Muhammad A. Cheema

University of Otago New Zealand

Senior Lecturer in Finance

Dunedin, 9016

New Zealand

SCHOLARLY PAPERS

30

DOWNLOADS
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Top 14,408

in Total Papers Downloads

6,245

SSRN CITATIONS

34

CROSSREF CITATIONS

7

Scholarly Papers (30)

The 2008 Global Financial Crisis and COVID-19 Pandemic: How Safe are the Safe Haven Assets?

Number of pages: 42 Posted: 03 May 2020 Last Revised: 06 Feb 2022
Muhammad A. Cheema, Robert W. Faff and Kenneth Szulczyk
University of Otago New Zealand, University of Queensland and Al Akhawayn University
Downloads 1,196 (31,613)
Citation 2

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COVID-19; 2008 GFC; safe haven assets

The 2008 Global Financial Crisis and COVID-19 Pandemic: How Safe are the Safe Haven Assets?

Covid Economics, Vetted and Real-Time Papers, Issue 34, pp. 88-115, 2020
Number of pages: 33 Posted: 05 Jul 2020
Muhammad A. Cheema, Robert W. Faff and Kenneth Szulczyk
University of Otago New Zealand, University of Queensland and Al Akhawayn University
Downloads 945 (44,198)
Citation 31

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COVID-19, 2008 GFC, gold, safe haven, stablecoin, bitcoin

2.

Cross-Sectional and Time-Series Momentum Returns and Market States

Number of pages: 13 Posted: 16 Mar 2017 Last Revised: 15 May 2017
Muhammad A. Cheema, Gilbert Nartea and Yimei Man
University of Otago New Zealand, University of Canterbury - College of Business and Law and University of Waikato, Management School
Downloads 1,088 (36,746)
Citation 1

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momentum returns, cross-sectional, time-series, market states

3.

Investor Sentiment Dynamics, the Cross-Section of Stock Returns and the MAX Effect

Number of pages: 43 Posted: 18 Sep 2017 Last Revised: 30 Apr 2018
Muhammad A. Cheema and Gilbert Nartea
University of Otago New Zealand and University of Canterbury - College of Business and Law
Downloads 644 (74,845)

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sentiment dynamics, cross-section, arbitrage, asset pricing, maximum returns

4.

Investor Sentiment: Predicting the Overvalued Stock Market

Number of pages: 10 Posted: 02 Apr 2018 Last Revised: 18 May 2020
Muhammad A. Cheema, Yimei Man and Kenneth Szulczyk
University of Otago New Zealand, University of Waikato, Management School and Al Akhawayn University
Downloads 480 (107,845)

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Investor Sentiment, Overpricing, Underpricing, Stock Market Returns

5.

Does Investor Sentiment Predict the Near-term Returns of the Chinese Stock Market?

Number of pages: 11 Posted: 29 Nov 2017 Last Revised: 24 Mar 2018
Muhammad A. Cheema, Yimei Man and Kenneth Szulczyk
University of Otago New Zealand, University of Waikato, Management School and Al Akhawayn University
Downloads 246 (223,181)
Citation 6

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Investor Sentiment, Return Predictability, Boom and Bust, China

Oil Prices and Stock Market Anomalies

Number of pages: 39 Posted: 29 Jun 2018 Last Revised: 03 Apr 2019
Muhammad A. Cheema and Frank Scrimgeour
University of Otago New Zealand and University of Waikato - Management School
Downloads 217 (250,957)
Citation 2

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Oil Prices, Stock Market Anomalies, Mispricing Score, Chinese Stock Market

Oil Prices and Stock Market Anomalies

Energy Economics, Volume 83, September 2019, Pages 578-587
Posted: 17 Aug 2019 Last Revised: 04 May 2020
Muhammad A. Cheema and Frank Scrimgeour
University of Otago New Zealand and University of Waikato - Management School

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oil prices, stock market anomalies, mispricing score, Chinese stock market

7.

