Ahmed Imran Hunjra (PhD-Finance)
Associate Professor (Finance)
Department of Business Administration, Ghazi University,
Dera Ghazi Khan, Pakistan
- Strong record of higher degree by research supervision.
- Passion for developing student’s critical thinking.
- Enjoy a challenging work environment that requires a constant reinvention of oneself.
- Finance academic with research interests in corporate finance, corporate governance, banking, risk management and strategy.
Dr. Ahmed Imran Hunjra is serving as an Assistant Professor at University Institute of Management Sciences-PMAS- Arid Agriculture University Rawalpindi, Pakistan. His areas of research interest are Corporate Finance, Corporate Governance, Financial Risk Management, Strategy and Quantitative Techniques. Ahmed’s graduation is in Mathematics and Economics from Bahauddin Zakariya University in 2006. Ahmed earned his MBA, MS & PhD (Finance) from Iqra University, Pakistan in 2008, 2010 and 2015 respectively. Besides of this, he has done MSc. Economics from Allama Iqba Open University. Furthermore, Ahmed has completed his Post-Doctoral Fellowship in October 2018 at The University of Waikato, New Zealand.
Ahmed has served as a research advisor and external examiner at various universities of Islamabad & Rawalpindi. Ahmed has already supervised 05 PhDs and 47 MS/MPhil students to the successful culmination of their degree. Furthermore, curently 1 PhD scholar is working under his co-supervision. Ahmed has published in a well reputted Journals i.e. Technological Forecasting & Social Change, Finance Research Letters, International Journal Journal of Emerging Markets, Risks, International Journal of Financial Studies, Sustainability, Journal of Financial Reporting & Accounting, Journal Risk & Financial Management, Cogent Economic & Finance etc. Ahmed is a reviewer of thirty plus top-tier journals (Q1). Ahmed won the Thematic Research Grant-2017 having the worth of Rs. 4.0/- million by HEC Pakistan. Ahmed has also received a scholarship for his Post-Doctoral Research from Punjab Higher Commission (PHEC) Pakistan in 2017. Futhermore, Ahmed won the best university teaching and research award in 2019. Ahmed is also associated with different National and International Research Societies. Ahmed’s research orientation and sound analytical skills have been further strengthening by his ability in Statistical Package of Social Sciences (SPSS), AMOS, Eviews, Stata, and Smart-PLS.
Five days workshop on Eviews, Stata, RATS, LATEX, SPSS in August 2015 (School of Economics, Quaid e Azam University, Islamabad, Pakistan)
One-month workshop on SPSS & AMOS in 2010 (Iqra University, Islamabad, Pakistan)
06 months diploma in the English language from National University of Modren Language (NUML), Paksiatn.
I teach most of the quantitatively oriented classes offered in the Institute. The subject matter and approaches to these courses change continuously. As such, I have to revise those courses frequently and strive to improve my teaching effectiveness to reach out to my students. The aim is to develop and hone the critical-thinking skills and to instill the idea that Finance is fundamentally a creative enterprise.
I have extensive teaching experience in both the undergraduate and postgraduate programs. These include courses in finance, econometrics, and data analysis:
- Introduction to Business Finance
- Corporate Finance
- Financial Risk Management
- Financial Management
- Research Methods & Skills
- Advanced Quantitative Techniques
- Business Mathematics
- Business Statistics
Ahmed Imran Hunjra, Butt, B. Z. and Rehman, K.U. (2010). Financial Management Practices in Pakistani Corporate Sector and their Impact on Organization Performance: Theory and Application, LAMBART ACADEMIC PUBLICATION (Germany), ISBN-978-3-8433-8453-7.
