Associate Professor
Department of Finance and Banking
University of Rajshahi
Rajshahi-6205, Rajshahi, Bangladesh
Telephone: 88-0721-750041-49 Ext. 4134
E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Web: www.saeed.xenexbd.com

Academic Background:

• Middle Tennessee State University, Murfreesboro, Tennessee, USA
  PhD Candidate in Financial Economics, degree expected: August 2009
  
• University of Arkansas, Fayetteville, Arkansas, USA,
  Master of Arts in Economics (thesis), August 1997 - December 1999
  Thesis Title: The Speed of Adjustments of Stock Prices to Information in the Emerging and Developed Stock Markets: A Comparative Analysis
• University of Mississippi, Oxford, Mississippi, USA
  Master of Business Administration, January 1995 - May 1997
• University of Rajshahi, Rajshahi, Bangladesh
  Master of Commerce (major in Finance and Banking), 1990 -1991

• Emerging Stock Markets, Corporate Finance, Portfolio Management, Behavioral Finance, and Monetary Economics

Published Research Articles:

1. Co-authored (2008) “Efficiency of Bangladesh Stock Market: Evidence from Weekly indexes and Monthly Individual Firm Data”, Applied Financial Economics, Vol. 18, Issue 9, pp. 749 - 758.
2. Co-authored (2008) “Does Predicted Macroeconomic Volatility Influence Predicted Stock Market Volatility? Evidence from Bangladesh Capital Market”, Accepted for publication in the European Journal of Management and Public Policy.
3. Co-authored (2007) “Does Bangladesh Capital Market overreact?” The Bangladesh Accountant, Published by Institute of Chartered Accountants Bangladesh, Vol. 55. No. 28.
4. Co-authored (2007) “Relation between Volatility and Return in the Dhaka Stock Exchange (DSE): Evidence from Cross-sectional Approach”, forthcoming in the International Journal of Applied Business and Economic Research, Serial Publication, India, Vol. 5, No. 2.
5. Co-authored (2005) “Volatility and Stock Returns in Dhaka Stock Exchange: Some Empirical Evidence Using ARCH Models,” International Journal of Applied Business and Economic Research, Serial Publication, India, Vol. 3, No. 1.
6. Co-authored (2004) “On the Empirical Relationship between Macroeconomic Volatility and Stock Return Volatility in the Dhaka Stock Exchange,” Global Journal of Finance and Economics, New Delhi, India, Vol. 1, No. 2.
7. Co-authored (2003) “Cross-section of Expected Returns: The Case of Dhaka Stock Exchange (DSE),” The South Asian Journal of Management, India, Vol. 10, No. 2.
8. Co-authored (2002) "The Effect of Foreign Aid on the Economic Growth of the SAARC Members," The Rajshahi University Studies, Rajshahi, Bangladesh, Part C, Vol. 10.
9. Co-authored (2002) "The Size Effect on the Speed of Stock Price Adjustment to Information in the Indian Stock Market," The Asian Economic Review, Hyderabad, India, Vol.44, No.1.
10. Co-authored (2002) "Serial Dependence in the DSE Returns: An Empirical Study," Journal of Bangladesh Studies, USA, Vol. 4, No. 1.
11. Co-authored (2001) "Capital Market Seasonality: The Case of the Dhaka Stock Exchange (DSE) Returns," The South Asian Journal of Management, India, Vol. 8, No. 3 & 4.
12. Co-authored (2001) "Linear Causal Relationship Between Changes in Stock Price and Trading Volume: The Case of the DSE," The Rajshahi University Studies, Rajshahi, Bangladesh, Part C, Vol. 9.
13. Co-authored (1995) “Price Behavior of Common Stock New Issues: Evidence from an Emerging Equity Market” Journal of Business Administration (published by the Institute of Business Administration, University of Dhaka, Bangladesh), Vol. 22, No. 3 & 4.

Research Articles Submitted for Publication:

• Co-authored (2007) “Market Integration of the Developed and Emerging Markets: A Comparative Study”, submitted for publication in Chartered Accountant Journal, Bangladesh.

• Co-authored “A Closer Look at the Size Effect in the Dhaka Stock Exchange (DSE)”, submitted for publication in The South Asian Journal of Management, India.

• Co-authored “Sector Returns Behavior in the Dhaka Stock Exchange”, submitted for publication in the Chartered Secretary, Dhaka, Bangladesh.

• Co-authored "Month of the Year and Unnatural Holiday Effects on the DSE Stock Returns: An Empirical Analysis", submitted for publication in The Management Development, Bangladesh Institute of Management, Dhaka, Bangladesh.

• Co-authored “Relevance of the CAPM Beta in Explaining the Cross-section of Returns of the DSE Stocks”, submitted for publication in The Journal of Institute of Bangladesh Studies, University of Rajshahi, Bangladesh.

• Co-authored “Causal Relationship between Emerging and Developed Stock Markets in the South- and East-Asian Region”, submitted for publication.

• Co-authored “Integration of Capital Market of India and Pakistan with the World, 1998-2007: An Analysis from the Viewpoint of Risk”, submitted for publication.

Working Papers:

• Co-authored “An Empirical Investigation on the Relation between Inflation Rate and Inflation Rate Uncertainty in Bangladesh.

• Trading Strategies in Indian Stock Market: 1991 - 2006.

• Impact of Monetary Shocks on Stock Prices and Macroeconomic Variables: A Comparative Empirical Study on India and the USA.

• Effects of Children’s and Mothers’ Bodyweight on Childhood Educational Achievement.

Research Projects:

1. “The Effect of Foreign Aid on the Economic Growth of the SAARC Members,” Funded by the Annual Development Plan (ADP), Faculty of Business Studies, University of Rajshahi, Bangladesh (Completed).
2. “Seasonal Anomalies in the DSE Returns,” Funded by the University Grants Commission (UGC), Dhaka, Bangladesh (Final stage).
3. “Stock Returns and Real Economic Activity in Bangladesh: An Empirical Study,” Funded by the University Grants Commission (UGC), Dhaka, Bangladesh (On-going).
4. Does Bangladesh Capital Market overreact? (Almost completed)