Professor Sabur Mollah

BCOM, MCOM, PhD.

Management School

Chair in Financial Management

Sabur Mollah wearing a white shirt, blue tie and blue jacket.

s.mollah@sheffield.ac.uk
+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

Profile

Sabur Mollah holds a Chair in Financial Management at Sheffield University Management School.

He worked as a Professor of Accounting and Finance at Swansea University and as Professor of Finance at the University of Hull before joining the University of Sheffield.

He previously held academic positions at Bournemouth University, Stockholm University, University of Botswana, University of Dhaka, and University of Leeds.

Sabur held several administrative roles in the past, including Member of Senate, Head of School, Director of Research etc.

Sabur obtained his BCOM (Honours in Finance, 1st Class) and MCOM (Finance, 1st Class) from University of Dhaka, PhD in Corporate Finance from University of Leeds, and Docent in Business Administration (specialization in Corporate Finance) from Stockholm University.

He has published extensively on issues surrounding corporate governance, market reactions to dividend policy, and market condition and investor behaviour.

Sabur has raised around £500,000 in external grants from Jan Wallanders och Tom Hedelius Stiftelse Tore Browaldhs Foundation, NASDAQ-OMX Nordic Foundation, VINNOVA Foundation.

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 has been serving the Journal of Banking and Finance, Journal of Financial Services Research, Journal of Financial Stability, and Journal of Business Ethics an ad hoc reviewer.

Research interests

Shift in boardroom dynamics in implementing SDGs via responsible business practices
Responsible banking and UN financial initiative
Inclusion in the workplace, employee welfare, diversity and equality, and worker representation in the boardroom
Female board member and gender pay gap
Role of independent director and boardroom dynamics
Executive attributes and change in boardroom dynamics
Child labour, low paid worker, and outsourcing in developing countries
Outsourcing CO2 emission to the developing countries
Responsible business and climate finance

Publications

Books

Hassan A & Mollah S (2018) Islamic Finance. Springer International Publishing.
Mobarek A & Mollah S (2016) Global Stock Market Integration. Palgrave Macmillan US.

