Dr. Muhammad Al Mamun, CPA [MHMN] | North South University

Professor of Finance
Department of Accounting & Finance

PhD in Finance, La Trobe University, Australia
MBA, Victoria University, Australia
MBA & BBA in Finance, University of Dhaka
CPA, CPA Australia, Australia
CFA Professional Full Member, CFA Institute, USA
FinTech (Industry BootCamp), Monash University, Australia
ABDC-PRME Carbon Literacy Program, UK

Office : 740 NAC Building
Phone : +880-2-55668200 Ext: 6065
Email : mamun.muhammad@northsouth.edu

About

Dr. Muhammad is a Professor of Finance at North South University and an adjunct Senior Lecturer (Associate Professor) of Finance at La Trobe University. His previous teaching appointments include Monash University, Victoria University, Federation University, Southern Cross University, and East West University. In his earlier academic roles, Dr. Muhammad served as Department Chairman and Associate to the Placement Director for graduate placement. He has contributed extensively to academic governance through membership in several committees, including the Selection, Promotion, and Review Committee and the School Development Committee. At La Trobe Business School, he also served as an executive member of the School Research Committee and the Teaching and Learning Committee, contributing significantly to the School’s research performance, teaching quality, and academic governance. In addition, he has held responsibilities as Program Director, Course Advisor, and Research Coordinator. His teaching scholarship is reflected in his appointment as a judge for the QS Reimagine Education awards in 2024 and 2025. Beyond academia, Dr. Muhammad has industry experience as a finance advisor and finance director in several companies in Bangladesh and Australia.

Dr. Mohammad's research interests are in empirical corporate finance, sustainable finance, capital markets, and macro-finance. His recent work focuses on understanding the implications of finance for climate change and the role of the top management team in various firm outcomes, including sustainability and financial reporting anomalies. His research works appeared in distinguished academic outlets such as the Journal of Corporate Finance, European Accounting Review, British Journal of Management, Finance Research Letters, Global Finance Journal, Energy Economics, Renewable and Sustainable Energy Reviews, Environmental Science and Pollution Research, Economic Modeling, and Technology in Society. He has received the Research Excellence Award at La Trobe Business School and several external grants from South Korea and KSA. His research and opinion have been cited/appeared in several news outlets, including Yahoo News, SBS News, Over60Sixty, The Conversation, Interest.co.nz, Flipboard, Newsify, and Old Reader.

Dr. Muhammad received his Bachelor of Finance (Hons) degree from the University of Dhaka with the Dean's Merit Award. He also received two MBAs - in Finance from the University of Dhaka and in Human Resources from Victoria University. He earned his PhD in Finance from La Trobe University. Dr. Muhammad also holds full professional CFA and CPA Australia memberships. He also received a FinTech degree from Monash University with high distinction to expand his research and teaching boundaries in areas related to fintech, AI, machine learning, blockchain, and cryptocurrencies.

Selected Publications

Al Mamun, M., Zakir Hassan, Boubaker, S. (Forthcoming). Securing Energy Futures in a Geopolitically Volatile World. International Review of Financial Analysis. ABDC A/ Scopus Q1/ ABS 3]

Alharbi, S. S., Al Mamun, M., Atawnah, N., & Boubaker, S., (2025). Local Gambling Preference and Cost of Bank Loan. European Journal of Finance, 31(5): 523-552. [ABDC A/ Scopus Q1/ ABS 3]

Islam, M. S., Al Mamun, M., & Hoque, I. (2025). A guide to literature reviews: a comprehensive flowchart beyond PRISMA for sample selection and justifications. Management Review Quarterly, 1-18. [ABDC B/ Q1/ ABS 1]

Al Mamun, M., Boubaker, S., Hassan, M. Z., & Manita, R. (2025). Towards net zero: Implications of environmental regulations on green finance. Finance Research Letters, 79, 107299. [ABDC A/ Scopus Q1/ ABS 2]