Rational Speculative Bubbles: Evidence from Asian Stock Markets

Number of pages: 29 Posted: 09 Jan 2018 Last Revised: 24 Sep 2019
Kenneth Szulczyk, Muhammad A. Cheema and Mark Holmes
Al Akhawayn University, University of Otago New Zealand and University of Waikato - Management School, Department of Economics
Downloads 213 (256,215)

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rational bubble, cointegration test, explosiveness trend regression test, explosive unit root test, duration dependence test

Cross-Sectional and Time-Series Momentum Returns: Are Islamic Stocks Different?

Number of pages: 34 Posted: 11 Apr 2017 Last Revised: 30 Apr 2018
Muhammad A. Cheema and Gilbert Nartea
University of Otago New Zealand and University of Canterbury - College of Business and Law
Downloads 183 (293,558)
Citation 2

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Islamic stocks; Cross-sectional; Time-series; Momentum returns; Market dynamics

Cross-Sectional and Time-Series Momentum Returns: Are Islamic Stocks Different?

Applied Economics, Forthcoming
Posted: 16 May 2018
Muhammad A. Cheema and Gilbert Nartea
University of Otago New Zealand and University of Canterbury - College of Business and Law

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Islamic Stocks; Cross-Sectional; Time-Series; Momentum Returns; Market Dynamics

9.

Momentum Returns: Are Chinese B and H Shares Different?

Number of pages: 10 Posted: 13 Sep 2017 Last Revised: 30 Apr 2018
Muhammad A. Cheema and Yimei Man
University of Otago New Zealand and University of Waikato, Management School
Downloads 166 (320,194)
Citation 1

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momentum, market dynamics, A shares, B shares, H shares

Momentum, Idiosyncratic Volatility and Market Dynamics: Evidence from China

Number of pages: 39 Posted: 07 Sep 2017
Muhammad A. Cheema and Gilbert Nartea
University of Otago New Zealand and University of Canterbury - College of Business and Law
Downloads 160 (330,475)

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momentum; idiosyncratic volatility; market dynamics; arbitrage cost; overconfidence

Momentum, Idiosyncratic Volatility and Market Dynamics: Evidence from China

Pacific-Basin Finance Journal, Vol. 46, No. A, 2017
Posted: 25 Sep 2017
Muhammad A. Cheema and Gilbert Nartea
University of Otago New Zealand and University of Canterbury - College of Business and Law

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momentum; idiosyncratic volatility; market dynamics; arbitrage cost; overconfidence

11.

Three Essays on Momentum Returns

Number of pages: 145 Posted: 30 Oct 2013
Muhammad A. Cheema
University of Otago New Zealand
Downloads 144 (360,388)

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Momentum returns, market states, Global financial crisis, information uncertainty, retail investors, long-term reversal, idiosyncratic volatility

12.

Risk Committee, Corporate Risk-Taking, and Firm Value

Managerial Finance, 2020
Number of pages: 42 Posted: 16 Oct 2020 Last Revised: 18 Oct 2020
Md. Borhan Uddin Bhuiyan, Muhammad A. Cheema and Yimei Man
Massey University, University of Otago New Zealand and University of Waikato, Management School
Downloads 111 (439,193)

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Stand-Alone Risk Committee; Corporate Risk-Taking; Firm Value; Australia

Maxing Out in China: Optimism or Attention?

Number of pages: 14 Posted: 22 Mar 2018 Last Revised: 30 Apr 2018
Muhammad A. Cheema, Gilbert Nartea and Yimei Man
University of Otago New Zealand, University of Canterbury - College of Business and Law and University of Waikato, Management School
Downloads 107 (453,790)
Citation 3

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MAX premium, China, attention-grabbing, investor optimism

Maxing Out in China: Optimism or Attention?