Journal articles

Uddin MH, Mollah S, Islam N & Ali MH (2024) 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.
Uddin MH, Mollah S, Islam N & Ali MH (2023) Does digital transformation matter for operational risk exposure?. Technological Forecasting and Social Change, 197, 122919-122919.
Mamatzakis E, Alexakis C, Yahyaee KA, Pappas V, Mobarek A & Mollah S (2023) Does corporate governance affect the performance and stability of Islamic banks?. Corporate Governance: The International Journal of Business in Society, 23(4), 888-919.
Islam MS, Alam MS, Bin Hasan S & Mollah S (2022) Firm-level political risk and distance-to-default. Journal of Financial Stability, 101082-101082.
Uddin MH, Akter S, Mollah S & Al Mahi M (2022) 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.
Mollah S, Liljeblom E & Mobarek A (2021) Heterogeneity in independent non-executive directors' attributes and risk-taking in large banks. Journal of Corporate Finance, 70.
Rind AA, Akbar S, Boubaker S, Lajili‐Jarjir S & Mollah S (2021) The role of peer effects in corporate employee welfare policies. British Journal of Management.
Mollah S, Skully M & Liljeblom E (2021) Strong boards and risk-taking in Islamic banks. Review of Corporate Finance, 1(1-2), 135-180.
Abdelsalam O, Elnahass M, Batten JA & Mollah S (2021) New insights into bank asset securitization : the impact of religiosity. Journal of Financial Stability. View this article in WRRO
Uddin MH, Mollah S & Ali MH (2020) Does cyber tech spending matter for bank stability?. International Review of Financial Analysis, 101587-101587.
Habib A, Hasan MM, Mollah S & Molyneux P (2020) Financial Statement Comparability, Earnings Smoothing and Loan-Loss Provisioning in Banking.
Joseph NL, Vo TTA, Mobarek A & Mollah S (2020) Volatility and asymmetric dependence in Central and East European stock markets. Review of Quantitative Finance and Accounting. View this article in WRRO
Rasel Chowdhury AZM, Mollah S, Zaman MA & Farooque OA (2019) In Search of Opportunistic Trades of Corporate Insiders: Evidence from the US Market.
Mollah S, Farooque OA, Mobarek A & Molyneux P (2019) Bank corporate governance and future earnings predictability. Journal of Financial Services Research. View this article in WRRO
Chowdhury A, Mollah S & Al Farooque O (2018) Insider-trading, discretionary accruals and information asymmetry. The British Accounting Review, 50(4), 341-363.
Srivastav A, Keasey K, Mollah S & Vallascas F (2017) CEO turnover in large banks: Does tail risk matter?. Journal of Accounting and Economics, 64(1), 37-55.
Vallascas F, Mollah S & Keasey K (2017) 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.
Mollah S, Hassan MK, Al Farooque O & Mobarek A (2017) The governance, risk-taking, and performance of Islamic banks. Journal of Financial Services Research, 51(2), 195-219.
Abdelsalam O, Elnahass M & Mollah S (2017) Asset Securitization and Bank Risk: Do Religiosity or Ownership Structure Matter?.
Mollah S & Liljeblom E (2016) 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.
Mobarek A, Muradoglu G, Mollah S & Hou AJ (2016) Determinants of time varying co-movements among international stock markets during crisis and non-crisis periods. Journal of Financial Stability, 24, 1-11.
Mollah S, Quoreshi AMMS & Zafirov G (2016) 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.
Mollah S & Zaman M (2015) Shari’ah supervision, corporate governance and performance: Conventional vs. Islamic banks. Journal of Banking & Finance, 58, 418-435.
Liljeblom E, Mollah S & Rotter P (2015) Do dividends signal future earnings in the Nordic stock markets?. Review of Quantitative Finance and Accounting, 44(3), 493-511.
Mobarek A, Mollah S & Keasey K (2014) A cross-country analysis of herd behavior in Europe. Journal of International Financial Markets, Institutions and Money, 32, 107-127.
Waresul Karim AKM, van Zijl T & Mollah S (2013) 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.
Mollah S, Al Farooque O & Karim W (2012) Ownership structure, corporate governance and firm performance. Studies in Economics and Finance, 29(4), 301-319.
Mollah S (2011) Do emerging market firms follow different dividend policies?. Studies in Economics and Finance, 28(2), 118-135.
Mollah S (2010) Financial crisis: is there a need for paradigm shift?. Studies in Economics and Finance, 27(2).
Mollah S & Mobarek A (2009) Market volatility across countries – evidence from international markets. Studies in Economics and Finance, 26(4), 257-274.
Simsek R, Mollah S & Tunyi A () Corporate governance structure and climate‐related financial disclosure: Conventional banks versus Islamic banks. Business Strategy and the Environment.
Abdelsalam O, Mollah S, Tortosa‐Ausina E & El‐Masry AA () Do political connections matter for bank efficiency in times of crisis?. International Journal of Finance & Economics.
Boubaker S, Uddin MH, Kabir SH & Mollah S () Does cost-inefficiency in Islamic banking matter for earnings uncertainty?. Review of Accounting and Finance.
Lone R, Mollah S & Yin S () Female Chief Risk Officers (Cros) and Risk-Taking in Banks.

Chapters

Quoreshi AMMS & Mollah S (2019) Conditional Heteroskedasticity in Long-Memory Model “FIMACH” for Return Volatilities in Equity Markets, Contributions to Statistics (pp. 149-169). Springer International Publishing
Mobarek A & Mollah S (2016) Market Integration in Developed and Emerging Markets, GLOBAL STOCK MARKET INTEGRATION: CO-MOVEMENT, CRISES, AND EFFICIENCY IN DEVELOPED AND EMERGING MARKETS (pp. 73-97).
Mobarek A & Mollah S (2016) 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).
Mobarek A & Mollah S (2016) 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).
Mobarek A & Mollah S (2016) 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).
Mobarek A & Mollah S (2016) 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-+).
Mobarek A & Mollah S (2016) 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).
Mobarek A & Mollah S (2016) 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).
Mollah S & Hassan A () 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

