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Career Summary

Biography

Abul Shamsuddin is Professor of Finance at the University of Newcastle. He received his PhD from Simon Fraser University, Canada. Abul has held visiting appointments at the Australian National University, Monash University, La Trobe University and Simon Fraser University. Abul’s main teaching areas are corporate finance, investments and research methods. He has led the development and professional accreditation of the postgraduate finance programs at the University of Newcastle. Abul has previously served as Assistant Dean (Postgraduate) and Director of Postgraduate Business Studies. His research interests include asset pricing, market efficiency and financial market volatility. Abul has published articles in the Journal of Empirical Finance, Financial Review, International Journal of Forecasting, The Review of Income and Wealth, Journal of International Financial Markets, Institutions & Money, Journal of Development Studies, Applied Economics and Pacific-Basin Finance Journal, among others. He has co-authored two books entitled Investments: Analysis and Management (John Wiley) and Introducing Corporate Finance (John Wiley).

Qualifications

  • PhD, Simon Fraser University
  • Master of Arts, Simon Fraser University

Research

Research keywords

  • Asset Pricing
  • Capital Market Integration
  • Market Efficiency

Research expertise

My current research interests include asset pricing, market efficiency and financial market volatility.

Fields of Research

CodeDescriptionPercentage
150201Finance80
140299Applied Economics Not Elsewhere Classified20

Administrative

Administrative expertise

I have served as Head of Accounting and Finance, Assistant Dean (Postgraduate), Director of Postgraduate Studies, and a member of the Faculty Executive Committee, Faculty Board, Research Committee, and Teaching & Learning Committee, among others.

Teaching

Teaching keywords

  • Corporate Finance
  • Financial Institutions Management
  • Investment

Teaching expertise

My teaching interests include Corporate Finance, Investment Analysis and Research Methods.

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Highlighted Publications

For publications that are currently unpublished or in-press, details are shown in italics.

YearCitationAltmetricsLink
2010Shamsuddin AF, Kim JH, 'Short-horizon return predictability in international equity markets', Financial Review, 45 469-484 (2010) [C1]
2008Kim JH, Shamsuddin AF, 'Are Asian stock markets efficient? Evidence from new multiple variance ratio tests', Journal of Empirical Finance, 15 518-532 (2008) [C1]
2008Lubans D, Morgan P, 'Evaluation of an extra-curricular school sport programme promoting lifestyle and lifetime activity for adolescents', JOURNAL OF SPORTS SCIENCES, 26 519-529 (2008) [C1]
1998Shamsuddin AFM, DeVoretz DJ, 'Wealth accumulation of Canadian and foreign-born households in Canada', REVIEW OF INCOME AND WEALTH, 515-533 (1998) [C1]

Publications

For publications that are currently unpublished or in-press, details are shown in italics.

Click on a category title below to expand the list of citations for that specific category.

Book (3 outputs)

YearCitationAltmetricsLink
2008Beal D, Goyen M, Shamsuddin AF, Introducing Corporate Finance, John Wiley & Sons, Milton, QLD, 744 (2008) [A3]
2007Jones CP, Shamsuddin AF, Naumann K, Investments: Analysis and Management, John Wiley & Sons, Milton, Qld., 659 (2007) [A3]
2005Beal D, Goyen M, Shamsuddin AF, Gibson B, Introducing Corporate Finance, John Wiley & Sons Australia, Milton, Queensland, 601 (2005) [A2]

Chapter (1 outputs)

YearCitationAltmetricsLink
1995Shamsuddin AFM, 'Asset Demand of Immigrant and Canadian-Born Households', Diminishing Returns: The Economics of Canada's Recent Immigration Policy, C. D. Howe Institute, Toronto, Canada 83-112 (1995) [B1]

Journal article (29 outputs)