Wellalage, H. N., Ahmed Imran Hunjra, Manita, R. and Locke. S., The impact on ICT on Financial Inclusion: Evidence from innovative start-ups. Technological Forecasting and Social Change, Forthcoming (SSCI-IF: 5.846, Q1 & ABDC: A). Click here
Ahmed Imran Hunjra, Boubaker, S., Arunachalam, M. and Mahood, A. (2020). How does CSR mediate the relationship between culture, religiosity and firm performance? Finance Research Letters, 32(04). (SSCI-IF-3.527, Scopus, Q1 & & ABDC: A). Click here
Ahmed Imran Hunjra, Mehmood, A., Nguyen, H. and Tayachi, T. (2020). Do Firm-Specific Risks affect the Banks’ Performance? International Journal of Emerging Markets, Forthcoming. (SSCI-IF: 1.022, Q2 & ABDC: B). Click here
Ahmed Imran Hunjra; Hanif. M; Mehmood, R. & Nguyen, L. V. (2020). Diversification, Corporate Governance, Regulation and Bank Risk-Taking, Journal of Financial Reporting and Accounting, 18(4). (ESCI, Q3 & ABDC: C). Click here
Ahmed Imran Hunjra; Zureigat, Q.; Tayachi, T & Mehmood, R. (2020). Impact of Non-Interest Income and Revenue Concentration on Bank Risk in South Asia, Banks and Bank Systems, 15(04): 15-25. (Scopus, Q3 & ABDC: C). Click here
Ahmed Imran Hunjra, Verhoeven, P. and Qasim, S. (2020). Capital Structure as a Mediating Factor in the Relationship of Uncertainty, CSR, Stakeholder Interest and Financial Performance. Journal of Risk and Financial Management, 13(06): 117. (ESCI & ABDC: B). Click Here
Ahmed Imran Hunjra, and Mahood, A. (2020). How does CSR mediate the relationship between culture, religiosity and firm performance?”. Finance Research Letters, 32(02). Forthcoming (SSCI-IF-1.709, Scopus, Q2 & & ABDC: A). Click Here
Ahmed Imran Hunjra; Tayachi, T., Chani, M. I., Verhoeven, P. & Mehmood, A. (2020). The Moderating effect of Institutional Quality on Environmental Quality and Financial Development Nexus. Sustainability. 12 (09): 3805. (SSCI-IF-2.592 & Scopus-Q2). Click Here
Ahmed Imran Hunjra; Tayachi, T., Mehmood, R., Malik, S., and Malik, Z. (2020). Impact of Credit Risk on Momentum & Contrarian Strategies: Evidence from South Asian Markets” Risks, 8(02): 37. (ESCI, Scopus, & ABDC: B). Click Here
Ahmed Imran Hunjra; Zureigat, Q. and Mahmood, R. (2020). Impact of Capital Regulation and Market Discipline on Capital Ratio Selection: A Cross-Country Study. International Journal of Financial Studies, 8(02): 21. (ESCI, Scopus & ABDC: B). Click Here
Ahmed Imran Hunjra; Tayachi, T & Mehmood, R. (2020). Impact of Ownership Structure on Risk-Taking Behavior of Banks in Pakistan, India, and Bangladesh” Corporate Ownership & Control, 17(03): 108-120. (ABDC: B-Category). Click Here
Moid, A & Ahmed Imran Hunjra. (2020). Use Anger to Guide Your Stock Market Decision-Making: Results from Pakistan. Cogent Economics & Finance, 08(01): 1733279 (ESCI, Scopus & ABDC: B). Click Here
Ahmed Imran Hunjra, Mahmood, R., and Tayachi, T. (2020). Do Corporate Social Responsibility and Corporate Governance affect Stock Price Crash Risk? Journal of Risk & Financial Management, 13(02): 30. (ESCI & ABDC: B). Click Here
Ahmed Imran Hunjra, Uzma, P., Li, L. Chani, I. M. and Mahmood. Rashid. (2020). “Impact of Ownership Concentration, Institutional Ownership and Earnings Management on Stock Market Liquidity. Corporate Ownership & Control, 17(02):77-87. (ABDC: B-Category). Click Here
Mehmood, R, Ahmed Imran Hunjra and Chani, M. I. (2019). The Impact of Corporate Diversification, Financial Structure on Firm Performance: Evidence from South Asian Countries. Journal of Risk and Financial Management, 12(1): 49. (ESCI & ABDC: B). Click Here
Ahmed Imran Hunjra. (2018). Mediating Role of Dividend Policy among its Determinants and Organizational Financial Performance. Cogent Economics & Finance, 6(1): 1558714. (ESCI, Scopus & ABDC: B). Click Here
Ahmed Imran Hunjra, Mehmood, H. and Bakari, H. (2018). Co-movement between Macroeconomic Variables and Capital Flight” Asian Economic and Financial Review, 8(9): 1185-1195. (ABDC: C) Clck Me
Shahzad, I., Ahmed Imran Hunjra, and Azam, I. R. (2017). Forewarning Bankruptcy: An Indigenous Model for Pakistan. Business and Economic Review, 09(4), 261-288. Click Here
Ahmed Imran Hunjra, Azam, M., Niazi, G. S. K., Butt, B. Z., Rehman, K.U. and Azam. R. I. (2011). Risk and Return Relationship in Stock Market and Commodity Prices: A comprehensive study of Pakistani Markets. World Applied Sciences Journal, 13(03): 470-481.Click Here
Ahmed Imran Hunjra, Ali, A. and Bakari, H. (2020). Investor and Inherent Risk towards Potential Returns. NUML International Journal of Business and Management, 14(02): 157-172.
