Professional Experience

• Senior Lecturer - Department of Accounting and Finance, University of Otago, 2022- present.

• Lecturer (Assistant Professor) - Department of Accounting and Finance, University of Otago, February 2020- 2022.

• Lecturer (Assistant Professor) - Department of Financial and Business Systems, Lincoln University, 2019 - 2020.

• Visiting Fellow - Sustainable Development Policy Institute, 2017 - 2020.

• Lecturer - School of Business, Wellington Institute of Technology, 2015 - 2019.

• Tutor and Teaching Fellow - School of Economics and Finance, Victoria University of Wellington, 2013 - 2016

• Research Fellow - School of Economics and Finance, Victoria University of Wellington, 2017 - 2019.

• Lecturer - The University of Faisalabad, Pakistan, 2006 - 2007.

• Visiting Lecturer - Department of Banking and Finance, Government College University, 2006 - 2007.

Publications

1. Suleman, M. T. and Yaghoubi, M. (2022) Infectious disease and corporate activities. Economics Letters.(ABDC = A)

2. Yousaf, I., Suleman, M. T., and Demirer, R. (2021). Green investments: A luxury good or a financial necessity? Energy Economics, 105745.(ABDC = A*).

Featured on Institutional Investor (June 08, 2021).

3. Iqbal, N., Naeem, M. A., and Suleman, M. T. (2021). Quantifying the asymmetric spillovers in sustainable investments. Journal of International Financial Markets, Institutions and Money, 101480.(ABDC = A)

4. Naeem, M. A., Hasan, M., Arif, M., Suleman, M. T., and Kang, S. H. (2021). Oil and gold as a hedge and safe-haven for metals and agricultural commodities with portfolio implications. Energy Economics, 105758.(ABDC = A*)

5. Ilyas, M., Khan, A., Nadeem, M., and Suleman, M. T. (2021). Economic policy uncertainty, oil price shocks and corporate investment: Evidence from the oil industry. Energy Economics, 97, 105193.(ABDC = A*)

6. Suleman, M. T., McIver, R., and Kang, S. H. (2021). Asymmetric volatility connectedness between Islamic stock and commodity markets. Global Finance Journal, 100653.(ABDC = A)

7. Nadeem, M., Zaman, R., Suleman, M. T., and Atawnah, N. (2021). CEO ability, career concerns, firms' lifecycle and investments in intellectual capital. International Review of Economics and Finance, 75, 237-251.(ABDC = A)

8. Huang, J., Li, Y., Suleman, M. T., and Zhang, H. (2021). Effects of Geopolitical Risks on Gold Market Return Dynamics: Evidence from a Nonparametric Causality-in-quantiles Approach. Defence and Peace Economics, 1-15.(ABDC = B)

9. Zaighum, I., Aman, A., Sharif, A., and Suleman, M. T. (2021). Do energy prices interact with global Islamic stocks? Fresh insights from quantile ARDL approach. Resources Policy, 72, 102068.(ABDC = B)

10. Zhang, H., Demirer, R., Huang, J., Huang, W., and Suleman, M. T. (2021). Economic policy uncertainty and gold return dynamics: Evidence from high-frequency data. Resources Policy, 72, 102078.(ABDC = B)

11. Tiwari, A. K., Suleman, M. T., Ullah, S., and Shahbaz, M. (2021). Analyzing the connectedness between crude oil and petroleum products: Evidence from USA. International Journal of Finance and Economics.(ABDC = B)

12. Huang, J., Ding, Q., Zhang, H., Guo, Y., and Suleman, M. T. (2021). Nonlinear dynamic correlation between geopolitical risk and oil prices: A study based on high-frequency data. Research in International Business and Finance, 56, 101370.(ABDC = B)

13. Raza, S. A., Shah, N., Suleman, M. T., and Al Mamun, M. (2021). A multifractal detrended fluctuation analysis of housing market: a role of financial crises in developed economies. International Journal of Housing Markets and Analysis. (ABDC = B)

14. Tiwari, A. K., Boachie, M. K., Suleman, M. T., and Gupta, R. (2021). Structure dependence between oil and agricultural commodities returns: The role of geopolitical risks. Energy, 219, 119584.(IF = 7.15)

15. Mensi, W., Nekhili, R., Vo, X. V., Suleman, M. T., and Kang, S. H. (2021). Asymmetric volatility connectedness among US stock sectors. The North American Journal of Economics and Finance, 56, 101327.(ABDC = B)

16. Naeem, M. A., Mbarki, I., Suleman, M. T., Vo, X. V., and Shahzad, S. J. H. (2020). Does Twitter Happiness Sentiment predict cryptocurrency? International Review of Finance.(ABDC= A)

17. Gkillas, K., Floros, C., and Suleman, M. T. (2020). Quantile dependencies between discontinuities and time-varying rare disaster risks. The European Journal of Finance, 1-31.(ABDC= A)

18. Frois Caldeira, J., Gupta, R., Suleman, M. T., and Torrent, H. S. (2020). Forecasting the term structure of interest rates of the BRICS: Evidence from a nonparametric functional data analysis. Emerging Markets Finance and Trade, 1-18.(ABDC = B)

19. Naeem, M. A., Peng, Z., Suleman, M. T., Nepal, R., and Shahzad, S. J. H. (2020). Time and frequency connectedness among oil shocks, electricity and clean energy markets. Energy Economics, 91, 104914.(ABDC = A*)

20. Gkillas, K., Gupta, R., Lau, C. K. M., and Suleman, M. T. (2020). Jumps beyond the realms of cricket: India's performance in One Day Internationals and stock market movements. Journal of Applied Statistics, 47(6), 1109-1127. (ABDC = B)

21. Al Mamun, M., Uddin, G. S., Suleman, M. T., and Kang, S. H. (2020). Geopolitical risk, uncertainty and Bitcoin investment. Physica A: Statistical Mechanics and its Applications, 540, 123107.(IF = 3.26)

22. Badshah, I., Demirer, R., and Suleman, M. T. (2019). The effect of economic policy uncertainty on stock-commodity correlations and its implications on optimal hedging. Energy Economics, 84, 104553.(ABDC = A*)

23. Nadeem, M., Suleman, M. T., and Ahmed, A. (2019). Women on boards, firm risk and the profitability nexus: Does gender diversity moderate the risk and return relationship? International Review of Economics and Finance, 64, 427-442. (ABDC = A)

24. Bouras, C., Christou, C., Gupta, R., and Suleman, M. T. (2019). Geopolitical risks, returns, and volatility in emerging stock markets: evidence from a panel GARCH model. Emerging Markets Finance and Trade, 55(8), 1841-1856. (ABDC = B)

25. Chapple, E., Chen, B., Suleman, M. T., and Truong, P. (2019). Stock trading behaviour and rm performance: Do CEO equity-based compensation and block ownership matter? Pacific-Basin Finance Journal, 101129. (ABDC = A)

26. Gupta, R., Suleman, M. T., and Wohar, M. (2019). Exchange rate returns and volatility: the role of time-varying rare disaster risks. The European Journal of Finance, 25(2), 190-203. (ABDC = A)

27. Bouras, C., Christou, C., Gupta, R., and Suleman, M. T. (2019). Geopolitical risks, returns, and volatility in emerging stock markets: evidence from a panel GARCH model. Emerging Markets Finance and Trade, 55(8), 1841-1856. (ABDC =B)

28. Arif, I.,Raza, S. A., Ivkovi, A. F., and Suleman, M. T. (2019). The role of remittances in the development of higher education: Evidence from top remittance-receiving countries. Social Indicators Research, 141(3), 1233-1243. (ABDC = A)

29. Gupta, R., Suleman, M. T., and Wohar, M. (2019). The role of time-varying rare disaster risks in predicting bond returns and volatility. Review of Financial Economics, 37(3), 327-340. (ABDC = B)

30. Demirer, R., Gupta, R., Suleman, M. T., and Wohar, M. (2018). Time-varying rare disaster risks, oil returns and volatility. Energy Economics, 75, 239-248. (ABDC = A*)

31. Christou, C., Gupta, R., Hassapis, C., and Suleman, M. T. (2018). The role of economic uncertainty in forecasting exchange rate returns and realized volatility: Evidence from quantile predictive regressions. Journal of Forecasting, 37(7), 705-719. (ABDC = A)

32. Gkillas, K., Vortelinos, D., and Suleman, M. T. (2018). Asymmetries in the African financial markets. Journal of Multinational Financial Management, 45, 72-87. (ABDC =B)

33. Suleman, M. T., Gupta, R., and Balcilar, M. (2017). Does Country Risks Predict Stock Returns and Volatility? Evidence from a Nonparametric Approach. Research in International Business and Finance, 42, pp.1173-1195. (ABDC = B)

34. Umar, Z., and Suleman, M. T. (2017). Asymmetric Return and Volatility Transmission in Conventional and Islamic Equities. Risks, 5(2), 1-18. (ABDC = B)

Working Papers

1. Daglish, T., and Suleman, M. T. International conditional policy uncertainty. Under review at Journal of Banking and Finance.

2. Al Mamun, Md., Duong, H. N., Rahman, D., and Suleman, M. T. Understanding founder CEOs? role in earnings management. Under review at Journal of Business Finance and Accounting.

3. Mirza, N., Vo-Thanh, Tan., Naqvi, B., Suleman, M. T., and Rizvi, S. K. A. Covid-19, Default Likelihood and Policy Interventions: How to Keep the Global Hotel Industry Alive? Under review at Tourism Management.

4. Ghafoor, A., Al Mamun, Suleman, M. T., and Boubaker, S. CEOs' Marital Status and Corporate Cash Holdings. Under review at British Journal of Management.

5. Niu, Z., Demirer, R., Suleman, M. T., and Zhang, H. Speculation, cross-market sentiment and the predictability of gold market volatility. Under review at Journal of Behavioral Finance.

6. Suleman, M. T. and Yousaf, I. Spillovers between the Bitcoin and defense stocks: the role of geopolitical risk Under review at Finance Research Letters.

7. Demirer, R., Gkillas, K., and Suleman, M. T. Economic policy uncertainty and extreme events in financial markets. Under review at Economics Letters.

8. Niu, Z., Demirer, R., Suleman, M. T., and Zhang, H. Cross-sectional return dispersion and stock market volatility: Evidence from high-frequency data. Under review at Journal of Forecasting.

9. Niu, Z., Demirer, R., Suleman, M. T., and Zhang, H. The role of cross-sectional variance of stock market returns and predictability of stock market volatility. Under review at Journal of Behavioral Finance.

10. Akram, K., Al Mamun, Al Mamun, Md., Raza, S.A., and Suleman, M. T. Global political crisis and tourism development in the USA. Under review at Tourism Economics.

11. Bhutta, A. I., Ilyas, M., Suleman, M. T., and Ullah, N. Does CSR Committee moderate the association between corporate social responsibility and rm performance? Evidence from Asian economies. Under review at British Accounting Review.

12. Rajput, S. K. O., Raza, S. A., Suleman, M. T., and Yousaf, I. Asymmetric volatility connectedness between carbon emission trading and New Zealand Sectoral Indices. Under review at Journal of Cleaner Production.

13. Cui, T., Suleman, M. T., and Zhang, H. Do the green bonds overreact to the COVID-19 pandemic? Under review at Journal of International Financial Markets, Institutions and Money.