YearCitationAltmetricsLink
2014Shamsuddin A, 'Are Dow Jones Islamic equity indices exposed to interest rate risk?', ECONOMIC MODELLING, 39 273-281 (2014) [C1]
2014Akhtaruzzaman MD, Docherty P, Shamsuddin AFM, 'Interest rate, size and book-to-market effects in Australian financial firms', Applied Economics, 46 3005-3020 (2014) [C1]
2014Akhtaruzzaman MD, Shamsuddin AFM, Easton S, 'Dynamic correlation analysis of spill-over effects of interest rate risk and return on Australian and US financial firms', Journal of International Financial Markets, Institutions and Money, 31 378-396 (2014) [C1]
2014Wu Q, Shamsuddin A, 'Investor attention, information diffusion and industry returns', Pacific Basin Finance Journal, 30 30-43 (2014)
2013Xiang D, Shamsuddin A, Worthington AC, 'The differing efficiency experiences of banks leading up to the global financial crisis: A comparative empirical analysis from Australia, Canada and the UK', Journal of Economics and Finance, 1-20 (2013)
2012Ahmad S, Shamsuddin AF, Treadgold M, 'A monetary analysis of foreign exchange market disequilibrium in Fiji', International Journal of Economic Policy in Emerging Economies, 5 66-81 (2012) [C1]
2012Shamsuddin AF, Xiang D, 'Does bank efficiency matter? Market value relevance of bank efficiency in Australia', Applied Economics, 44 3563-3572 (2012) [C1]
2011Kim JH, Shamsuddin AF, Lim K-P, 'Stock return predictability and the adaptive markets hypothesis: Evidence from century-long US data', Journal of Empirical Finance, 18 868-879 (2011) [C1]
2010Shamsuddin AF, Kim JH, 'Short-horizon return predictability in international equity markets', Financial Review, 45 469-484 (2010) [C1]
2009Shamsuddin AF, 'Interest rate and foreign exchange risk exposures of Australian banks: A note', The International Journal of Banking and Finance, 6 129-138 (2009) [C1]
2008Kim JH, Shamsuddin AF, 'Are Asian stock markets efficient? Evidence from new multiple variance ratio tests', Journal of Empirical Finance, 15 518-532 (2008) [C1]
2008Lubans D, Morgan P, 'Evaluation of an extra-curricular school sport programme promoting lifestyle and lifetime activity for adolescents', JOURNAL OF SPORTS SCIENCES, 26 519-529 (2008) [C1]
2005Azmi WNW, Haron S, Shamsuddin AF, 'Capital Control and Stock Market Interdependencies: The Malaysian Experience', The Global Journal of Finance and Economics, 2 87-101 (2005) [C1]
2004Moosa IA, Shamsuddin AF, 'Expectation formation mechanisms, profitability of foreign exchange trading and exchange rate volatility', Applied Economics, 36 1599-1606 (2004) [C1]
2004Shamsuddin AF, Hillier JR, 'Fundamental determinants of the Australian price - earnings multiple', Pacific-Basin Finance Journal, 12 565-576 (2004) [C1]
2003Moosa I, Shamsuddin AFM, 'Heterogeneity of Traders as a Source of Exchange Rate Volatility', Journal of Financial Studies, 11 43-69 (2003) [C1]
2003Shamsuddin AFM, Kim JH, 'Integration and interdependence of stock and foreign exchange markets: An Australian perspective', Journal of International Financial Markets, Institutions and Money, 13 237-254 (2003)
2001Shamsuddin A, 'Public Pension Benefits and Distribution of Household Wealth in Canada', Applied Economics Letters, 8(5), 315-320, 2001., 315-320 (2001) [C1]
2001Nahid A, Shamsuddin AFM, 'Immigration and the unemployment benefit programme in Australia', APPLIED ECONOMICS, 33 1587-1597 (2001) [C1]
2001Shamsuddin AFM, 'Public pension and wealth inequality in Canada', APPLIED ECONOMICS LETTERS, 8 315-320 (2001)
1999Shamsuddin AFM, 'Labour Supply of Immigrant Women in Australia', Australian Journal of Labour Economics: a journal of labour economics and labour relations, 2 105-134 (1999) [C1]
1998Shamsuddin AFM, 'The double-negative effect on the earnings of foreign-born females in Canada', APPLIED ECONOMICS, 30 1187-1201 (1998) [C1]
1998Shamsuddin AFM, DeVoretz DJ, 'Wealth accumulation of Canadian and foreign-born households in Canada', REVIEW OF INCOME AND WEALTH, 515-533 (1998) [C1]
1998Begum S, Shamsuddin AFM, 'Exports and economic growth in Bangladesh', JOURNAL OF DEVELOPMENT STUDIES, 35 89-114 (1998) [C1]
1997Shamsuddin AFM, Holmes R, 'Cointegration Test of the Monetary Theory of Inflation and Forecasting Accuracy of the Univariate and Vector ARMA Models of Inflation', Journal of Economic Studies, 24 294-306 (1997) [C1]
1997Holmes R, Shamsuddin AFM, 'Short- and long-term effects of World Exposition 1986 on US demand for British Columbia tourism', Tourism Economics: the business and finance of tourism and recreation, 3 137-160 (1997) [C1]
1996Shamsuddin AFM, 'The Effect of Unionisation on the Gender Earnings Gap in Canada: 1971-1981', Applied Economics, 28 1405-1413 (1996) [C1]
1994Shamsuddin AFM, 'Economic Determinants of Foreign Direct Investment in Less Developed Countries', Pakistan Development Review, 33 44-51 (1994) [C1]
1993Holmes R, Shamsuddin AFM, 'Evaluation of Alternative Leading Indicators of British Columbia Industrial Employment', International Journal of Forecasting, 9 77-83 (1993) [C1]
Show 26 more

