
Dr. Muhammad M. Ma’aji is a Chartered Accountant (ACCA), Certified Valuation Analyst (CFI), and a Professor at CamEd Business School in Cambodia. He also serves as a business consultant for Yuanta Securities, an investment banking firm in Cambodia. Dr. Ma’aji holds a PhD and MSc in Finance from Universiti Utara Malaysia, and a BA in Accounting & Finance from the University of Greenwich, UK. He has a proven track record of mentoring and coaching CamEd students for local and international competitions, including leading the CamEd team to win the Local CFA Research Challenge Competition in 2021, 2022, and 2023, and becoming Sub-Regional ASEAN Champions in 2021. Before joining CamEd Business School, Dr. Ma’aji was a Research Assistant at the Centre for University-Industry Collaboration (CUIC) at Universiti Utara Malaysia, where he participated in two national research grants awarded by the Ministry of Higher Education and the Ministry of Rural and Regional Development, Malaysia. Additionally, he has experience as an Account Assistant at Gidauniya Investment & Securities LTD and Saleh A.D. & Co. in Nigeria. Dr. Ma’aji is a published scholar in finance and accounting, with research interests in financial distress, bankruptcy prediction, corporate finance, corporate governance, cross-listing, and financial management. He has successfully published articles in high-impact international journals.
| Type of Journal | Year of Publication | Title of Research | Name of Journal/Book | Reference |
| Peer reviewed Journal | 2025 | “I intend to pay zakat on cryptocurrencies (CCs) but…”: an empirical analysis of CCs holders | International Journal of Ethics and Systems | https://doi.org/10.1108/IJOES-11-2024-0376 |
| Peer reviewed Journal | 2025 | ChatGPT and academic integrity: the role of personal best goals, academic competence, and workplace stress | Foresight | https://doi.org/10.1108/FS-04-2024-0089 |
| Peer reviewed Journal | 2025 | Does AI adoption redefine financial reporting accuracy, auditing efficiency, and information asymmetry? An integrated model of TOE-TAM-RDT and big data governance | Computers in Human Behavior Reports | https://doi.org/10.1016/j.chbr.2024.100572 |
| Peer reviewed Journal | 2025 | Factors influencing the Islamic Fintech acceptance: moderating role of Islamic financial literacy | Journal of Islamic Accounting and Business Research | https://doi.org/10.1108/JIABR-08-2024-0322 |
| Peer reviewed Journal | 2025 | From tax forgiveness to financial growth: How tax amnesty can boost stock market listings in an emerging economy | Investment Management and Financial Innovations | https://doi.org/10.21511/imfi.22(4).2025.20 |
| Peer reviewed Journal | 2025 | Nexus between corporate valuation and investment behavior: the moderating role of CEO narcissism | Corporate Governance | https://doi.org/10.1108/CG-05-2024-0275 |
| Peer reviewed Journal | 2025 | Risk-driven profitability: the role of bank capital, liquidity and credit in frontier banking markets | Journal of Financial Regulation and Compliance | https://doi.org/10.1108/JFRC-01-2025-0008 |
| Peer reviewed Journal | 2024 | Challenges Faced by Startups in Cambodia When Scaling up | Kurdish Studies* | https://kurdishstudies.net/menu-script/index.php/KS/article/view/667 |
| Peer reviewed Journal | 2024 | Why Are Companies In Emerging Markets Reluctant To List On The Stock Market? The Cambodian Case | Educational Administration: Theory and Practice | https://kuey.net/index.php/kuey/article/view/3120 |
| Peer reviewed Journal | 2019 | Financial Distress among SMEs in Malaysia: An Early Warning Signal | International Journal of Business and Society | https://www.ijbs.unimas.my/images/repository/pdf/Vol20-no2-paper21.pdf |
| Peer reviewed Journal | 2016 | The Value Of Governance Variables In Predicting Financial Distress Among Small And Medium-sized Enterprises In Malaysia | Aamjaf – Asian Academy Of Management Journal Of Accounting And Finance | https://pdfs.semanticscholar.org/b985/a4c6cf6645b9bbf84e1aaf0ffc6db0d45a93.pdf |
| Peer reviewed Journal | 2014 | Performance of asset and commodity-based securities in Malaysia’s Islamic inter-bank money market | JIBF – Journal of Islamic Banking and Finance | |
| Other peer reviewed journal | 2025 | Public Financial Management Reform in Cambodia: SOEs and PAEs 2023 Study | ACAR Report | |
| Other peer reviewed journal | 2023 | Determinants of SME success or failure in frontier markets | International Journal of Banking and Finance | |
| Other peer reviewed journal | 2023 | Non-Performing Loans and Commercial Bank Profitability: Evidence from Cambodia | JEBI | |
| Other peer reviewed journal | 2022 | Preliminary Insights on Sustainability Reporting Practice in Cambodia | JSBE | https://doi.org/10.30564/jsbe.v5i4.24 |
| Other peer reviewed journal | 2022 | The Role of Audit Committee in Enhancing External Audit during COVID-19 Pandemic to Meet Stakeholders’ Needs | JAFESS | |
| Other peer reviewed journal | 2021 | Investors’ Behavior to Earnings Announcement during the COVID-19 Pandemic: Evidence from Cambodia* | JAFESS | |
| Other peer reviewed journal | 2025 | Determinant of Business Success or Failure among SMEs in Cambodia | JAFESS | |
| Other peer reviewed journal | 2025 | Transparency and Corporate Reporting in Cambodia: A Compendium Approach | JAFESS | |
| Other peer reviewed journal | 2025 | Working Capital Financing Preference among Small Businesses in Cambodia | Journal of Economics and Sustainability | |
| Other peer reviewed journal | 2019 | Determinants of capital budgeting practices and risks adjustment among Cambodian companies | Archives of Business Research | https://doi.org/10.14738/abr.73.6351 |
| Other peer reviewed journal | 2019 | Archives of Business Research | https://doi.org/10.14738/abr.73.6351 | |
| Other peer reviewed journal | 2019 | Modelling Business Failure among Small Businesses in Nigeria | Journal of Economics Finance and Accounting | |
| Other peer reviewed journal | 2019 | Traditional Absorption versus Activity Based Costing System: Applications among companies in emerging market | Faculty Publications | |
| Other peer reviewed journal | 2019 | Working Capital Financing Preference among Small Businesses in a Frontier Market | JAFESS* | – |
| Other peer reviewed journal | 2018 | Capital Budgeting Practices and Risks Adjustment: Practices among Cambodian Companies | Faculty Publications | |
| Other peer reviewed journal | 2018 | Predicting Financial Distress among SMEs in Malaysia | ESI – European Scientific Journal | |
| Other peer reviewed journal | 2017 | Measuring the Performance of an Employee is an Essential Tool within Management Control | Faculty Publications | |
| Other peer reviewed journal | 2017 | What are the challenges in the implementation of ERP systems? | Faculty Publications |