14. Perera, P., Kuruppuarachchi, D., Kumarasinghe, S., and Suleman, M. T.Idiosyncratic Volatility Puzzle: A Climate Risk Explanation. Under review at Journal of Financial Markets.

15. Bhutta, A. I., Al Mamun, Md., Suleman, M. T., Fayyaz, M., and Munir, A. Political Connections, Managerial Ability and Tunneling: Evidence from Emerging Market. Under review Pacific-Basin Finance Journal.

16. Chen, Z., Liu, P., and Suleman, M. T. When in Rome, do as the Romans do: Peer effects in Corporate Diversification. Working paper.

17. Al Mamun, Md., Ilyas, M., and Suleman, M. T. Navigating through economic policy uncertainty: The value of corporate social responsibility. Working paper.

18. Suleman, M. T., Badshah, I., Rehman, M. U., and Kang, S. H. Dynamic time-frequency connectedness between ETS and European sustainability index markets. Working paper.

19. Adnan, M. Rajput, S. K. O., and Suleman, M. T. Impact of Asset Growth on Cross-Section of Shariah Compliant Stock Returns. Working paper.

20. Suleman, M. T. Rare disaster risk and tail risk in the options market. Working paper.

21. Suleman, M. T. Firm-life cycle and option premium. Working paper.

Presentations

Invited Presentations

• Victoria University of Wellington, New Zealand (2021).

• Lincoln University, Christchurch, New Zealand (2020).

• Sukkur IBA University, Pakistan (2019).

• The Institute of Business Administration, Pakistan (2018).

• Lahore University of Management Sciences, Pakistan (2018).

Conference Presentations

• Idiosyncratic Volatility Puzzle: A Climate Risk Explanation, 34th Australasian Finance and Banking Conference Australia (December 2021).

• Idiosyncratic Volatility and Carbon Performance: Evidence from the US S&P 500 Firms, 2nd CEFGroup Climate Finance Symposium, University of Otago, 30th November { 1st December 2021.

• Political risk and portfolio performance: Implications for Shariah-compliant investors, Financial Markets and Corporate Governance Conference (FMCG), 7-9 April 2021.

• Navigating through economic policy uncertainty: The value of corporate social responsibility, 1st CEFGroup Climate Finance Symposium, University of Otago, 3-4 December 2020.

• Quantile dependencies between volatility discontinuities and rare disaster risks: robustness across jump measures, 7th Spring Conference of the Multinational Finance Society, Chania, Crete, Greece, April 19-21, 2019.

• Jumps beyond the realms of cricket: India's performance in one day internationals and stock market movements, New Zealand Finance Colloquium (February 2019);

• International conditional policy uncertainty. University of Melbourne Brown Bag Seminar Series (2016), New Zealand Finance Colloquium (February 2018)

• Performance of Business Groups during the Energy Crisis", 8th Financial Markets and Corporate Governance Conference, Victoria University of Wellington.

• Board Gender Diversity and Risk Management: And a View of the Financial, Investment, and Liquidity Policies" 8th Financial Markets and Corporate Governance Conference, Victoria University of Wellington

• Political uncertainty in developed and emerging markets", Victoria University Brown Bag Seminar Series (July 2015), 28th Australasian Finance and Banking Conference Australia (December 2015), New Zealand Finance Colloquium (February 2016), University of Melbourne Brown Bag Seminar Series (April 2016).

• Political risk and risk Premia: evidence from rm Level analysis", 56th New Zealand Association of Economists Annual Conference (July 2015), Victoria University Brown Bag Seminar Series (October 2015).

• Does trading really boost performance?" Victoria University Brown Bag Seminar Series (May 2014), Victoria University nance workshop (November 2014), 27th Australasian Finance and Banking Conference, Australia, (December 2014).

• Political uncertainty and exchange rate volatility" Victoria University Brown Bag Seminar Series (August 2014), WEAI 11th International Conference, Wellington, (January 2015), PhD Symposium New Zealand Finance Colloquium, 2014) University of Waikato, New Zealand, (February 2015).

• Country risk and volatility of stock returns: panel-GARCH evidence for Latin America," New Zealand Econometric Study Group Meeting, University of Waikato, New Zealand (February 2014), IV Financial Research Conference IMEF, Mexico (August 2014), New Zealand Finance Colloquium, University of Waikato, New Zealand, (February 2015).

• Political risk and volatility spillovers of stock returns across India and Asian markets", 5th SEF Research Symposium, Victoria University of Wellington (February 2014), 55th New Zealand Association of Economists Annual Conference (July 2014).

• Dynamics of political risk rating and stock market volatility", 54th New Zealand Association of Economists Annual Conference (July 2013), PhD Symposium New Zealand Finance Colloquium, (February 2014).

• Dynamics of Political Risk Rating and Stock Market Volatility", 54th New Zealand Association of Economists Annual Conference (July 2013), PhD Symposium New Zealand Finance Colloquium, (February 2014).

Teachings

• 
  

• Course Coordinator and Lecturer, Wellington Institute of Technology, Wellington, New Zealand Advance Financial Management (Undergrad) - Since Fall 2015

• Business Finance (Undergrad) - Since Fall 2015

• Financial Management (Undergrad) - Since Spring 2015

• Instructor, Victoria University of Wellington, Wellington, New Zealand

• Finance for Business - Fall 2014

• Teaching Assistant, Victoria University of Wellington, Wellington, New Zealand

• Introduction to Investment - Fall 2015

• Investments - Spring 2014

• Derivatives - Fall 2013

• Corporate Finance (MBA) - Fall 2013

• Introduction to Investment - Fall 2013

• International Corporate Finance - Spring 2013

• Introduction to Corporate Finance - Spring 2013

• Finance for Business - Fall 2012

• Statistics for Business - Spring 2012

• Maths for Economics & Finance - Summer 2011

• Research Assistant, Victoria University of Wellington, Wellington, New Zealand

• Martin Berka (Price Differences in Africa), 2013 - 2014

• Teaching Assistant, University of Skovde, Sweden

• International Financial Markets - Spring 2009

• Financial Risk Management - Spring 2009

• Instructor, The University of Faisalabad, Faisalabad, Pakistan

• Business Finance - Spring 2006

• Financial Management - Spring 2006

• International Finance - Fall 2006

• Investment - Fall 2006

Supervision

• Bachelor of Applied Management final year projects in the area of accounting and finance

Referring

• Editor - New Zealand Review of Economics and Finance, 2011 - 2015

• Associate Editor - Journal of Management Sciences, 2013

• Referee: Journal of Applied Economics, Arab Journal of Administrative Sciences, Journal of Economics and International Finance, Management Research Review, Australian Accounting Review, International Journal of Finance & Economics, Finance Research Letters, Journal of Intellectual Capital,

Memberships

• American Finance Association (AFA)

• Financial Management Association (FMA)

Awards and Funding

• Boyle, Lally, and Rose Prize (2018): New Zealand Finance Colloquium Best Paper award.

• Wellington Institute of Technology Faculty Contestable Research Grant ($4000), 2018

• Invited as a Plenary speaker at ICIETBM conference, Iqra University, Pakistan($2500), 2018.

• Wellington Institute of Technology Research Conference and Travel Grant ($4000), 2016.

• School of Economics and Finance Research Travel Grant ($3500)., 2015.

• School of Economics and Finance conference Travel Grant ($1000), 2014.

• Victoria University of Wellington Postgraduate Research Scholarship ($100,000).

Programming and Databases

• MATLAB, R, RATS, Stata, Eviews, LaTeX

• Datastream, Compustat, CRSP, Bloomberg, OptionMetrics, DirectEdgar

Volunteer Work

• Vice president and treasurer, Postgraduate Students Association, Victoria University of Wellington 2012-2014

• Victoria University Wellington Cricket Club, Member since 2012