Uddin MH, Mollah S & Ali MH () Does CyberTech Spending Matter for Bank Stability?.
Habib A, Hasan MM, Mollah S & Molyneux P () Financial Statement Comparability, Earnings Smoothing and Loan-Loss Provisioning in Banking.
Rasel Chowdhury AZM, Mollah S, Zaman M & Farooque OA () In Search of Opportunistic Trades of Corporate Insiders: Evidence from the Us Market.
Mollah S & Skully MT () Strong Board and Risk-Taking in Islamic Banks.
Abdelsalam O, Elnahass M & Mollah S () Religiosity and Bank Asset Securitization.
Abdelsalam O, Mollah S & Tortosa-Ausina E () Political Connection and Bank In(Efficiency).
Srivastav A, Keasey K, Mollah S & Vallascas F () CEO Turnover in Large Banks: Does Tail Risk Matter?.
Abdelsalam O, Elnahass M & Mollah S () Asset Securitization and Risk: Does Bank Type Matter?.
Abdelsalam O, Elnahass M & Mollah S () Asset Securitization and Bank Risk: Do Religiosity or Ownership Structure Matter?.
Rasel Chowdhury AZM, Mollah S & Zaman MA () What Motivates CEO and CFO Trading Contrarian Beliefs or Superior Information?.
Mollah S & Liljeblom E () Governance and Bank Characteristics in the Credit and Sovereign Debt Crises What is Different?.
Rasel Chowdhury AZM, Mollah S & Zaman M () Are CEOs More Informative than the CFOs? Empirical Evidence from Contrarian Beliefs and Superior Information.
Rasel Chowdhury AZM, Mollah S & Farooque OA () Insider Trading, Earnings Management and Information Asymmetry.
Mollah S, Farooque OA, Asma M & Molyneux P () Corporate Governance and Earnings Predictability in Banks.
Mollah S & Quoreshi AMMS () Conditional Heteroskedasticity in Long Memory Model 'FIMACH' for Return Volatilities in BRICS Equity Markets.
Mollah S & Skully MT () Board Structure, Risk Taking and Financial Fragility: Islamic vs. Conventional Banks.
Mollah S () Stock Returns Behavior of Central European Emerging Markets.
Liljeblom E, Mollah S & Rotter P () Do Dividends Signal Future Earnings in the Nordic Stock Markets?.
Mollah S () Cross-Country Random Walk Hypothesis in Stock Returns: Does the African Equity Markets Behave Differently During Global Crisis?.
Mollah S & Abdelsalam OH () Corporate Governance, Firm Performance, and Risk Disclosure of Islamic Banks During Global Financial Crisis: Matched Pair-Sample Analysis.
Mollah S, Zafirov G & Quoreshi S () Financial Market Contagion during Global Financial Crisis.
Mollah S, Kheirollah A & Quoreshi S () 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.
Mollah S & Hartman T () 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.
Farooque OA, Mollah S & Karim AKMW () Ownership Structure, Board Characteristics and Financial Performance: Evidence from the Botswana Stock Market.
Mollah S & Karim AKMW () Impact of Retained Ownership, CEO-Chair Duality, and Foreign Equity Participation on Auditor Choice of IPO Firms: Evidence from an Emerging Market.
Mollah S () Is Interactive Teaching Strategies Effective in Finance Education? Case of Financial Theory Teaching at Graduate School.
Mollah S () 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.

Research group: Centre for Research into Accounting and Finance in Context (CRAFiC)

Grants

Title: Cyber Risk and Bank Stability: Global Evidence

Awarding body: Taylor’s University Flagship Research, Malaysia
Date: 2017 - to date
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
DateL 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

Sabur’s passion is to master the art of engaging students in a structured process so that it fosters their critical thinking ability, help develops their problem-solving ability, and facilitates their acquisitions of life-long learning skills.

Sabur believes that every student has the ability to succeed, but some of them need appropriate guidance to climb the ladder to success.

He also believes that every student is unique, so they deserve activities that are engaging their strengths.

Sabur poses challenging questions that helps them develop their creativity.

He creates co-operative, fairer, and flexible classroom environment so that his students can think positively and discover what they think and feel better for the world.

Teaching activities

Sabur teaches Corporate Finance and Corporate Governance modules.

He is leading an MBA module on Corporate Finance (MGT6340).

Professional activities and memberships

Editorial Board Member: International Journal of Monetary Economics and Finance
Guest Editor: Studies in Economics and Finance
Membership: American Finance Association; Financial Management Association International; British Accounting and Finance Association; British Academy of Management
Ad Hoc Referee: Journal of Banking and Finance; Journal of Financial Services Research; Journal of Financial Stability; European Financial Management; Journal of International Financial Market, Institutions, and Money; The European Journal of Finance; Journal of Economic Behavior and Organization; International Review of Financial Analysis; Corporate Governance: An International Review
Conference Organization: Program Committee Member: Southern Finance Association Meeting 2010 & 2011, Nordic Academy of Management Conference 2011, Eastern Finance Association 2012 Meeting, Financial Management Association International 2019 Annual Conference.
Track Chair: Market Microstructure Track, Nordic Academy of Management Conference 2011, 2013
External Examiner: University of Liverpool