Dr Hasibul Chowdhury is a Senior Lecturer in Finance at the University of Queensland Business School. Dr Chowdhury holds BBA (Finance) and MBA (Banking) from the University of Dhaka, MBA (Finance) from Tulane University, and PhD (Finance) from the University of Queensland. In addition, he obtained the HEA fellowship (FHEA) from Advance HE, UK. His teaching philosophy is to ensure a high-quality learning environment in the classroom for the students by encouraging active learning methods so that students have clarity in their learning experiences.
Dr Chowdhury’s research focuses on corporate finance and executives’ labor market incentives. His research work has been published in the Journal of Corporate Finance, Journal of Banking and Finance, Journal of Business Finance and Accounting, Journal of Business Research, Pacific-Basin Finance Journal, Journal of Contemporary Accounting and Economics, Global Finance Journal, Accounting and Finance, Australian Journal of Management, and Journal of Behavioral and Experimental Finance. He is an editorial board member of the Journal of International Financial Management & Accounting (JIFMA).
Journal Article: U.S. Political corruption and labor investment (in)efficiency
Chowdhury, Hasibul, Estreich, Timothy, Hossain, Ashrafee and Zheng, Jiayi (2024). U.S. Political corruption and labor investment (in)efficiency. Global Finance Journal, 60 100962, 100962. doi: 10.1016/j.gfj.2024.100962
Journal Article: Acquisitions and social capital
Chowdhury, Hasibul, Hossain, Ashrafee and Jha, Anand (2024). Acquisitions and social capital. Journal of Business Finance and Accounting. doi: 10.1111/jbfa.12787
Journal Article: Tournament-based incentives and media sentiment
Zheng, Jiayi, Chowdhury, Hasibul, Hossain, Md Safayat and Gupta, Kartick (2023). Tournament-based incentives and media sentiment. Journal of Contemporary Accounting and Economics, 19 (2) 100353, 100353. doi: 10.1016/j.jcae.2023.100353
Revealing crash risk perception from analyst coverage
(2018–2019) Accounting and Finance Association of Australia and New Zealand
The impact of investment sentiment and macroeconomic shocks on stock prices
Doctor Philosophy
The Impact of Political Corruption on Insider Trading in the United States
Doctor Philosophy
Essays on Debt Contracting
Doctor Philosophy
U.S. Political corruption and labor investment (in)efficiency
Chowdhury, Hasibul, Estreich, Timothy, Hossain, Ashrafee and Zheng, Jiayi (2024). U.S. Political corruption and labor investment (in)efficiency. Global Finance Journal, 60 100962, 100962. doi: 10.1016/j.gfj.2024.100962
Acquisitions and social capital
Chowdhury, Hasibul, Hossain, Ashrafee and Jha, Anand (2024). Acquisitions and social capital. Journal of Business Finance and Accounting. doi: 10.1111/jbfa.12787
Tournament-based incentives and media sentiment
Zheng, Jiayi, Chowdhury, Hasibul, Hossain, Md Safayat and Gupta, Kartick (2023). Tournament-based incentives and media sentiment. Journal of Contemporary Accounting and Economics, 19 (2) 100353, 100353. doi: 10.1016/j.jcae.2023.100353
Do tournament incentives affect corporate dividend policy?
Chowdhury, Hasibul and Rahman, Shofiqur (2023). Do tournament incentives affect corporate dividend policy?. Journal of Banking and Finance, 152 106877, 1-14. doi: 10.1016/j.jbankfin.2023.106877
Corporate cash holdings through economic policy uncertainty: An Australian study
Heeney, Luke, Yang, Shanelle, Chowdhury, Hasibul and Tan, Kelvin Jui Keng (2023). Corporate cash holdings through economic policy uncertainty: An Australian study. Pacific-Basin Finance Journal, 79 102008, 1-10. doi: 10.1016/j.pacfin.2023.102008
Tournament-based incentives and the lease-versus-buy decision
Rahman, Shofiqur and Chowdhury, Hasibul (2023). Tournament-based incentives and the lease-versus-buy decision. Journal of Banking and Finance, 148 106730. doi: 10.1016/j.jbankfin.2022.106730
Malik, Ihtisham, Chowdhury, Hasibul and Alam, Md Samsul (2023). Equity market response to natural disasters: Does firm's corporate social responsibility make difference?. Global Finance Journal, 55 100801. doi: 10.1016/j.gfj.2022.100801
Does corporate sexual orientation equality affect labor investment efficiency?
