Dr Ahmed El-Masry
Associate Professor (Senior Lecturer) in Financial Management
Plymouth Business School (Faculty of Business)
Dr Ahmed El-Masry (PhD, MBA, BBA) is an Associate Professor of Financial Management at Plymouth Business School, UK. His teaching interests are: corporate finance and international finance. His research interests are: risk management, capital structure, credit ratings, dividend policy, M&As, m-banking, Islamic banking & Finance, online reporting and corporate governance. His papers appear in Managerial Finance, Journal of Operational Research Society, Expert Systems with Application, Cross-Culture Management: International Review, Corporate Ownership and Control, Maritime Policy and Management, and Journal of International Financial Markets, Institutions and Money. He is Editor-in-Chief of Journal of International Business and Finance and a member of editorial boards and reviewers of several international journals such as British Accounting Review, European Journal of Operational Research, Research in International Business and Finance, International Research Journal of Insurance Markets and Companies, International Journal of Customer Relationship Marketing and Management, and Frontiers in Finance and Economics. He is a co-editor of a book published in 2011 by IGI global: Mobile Information Communication Technologies Adoption in Developing Countries: Effects and Implications (with A. G. Abdel-Wahab). ISBN10: 1-61692-818-2. He is a contributor and Field Editor of the Encyclopaedia in CSR, Springer, 2013, ISBN:978-3-642-28035-1.
- PhD, Finance, Manchester Business School
- MBA, Egypt
- BBA, Egypt
- Fellow of the the British Academy of Higher Education
- British Accounting & Finance Association (2004-present)- Member and Reviewer
- British Academy of HigherEducation (2006-present)- Fellow
- British Academy of Management (2010-present)- Member
- InternationalAcademy of Business and Economics (2005-present)- Member and Reviewer
Roles on external bodies
· Co-founder and President, the International Association of Economics, Finance and Sustainable Business (IAEFSB). A not-for profit organisation has been approved by the Canadian Government to publish research, to hold conferences and to provide consultations and training. Established in 2014.
· Editor-in-Chief, Journal of International Business and Finance. Published biannually by Serials Publications
· Field Editor and Reviewer, Encyclopaedia in CSR, to be published by Springer in 2013.
· An Editorial Board member for the International Journal of Online Marketing (IJOM) published by IGI Global.
· An editorial Board Member of the International Research Journal "Insurance Markets and Companies
· An associate editor of the International Journal of Customer Relationship Marketing and Management, published by IGI Global.
· An Editorial Board member for the Journal of Finance and Investment Analysis, published by the International Scientific Press.
· A Guest Editor of Managerial Finance Journal for three special issues on the following topics:
o Derivatives & risk management (vol. 32, no. 2, 2006),
o Exchange rate risk exposure and its determinants (vol. 33, no. 9, 2007), and
o Corporate governance & ownership structure (vol. 34, no. 12, 2008).
· A reviewer of the following journals:
ü Journal of International Business Studies
ü British Accounting Review,
ü Research in International Business and Finance,
ü Emerging Markets Review,
ü European Journal of Operational Research,
ü Frontiers in Finance and Economics,
ü Journal of Management Development,
ü International Journal of Islamic and Middle Eastern Finance and Management
ü Corporate Governance: International Journal
- Corporate Finance,
- International Finance and
- Financial Management
Staff serving as external examiners
· An external BA examiner in University of East London BusinessSchool, 2014-2018.
· An external BSc examiner in Middlesex Business School, (Externalpartnership with MSA university, Egypt) 2009- 2016.
· An external BSc examiner in American International University-London) 2010-2015.
· An external BA examiner in Glasgow Caledonian BusinessSchool, 2008-2013.
· An external BSc examiner in London School of Economics,UK, 2004-2008.
ValidationExternal Panel Member
· IFS School of Finance,London, 2012 to validate a new MBA in Banking
- Risk management,
- Exchange rate risk and its determinants,
- Dividends policy,
- Corporate governance,
- Mergers and acquisitions,
- Capital structure,
- Stock market anomalies,
- Islamic Finance
1. Corporate governance in the Libyanbanking sector, by M. Shaballa, NottinghamBusiness School, 2015.
2. Stock market performance &volatility in Pakistan, by E. Shahid, MiddlesexUniversity, 2015.
3. Financial reportingin Islamic Banks , by M. Hassan, Lancaster University, 2013.
4. On the Characteristics of risk, risk aversionand risk management in emerging financial markets, by A. Alfy, Swansea University, 2013.
