Skip to main content

Iftekhar Hasan

Iftekhar Hasan - Business faculty

Professor of Finance and Corrigan Chair in
International Business and Finance
Joined Fordham: 2011

General Information:
45 Columbus Avenue, Room 511,
New York, NY 10023



Iftekhar Hasan is the E. Gerald Corrigan Chair in International Business and Finance at Gabelli School of Business and co-director of the Center for Research in Contemporary Finance. Professor Hasan serves as the scientific advisor at the Central Bank of Finland. He is the managing editor of the Journal of Financial Stability.

Professor Hasan's research interests are in the areas of financial institutions, corporate finance, capital markets and emerging economies. Professor Hasan has more than 325 publications in print, including 16 books and edited volumes, and more than 225 peer-reviewed articles in finance, economics, accounting, and management journals such as JFE, JFQA, JoB, JME, RoF, JFI, JMCB, JCF, FM, JEF, JIMF, JBF, SMJ, HRM, BJM, RP, JAR, CAR, JAPP, JAAF, MS, EJOR, and JMIS.

Professor Hasan has presented his research at more than 550 professional meetings and institutions worldwide and has been a consultant or a visiting scholar for numerous international organizations, including the World Bank, the IMF, the United Nations, the Federal Reserve Bank of Atlanta, the Office of the Comptroller of Currency of the U.S. Treasury, the Banque de France, Development Bank of Japan, and the Italian Deposit Insurance Corporation. Professor Hasan has been serving as a research fellow at the Financial Institution Center at the Wharton School and a visiting fellow at the Finance Department of the NYU Stern School of Business. He is a Fulbright Scholar and holds an honorary PhD from the Romanian-American University in Bucharest.

Professor Hasan has held visiting faculty positions at several American and European universities, including the University of Rome, Italy; the University of Strasbourg, France; the University of Carlos III, Madrid; EPFL at Lausanne, Switzerland; the University of Limoges, France; National Taiwan University at Taipei; the University of Romania at Bucharest; University of Sydney, Australia, and NYU's Stern School of Business.


  • PhD: University of Houston
  • MSS: University of Houston
  • BSS: University of Dhaka

Areas of Expertise

  • Financial institutions
  • Corporate finance
  • Capital markets
  • Entrepreneurial finance


Selected recent publications

  • “Social Capital and Corporate Tax Avoidance,” Journal of Accounting Research, (forthcoming), with C. Hoi, Q. Wu, and H. Zhang, 2017.
  • “The risk-taking channel of monetary policy in the USA: Evidence from micro-level data,” Journal of Money Credit & Banking, (forthcoming), with M. Delis and N. Mylonidis, 2017.
  • “Covenants not to Compete: The Ties That Stifle Productivity,”  Human Resource Management (forthcoming) with S. Anand, P. Sharma, and H. Wang, 2017. 
  • “Social Capital and Cost of Bank Loan,” Journal of Financial and Quantitative Analysis, (forthcoming), with C. Hoi, Q. Wu, and H. Zhang, 2016.
  • “Urban Agglomeration and CEO Pay,” Journal of Financial and Quantitative Analysis, (forthcoming), with B. Francis, B., K. John, and M. Waisman, 2016.
  • “The Effect of Board Directors from Countries with Different Genetic Diversity Levels on Corporate Performance,” Management Science, (forthcoming), M. Delis, C. Gaganis, and F. Pasiouras, 2016.
  • “Corporate Social Responsibility, Stakeholder Risk, and Idiosyncratic Volatility,” Journal of Corporate Finance, 35, 297–309, with L. Becchetti and R. Ciciretti, 2015.
  • “Small Banks and Local Economic Development,” Review of Finance, 19(2), 653-683, with H. Hakenes, P. Molyneux, and R. Xie, 2015.
  • “Gender Differences in Financial Reporting Decision-Making: Evidence from Conservatism,” Contemporary Accounting Review, 32(3), 1285–1318, with B. Francis, J.C. Park and Q. Wu., 2015.
  • “Do Professors in the Boardroom and their Impact on Corporate Governance and Firm Performance?” Financial Management, 44(3), 547-581, with B. Francis and Q. Wu., 2015.
  • “What determines information content in bank stock price around the world?” Journal of Financial Intermediation, 24(3), 312-324, with B. Francis, L. Song, and B. Yeung, 2015.
  • “Beauty is in the Eyes of the Beholder: The Effect of Tax Avoidance on Cost of Bank Loans,” Journal of Financial Economics, 113, 109-130, C. Hoi, Q. Wu and H. Zhang, 2014.
  • “Bank Regulations and Income Inequality: Empirical Evidence,” Review of Finance, 18, 1811-1846, with M. Delis and P. Kazakis, 2014.
  • “Can Firms Learn by Observing? Evidence from Cross-Border M&As, Journal of Corporate Finance, 25: 202-215, B. Francis and X. Sun, and M. Waisman, 2014.
  •  “State Antitakeover Statutes and Voluntary Disclosure,” Journal of Financial and Quantitative Analysis, 48 (2): 637-668, with Y. Zhou and A. Allen, 2014.