Islam, M. S., Al Mamun, M., Hoque, I., Lim, M. K., & Sethanan, K., (2025). Classification of review in green supply chain management for future challenges in methodological, generic, and domain-based review. International Journal of Logistics Research and Applications, 1-35. [ABDC B/ Scopus Q1/ ABS 1]

Atawnah, N., Hossain, M. Z., Al Mamun, M., & Badarin, L. (2024). Does product market competition affect corporate waste management? International evidence. International Review of Economics & Finance, 95, 103483. [ABDC A/ Scopus Q1/ ABS 2]

Malik, M., & Al Mamun, M., (2024). Impact of target firm’s social performance on acquisition premiums. Journal of Contemporary Accounting & Economics, 20(2), 100417. [ABDC A/ Scopus Q1/ ABS 2]

Al Mamun, M., Boubaker, S., Hossain, M. Z., & Manita, R. (2024). Female political empowerment and green finance. Energy Economics, 131, 107370. [ABDC A*/ Scopus Q1/ ABS 3]

Akram, K., Al Mamun, M., Raza, S. A., & Suleman, M. T. (2024). Global geopolitical crisis and tourism development in the USA. Current Issues in Tourism, 27(20), 3352-3368. [ABDC A/ Scopus Q1/ ABS 2]

Hossain, M. I., Duong, H. N., Al Mamun, M., & Docherty, P. (2023). Collateral shocks and M&A decisions. Journal of Corporate Finance, 82, 102433. [ABDC A*/ Scopus Q1/ ABS 4]

Al Mamun, M., Malik, M., & Mia, M. A. H. (2023). Peer Pressure, Information Technology Adoption, and Bank Performance. Asian Journal of Business and Accounting, 161-191. [ABDC C/ Scopus Q3]

Alharbi, S. S., Al Mamun, M., Boubaker, S., & Rizvi, S. K. A. (2023). Green finance and renewable energy: A worldwide evidence. Energy Economics, 118, 106499. [ABDC A* / Scopus Q1/ ABS 3]

Al Mamun, M., Boubaker, S., & Nguyen, D. K. (2022). Green finance and decarbonization: Evidence from around the world. Finance Research Letters, 46, 102807. [ABDC A / Scopus Q1/ ABS 2]

Sohag, K., Husain, S., Chukavina, K., & Al Mamun, M., (2022). Policy Uncertainty, Oil Price, Stock Market and Precious Metal Markets Volatility Spillovers in the Russian Economy. Economy of Regions, 18(2). 384-397. [Scopus Q3]

Raza, S. A., Shah, N., Suleman, M. T., & Al Mamun, M. (2021). A Multifractal Detrended Fluctuation Analysis of Housing Market: A Role of Financial Crises in Developed Economies. International Journal of Housing Markets and Analysis. 15(5), 1145-1169. [ABDC B / Scopus Q2/ ABS 1]

Alharbi, S., Al Mamun, M., & Atawnah, N. (2021). Uncovering Real Earnings Management: Pay Attention to Risk-Taking Behavior. International Journal of Financial Studies, 9(4), 53. [ABDC B / Scopus Q2]

Alharbi, S., Atawnah, N., Al Mamun, M., & Ali, M. J. (2021). Local culture and tax avoidance: Evidence from gambling preference behavior. Global Finance Journal, 100585 [ABDC A/ Scopus Q1/ ABS 2]

Al Mamun, M., Balachandran, B., Duong, H. N., & Gul, F. A. (2021). Are Corporate General Counsels in Top Management Effective Monitors? Evidence from Stock Price Crash Risk. European Accounting Review, 1-33. [ABDC A* / Scopus Q1/ ABS 3]

Al Mamun, M., Balachandran, B., & Duong, H. N. (2020). Powerful CEOs and stock price crash risk. Journal of Corporate Finance, 62, 101582. [ABDC A* / Scopus Q1/ ABS 3]

Al Mamun, M., Uddin, G. S., Suleman, M. T., & Kang, S. H. (2020). Geopolitical risk, uncertainty, and Bitcoin investment. Physica A: Statistical Mechanics and its Applications, 540, 123107. [Q2]

Samargandi, N., Al Mamun, M., Sohag, K., & Alandejani, M. (2019). Women at work in Saudi Arabia: Impact of ICT diffusion and financial development. Technology in Society, 59, 101187. [ABDC C / Scopus Q1/ ABS 2]

Malik, M., Al Mamun, M., & Amin, A. (2019). Peer pressure, CSR spending, and long-term financial performance. Asia-Pacific Journal of Accounting & Economics, 26(3), 241-260. [ABDC B / Scopus Q3/ ABS 2]

Yoon, S. M., Al Mamun, M., Uddin, G. S., & Kang, S. H. (2019). Network connectedness and net spillover between financial and commodity markets. The North American Journal of Economics and Finance, 48, 801-818. [ABDC B / Scopus Q1/ ABS 2]

Puwanenthiren, P., Dang, M., Henry, D., Puwanenthiren, P., & Al Mamun, M., (2019). Does managerial ability matter for the choice of seasoned equity offerings? The North American Journal of Economics and Finance, 47, 442-460. [ABDC B / Scopus Q1/ ABS 2]

Khan, S., Jam, F. A., Shahbaz, M., & Al Mamun, M., (2018). Electricity consumption, economic growth, and trade openness in Kazakhstan: Evidence from Cointegration and causality. OPEC Energy Review, 42(3), 224-243. [Scopus Q2]

Al Mamun, M., Sohag, K., Shahbaz, M., & Hammoudeh, S. (2018). Financial markets, innovations, and cleaner energy production in OECD countries. Energy Economics, 72, 236-254. [ABDC A* / Scopus Q1/ ABS 3]

Al Mamun, M., Sohag, K., & Hassan, M. K. (2017). Governance, resources, and growth. Economic Modelling, 63, 238-261. [ABDC A / Scopus Q1/ ABS 2]

Al Mamun, M., Sohag, K., Uddin, G., & Ahmed, A. (2017). Sectoral output, energy use, and CO2 emission in middle-income countries. Environmental Science & Pollution Research, 24(10). [ABDC B / Scopus Q1]

Al Mamun, M., Sohag, K., Samargandi, N., & Yasmeen, F. (2016). Does remittance fuel labor productivity in Bangladesh? The application of an asymmetric non-linear ARDL approach. Applied Economics, 48(50), 4861-4877. [ABDC A / Scopus Q1/ ABS 2]

Al Mamun, M., Hoque, M. A., Hossain, M. T., & Yasmeen, F. (2016). Managing the future megacity: an appraisal of knowledge about energy challenges and energy-saving attitudes among households in Dhaka. International Journal of Sustainable Energy, 35(7), 701-721. [Scopus Q2]

Al Mamun, M., Syeed, M. A., & Yasmeen, F. (2015). Are investors rational, irrational, or Normal? Journal of Economic & Financial Studies, 3(04), 01-15.

Al Mamun, M., Sohag, K., Uddin, G. S., & Shahbaz, M. (2015). Remittance and domestic labor productivity: Evidence from remittance recipient countries. Economic Modelling, 47, 207-218. [ABDC A / Scopus Q1/ ABS 2]

Al Mamun, M., & Sohag, K. (2015). Revisiting the dynamic effect of foreign direct investment on economic growth in LDCs. International Journal of Economic Policy in Emerging Economies, 8(2), 97-118. [Scopus Q4]

Al Mamun, M., Sohag, K., Mia, M. A. H., Uddin, G. S., & Ozturk, I. (2014). Regional differences in the dynamic linkage between CO2 emissions, sectoral output, and economic growth. Renewable and Sustainable Energy Reviews, 38, 1-11. [Scopus Q1]

Al Mamun, M., & Wickremasinghe, G. B. (2014). Dynamic linkages between diffusion of Information Communication Technology and labor productivity in South Asia. Applied Economics, 46(26), 3246-3260. [ABDC A / Scopus Q1/ ABS 2]

Al Mamun, M., (2013). The effect of macroeconomic & market-specific dynamics on stock market development in global growth generator countries. Asian Economic and Financial Review, 3(9), 1152-1170. [Scopus Q3]

Al Mamun, M., Sohog, K., & Akhter, A. (2013). A dynamic panel analysis of the financial determinants of CSR in the Bangladeshi banking industry. Asian Economic and Financial Review, 3(5), 560-576. [Scopus Q3]

Islam, M. S., Al Mamun, M., (2013). Digital divide & its impact on economic growth in SAARC countries. International Journal of Applied Research in Business Administration and Economics, 2(2), 14-26.