5. Institutional logicand corporate Internet reporting in Egypt by I. Arafa, Aston Business School, 2012.
6. Ownership structureand earnings management by M. Idris, GloucestershireUniversity, 2012.
7. Mutualfund strategies in Egypt and Saudi Arabia by D. ElMosallamy, Bristol Business School,University of the West of England, 2011.
8. Thedevelopment and determinants of credit ratings in the UK, by E. Gonis, Bristol Business School, University ofthe West of England, 2010.
9. Economic growth in Saudi Arabia, By Ahmed Alodadi, Plymouth University, 2015.
10. The dividend behaviour of NYSE banks within anoptimal control framework , by R. Mukono, Plymouth University, 2008.
DBA Supervision (Grenoble Graduate School of Business, France)
1. G. Nassief, Credit risk inIslamic and conventional banks in Saudi Arabia (mixed methodologies). VIVA2015.
2. R. Aldana, Mergers andacquisitions, risk, performance and market value of banks in MENA countries.VIVA: 2016
Relevant external activities
· A Jury Committee Member, Best Website and Annual Reports Competition, Egyptian Institute of Directors,Ministry of Investment in collaboration with the United Nations and the European Union, EGYPT, 2008 and 2009.
· An organiser of theBAA-SWAG 2006 conference, Plymouth Business School, September 2006.
· A chair of special sessions on Islamic banking and finance, 1st International Conference on RiskManagement and Governance, MSA university, EGYPT, February 2013.
· A chair of special sessions on Islamic banking and finance, IABE conference, Las Vegas, Nevada, USA,October 2006
Prizes and awards
· Outstanding Research Paper Award, IABE, Las Vegas, Nevada, USA, 2005.
· Who’s who in the world, 2007
Research degrees awarded to supervised students
1. Albarrak, M. 2015. Capital structure and its determinants in MENA listedfirms using different methodologies.
2. Elenezi, M. 2015. The impact of exchange rate, interest rate, market andoil price risk on GCC listed companies.
3. El-Ghouty, A. 2015. Ownership structure and stock market performance andvolatility in Egypt.
4. Zhang, H. 2011. Corporate governance and firm performancein China
5. Kandil, T. 2011.Culture, leadership and post M&A financial performance: A comparative study
6. Alkhawaldeh, A.2011. Credit rating and corporate governance in Jordan
7. Elsayed, A. 2010. The keydeterminates of the voluntary adoption of corporate Internet reporting and itsconsequences on company value: Evidence from Egypt
8. Olugbode, M. 2010.The impact of the Euro on exchange rate and interest rate exposures of UK Firmsand Industries.
9. Bekhiet, M. 2008.The performance of privatised and private firms: Empirical evidence from Egypt.
- Centre for Maritime Logistics, Economics and Finance (CEMLEF)
Key publications are highlightedJournals
Other academic activities
1. "Efficiency and its Determinants in Banks: a comparative study ofIslamic, Conventional and Socially Responsible Banks" (with M. Alharthi),4th Islamic Banking and Finance Conference (IBF 2014), 23-24 June 2014,Lancaster University Management School, UK.
2. "Is the Capital Structure of Islamic Banks different? A ComparativeStudy with Conventional Banks in MENA countries" (with M. Albarak), 4thIslamic Banking and Finance Conference (IBF 2014), 23-24 June 2014, LancasterUniversity Management School, UK.
3. "Efficiency in Islamic Banks in GCC" (with M. Alharthi), WorldBusiness and Social Science Research Conference, Crowne Plaza Republique, 14-16April 2014, Paris, France.
4. “Institutional Ownership and Firm Market Performance in Egypt”, (with A.ElGhouty), 26th International Business Research Conference, 7-8April 2014, Imperial College, London, UK.
5. “Is the Capital Structure of Islamic Banks different? A ComparativeStudy with Conventional Banks in MENA countries”. 7th Saudi StudentsConference, 1st to 2nd February 2014, Edinburgh, UK.