Chowdhury, Hasibul, Hossain, Ashrafee, Masum, Abdullah-Al and Zheng, Jiayi (2022). Does corporate sexual orientation equality affect labor investment efficiency?. Global Finance Journal, 55 100747, 100747. doi: 10.1016/j.gfj.2022.100747
Do external labor market incentives improve labor investment efficiency?
Chowdhury, Hasibul, Hossain, Ashrafee, Tan, Kelvin and Zheng, Jiayi (2022). Do external labor market incentives improve labor investment efficiency?. Journal of Behavioral and Experimental Finance, 34 100648, 100648. doi: 10.1016/j.jbef.2022.100648
Chowdhury, Hasibul, Hodgson, Allan and Hasan, Mostafa Monzur (2022). Does a competitive external labour market affect corporate social responsibility? Evidence from industry tournament incentives. Journal of Behavioral and Experimental Finance, 33 100617, 1-21. doi: 10.1016/j.jbef.2021.100617
CEO centrality and stock price crash risk
Krishnamurti, Chandrasekhar, Chowdhury, Hasibul and Han, Hien Duc (2021). CEO centrality and stock price crash risk. Journal of Behavioral and Experimental Finance, 31 100551, 100551. doi: 10.1016/j.jbef.2021.100551
Using abnormal analyst coverage to unlock new evidence on stock price crash risk
Chowdhury, Hasibul, Faff, Robert and Hoang, Khoa (2021). Using abnormal analyst coverage to unlock new evidence on stock price crash risk. Accounting and Finance, 61 (S1), 1557-1588. doi: 10.1111/acfi.12637
Does firm life cycle have impacts on managerial promotion tournament incentives?
Chowdhury, Hasibul and Shams, Syed (2020). Does firm life cycle have impacts on managerial promotion tournament incentives?. Australian Journal of Management, 46 (4), 031289622097441-628. doi: 10.1177/0312896220974417
Chowdhury, Hasibul, Hodgson, Allan and Pathan, Shams (2020). Do external labour market incentives constrain bad news hoarding? The CEO's industry tournament and crash risk reduction. Journal of Corporate Finance, 65 101774, 101774. doi: 10.1016/j.jcorpfin.2020.101774
Leverage deviation from the target debt ratio and leasing
Chowdhury, Hasibul, Rahman, Shofiqur and Sankaran, Harikumar (2020). Leverage deviation from the target debt ratio and leasing. Accounting and Finance, 61 (2) acfi.12710, 3481-3515. doi: 10.1111/acfi.12710
Krishnamurti, Chandrasekhar, Shams, Syed and Chowdhury, Hasibul (2020). Evidence on the trade-off between corporate social responsibility and mergers and acquisitions investment. Australian Journal of Management, 46 (3), 466-498. doi: 10.1177/0312896220950394
Gul, Ferdinand A., Krishnamurti, Chandrasekhar, Shams, Syed and Chowdhury, Hasibul (2020). Corporate social responsibility, overconfident CEOs and empire building: agency and stakeholder theoretic perspectives. Journal of Business Research, 111, 52-68. doi: 10.1016/j.jbusres.2020.01.035
Faff, Robert, Ali, Searat, Atif, Muhammad, Brenner, Matt, Chowdhury, Hasibul, Cruddas, Leelyn, Joubert, Alison, Malik, Ihtisham, Mi, Lin, Nagar, Vinu, Pullen, Tim, Siegrist, Manuel, Smythe, Steve, Stephenson, Jeff, Zhang, Beile and Kun Zhang (2017). Fantasy pitching. Journal of Accounting and Management Information Systems, 16 (2), 360-379. doi: 10.24818/jamis.2017.02007
Does linguistic complexity of annual reports affect corporate leasing decision?
Chi, Danlin, Chowdhury, Hasibul, Eugster, Nicolas and Zheng, Jiayi (2022). Does linguistic complexity of annual reports affect corporate leasing decision?. doi: 10.2139/ssrn.4214982
Revealing crash risk perception from analyst coverage
(2018–2019) Accounting and Finance Association of Australia and New Zealand
The impact of investment sentiment and macroeconomic shocks on stock prices
Doctor Philosophy — Principal Advisor
Other advisors:
The Impact of Political Corruption on Insider Trading in the United States
Doctor Philosophy — Principal Advisor
Other advisors:
Essays on Debt Contracting
Doctor Philosophy — Principal Advisor
Other advisors:
Climate Change Risk and Labor Investment Efficiency
Doctor Philosophy — Principal Advisor
Other advisors:
Socially Responsible Investing (SRI): Stability of Financial Returns in Volatile Climates
Doctor Philosophy — Principal Advisor
Three Essays on Disclosure and Organization Capital in Firms
(2022) Doctor Philosophy — Associate Advisor
Other advisors: