Staff Profile
Dr Shams Pathan
Senior Lecturer in Accounting & Finance
- Email: shams.pathan@ncl.ac.uk
- Address: Newcastle University Business School
Frederick Douglass Centre
Newcastle University, Newcastle Helix, 2 Science Square, Newcastle upon Tyne, NE4 5TG
Dr. Mohammad Shams Tabrize Pathan, commonly known as Shams, is a Senior Lecturer (Associate Professor) in Finance at Newcastle University Business School, Newcastle University. Prior to his current role, Shams held academic positions at prestigious institutions such as Curtin University (2019-2023), The University of Queensland (2010-2018), Bond University (2008-2009), and Asian University of Bangladesh (2000-2002). One of the highlights of his career is receiving the prestigious 2013 ARC Discover Early Career Research Award in three distinct divisions - business, economics, and law. Shams was a visiting research scholar at the University of Manchester from August to November 2023.
Shams research aims to enhance the resilience of the financial system for the benefit of organizations, the economy, society, and the environment. Aligned with UN Sustainable Development Goals, including decent work and economic development, reduced inequality, and responsible consumption and production, he focuses on bank board governance, executive compensation, and institutional shareholders' incentives. Through this investigation, he aims to gain a deeper understanding of the factors contributing to a robust financial system and propose actionable recommendations to address pressing challenges such as transitioning to a net-zero emissions economy, embracing disruptive technologies like digital coins and blockchain, and fortifying cyber resilience against the growing cybersecurity risk.
He has gained international recognition for his work, publishing 30 academic papers in reputable journals, including the Journal of Corporate Finance (#2), Journal of Banking and Finance (#3), Journal of Business Finance and Accounting (#1), and European Accounting Review(#1). Notably, his research received accolades such as the 2016 CNMV Best Paper on Regulation from XXIV Spanish Finance Forum. His expertise has not gone unnoticed by influential media outlets like The Economist and the Financial Times Deutschland, and The Conversation. Shams is a thoughtful academic leader, having taken on signficant roles, including Chair of the Research Working Group, Director of the Master of Finance (Adv) course, MCom Program Leader.
Education has been a cornerstone of Shams' journey. He earned his Ph.D. in finance from Monash University and achieved an M.Sc. with distinction in finance from the University of Strathclyde. His academic credentials also include an M.Com and B.Com (Hons), both with merits in finance and banking, from the University of Dhaka.
Additionally, Shams is a committed mentor, having guided over 33 research students toward successful careers in renowned institutions such as Goldman Sachs, Credit Suisse, and ANZ. He has co-supervised three PhD students who have excelled in both academia and industry.
Engaged in the academic community, Shams has presented at more than 91 international and local venues. Furthermore, he lends his expertise as a member of editorial boards for prestigious journals, including Accounting and Finance and the Spanish Journal of Finance and Accounting.
Beyond academia, Shams is a passionate traveler who revels in exploring culture, history, architecture, cities, and forging connections with people. His zest for life is reflected in his diverse interests and dedication to making a lasting impact in the world of finance and education.
The purpose of my research is to foster a resilient financial system to benefit the organisations, economy, society, and environment. My research objective is compatible with United Nations Sustainable Development Goals.[1] To achieve these goals, my research focuses on three specific theme of bank governance:
(1) the optimal organization of bank board structures, [e.g., the bankrupt Long-term Capital Management in 1998 included two Nobel Laureates Myron Scholes and Robert Merton in their board]
(2) the design of executive compensation packages within banks, [e.g., compensation encourages excessive risk-taking leading to financial crisis] and
(3) the compatibility of institutional shareholder incentives with financial stability.
Through this research, I seek to gain a deeper understanding of the factors that contribute to a strong and stable financial system, and to identify actionable recommendations to address the pressing challenges such as-
• transitioning to a net-zero emissions economy by promoting climate actions
• leveraging disruptive technologies like digital coins, blockchain, tokenisation of assets
• Combating the growing cybersecurity risk by being more cyber resilient
[1] Quality education (4), Gender equality (5), Affordable and clean energy (7), Decent work and economic development (8), Industry, innovation, and infrastructure (9), Reduced inequality (10), Sustainable cities and communities (11), Responsible consumption and production (12), Peace, Justice and strong institutions (16), and Partnership for the goals (17).
My teaching philosophy is to create a student-centric learning environment where students’ mindset will be transformed into life-enriching GRIT (global, responsible, innovative, and technology) and infinite mindset essential to lead the future of works and to benefit the community and to increase social and environmental justice.
Four points to note from this teaching philosophy:
(1) A student-centric learning environment enables students to drive their own learning process.
(2) A GRIT mindset will enable students to
a. Engage globally.
b. Challenge critically.
c. Innovate/create ethically.
d. Use of technology decisively.
e. Solve impactfully.
f. Influence inclusively.
(3) An infinite mindset will allow to focus on the long-term benefit in lieu of short-term profits/wins.
