Designation	Department/Organization	City/Country	From-To (month/year)
HOD / Associate Professor	Department of Accounting and Finance, NUML	Islamabad, Pakistan	Mar 2025-Present
Assistant Professor	Department of Accounting and Finance, NUML	Islamabad, Pakistan	Jan 2018-Feb 2025
Lecturer	Department of Governance and Public Policy, NUML	Islamabad, Pakistan	Sep 2015-Dec 2017
Research Associate	Urban Climate and Greenness Project, Ministry of Urban Planning	Doha, Qatar	Apr 2014-Jul 2015
Research Associate	Demutualization Project, Islamabad Stock Exchange	Islamabad, Pakistan	Jan 2010-Aug 2013

1. Wahid, A., Kowalewski, O., & Mumtaz, M. Z. (2025). Green IPOs: a new paradox in environment or economic sustainability. International Journal of Managerial Finance, 1-26. https://doi.org/10.1108/IJMF-11-2023-0586
2. Wahid, A., & Kowalewski, O. (2025). Sustainable portfolio optimization: A multi-class framework for eco-friendly stocks. Research in International Business and Finance, 76, 102841. https://doi.org/10.1016/j.ribaf.2025.102841   
3. Wahid, A., Mantell, N. H., & Mumtaz, M. Z. (2024). The Dynamics of Debt Bondage in Pakistan: Causes and Consequences. Fudan Journal of the Humanities and Social Sciences, (2025) 18:585-609. https://doi.org/10.1007/s40647-024-00427-y
4. Wahid, A., & Kowalewski, O. (2024). Monetary Policy Spillovers and Inter-Market Dynamics Perspective of Preferred Habitat Model. Economies, 12(5), 98. https://www.mdpi.com/2227-7099/12/5/98
5. Wahid, A., Kowalewski, O., & Mantell, E. H. (2022). Determinants of the prices of residential properties in Pakistan. Journal of property investment & finance, 41(1), 35-49 https://doi.org/10.1108/JPIF-06-2021-0051
6. Wahid, A., Mantell, E. H., & Kowalewski, O. (2022). Earnings differentials associated with sexual orientation in the Pakistan labour market. The Economic and Labour Relations Review, 33(4), 754-765. https://doi.org/10.1177/10353046221135381
7. Wahid, A., Mumtaz, M. Z., Kowalewski, O., & Adil, I. H. (2021). Post-spillover effects of China's integration on Pakistan Stock Exchange. Strategic Change: Briefing in Entrepreneurial Finance, 30(6), 581-588. https://onlinelibrary.wiley.com/doi/10.1002/jsc.2470
8. Wahid, A., Mantell, E. H., & Mumtaz, M. Z. (2021). Under invoicing in the residential real estate market in Pakistan. International Journal of Strategic Property Management, 25(3), 190-203. https://doi.org/10.3846/ijspm.2021.14337
9. Adil, I,H. & Wahid, A., and Mantell, E.H (2021) Split Sample Skewness​, Communications in Statistics - Theory and Methods, 50(22), 5171-5188 .https://www.tandfonline.com/doi/full/10.1080/03610926.2020.1804588  
10. Wahid, A., & Mumtaz, M. Z. and Mantell, E.H. (2020) Valuing Local and Dual Class IPOs in the Alternative Investment Market, Estudios de Economia, 47(2), 245-271. https://estudiosdeeconomia.uchile.cl/index.php/EDE/article/view/59177
11.  Wahid, A., Mumtaz, M. Z., & Mantell, E. H. (2020). Short-run pricing performance of local and dual class IPOs in alternative investment market. Romanian Journal of Economic Forecasting, 23(1), 57-74. https://ipe.ro/rjef/rjef1_20/rjef1_2020p57-74.pdf
