Nationality

Nigerian

Subjects Taught

Finance 2 (FINC 401), Valuation and Investment (FINC 412), Finance Management (FINC 671)

Qualifications

PhD, FMVA

MUHAMMAD MUHAMMAD MA'AJI

Professor

Profile

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.

PUBLICATIONS

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