Dr. Arshad Hassan


Dr. Arshad Hassan is a professor of finance with consulting, research, and teaching experiences in the fields of corporate reporting, corporate finance, portfolio management, and financial risk management. He teaches advanced courses in the field of finance and supervises research scholars. Twenty-five scholars have completed PhD under his research supervision and more than 100 MS scholars worked with him during the last 15 years. Dr. Hassan also qualified the professional examinations like CMA and PFA and served as a professional auditor in the public as well as private sector. Dr. Hassan’s research and writings cover a variety of topics ranging from asset pricing to risk management in financial markets. He has published in high-impact factor journals like finance research letters, Financial Innovation, Energy Economics, Journal of Cleaner Production, International Journal of Emerging Markets, etc. He has also presented a number of research papers at academic conferences in Pakistan, Turkey, and the USA. He is also on the editorial boards of various local and international indexed journals. Presently he is serving as dean Faculty of management and social sciences at CUST and contributing to academic activities in many prestigious institutions as a member of the Board of Studies/Board of Faculty/Board of Advanced Research.

PhD Finance Mohammad Ali Jinnah University Islamabad 2010
MS Finance Mohammad Ali Jinnah University Islamabad 2006
MBA Information Technology Comsats Institute of Information Technology Islamabad 2003
CMA Cost and Management Accounting Institute of Cost and Management Accountants 2000
MSc Mathematics Punjab university Lahore 1988
Associate Professor Capital University of Science and Technology (CUST), Islamabad Since – 2015
Associate Professor Mohammad Ali Jinnah University, Islamabad. 2010 – 2015
Assistant Professor Mohammad Ali Jinnah University, Islamabad. 2008 – 2010
Dean Capital University of Science and Technology (CUST), Islamabad Since – 2012
HoD Mohammad Ali Jinnah University Islamabad 2010 – 2011
CMA Institute of Cost and Management of Pakistan
APA Pakistan Institute of Public Finance Accountants
1. Investment Analysis
2. Asset Pricing
3. Portfolio Management
4. Financial Risk Management
1. PhD A comprehensive Framework for Global and Domestic Asset allocation
2. PhD Remodeling Corporate Social Responsibility
3. PhD Asset Pricing and Stylized facts for Multifactor world
4. PhD Impact of Business Sustainability Performance on Cost of Capital in Emerging Economies
5. PhD Impact of Financial intermediation of micro and macro level growth
6. PhD Behavioral Biases and Stock Market Reactions
7. PhD Capital Structure and Firm Performance: Exploring the Moderating Role of Size
8. PhD Understanding the Dynamics of Business Groups in Pakistan
9. PhD Stability Analysis of Banking system of Pakistan and India
10. PhD Inter Relationship between Basel Accord Regulation, Efficiency and Risk –An Empirical Analysis of Pakistani Banking Industry
11. MS Financial Performance, Sustainability, and Outreach Link in Micro Finance Banks and Impact of Financial Inclusion on Socio-Economic Development in Pakistan
12. MS Role of Information Shocks in Predicting Equity Returns: A Comparison of Asian Developed and Asian Emerging Markets
13. MS Bank Competition, Financial Stability, and Economic Growth Links: A Micro and Macro Level Study of Selected Asian and European Economies
14. MS Mean and Volatility Spillover between the Stock, Gold and Oil Markets during US Financial Crisis and Chinese Stock Market Crash
15. MS Multilevel Drivers of Bank Risk Taking in Dual Banking Systems: Evidence From OIC Countries
16. MS Impact of National Culture on Financial Decisions of the Firms: Evidence from Worldwide Non-Financial Companies
17. MS Liquidity Risks and Asset Pricing in Asian Stock Markets
18. MS Cost of Equity Dynamics: A Comparison Across Emerging and Developed Markets
19. MS Voluntary Disclosure, Enterprise Risk Management, Culture and Stock Price Synchronicity
20. MS Investor sentiments and Equity market Returns
21. MS Causal and dynamic linkages among Stock markets of emerging and developed countries
22. MS Dividend yield Leverage and common stock Returns A study of Karachi Stock Exchange
23. MS P/E Premium and Cross Section of Expected Returns : An Empirical Evidence from Pakistan Equity Market
24. MS Extreme Events and Market Efficiency A Case of Pakistani Stock Exchange
25. MS Book to Market Ratio as a Predictor of Equity Market Returns: Evidence from the Pakistani Equity Market
26. MS Size Leverage and Stock Returns Evidence of the Pakistan
27. MS Herding Behavior in Pakistani equity Market
28. MS Determinants of Capital Structure: Evidence from KSE listed Non Financial Firms in Pakistan
29. MS Return Volatility Spillover and dynamic contagion : A Comparative Study of BRIC and PIKT Equity Markets by Using EGARCH Model
30. MS Financial Ratios and Equity Returns
31. MS Style Analysis of Mutual Funds in Pakistan
32. MS Trend in Corporate Environmental Reporting and Its Impact on Firm Performace
33. MS Earnings Management and Capital Structure Evidence Capital Market of Pakistan
34. MS Long Memory Properties in Stock Prices: Evidence from the Pakistani Stock Market
35. MS Inter-Temporal Relationship Between Risk and Return
36. MS Impact of Interest Rate and Foreign Exchange Rate on Stack Market: Empirical evidence from Pakistan
37. MS Financial Development and Economic Growth
38. MS Comparative Study of Financial Distress Prediction Models in Pakistan
39. MS Impact of Ownership Structure on Financing Decisions of Pakistani Listed Companies
40. MS Determinants of Commercial Banks Interest Rate Spread in Pakistan
41. MS Pricing with Higher Moments: Evidence from Pakistani Equity Market
42. MS Political Instability and Economic Growth Empirical Evidence from Pakistan
43. MS Business Failure Prediction for Publicly Listed Companies in Pakistan
44. MS Impact of Capital Gains Tax on Karachi Stock Exchange Trading Volume
45. MS Persistence of Calendar Effects in Stock Returns and Volatility: A Case of Pakistan and India
46. MS Ownership Premium and Equity Market Return
47. MS Random Walk Versus Mean Reversion; Evidence from Karachi stock exchange
48. MS Long Run Relationship between South Asian Equity Markets ans Equity Markets of Developed World
49. MS Relationship Between Downside Risk and Equity Market Returns: A Study of Karachi Sotck Exchange
50. MS Market, Interest rate and Exchange rate Sensitivity: An empirical study of Pakistani Commercial Banks using an ARDL approach
51. MS Impact of Investor Personality Types on Investment Behavior
52. MS Market Efficiency, Investor Sentiment and Co Movement Between Equity Markets of G-8 Contries
53. MS Determinants of Operational Losses and Impact of Announcement of Operational Loss on Share Value and: A Study of Banking Industry in Pakistan
54. MS Dividend Initiation and Omission and Its Impact on Earnings and Market Returns: Pakistani Stock Market Perspective
55. MS Measuring Investor Sentiments in Equity Markets: Karachi Stock Exchange
56. MS Quality of Financial Reporting and Equity Returns: Empirical Evidence form Pakistan
57. MS Macroeconomic Determinants of Capital Structurs in Context of Market Timing Theory of Capital of Capital Structure
58. MS Identification of Pull and Push Factors for the Portfolio Flows: Evidence fro the Pakistani Economy
59. MS Assets Pricing and Foreign Exchange Rate Risk :econometric Evidence for south Asian Countries
60. MS Foreign Institutional Investors (FII) Investement in Pakistani Equity Market and Stock Market Volatility
61. MS Operational Risk Management A Study of Pakistani Banks in the Context of Basel II
62. MS Determinants of Earning Yield and its Impact on equity Market Returns
63. MS Technical Analysis of Individual Stocks Empirical Evidence from Pakistani Stock Market
64. MS Relationship Between Stock Returns, Volume and Volatility: Evidence from KSE