International Review of Finance, Forthcoming
Posted: 17 May 2018
Muhammad A. Cheema, Gilbert Nartea and Yimei Man
University of Otago New Zealand, University of Canterbury - College of Business and Law and University of Waikato, Management School

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MAX Premium, China, Attention-Grabbing, Investor Optimism

Cross-Sectional and Time-Series Momentum Returns and Market Dynamics: Evidence from Japan

Number of pages: 33 Posted: 10 Nov 2017
Muhammad A. Cheema, Gilbert Nartea and Kenneth Szulczyk
University of Otago New Zealand, University of Canterbury - College of Business and Law and Al Akhawayn University
Downloads 100 (476,802)

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Momentum Returns, Time-Series, Cross-Sectional, Market States, Idiosyncratic Volatility

Cross-Sectional and Time-Series Momentum Returns and Market Dynamics: Evidence from Japan

Applied Economics, Forthcoming
Posted: 09 Jan 2018
Muhammad A. Cheema, Gilbert Nartea and Kenneth Szulczyk
University of Otago New Zealand, University of Canterbury - College of Business and Law and Al Akhawayn University

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Momentum Returns, Time-Series, Cross-Sectional, Market States, Idiosyncratic Volatility

15.

COVID-19: The Impact of Socio-Economic Characteristics on the Fatality Rate

Number of pages: 26 Posted: 31 Oct 2023
Kenneth Szulczyk, Muhammad A. Cheema and Sayyed Mahdi Ziaei
Al Akhawayn University, University of Otago New Zealand and Xiamen University - School of Economics
Downloads 92 (500,116)

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COVID-19, global fatality rate, coronavirus, Poisson regression, urban dwellers, elderly, smokers

Bioelectricity in Malaysia: Economic Feasibility, Environmental and Deforestation Implications

Number of pages: 36 Posted: 02 Apr 2019
Al Akhawayn University, University of Otago New Zealand, Lincoln University (NZ) - Commerce Division and Rajshahi University - Dept. of Finance
Downloads 72 (586,625)

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bioelectricity; waste biomass; partial equilibrium model; cost competitiveness

Bioelectricity in Malaysia: Economic Feasibility, Environmental and Deforestation Implications

The Australian Journal of Agricultural and Resource Economics, Volume 64, Issue 2, Pages 294-321, October 2019
Posted: 16 Jun 2020
Al Akhawayn University, University of Otago New Zealand, affiliation not provided to SSRN and Rajshahi University - Dept. of Finance

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Bio-electricity; Waste Biomass; Partial Equilibrium Model; Cost Competitiveness

17.

The Impact of Economic Freedom on the COVID-19 Fatality Rate

Number of pages: 31 Posted: 07 Nov 2023
Kenneth Szulczyk, Muhammad A. Cheema and Sayyed Mahdi Ziaei
Al Akhawayn University, University of Otago New Zealand and Xiamen University - School of Economics
Downloads 36 (786,376)

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COVID-19; coronavirus; epidemic; economic freedom; worldwide; 164 countries

18.

Corporate Payouts in Australia

Pacific-Basin Finance Journal, Forthcoming
Number of pages: 11 Posted: 13 Mar 2023
Muhammad A. Cheema, Mardy Chiah and Angel Zhong
University of Otago New Zealand, University of Newcastle (Australia) and Royal Melbourne Institute of Technolog (RMIT University) - School of Economics, Finance and Marketing
Downloads 24 (886,182)

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Dividends, Australian stock market, Firm characteristics, Profitability, Stock returns

19.

Could Technological Improvements Make Microalgal Biodiesel More Economically Feasible?

Number of pages: 23 Posted: 29 Nov 2023
Kenneth Szulczyk, Muhammad A. Cheema and Sayyed Mahdi Ziaei
Al Akhawayn University, University of Otago New Zealand and Xiamen University - School of Economics
Downloads 13 (993,890)

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biodiesel; alga; chlorella vulgaris, animal feed, endogenous price model; partial equilibrium model; Malaysia

20.

Overlapping Committee Membership and Cost of Equity Capital

Pacific-Basin Finance Journal, Vol. 84, 2024
Number of pages: 25 Posted: 18 Feb 2024
Md. Borhan Uddin Bhuiyan and Muhammad A. Cheema
Massey University and University of Otago New Zealand
Downloads 8 (1,040,010)

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Overlapping committee membership, Cost of equity capital, Non-busy directors

21.

Are there any safe haven assets against oil price falls?

Applied Economics
Posted: 15 Feb 2023 Last Revised: 30 Nov 2023
Muhammad A. Cheema, Robert W. Faff and Michael Ryan
University of Otago New Zealand, University of Queensland and University of Waikato

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Safe-haven asset, soil prices, stock markets, gold

22.