12. Wahid, A., and Mumtaz, M. Z. (2020) Long-run Price Performance of Local and Dual Class IPOs in AIM, Proceedings of Rijeka Faculty of Economics: Journal of Economics and Business 38 (1), 71-100. https://www.efri.uniri.hr/upload/Zbornik_1_2020/01-Wahid-Mumtaz-2020-1.pdf
13. Wahid, A., Khan, S. A., & Mumtaz, M. Z. (2019). Pricing performance of cross-listed and local IPOs: evidence from alternative investment market. Business and Economic Review, 11(3), 1-28. https://bereview.pk/journal/index.php/ber/issue/view/38
14. Wahid, A., & Mumtaz, M. Z. and Mantell, E.H (2019). Analyzing the Spillover Effects from Parental Markets to Cross-listed IPOs On Mean returns and Price Volatility,  South Asian Journal of Management Sciences , 13 (2), 155-174. https://sajms.iurc.edu.pk//paper.php?id=SAJMS13204
15. Wahid, A., and Mumtaz, M. Z. (2018). The Paradigm Shift in the Pakistan Stock Exchange’s Financial Integration Post-FTA and CPEC Lahore Journal of Economics, 23(1), 21-50. https://lahoreschoolofeconomics.edu.pk/assets/uploads/lje/Volume23/02_Wahid_and_Mumtaz.pdf
16. Wahid, A., Talib, N & Naqvi A .A (2018). Strategic change in operating trends of public listed companies and its impact on stock market growth, Pakistan Development Review, 56(4), 369-383. https://pide.org.pk/research/strategic-change-in-operating-trends-of-public-listed-companies-and-its-impact-on-stockmarket-growth/
17. Wahid, A., & Mumtaz. M., Z. (2018). Economic Corns of Demutualization; Predicting robust financial driver of demutualization of exchanges using Probit Extreme Bound Analysis s. Pakistan Business Review, 20(1), 149-160. https://pbr.iobm.edu.pk/archives/archive-2018/
18. Wahid, A., Azam, K., Adil, I. H., & Naqvi, S. A. A. (2018). Spillover effects of Demutualization on stock Exchanges: a regional Comparison. Pakistan Business Review, 19(4), 908-927. https://pbr.iobm.edu.pk/archives/archive-2018/
19. Wahid, A., Adil, I. H., Talib, N., & Azam, K. (2017). The effects of demutualization on expansion of stock market growth: Evidences from Indian stock market and lesson for Pakistan Stock Exchange (PSX). Pakistan Business Review, 19(3), 761-777. https://pbr.iobm.edu.pk/archives/archive-2017/
20. Habib, S., & Wahid, A. (2016). A Corporate Identity perspective of Corporate Social Responsibility; a new approach to build Corporate Identity. Pakistan Business Review, 18(1), 140-158. https://pbr.iobm.edu.pk/archives/archive-2016/
21. Wahid. A., Talib, N., Ashkanani, F. A., & Alam, M. A. (2015). Demutualization of stock exchanges: A corporate blessing in disguise for stock market growth. Strategic Change, 24(4), 389-400. https://onlinelibrary.wiley.com/doi/10.1002/jsc.2017
22. Qadeer. I & Wahid. A.,(2013). Does the demutualization of stock exchange enhance the financial performance of the stock exchanges? Strategic Change: Briefing in Entrepreneurial Finance, 24(4), 134-146. (https://onlinelibrary.wiley.com/doi/10.1002/jsc.1951)

I am committed to bridging the gap between academia and societal needs through targeted, phenomenon-driven research. My goal is to leverage academic inquiry for practical solutions that address pressing issues, thereby enhancing academia's relevance and fulfilling a social responsibility. My thesis on the development of sub-market for SMEs, funded by the Higher Education Commission, and subsequent creation of a supporting framework, exemplifies my approach. Throughout my academic career, I have focused on timely phenomena such as real estate valuation, under-invoicing in the real estate sector, economic disparities faced by transgender individuals, and debt bondage in Pakistan, with several projects receiving HEC, RASTA & other donors funding. 

As a contributing writer for the International Monetary Fund (IMF) blog, I specialize in producing authoritative content on Public Financial Management (PFM), with a focus on debt and fiscal management challenges in developing countries, particularly Pakistan. My work, which can be viewed at (https://blog-pfm.imf.org/en/authors?author=Abdul%20Wahid), offers a detailed analysis of the complexities in fiscal and debt strategies within these regions. In 2023, the PFM blog's readership significantly increased, with over 80 million hits, reflecting the platform's growing influence and reach. My article, "Pakistan's Debt Dilemma," (https://blog-pfm.imf.org/en/pfmblog/2024/01/pfm-blog-annual-top-10-awards-for-2023) emerged as the second most viewed piece, highlighting the critical financial issues facing developing economies. This achievement underscores the blog's role in fostering a diverse discourse on global financial challenges, including fiscal sustainability and digital transformation.

I am actively engaged in the composition of an article for the London School of Economics (LSE) South Asia platform, focusing on Pakistan's economic landscape, with a particular emphasis on the intersection of green economy and finance. You can access the article via the following link:

1. Pakistan's Green Economy Dilemma (https://blogs.lse.ac.uk/southasia/2023/11/27/pakistans-green-economy-dilemma/)
2. Circular Causation of Modern Slavery in Pakistan (https://blogs.lse.ac.uk/southasia/2024/05/27/circular-causation-of-modern-slavery-in-pakistan/) 

I am a dedicated and consistent contributor to Dawn Business and Finance Weekly, a highly regarded publication known for its authoritative insights on economic matters (https://www.dawn.com/authors/10209/dr-abdul-wahid). Within this role, my focus is on fostering meaningful and substantive discussions concerning various aspects of the Pakistani economy, the intricacies of the business ecosystem, gender empowerment, and the prevailing inequalities in Pakistan.

Education

• Postdoctoral Research Fellowship (2022) — IÉSEG School of Management, France. Specialization: Real Estate Investment and Finance Using Machine Learning.
  Research title: “Valuing Green Residential Real Estate Properties Using Machine Learning.”

• PhD in Financial Economics (2019) — Riphah International University, Islamabad.
  Thesis title: “Performance of Demutualized, Cross-Listed and Newly Listed IPOs: Evidences from Alternative Investment Market (AIM).”

• MS in Finance (2014) — National University of Modern Languages (NUML), Islamabad.
  Thesis title: “Demutualization of Exchanges and Financial Performance of Demutualized Exchanges.”

• Bachelor of Commerce (2009) — University of the Punjab, Lahore. Specialization: Accounting and Finance

Experience

Designation	Department/Organization	City/Country	From-To (month/year)
HOD / Associate Professor	Department of Accounting and Finance, NUML	Islamabad, Pakistan	Mar 2025-Present
Assistant Professor	Department of Accounting and Finance, NUML	Islamabad, Pakistan	Jan 2018-Feb 2025
Lecturer	Department of Governance and Public Policy, NUML	Islamabad, Pakistan	Sep 2015-Dec 2017
Research Associate	Urban Climate and Greenness Project, Ministry of Urban Planning	Doha, Qatar	Apr 2014-Jul 2015
Research Associate	Demutualization Project, Islamabad Stock Exchange	Islamabad, Pakistan	Jan 2010-Aug 2013

