Dr. K.M. Zahidul Islam
Dr. K.M. Zahidul Islam Professor, Institute of Business Administration

PROFILE

SHORT BIOGRAPHY

K.M. Zahidul Islam received his PhD degree from the Department of Economics and Management from the University of Helsinki, Finland, in 2012, and prior to that he received his MBA degree in Finance from the Institute of Business Administration (IBA-JU), Jahangirnagar University, Bangladesh. He worked as a Researcher at the University of Helsinki for around four years. He has been working with IBA-JU since 2005 where he is currently serving as a Professor. He has published more than 50 scientific papers in reputed international and national journals in the field of Finance and Economics. His research interests include efficiency and productivity analysis, Microfinance, Macro econometrics, International trade, and Money and Capital Markets.

RESEARCH INTEREST

Productivity and Efficiency Analysis, Money and Capital Markets, Macroeconomics

JOURNAL PAPER

Khatun, M. & Islam, KMZ., Beta with Size Premium an Augmented Approach in the Frontier Equity Market: Evidence from Dhaka Stock Exchange., Journal of Applied Finance & Banking,, 12, 1, pp.111-123, 2022.
Alam, S.M.S. Islam, KMZ., Examining adoption of Electronic Human Resource Management from the perspective of Technology Organization Environment Framework, IEEE, Engineering Management Review, 2021.
Alam, S.M.S. Islam, KMZ, Examining the Role of Environmental Corporate Social Responsibility in Building Green Corporate Image and Green Competitive Advantage., International Journal of Corporate Social Responsibility, 16, 8, pp.1-16, 2021.
Chaiti, N.S. & Islam, KMZ., Bank efficiency and practice of earnings management: a study on listed commercial banks of Bangladesh., Asian Journal of Accounting Research, 2021. doi: 10.1108/AJAR-09-2020-0080
Chaiti, N.S. & Islam, KMZ., Uncovering opportunistic earning management practices by the listed private commercial banks of Bangladesh., South Asian Journal of Management, 28, 2, 2021.
Alam, S.M.S. Islam, KMZ., Understanding the interplay of behavioral aspects of firm competitiveness: a case of apparel industry of Bangladesh., Int. J. Sustainable Strategic Management, 8, 2, pp.181-217, 2020.
Islam, KMZ., Akter, Y. & Alam, N., Macroeconomic variables and stock returns in Bangladesh: an empirical analysis in the presence of structural breaks., Journal of Economic Development, 45, 2, 2020.
Islam, KMZ. & Alam, N., Macroeconomic variables and Dhaka stock exchange returns: An application of autoregressive distributed lag bounds testing approach, Journal of Economic Cooperation and Development., 40, 4, pp.55-87, 2020.
Islam, KMZ., Alam, B.A. & Hossain, M.M.H, Impact of Credit Risk Management on Bank Performance: Empirical Evidence from Bangladesh., South Asian Journal of Management, 26, 2, 2019.
Alam, S.M.S. Islam, KMZ., Examining Organizational Learning Intentions: An Illustration of Theory of Planned Behavior in the Apparel Sector of Bangladesh, Pacific Business Review International, 12, 3, pp.9-20, 2019.
Alam, S.M.S. Islam, KMZ., Addressing the impact of population pressure on carbon dioxide emissions: From the perspective of the interplay among output, population, and carbon emission, International Journal of Environment and Sustainable Development, 5, 2, pp.183-200, 2017.
Repon, M.A.H. & Islam, KMZ, Competition and Concentration in Bangladeshi Banking Sector: An Application of Panzar-Rosse Model., Finance and Banking Studies, 5, 1, pp.16-29, 2016.
Hossain, M., Islam, KMZ., Sayeed, M.A. Ikkaa, A Comprehensive Literature Reviews on Open Innovation, Journal of Technology Management and Policy, 7, 1, pp.2-25, 2016.
Kibria, C.G., Islam, KMZ. & Chowdhury, T, Comparative Analysis of Loyalty of 2G and 3G Mobile Technology Customers in Dhaka City., Jaipura International Journal of Management Research, 2, 2, pp.32-42, 2016.
Hossain, M. & Islam, KMZ., Generating Ideas on Online Platforms: A Case Study of “My Starbucks Idea., Arab Economic and Business Journal, 10, pp.102-111, 2015.
Hossain, M. & Islam, KMZ, Ideation through Online Open Innovation Platform: Dell Idea Storm., Journal of Knowledge Economy, 6, 3, pp.611-624, 2015.
Hoque, S., Islam, K.M. Z., & Ripon, M.A.H., Data Envelopment Analysis for Evaluating Banks’ Efficiency in Maximizing Shareholders’ Wealth: Evidence from Selected Bangladeshi Commercial Banks, South Asian Journal of Management, 21, 4, pp.145-165, 2014.
Sieva¨nen, R., Sumelius, J., Islam, K.M.Z and Sell, M., From struggle in responsible investment to potential to improve global environmental governance through UN PRI, Int Environ Agreements, 2, 3, pp.197-217, 2013.
Islam, K.M.Z, Sumelius, J and Bäckman, S., Do Differences in Technical Efficiency Explain the Adoption rate of HYV RICE? Evidence from Bangladesh., Agricultural Economics Review, 13, 1, pp.93-110, 2012.
Bäckman, S., Islam, K.M.Z and Sumelius, J., Determinants of Technical Efficiency of Rice Farms in North-Central and North-Western Regions in Bangladesh, The Journal of Developing Areas, 1, 1, pp.73-94, 2011.
Islam, K.M.Z, Bäckman, S., and Sumelius, J., Technical, economic and allocative efficiency of microfinance borrowers and non-borrowers: Evidence from Bangladesh, European Journal of Social Sciences, 18, 3, pp.361-377, 2011.
Islam, K.M.Z, Sipilänan, T., and Sumelius, J., Access to microfinance: Does it matter for profit efficiency among small scale rice farmers in Bangladesh., Middle-East Journal of Scientific Research, 9, 3, pp.311-323, 2011.
Islam, K.M.Z, Sipilänan, T., and Sumelius, J., Influence of credit constraints on technical, allocative and cost efficiency in peasant farming in Bangladesh., European Journal of Scientific Research, 56(2), 229-243., 56, 2, pp.229-243, 2011.
Hossain, M.M., Heinonen, V. and Islam, K.M.Z., Consumption of foods and food stuffs processed with hazardous chemicals: A case of Bangladesh., International Journal of consumer Studies, 32, 6, pp.588-595, 2008.
Hossain, M.Z & Islam, K.M.Z., The Impact of Dividend Policy on Stock Price Volatility: Study on Listed Financial Companies of DSE in Bangladesh., Jahangirnagar University Journal of Business Research, 22, pp.11-30, 2021.
Hossain, M.Z & Islam, K.M.Z., Managerial and Institutional Ownership Impact on Dividend Payout Policy: A Study of Listed Non-Financial Companies of Dhaka Stock Exchange in Bangladesh,, Bangladesh University of Business and Technology BUBT Journal,, 2021.
Islam, K.M. Z., Belayet, S.B. & Kibria, C.G., Technical, Allocative and Economic Efficiency of Commercial Banks of Bangladesh: A DEA based Non-Parametric Approach., The Jahangirnagar Review., XLIII, 2019.
Saha, R.K., Alam, M.B. & Islam, KMZ., Determinants of Liquidity of Commercial Banks in Bangladesh: A panel Cointegration Approach., The Jahangirnagar Journal of Business Studies, 8, 1, pp.137-150, 2019.
Islam, K.M.Z., Rumi, A.F. & Hoque. M.N., Bank Specific Determinants of Commercial bank Profitability in Bangladesh., North South Business Review, 7, 2, pp.42-59, 2017.
Islam, K.M.Z., Sharif, M.I. & Hoque. M.N., Firm-specific and Macroeconomic Determinants of Capital Structure: Evidence from Pharmaceutical Industry in Bangladesh., Business Review, Khulna University, Bangladesh, 11, (1 &2), pp.43-57, (2016) Print in 2018.
Islam, K.M.Z., Saha, R.K. & Haque, N., Determinants of Liquidity of Commercial Bank: Empirical Evidence from Bangladesh, The Jahangirnagar Economic Review, 27, pp.147-165, 2016.
Ahmed, S.F. & Islam, K.M.Z., Determinants of Inflation in Bangladesh: An Econometric Analysis using ARDL Bound Test Approach, The Jahangirnagar Business Research Review,, 18,17, pp.1-23, 2016.
Kibria, C.G., Kabir, M. & Islam, KMZ., Theory of Change in Development., Biiss Journal, 37, 1, pp.67-84, 2016.
Islam, K.M.Z., Sharif, M.I & Ahmed, M., Corporate Governance and Firm Performance: Evidence from Selected Firms Listed in Dhaka Stock Exchange., Daffodil International University Journal of Business and Economics,, 9, 2, pp.10-25., 2015.