Ahmed Imran Hunjra, Bakari, H., and Ahmed, A., Batool, I. (2019). Investment Options and Preferences of Small Investors from Salaried Class. City Research Journal, 09(02): 415-426. (Y-Category).
Ahmed Imran Hunjra; Gulshion, F. & Faisal, F. (2018). The Impact of Cost Leadership Strategy and Financial Management Control System on Organizational Performance: An Empirical Investigation of Pakistani Service Sector. Lahore Journal of Business, 06(1), 01-19. (Y-category journal)
Hussain, A., Ahmed Imran Hunjra, Faisal, F. and Baig, I, A. (2018). Working Capital Practices across Manufacturing Sector of Pakistan. Journal of Managerial Sciences, 11(03), 433-452. (Y-category journal)
Ahmed Imran Hunjra, Faisal, F., Abden, Z. U., Kamal, A., Ghufran, M. & Bashir, A. (2017). The Assets Liabilities Gap Management of Conventional and Islamic Banks: An Empirical Study of Pakistan, UAE, Malaysia, and Bahrain. Journal of Islamic Business and Management, 07(2), 266-282. (Y-category journal)
Ahmed Imran Hunjra, Faisal, F. and Khan, Z. A. (2017). Application of Lintner’s Dividend Model in Pakistan: Sector-Wise Analysis. NUML International Journal of Business & Management, 12(2), 01-11. (Y-category journal)
L. Riaz, and Ahmed Imran Hunjra, (2015), Relationship between Psychological Factors and Investment Decision Making Mediating by Risk Perception”. Pakistan Journal of Commerce and Social Sciences, 09(03), 968-981. (Y-category journal)
Zaheer, B., Ahmed Imran Hunjra and Rehman K.U. (2010). Financial Management Practices and their Impact on in Organization Performance: Theory and Application”. World Applied Sciences Journal, 09(9): 997-1002. Click Here
Ahmed Imran Hunjra, Colombage, S. and Rehman, K. U. (2019). Mediating Role of Capital Budgeting between Uncertainty, Corporate Social Responsibility and Stakeholder Interest on Firm’s Financial Performance. Paper presented in 2019 Vietnam Symposium of Banking in Finance (VSBF-2019), Vietnam, held in Banking Academy of Vietnam, Hanoi, October 26-26, 2019.
Zaman, W., Ahmed Imran Hunjra, Awan, U. A. & Mahmood, M. T. (2019). Ownership Structure and Investment Decision of Non-Financial Firms in Pakistani Stock Exchanges. Paper presented in 15th South Asian Management Forum (SAMF-2019) IBA University, Sukkur, Pakistan, held in Sukkur, September 27-29, 2019.
Awan, M. A, Hussain. A., Saeed, A. and Ahmed Imran Hunjra, (2018). A Study on Liquidity Risk Management across Asian Countries. Paper presented at 4th Asia International Conference (AIC-2018) University of Technology, Malaysia, held in Langkawi International Conventional Center, December 08-09, 2018
Ahmed Imran Hunjra, Locke, S. and Wellalage, N. H. (2018). Impact of Competition on Risk in South Asian Banking Industry. Paper presented at 2018 Vietnam Symposium in Banking and Finance Hue College of Economics – Hue University, Vietnam October 25-27, 2018.
Ahmed Imran Hunjra, P. Verhoeven, and Locke, S. (2018). Capital Structure as a Mediating Factor between Uncertainty, CSR, Stakeholder Interest and Financial Performance. Paper presented at 22nd Annual (2018) New Zealand Finance Colloquium, held in the School of Economics and Finance, Massey Business School, Massey University on the Palmerston North, New Zealand February 08-09, 2018.
Hussain, A., Ahmed Imran Hunjra, & Baig, I. (2017). Working Capital Practices across Manufacturing Sector of Pakistan. Paper presented at 3rd ASIA International Conference, (AIC-2017) held in Kuala Lumpur, Malaysia December 09-10, 2017.
Ahmed Imran Hunjra and A. Hussain. (2017). Does working capital management enhance the value of firm? Evidence from firm performance and investments in Pakistan. Paper is presented at 20th SZABIST’s National Research Conference, held in SZABIST, Islamabad Campus, Pakistan on April 07, 2017.
Ahmed Imran Hunjra and A. Hussain, (2017). A Comparative Study of Dividend Policy and Share Price across the South Asian Countries. Paper is presented at 1st National Conference on Business Dynamics, held at Allama Iqbal Open University, Islamabad on February 20, 2017.
Q. Abbas, Ahmed Imran Hunjra, M. S. Ijaz, and E. U. Hassan, (2013). Analysis of Pre and Post Merger and Acquisition Financial Performance of Banks in Pakistan. Paper is presented at 2nd International Conference on Emerging Trends in Management (ICETM 2013)” held in Mohammad Ali Jinnah University Islamabad – Pakistan, June 6, 2013.
Q. Abbas, Ahmed Imran Hunjra, and R. I. Azam. (2013). Financial Performance of Banks in Pakistan after mergers and Acquisition. Paper presented at 1st Abasyn International Conference on the Technology and Business Management (AiCTM)” held on April 2-4, 2013.
L. Riaz, Ahmed Imran Hunjra, and R. I. Azam, (2012). Impact of psychological factors on investment decision making mediating by risk perception: A conceptual study. Paper presented at NUML International Conference on Contemporary Trends in Business & Management (ICBM-2012) held in National University of Modern Language (NUML) Islamabad, Pakistan, at 12-13 December 2012.
S. Ijaz, Ahmed Imran Hunjra, and R. I. Azam, (2012). Accessing the Financial Failure Factor Using Z-Score and Current Ratio: A Case from Sugar Sector Listed Companies of Karachi Stock Exchange. Paper presented at NUML International Conference on Contemporary Trends in Business & Management (ICBM-2012)” held in National University of Modern Language (NUML) Islamabad, Pakistan, at 12-13 December 2012.
Ahmed Imran Hunjra, and G. S. K. Niazi, (2011). Investment Appraisal Techniques and its Constraints on Capital Investment. Paper presented at 8th International Conference of Islamic Countries Society of Statistical Sciences (ISOSS) held in National College of Business Administration & Economics (NCBA&E) Lahore, Pakistan, at 8-9 February 2011.
|Sr||Title||Funding Agency||Funding Amount||Status|
Industry- Academia Collaboration: Commercialization of Academic Research
Under Thematic Research Grant Program (TRGP) -2017
|Higher Education Commission (HEC) Pakistan||Worth Rs. 4.0/- Million||Completed|
Investor Protection in Pakistan Stock Exchange (PSX) after Demutualization and CPEC: Challenges and A Way forward for Policy Makers
Under National Research Program for Universities (NRPU)
|Higher Education Commission (HEC) Pakistan||Worth Rs. 7.0/- Million||Proposal Submitted|
|03||Industry Academia Collaboration: Aligning Graduate Skills with Industrial Needs
Under Research & Development (R&D)/Technical Support Fund for Academia-2019
|Government of Punjab (GOP) Pakistan||Worth Rs. 4.0/- Million||Proposal Submitted|
- 1. Finance Research Letters (SSCI, ABDC: A, & Q2)
- 2. R & D Management (SSCI, ABDC: A & Q1)
- 3. Journal of Environmental Management (SSCI, ABDC: A & Q1)
- 4. Journal of Cleaner Production (SSCI, ABDC: A & Q1)
- 5. Technological Forecasting and Social Change (SSCI, ABDC: A & Q1)
- 6. HELIYON (SSCI & Q1)
- 7. Frontiers Psychology (SSCI & Q1)
- 8. SAGE Open (SSCI & Q2)
- 9. Journal of Asia Business Studies (ESCI, ABDC: C & Q1)
- 10. Asian Journal of Business and Accounting (ESCI & Q3)
- External examiner/Referee at National Defence University (NDU) Islamabad, Quaid-i-Azam University (QAU) Islamabad, Islamic International University Islamabad (IIUI), Iqra University Islamabad (IUI), Riphah International University Islamabad, SZABIST Islamabad, National College of Business Administration and Economics (NCBE&E) Lahore, Federal Urdu University of Arts, Science and Technology Islamabad, National University of Modern Languages (NUML) Islamabad, Fatima Jinnah Women University (FJWU) Rawalpindi and Allama Iqbal Open University (AIOU) Islamabad MS/MPhil. & PhD level.
- Member of Faculty Board Meeting and Board of Advanced Studies and Research (BASAR) in Islamic International University Islamabad (IIUI), National University of Modern Languages (NUML), Islamabad and Federal Urdu University of Arts, Science and Technology Islamabad.
- Member of Advisory Board (Subject Specialist) of Punjab Public Service Commission (PPSC), Lahore, Pakistan.
- External Reviewer of Higher Education Commission (HEC) Scientific Review Panel for evaluating the research projects.
- Member of Curriculum Vetting Committee for MS/PhD at Higher Education Commission (HEC) Pakistan
|Student Name||Title of Research||Status||Date|
|Arifha Binti Mohamad||
Factors of Investment Decision Making in the Malaysian Public Listed Companies: Perspectives from Individual Shareholders and Key Stakeholders
|Habib Ur Rehman||Predictors of Firm and Portfolio Level Returns: Empirical Evidence from Pakistan Equity Market
National University of Modern Languages NUML, Pakistan.
Determinants of Firms’ Acquisition Ability and its Impact on Cost Efficiency, Operational Hedging and Returns of Acquirer Firms in Pakistan
Effect of Exchange Rate & Fiscal Policy on Oil Price Volatility and Its Impact on Economic Growth: Pakistan A Case-In-Point
University Research Award-2020 at PMAS-Arid Agriculture University Rawalpindi, dated 20th February 2020.
Post-Doctoral Fellowship Received by Punjab Higher Education Commission (PHEC) Pakistan (worth Rs. 2.24/- million) “PHEC Foreign Post-Doctoral Fellowships Program FY 2016-2017 - Phase II for Punjab Public Sector Colleges/University Faculty”. November 2017 to October 2018.
|Student Name||Title of Research||Status||Date|
Impact of Corporate Diversification, Cost of Capital and Financial Policies on Firm Performance.
Comparative Study of Risk-Adjusted Working Capital Management Practices and its Determinants Across the SAARC Countries.
Impact of Psychological and Social Factors on Investment Decisions Mediating Role of Financial Literacy: A case of Institutional Investor
|Thesis Submitted||July - 2019|
Political Risk, Policy Risk, Corporate Risk Strategies and Cost of Debt: A Comparative Analysis of Pakistani, Indian Corporate Sector
|First Draft Submitted||Nov-2019|
Constructing the Index of Asymmetrical Information and Its Impact on the Financing and Investment Decisions of the Pakistani Non-Financial Sector
|First Draft Submitted||Nov-2019|
|Kaleem Ullah||Impact of Socio-Economic Factors on Investors Investment Decision
Islamia College Peshawar, KPK, Pakistan
|Proposal Approved||June -2019|
Lecture 4 (a)
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Lecture 7 (a)
Lecture 7 (b)
Lecture 8 (a)
Lecture 8 (b)
Lecture 8 (C)
What is an Audit (Overall View)