(4) Our graduates should be valuable visible leaders to the organisations, societies, and environments.
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Articles
- Fernandez-Mendez C, Pathan S. The valuation impact of gender quotas in the boardroom: Evidence from the European markets. Finance Research Letters 2023, 54, 103699.
- Fang X, Khoo J, Luo T, Pathan S, Wang H. The past is never dead: Famine-CEOs and corporate social performance. Global Finance Journal 2023, 56, 100826.
- Haq M, Pathan S, Mendez CF, Lobo GJ. Institutional investors’ horizons and bank transparency. Journal of Business Finance and Accounting 2023, Epub ahead of print.
- Fernandez-Mendez C, Pathan ST. Female directors, audit effort and financial reporting quality. Spanish Journal of Finance and Accounting / Revista Española de Financiación y Contabilidad 2023, 52(1), 125-166.
- Pathan S, Haq M, Morgan J. CEO Pay Gaps and Bank Risk-Taking. European Accounting Review 2023, 32(4), 935-964.
- Fernandez-Mendez C, Pathan S. Environmental stocks, CEO health risk and COVID-19. Research in International Business and Finance 2022, 59, 101509.
- Zelenyuk N, Faff R, Pathan S. The impact of voluntary capital adequacy disclosure on bank lending and liquidity creation. Accounting and Finance 2021, 61(3), 3915-3935.
- Pathan S, Haq M, Faff R, Seymour T. Institutional investor horizon and bank risk-taking. Journal of Corporate Finance 2021, 66, 101794.
- Fernandez Mendez C, Arrondo Garcia R, Pathan S. CEO pay and family firm heterogeneity: A behavioral agency model perspective. BRQ Business Research Quarterly 2021, Epub ahead of print.
- Zelenyuk N, Faff R, Pathan S. Size-conditioned mandatory capital adequacy disclosure and bank intermediation. Accounting and Finance 2020, 60(4), 4387-4417.
- Chowdhury H, Hodgson A, Pathan S. Do external labour market incentives constrain bad news hoarding? The CEO's industry tournament and crash risk reduction. Journal of Corporate Finance 2020, 65, 101774.
- Pathan S, Wong PH, Benson K. How do 'busy' and 'overlap' directors relate to CEO pay structure and incentives?. Accounting and Finance 2019, 59(2), 1341-1382.
- Haq M, Hu D, Faff R, Pathan S. New evidence on national culture and bank capital structure. Pacific Basin Finance Journal 2018, 50, 41-64.
- Fernandez Mendez C, Arrondo Garcia R, Pathan S. Monitoring by busy and overlap directors: an examination of executive remuneration and financial reporting qualityCapacidad supervisora de los consejeros ocupadosy solapados: Un análisis de la remuneración ejecutiva yla calidad de la información financiera. Revista Espanola de Financiacion y Contabilidad 2017, 46(1), 28-62.
- Pathan S, Faff R, Mendez CF, Masters N. Financial constraints and dividend policy. Australian Journal of Management 2016, 41(3), 484-507.
- Pathan S, Haq M, Williams B. Does skin in the game help? Bank franchise value, managerial incentives and 'going for broke'. Australian Journal of Management 2016, 41(2), 271-298.
- Clarkson PM, Pathan S, Tellam A. Do private equity target firms exhibit less effectual governance structures?. Australian Journal of Management 2016, 41(2), 244-270.
- Fernandez Mendez C, Pathan S, Arrondo Garcia R. Monitoring capabilities of busy and overlap directors: Evidence from Australia. Pacific Basin Finance Journal 2015, 35(Part A), 444-469.
- Haq M, Pathan S, Hoque M. The risk implication of Sarbanes-Oxley Act of 2002: An empirical examination of the US financial services industry. Applied Financial Economics 2014, 24(15), 1005-1015.
- Pathan S, Faff R. Does board structure in banks really affect their performance?. Journal of Banking and Finance 2013, 37(5), 1573-1589.
- McGilvery A, Faff R, Pathan S. Competitive valuation effects of Australian IPOs. International Review of Financial Analysis 2012, 24, 74-83.
- Pathan S, Skully M. Endogenously structured boards of directors in banks. Journal of Banking and Finance 2010, 34(7), 1590-1606.
- Haq M, Skully M, Pathan S. Efficiency of microfinance institutions: A data envelopment analysis. Asia-Pacific Financial Markets 2010, 17(1), 63-97.
- Pathan S. Strong boards, CEO power and bank risk-taking. Journal of Banking and Finance 2009, 33(7), 1340-1350.
- Pathan S, Skully M, Wickramanayake J. Reforms in Thai bank governance: The aftermath of the Asian financial crisis. International Review of Financial Analysis 2008, 17(2), 345-362.
- Pathan S, Skully M, Wickramanayake J. Board size, independence and performance: An analysis of thai banks. Asia-Pacific Financial Markets 2007, 14(3), 211-227.