Islam, K.M. Z. Hoque, M.N. & Ahmed, S.M.A.M., Dynamic Relationships Between Stock Market Indices and Macroeconomic Aggregates: A Time Series Evidence from Bangladesh Economy., The Jahangirnagar Journal of Finance & Banking, 3,, 3, pp.113-131., 2015.
Hoque, M.N., Islam, K.M.Z. & Munim, K.M.A., Validity of Twin Deficit Hypothesis: Evidence from Developing Countries using Panel data., North South Business Review,, 17, pp.1-26, 2015.
Hoque, M.N., Islam, K.M. Z. & Munim, K.M. A., Bangladesh and India Trade Deficit and Exchange Rate Dynamics: A Time Series Analysis., The Jahangirnagar Business Research Review, 17, pp.1-24, 2015.
Reza, M.R., Islam, K.M. Z., Hossain, M.M. & M.N.H. Bhuiyan, Relative Inefficiency in the Market Pricing for Companies Listed under the Book-building Process and Subsequent Free-Fall., The Jahangirnagar Journal of Finance & Banking, 3, pp.1-16, 2015.
Hossain, M.M., Islam, K.M.Z. & Rahman, M.A., Consumer Style Index Inventory, Jahangirnagar University Journal of Marketing, 2, pp.73-83, 2015.
Ahmed, S.F., Islam, K.M.Z. & Khan, M.R., Relationship between inflation & stock market returns: Evidence from Bangladesh., Daffodil International Journal of Business and Economics, 9, 1, pp.1-12, 2015.
Islam, K.M.Z., & Saha, T.K., An Empirical Analysis of the Determinants of Dividend Policy: Evidence from Bangladesh Commercial Banks., Jahangirnagar University Journal of Marketing, 2, pp.73-83, 2014.
Islam, K.M. Z., & Sakib, R.N., The efficiency of Non-Bank Financial Institutions: Empirical Evidence from Bangladesh., The Jahangirnagar Journal of Finance & Banking, 2, pp.1-23, 2014.
Islam, K.M.Z., Hoque, M.N., Application of Stochastic Frontier and Data Envelopment Analysis on the Measurement of Farming Efficiencies in Bangladesh., North South Business Review, 5, 1, pp.47-68, 2014.
Hoque, S., Islam, K.M. Z., & Saha, R.K., Factors Affecting the Solvency of Commercial Banks of Bangladesh: An Empirical Evidence., Daffodil International University Journal of Business and Economic, 8, 1, pp.19-34, 2014.
Islam, K.MZ. & Ahmed, S.F., Investigating the Stock Market Volatility: Evidence from Dhaka Stock Exchange., The Jahangirnagar Faculty of Business & Economics, 4, 1, pp.121-138, 2014.
Kashem, M.A. & Islam, K.M.Z, Macroeconomic Determinants of Bank Profitability: A time series investigation on Bangladesh., The Jahangirnagar Review, Part II, Social Sciences, 35, pp.1-12, 2011, (Printed in 2015).
Islam, K.M.Z and Uddin Riaz, Access to Finance: Factoring to mitigate working capital crunch of SMEs in Bangladesh., The Jahangirnagar Review Part II, Social science, 29, pp.219-228, 2006.
Al Hasan, M.R. & Islam, K.M.Z., Social Safety Net for Poverty Alleviation and Expectations: The Bangladesh Perspective., Social Science Review, The Dhaka University Studies, Part-D, 24, 2, pp.33-45, 2008.
Al Hasan, M.R & Islam, K.M.Z., Bridging the Gap between Microfinance and SME Financing in Bangladesh: Unlocking the Potentials., Daffodil International University Journal of Business and Economics, 3, 1, pp.43-57, 2008.
Islam, K.M.Z., Siddique M.M., & Rahman, I.M., Book Building System-Will it really help to build the market, Journal of Business Research, 8, pp.63-76, 2006.
Al Hasan, M.R. and Islam, K.M.Z., Managing Microfinance Institutions (MFIs) Efficiently: Measuring Performance and Sustainability, The Jahangirnagar Review Part II, Social science, 29, pp.229-243, 2006.
Siddique, M.M., Islam, K.M.Z and Rahman, Ibn Masud, Revisiting SME Financing in Bangladesh., Daffodil International University Journal of Business and Economics, 1, 1, pp.71-86, 2006.
Siddique, M.M., Hossain, M.M., & Islam, K.M.Z., Asset Securitization in Bangladesh, Practices and Impediments., The Cost and Management, 34, 2, pp.19-38, 2006.
Mohammad, F., Siddique, M.M., & Islam, K.M.Z., Effect of New IPO Issuance on the Secondary: Evidence from Dhaka Stock Exchange (DSE)., Jahangirnagar Economic Review, 17, 1, pp.1-16, 2006.