Publications

1. Wahid, A., Kowalewski, O., & Mumtaz, M. Z. (2025). Green IPOs: a new paradox in environment or economic sustainability. International Journal of Managerial Finance, 1-26. https://doi.org/10.1108/IJMF-11-2023-0586
2. Wahid, A., & Kowalewski, O. (2025). Sustainable portfolio optimization: A multi-class framework for eco-friendly stocks. Research in International Business and Finance, 76, 102841. https://doi.org/10.1016/j.ribaf.2025.102841   
3. Wahid, A., Mantell, N. H., & Mumtaz, M. Z. (2024). The Dynamics of Debt Bondage in Pakistan: Causes and Consequences. Fudan Journal of the Humanities and Social Sciences, (2025) 18:585-609. https://doi.org/10.1007/s40647-024-00427-y
4. Wahid, A., & Kowalewski, O. (2024). Monetary Policy Spillovers and Inter-Market Dynamics Perspective of Preferred Habitat Model. Economies, 12(5), 98. https://www.mdpi.com/2227-7099/12/5/98
5. Wahid, A., Kowalewski, O., & Mantell, E. H. (2022). Determinants of the prices of residential properties in Pakistan. Journal of property investment & finance, 41(1), 35-49 https://doi.org/10.1108/JPIF-06-2021-0051
6. Wahid, A., Mantell, E. H., & Kowalewski, O. (2022). Earnings differentials associated with sexual orientation in the Pakistan labour market. The Economic and Labour Relations Review, 33(4), 754-765. https://doi.org/10.1177/10353046221135381
7. Wahid, A., Mumtaz, M. Z., Kowalewski, O., & Adil, I. H. (2021). Post-spillover effects of China's integration on Pakistan Stock Exchange. Strategic Change: Briefing in Entrepreneurial Finance, 30(6), 581-588. https://onlinelibrary.wiley.com/doi/10.1002/jsc.2470
8. Wahid, A., Mantell, E. H., & Mumtaz, M. Z. (2021). Under invoicing in the residential real estate market in Pakistan. International Journal of Strategic Property Management, 25(3), 190-203. https://doi.org/10.3846/ijspm.2021.14337
9. Adil, I,H. & Wahid, A., and Mantell, E.H (2021) Split Sample Skewness​, Communications in Statistics - Theory and Methods, 50(22), 5171-5188 .https://www.tandfonline.com/doi/full/10.1080/03610926.2020.1804588  
10. Wahid, A., & Mumtaz, M. Z. and Mantell, E.H. (2020) Valuing Local and Dual Class IPOs in the Alternative Investment Market, Estudios de Economia, 47(2), 245-271. https://estudiosdeeconomia.uchile.cl/index.php/EDE/article/view/59177
11.  Wahid, A., Mumtaz, M. Z., & Mantell, E. H. (2020). Short-run pricing performance of local and dual class IPOs in alternative investment market. Romanian Journal of Economic Forecasting, 23(1), 57-74. https://ipe.ro/rjef/rjef1_20/rjef1_2020p57-74.pdf
12. Wahid, A., and Mumtaz, M. Z. (2020) Long-run Price Performance of Local and Dual Class IPOs in AIM, Proceedings of Rijeka Faculty of Economics: Journal of Economics and Business 38 (1), 71-100. https://www.efri.uniri.hr/upload/Zbornik_1_2020/01-Wahid-Mumtaz-2020-1.pdf
13. Wahid, A., Khan, S. A., & Mumtaz, M. Z. (2019). Pricing performance of cross-listed and local IPOs: evidence from alternative investment market. Business and Economic Review, 11(3), 1-28. https://bereview.pk/journal/index.php/ber/issue/view/38
14. Wahid, A., & Mumtaz, M. Z. and Mantell, E.H (2019). Analyzing the Spillover Effects from Parental Markets to Cross-listed IPOs On Mean returns and Price Volatility,  South Asian Journal of Management Sciences , 13 (2), 155-174. https://sajms.iurc.edu.pk//paper.php?id=SAJMS13204
15. Wahid, A., and Mumtaz, M. Z. (2018). The Paradigm Shift in the Pakistan Stock Exchange’s Financial Integration Post-FTA and CPEC Lahore Journal of Economics, 23(1), 21-50. https://lahoreschoolofeconomics.edu.pk/assets/uploads/lje/Volume23/02_Wahid_and_Mumtaz.pdf
16. Wahid, A., Talib, N & Naqvi A .A (2018). Strategic change in operating trends of public listed companies and its impact on stock market growth, Pakistan Development Review, 56(4), 369-383. https://pide.org.pk/research/strategic-change-in-operating-trends-of-public-listed-companies-and-its-impact-on-stockmarket-growth/
17. Wahid, A., & Mumtaz. M., Z. (2018). Economic Corns of Demutualization; Predicting robust financial driver of demutualization of exchanges using Probit Extreme Bound Analysis s. Pakistan Business Review, 20(1), 149-160. https://pbr.iobm.edu.pk/archives/archive-2018/
18. Wahid, A., Azam, K., Adil, I. H., & Naqvi, S. A. A. (2018). Spillover effects of Demutualization on stock Exchanges: a regional Comparison. Pakistan Business Review, 19(4), 908-927. https://pbr.iobm.edu.pk/archives/archive-2018/
19. Wahid, A., Adil, I. H., Talib, N., & Azam, K. (2017). The effects of demutualization on expansion of stock market growth: Evidences from Indian stock market and lesson for Pakistan Stock Exchange (PSX). Pakistan Business Review, 19(3), 761-777. https://pbr.iobm.edu.pk/archives/archive-2017/
20. Habib, S., & Wahid, A. (2016). A Corporate Identity perspective of Corporate Social Responsibility; a new approach to build Corporate Identity. Pakistan Business Review, 18(1), 140-158. https://pbr.iobm.edu.pk/archives/archive-2016/
21. Wahid. A., Talib, N., Ashkanani, F. A., & Alam, M. A. (2015). Demutualization of stock exchanges: A corporate blessing in disguise for stock market growth. Strategic Change, 24(4), 389-400. https://onlinelibrary.wiley.com/doi/10.1002/jsc.2017
22. Qadeer. I & Wahid. A.,(2013). Does the demutualization of stock exchange enhance the financial performance of the stock exchanges? Strategic Change: Briefing in Entrepreneurial Finance, 24(4), 134-146. (https://onlinelibrary.wiley.com/doi/10.1002/jsc.1951)