Al Mamun, M., & Mia, M. A. H. (2012). Origin of & Solution to Global Financial Meltdown: An Islamic View. International Journal of Business and Management, 7(12), 114.

Al Mamun, M. (2012). Fiscal policy determinants of Bangladeshi economic growth: an econometric analysis. International Journal of Applied Research in Business Administration and Economics, 1(2): 17-31.

Al Mamun, M. (2012). An Assessment of Bangladeshi & Indian Commercial Banks' Trend towards Universal Banking. International Journal of Applied Research in Business Administration and Economics, 1(1). 56-69.

Al Mamun, M., (2012). Towards universal banking: a study of Bangladeshi private commercial banks. International Journal of Research in Commerce, IT and Management, 02(05): 2231– 4245.

Mia, M. A. H., & Al Mamun, M. (2010). Can Behavioural Finance Rationalize the Sources of Alpha? The Cost and Management, 39(4): 26-37.

Awards & Honors

i La Trobe Incentive Research Grant (2024, 2023).

i Winner, La Trobe Business School Mission Award (2022, 2021)

i Winner, La Trobe Business School Research Excellence Award (2020)

i La Trobe Internal Research Grant (2019)

i National Research Foundation of Korea Grant (2020-21, 2018)

i Vision 2030 Grant, KSA (2019-20)

i Australian Postgraduate Award (APA) 2013

i International Postgraduate Research Scholarship (2013).

i UNDP Research Grant (2012)

i Dean Merit Awards (2004, 2003, 2002), University of Dhaka.

Educational Qualifications

CPA

CPA Australia, Australia.
ABDC-PRME CLT Program

Carbon Literacy Trust (UK), London, United Kingdom.
Bootcamp in FinTech

Monash University, Australia.
CFA Professional Full Membership

CFA Institute, United States
PhD in Empirical Corporate Finance

La Trobe University, Melbourne, Australia
Econometric Theory and Application

ASA University, Bangladesh.
MBA in Finance & HRM

Victoria University, Melbourne, Australia.
MBA in Finance

University of Dhaka, Bangladesh.
BBA in Finance

University of Dhaka, Dhaka, Bangladesh.

Media Engagement

Australian Financial Review [AI squeezes the juice from data to stop scam, 2025]

Yahoo News [Rental crisis in Australia, 2023]

Conversation [Australian scam losses: Lessons from UK, 2023]

SBS News [Should banks pay you out if you get scammed, 2023]

Interest.co.nz [Australia & NZ learns for UK, 2023]

Corporate Experience

· Finance Advisor, Fluxnet, Melbourne (2022–Present)
· Financial Planning Advisor, Rebali Metals Limited, Dhaka, Bangladesh (2009-2013)
· Finance Advisor, Prism Business Associates, Dhaka (2008–2013)
· Financial Planning Advisor, Rebali Metals Ltd, Dhaka (2009–2012)
· Director & Finance Advisor, Loyal Real Estate & Business Associates, Bangladesh (2006–2011)
· Graduate Employability Assistant, Industry Alliance, University of Dhaka (2002–2003)

Courses

FIN 440: Corporate Finance

BUS 530: Economic Conditions Analysis

BUS 635: Managerial Finance

Membership and professional Activites

i Full Professional Member, CFA Institute, USA.

i Member, CFA Society Melbourne, Australia.

i Full Member, CPA Australia.

i Member, American Economic Association (AEA)

i Member, American Finance Association (AFA)

Research Interests

i Empirical Corporate Finance, Digital Finance, Governance, Efficiency, and Wellbeing.

i ESG, Climate Change Finance, and Resource Economics.