BOOK CHAPTER

Sumelius, J., Islam, K.M. Z., Policies and Strategies. Towards an Environmental Society? Concepts, Policies, Outcomes, Charles University, pp.95-105, Prague, 2012.

OTHER

Islam, K.MZ. & Ahmed, S.F., Stock Market Crash and Stock Return Volatility: Empirical Evidence From Dhaka Stock Exchange., Bangladesh Development Studies, XXXVIII, 3, pp.25-34, 2015.
Islam, K.M.Z and Shimelles, T., Rural financial services and effects of microfinance on agricultural productivity and on povert, Department of Economics and Management, University of Helsinki., 2009.
Newton, N., Tuulikki, P., Islam, K.M.Z and Bäckman, S., Investigation of the effects of increases in agricultural productivity with regard to food security, employment and rural development in general., Department of Economics and Management, University of Helsinki, 2009.
Rose, A. I., Islam, K.M.Z. and Hossain, M.M., Analysis of the relation between rural poverty, malnutrition and hunger, and the interlinks with agricultural production growth and productivity growth with special reference to Mozambique and Bangladesh., Department of Economics and Management, University of Helsinki, 2009.
Shimelles, T., Islam, K.M.Z and Tuulikki, P., Effects of land tenure and property rights on agricultural productivity in Ethiopia, Namibia and Bangladesh, Department of Economics and Management, University of Helsinki, 2009.
Islam, K.M.Z and Shimelles, Ten., Rural financial services and effects of microfinance on agricultural productivity and on poverty., Department of Economics and Management, University of Helsinki, 2009.

Teaching

Course Code Course Title Semester/Year
FIN 402 Investment Analysis and Portfolio Management 6th Semester
FIN 401 Corporate Finance 5th Semester
BUS 108 Microeconomics 2nd Semester

Academic Info

Institute: Barisal Cadet College
Period: 1991-1992

SSC

Institute: Barisal Cadet College
Period: 1993-1994

HSC

Institute: Institute of Business Administration
Period: 1994-1998

BBA, Major in Finance 

Institute: Institute of Business Administration
Period: 2000

MBA, Major in Finance 

Institute: University of Helsinki
Period: 2008-2012

Doctor of Philosophy, Department of Economics and Management, University of Helsinki, Finland.

Experience

Organization: IBA, Jahangirnagar University
Position: Faculty
Period: 2005-till date
Organization: University of Helsinki
Position: Researcher
Period: 2008-2012

Worked as a researcher in the University of Helsinki, Department of Economics and Management

Activity

Organization: Communic
Position: Moderator
Period: 2018-2021

Contact

Dr. K.M. Zahidul Islam

Professor
Institute of Business Administration
Jahangirnagar University, Savar, Dhaka-1342, Bangladesh.
Email: kmz@juniv.edu