6. "Challenges of Islamic Banks" (with A. Hama), Islamic Banking& Finance Conference, 3rd May 2013, Oxford University, UK.
7. “Efficiency Measurement in the Banking Sector: A Comparative Study ofIslamic and Conventional Banks in GCC Countries and UK”, (with M. Alharthi andS. Ashby) April 5-6, 2013, San Francisco, California, USA.
8. “Measuring market timing and security selection abilities in Saudi mutual funds” (with D. Al-Mousallamy), 16-17 February 2013. 1st International Conference, MSA University, Egypt.
9. “Performance of Islamic mutual funds: A comparative study, (with D. Al-Mousallamy), 16-17 February 2013. 1st International Conference, MSA University, Egypt.
10. “The determinants of Islamic banking profitability”, 14th International Business Research Conference, 28-30 April 2011, Crowne Plaza Hotel, Dubai, UAE.
11. “Corporate governance, firm characteristics and Internet financial reporting: evidence from Egyptian Listed Companies”, (with A. Elsayed and I. Elbeltagi), June 2010, Brussels, Belgium.
12. The key determinants of Internet Financial Reporting of Egyptian Listed Companies, The IABE 2009 Conference, 4-7 June 2009, Thessaloniki, Greece.
13. Financial risks and oil price risks of international shipping, The IABE 2009 Conference, 4-7 June 2009, Thessaloniki, Greece.
14. The accounting measurement for mark-up financing (Murabaha) in Islamic banks, The IABE 2007 Conference, Las Vegas, Nevada, USA.
15. The currency risk exposure of UK companies, The IABE 2006 Conference, Las Vegas, Nevada, USA.
16. Credit scoring models for personal loans in the Egyptian banking sector, The IABE 2006 Conference, Las Vegas, Nevada, USA.
17. Bank behaviour and Islamic bank customers: Some evidence from UAE banks, The IABE 2006 Conference, Las Vegas, Nevada, USA.
18. The matching principle in the Islamic accounting thought, The IABE 2006 Conference, Las Vegas, Nevada, USA.
19. The accounting measurement bases in both Islamic and conventional thought, The IABE 2006 Conference, Las Vegas, Nevada, USA.
20. Is accounting information value-relevant in the emerging Egyptian stock market?, The IABE 2006 Conference, Las Vegas, Nevada, USA.
21. Stock returns and exchange rate changes: Evidence from UK firms, The European Financial Management Association 2006 Conference, Madrid, Spain.
22. On the determinants of exchange rate exposure of UK industries, The IABE 2005 Conference, Las Vegas, Nevada, USA.
23. Does foreign exchange rate exposure matter?- some evidence from UK non-financial companies, The IABE 2005 Conference, Las Vegas, Nevada, USA.
24. Is accounting information value-relevant in the emerging Egyptian stock market?, Financial Reporting and Business Communications 2005 Conference, Cardiff Business School, Cardiff, UK.
25. The determinants of exchange rate exposure of UK non-financial companies, The Global Finance 2005 Conference, Dublin, Ireland.
26. The exchange rate exposure of UK non-financial companies: Industry-level analysis, The European Financial Management Association 2004 Conference, Basil, Switzerland.
27. The exchange rate exposure of UK industries, the BAA Annual 2004 Conference, The University of York, UK.
28. A survey of derivatives use of UK non-financial companies, the Fourth Annual 2003 Conference of the International Economics and Finance Society, City University, London.
I also attended the following conferences as an audience:
a) Islamic Finance, Thomson Reuters, Bahrain, 28-29 May 2013.
b) Credit Risk, 28th June 2011, London.
c) Corporate Responsibility and Innovation Symposium, 6-7 April 2011, Dijon, France.
d) World Islamic Finance Conference, 27-28 March 2011, London, UK.
- A survey of derivatives use of UK nonfinancial companies, the Federal School Conference, Manchester, UK, May 2003. www.man.ac.uk
- Exposure to exchange rate movements by UK nonfinancial companies, the Federal School Conference, Manchester, UK, May 2002. www.man.ac.uk
- Managing foreign exchange exposure in UK industrial companies, the Federal School Conference, Manchester, UK, May 2001. www.man.ac.uk