Overnight Returns, Daytime Reversals, and Future Stock Returns: Is China Different?

Pacific-Basin Finance Journal, Vol. 74, 2022
Posted: 16 Aug 2022
Muhammad A. Cheema, Mardy Chiah and Yimei Man
University of Otago New Zealand, University of Newcastle (Australia) and University of Waikato, Management School

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Tug of war, China, Overnight returns, Daytime reversal,Individuals, Arbitrageurs

23.

The 2008 Global Financial Crisis and COVID-19 Pandemic: How Safe Are the Safe Haven Assets?

International Review of Financial Analysis, Vol. 83, 2022
Posted: 15 Aug 2022
Muhammad A. Cheema, Robert W. Faff and Kenneth Szulczyk
University of Otago New Zealand, University of Queensland and Al Akhawayn University

Abstract:

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COVID-19, 2008 GFC, Safe haven assets

24.

The Economic Evaluation of Microalga to Produce Commercial Biodiesel and Improve the Carbon Footprint of Malaysia

Posted: 30 Nov 2021 Last Revised: 09 Nov 2023
Kenneth Szulczyk, Muhammad A. Cheema and Sayyed Mahdi Ziaei
Al Akhawayn University, University of Otago New Zealand and Xiamen University - School of Economics
Downloads 0 (1,097,668)

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biodiesel, microalga, chlorella vulgaris, animal feed, partial equilibrium model

25.

Resurrecting the size effect in Japan: Firm size, profitability shocks, and expected stock returns

Pacific-Basin Finance Journal, Vol. 69, 2021
Posted: 03 Sep 2021
Muhammad A. Cheema, Mardy Chiah and Angel Zhong
University of Otago New Zealand, University of Newcastle (Australia) and Royal Melbourne Institute of Technolog (RMIT University) - School of Economics, Finance and Marketing

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Size effectJapanFirm characteristicsProfitabilityStock returns

26.

Cross-Sectional and Time-Series Momentum Returns: Is China Different?

Pacific-Basin Finance Journal, Vol. 64, 101458, 2020
Posted: 21 Dec 2020
Muhammad A. Cheema, Mardy Chiah and Yimei Man
University of Otago New Zealand, University of Newcastle (Australia) and University of Waikato, Management School

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Momentum Returns, Cross-Sectional, Time-Series, China

27.

Bubble Footprints in the Malaysian Stock Market: Are They Rational?

International Journal of Accounting and Information Management , Vol. 22, No. 3, 2014
Posted: 01 Aug 2017
Gilbert Nartea and Muhammad A. Cheema
University of Canterbury - College of Business and Law and University of Otago New Zealand

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Rational Speculative Bubbles, Duration Dependence, Emerging Markets, Malaysia

28.

Searching for Rational Bubble Footprints in the Singaporean and Indonesian Stock Markets

Journal of Economics and Finance, Vol. 41, No. 3, 2017
Posted: 10 Apr 2017 Last Revised: 10 Jun 2017
Gilbert Nartea, Muhammad A. Cheema and Kenneth Szulczyk
University of Canterbury - College of Business and Law, University of Otago New Zealand and Al Akhawayn University

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Duration, Dependence, Rational, Speculative Bubbles, Singapore, Indonesia

29.

Momentum Returns, Market States, and Market Dynamics: Is China Different?

International Review of Economics & Finance, Vol. 50, 2017
Posted: 27 Mar 2017 Last Revised: 14 Apr 2017
Muhammad A. Cheema and Gilbert Nartea
University of Otago New Zealand and University of Canterbury - College of Business and Law

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Momentum returns; market states; market dynamics; China

30.

Momentum Returns and Information Uncertainty: Evidence from China

Pacific-Basin Finance Journal, Vol. 30, 2014
Posted: 07 Mar 2013 Last Revised: 02 May 2017
Muhammad A. Cheema and Gilbert Nartea
University of Otago New Zealand and University of Canterbury - College of Business and Law

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Momentum returns; Information uncertainty; Cultural differences; Behavioral biases; China