefs, and feel better about the world.
- Teaching activities
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- MGT61097 Sustainable Finance
- MGT6097 Corporate Finance
- MGT6091 Issues in Finance
- Professional activities and memberships
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- Editor-in-Chief: Journal of Sustainable Finance and Accounting.
- President: the Academy of Sustainable Finance, Accounting, Accountability & Governance (ASFAAG)
- PhD Supervision
I want to supervise PhD students in the areas of FinTech and sustainable finance, environmental innovation, climate finance, climate risk governance, EDI in the boardroom and responsible banking, green banking, responsible banking and UNEP FI, climate risk, board gender diversity and environmental sustainability, gender diversity and gender pay gap, child labour and responsible business, outsourcing CO2 emissions and net zero targets, responsible business and climate finance, etc.
Professor Sabur Mollah supervises:
PhD student Md Hamim