Conference (13 outputs)

YearCitationAltmetricsLink
2011Xiang D, Shamsuddin AF, Worthington AC, 'A comparative technical, cost and profit efficiency analysis of Australian, Canadian and UK banks: Feasible efficiency improvements in the context of controllable and uncontrollable factors', 24th Australasian Finance and Banking Conference 2011 Proceedings, Sydney (2011) [E1]
2011Shamsuddin AF, 'Are Dow Jones Islamic equity indices exposed to interest rate risk?', 2011 International Finance and Banking Society (IFABS) Conference, Rome (2011) [E1]
2010Kim JH, Lim K-P, Shamsuddin AF, 'Stock return predictability and the adaptive markets hypothesis: Evidence from century long U.S. data', Finance and Corporate Governance Conference 2010. Conference Papers, Melbourne, Vic (2010) [E1]
2010Wu Q, Shamsuddin AF, 'Do industries lead the stock market in Australia? An examination of the gradual information diffusion hypothesis', 23rd Australasian Finance and Banking Conference 2010, Sydney, NSW (2010) [E1]
2009Xiang D, Shamsuddin AF, 'Efficiency and stock market performance of Australian banks', Asian Finance Association 2009 International Conference: Conference Program, Brisbane, QLD (2009) [E1]
2009Shamsuddin AF, 'Asymmetric volatility in emerging south Asian equity markets', Southwestern Finance Association Proceedings, Oklahoma City, OK (2009) [E1]
2009Xiang D, Shamsuddin AF, 'Does efficiency matter? Efficiency of Australian banks and links to stock returns', 22nd Australasian Finance and Banking Conference 2009, Sydney, NSW (2009) [E1]
2009Shamsuddin AF, Kim JH, 'What drives international equity market efficiency?', Southwestern Finance Association Proceedings, Oklahoma City, OK (2009) [E1]
2008Shamsuddin AF, 'Risk exposure of Australian financial institutions', 4th International Conference on Banking and Finance: Proceedings, Langkawi Island, Malaysia (2008) [E2]
2007Shamsuddin AF, 'Market confidence, trading volume and the stock market valuation multiple', Proceedings of the 4th Annual Conference of the Applied Business and Entrepreneurship Association International, Maui, Hawaii (2007) [E1]
2005Azmi WNW, Shamsuddin AF, Haron S, 'Capital Control and International Price Interdependence: Evidence from the Southeast Asia Countries', 12th Global Finance Conference Proceedings, Trinity College, Dublin (2005) [E1]
2005Quazi AM, Shamsuddin AF, 'A Conceptual Exploration of Antecedents and Outcomes of Socially Responsible Investment in Equity Market', ANZMAC 2005 Broadening the Boundaries, University of Western Australia (2005) [E1]
2005Shamsuddin AF, Azmi WNW, Haron S, 'Capital Control and International Price Interdependence: Evidence from the Southeast Asia Countries', 12th Global Finance Conference Proceedings, Trinity College Dublin, Ireland (2005) [E1]
Show 10 more
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Grants and Funding

Summary

Number of grants3
Total funding$13,280

- Indicates that the researcher may be seeking students for this project.