Interests

I am committed to bridging the gap between academia and societal needs through targeted, phenomenon-driven research. My goal is to leverage academic inquiry for practical solutions that address pressing issues, thereby enhancing academia's relevance and fulfilling a social responsibility. My thesis on the development of sub-market for SMEs, funded by the Higher Education Commission, and subsequent creation of a supporting framework, exemplifies my approach. Throughout my academic career, I have focused on timely phenomena such as real estate valuation, under-invoicing in the real estate sector, economic disparities faced by transgender individuals, and debt bondage in Pakistan, with several projects receiving HEC, RASTA & other donors funding. 

As a contributing writer for the International Monetary Fund (IMF) blog, I specialize in producing authoritative content on Public Financial Management (PFM), with a focus on debt and fiscal management challenges in developing countries, particularly Pakistan. My work, which can be viewed at (https://blog-pfm.imf.org/en/authors?author=Abdul%20Wahid), offers a detailed analysis of the complexities in fiscal and debt strategies within these regions. In 2023, the PFM blog's readership significantly increased, with over 80 million hits, reflecting the platform's growing influence and reach. My article, "Pakistan's Debt Dilemma," (https://blog-pfm.imf.org/en/pfmblog/2024/01/pfm-blog-annual-top-10-awards-for-2023) emerged as the second most viewed piece, highlighting the critical financial issues facing developing economies. This achievement underscores the blog's role in fostering a diverse discourse on global financial challenges, including fiscal sustainability and digital transformation.

I am actively engaged in the composition of an article for the London School of Economics (LSE) South Asia platform, focusing on Pakistan's economic landscape, with a particular emphasis on the intersection of green economy and finance. You can access the article via the following link:

1. Pakistan's Green Economy Dilemma (https://blogs.lse.ac.uk/southasia/2023/11/27/pakistans-green-economy-dilemma/)
2. Circular Causation of Modern Slavery in Pakistan (https://blogs.lse.ac.uk/southasia/2024/05/27/circular-causation-of-modern-slavery-in-pakistan/) 

I am a dedicated and consistent contributor to Dawn Business and Finance Weekly, a highly regarded publication known for its authoritative insights on economic matters (https://www.dawn.com/authors/10209/dr-abdul-wahid). Within this role, my focus is on fostering meaningful and substantive discussions concerning various aspects of the Pakistani economy, the intricacies of the business ecosystem, gender empowerment, and the prevailing inequalities in Pakistan.