1Zuee Javaira , Arshad Hassan , “”An examination of herding behavior in Pakistani stock market””, International Journal of Emerging Markets, No: 3, Pages: 474 – 4902015
2Arshad Hassan and Faisal Khan, ““Size, leverage and stocks returns: evidence From Pakistan””, International Journal of Academic Research , No: 12012
3Arshad Hassan and Zafar Moeen Nasir, ““Economic Freedom, Exchange Rates Stability and FDI in South Asia” “, Pakistan Development Review , No: 4, Pages: 423- 4332011
4Arshad Hassan and Safdar Ali Butt, ““Valuation and Accounting for Redeemable Corporate Capital: An Islamic Perspective””, Journal of Islamic Economics, Banking and Finance, , No: 42011
5Arshad Hassan and Tariq Javed, “”Size and value premium in Pakistani equity market””, African Journal of Business Management, No: 16, Pages: 6747-67552011
6Arshad Hassan and Tariq Javed, “”illiquidity premium and stylized returns””, IUP Journal of Financial Economics, Pages: 41-522011
7Arshad Hassan and Tariq Javed, ““An Empirical Investigation of the Causal Relationship among Monetary Variables and Equity Market Returns “”, Lahore Journal of Economics , No: 1, Pages: 115-1372009
8Arshad Hassan and Tariq Javed, ““Macroeconomic influences and equity market returns: A study of an emerging equity Market” “, Journal of economics and Economic Education Research , No: 2, Pages: 47-682009
9Arshad Hassan and Safdar Ali Butt, ““Impact of Ownership Structure and Corporate Governance on Capital Structure of Pakistani Listed Companies” “, International Journal of Business and Management , No: 2, Pages: 50-572009
10Arshad Hassan , ” “Role of Trade, External Debt, Labor Force and Education in Economic Growth empirical evidence from Pakistan by using ARDL Approach” “, European Journal of Scientific Research, No: 12008
11Arshad Hassan and Shoeb Abdullah , ““Testing of Random Walks and Market Efficiency in an Emerging Market- An empirical Analysis of Karachi Stock Exchange”,”, Business Review Cambridge, No: 1, Pages: 271-2812008
12Arshad Hassan and Zafar Moeen Nasir, ““Macroeconomic Factors and Equity Prices An empirical investigation by using ARDL Approach “”, Pakistan Development Review , No: 4, Pages: 501-5132008
13Arshad Hassan , ““Long-Run Relationships between an Emerging Equity Market and Equity Markets of the Developed World An Empirical Analysis of Karachi Stock Exchange”, “, International Research Journal of Finance And Economics, No: 12008
14Arshad Hassan and Zulfiqar AlI shah, ““Impact of Macroeconomic Announcements on the Stock Prices: An Empirical Study on the Pakistani Stock Market””, Business Review Cambridge, No: 1, Pages: 281-2902007

1Arshad Hassan and Tariq Javed, ““Macro Economic Influences and Equity Market Returns””, Ist GBA conference , 20092009
2Arshad Hassan and Zafar Moeen Nasir, ““Macroeconomic Factors and Equity Prices An empirical investigation by using ARDL Approach “, 24th annual conference of Pakistan Society of Development Economics , 20092009
3Arshad Hassan, ““An Empirical Examination of Linkages among Karachi Stock Exchange and Equity Markets of Asia Pacific Region” “, South Western Finance Association Conference, 20082008
4Arshad Hassan, ““Dynamic Linkages between Oil Price Shocks and Equity Markets of Asia Pacific Rim” “, International Business & Economics Research Conference , 20082008

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