Click on a grant title below to expand the full details for that specific grant.

2007 (1 grants)

Applied Budinsss and Entrepreneurship Association International, Maui, Hawaii, 16/11/2007 - 20/11/2007$1,700
Funding Body: University of Newcastle

Project Team
Professor Abul Shamsuddin
SchemeRole
Travel GrantChief Investigator
Total AmountFunding StartFunding Finish
$1,70020072007
GNo:G0188368

2005 (1 grants)

A conceptual exporlation of antecedents and outcomes of socially responsible investment in equity market, 5-7 December 2005$1,580
Funding Body: University of Newcastle

Project Team
Professor Abul Shamsuddin
SchemeRole
Travel GrantChief Investigator
Total AmountFunding StartFunding Finish
$1,58020052005
GNo:G0186090

2004 (1 grants)

A market-based risk evaluation model for Australian banks$10,000
Funding Body: University of Newcastle

Project Team
Professor Abul Shamsuddin
SchemeRole
New Staff GrantChief Investigator
Total AmountFunding StartFunding Finish
$10,00020042004
GNo:G0184843
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Research Supervision

Number of current supervisions9
Total current UoN PhD EFTSL3.92

For supervisions undertaken at an institution other that the University of Newcastle, the institution name is listed below the program name.

Current Supervision

CommencedProposed
Completion
ProgramSupervisor TypeResearch Title
20142017PhD (Accounting & Finance)Principal SupervisorLiquidity and Systematic Risk in the US Loan Market
20132017PhD (Accounting & Finance)Principal SupervisorReturn Predictability in South Asian Stock Markets
20132017PhD (Accounting & Finance)Principal SupervisorStock Return Anomalies in Emerging Markets
20132017PhD (Accounting & Finance)Principal SupervisorReturn Predictability of Emerging Stock Markets Using Combination Forecast and Regime Switching Models
20122020PhD (Accounting & Finance)Principal SupervisorCorporate Share Float Pricing, Information Asymmetries, Corporate Governance Signalling and Associated Issues
20122016PhD (Accounting & Finance)Principal SupervisorEssays on Equity Market Efficiency in Malaysia
20122016PhD (Accounting & Finance)Principal SupervisorAsset Pricing Factors in Malaysian Equity Returns
20112015PhD (Accounting & Finance)Co-SupervisorDeterminants of Dividend Policy: International Evidence Over 1990-2010
20112015PhD (Economics)Principal SupervisorExchange Rate Dynamics in Uganda: Three Empirical Essays

Past Supervision

YearProgramSupervisor TypeResearch Title
2013PhD (Accounting & Finance)Principal SupervisorInterest Rate Risk of Australian Financial Firms
2012M Philosophy (Accnt & Finance)Principal SupervisorRisk Exposure of Islamic Financial Institutions: Evidence of Gulf Co-operation Council Countries
2011PhD (Accounting & Finance)Principal SupervisorEfficiency of Australian Banks: Its Determinants and Stock Price Relevance
2011PhD (Accounting & Finance)Co-SupervisorAsset Pricing in Australia
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Professor Abul Shamsuddin

Work Phone(02) 4921 6118
Fax(02) 4921 6911
Email
PositionsActing Head of School
Newcastle Business School
Faculty of Business and Law
The University of Newcastle, Australia
DBA Supervisor
Newcastle Business School
Faculty of Business and Law
The University of Newcastle, Australia
Focus AreaAccounting and Finance
Office
SRS 113,
Social Science Building,
Callaghan
University Drive
Callaghan NSW 2308
Australia
URL:www.newcastle.edu.au/profile/abul-shamsuddin