Imtiaz Badshah

Norwegian version of this page Department of Economics, Innovation and Society
Image of Imtiaz Badshah
Norwegian version of this page Position
Associate Professor
Contact Study place
Halden
Office nr.
A3-097

Academic interests

Accounting, Finance, Governance and Reforms

Courses taught

  • International Finance: The Foreign Exchange Market; International Parity Conditions; Forwards, Futures and Options; Interest Rate Risk and Swaps; Exchange Rate Determination

      Book Followed: Eiteman, David K., Arthur I. Stonehill and Michael H. Moffett (2021) . Multinational Business Finance,15th ed. (Global Edition), Boston: Pearson / Prentice Hall

  • Corporate Finance: Time, Money, and Interest Rates; Valuing projects and Firms; Capital Structure; Advanced Valuation; Options

    Book Followed: Corporate Finance: Berk, Jonathan and DeMarzo, Peter (2020) Corporate Finance, ed. 5th, Global Edition, Pearson

  • Global Markets and Institutions: Fundamental of financial markets; Fundamental of financial institutions; central banking and monetary policy; financial markets such as money market, bond markets, stock markets, mortgage markets, foreign exchange markets; banking and the management of financial institutions; mutual fund industry, insurance companies and pension funds; risk management in financial institutions; hedging with financial derivatives.

    Book Followed: Mishkin, F. S and Eakins, S. G. (2018) Financial markets and institutions 9th ed. Pearson.

    Financial Accounting: Basic financial statements; the accounting cycle; accruals and deferrals; reporting financial results; merchandising activities (perpetual inventory system and periodic inventory system); valuation of financial assets; inventories and the cost of goods sold (specific identification method, average method, FIFO, LIFO); plant and intangible asset and their depreciation; liabilities; stockholders equity; paid-in capital;  financial statement analysis

    Book Followed: Williams, J. R., Haka, S. F. and Bettner, M. S. Financial and managerial accounting: the basis for Business Decisions, Ed. 13th.

    Horngren, Sundem, Elliott and Philbrick (2013). Introduction to Financial Accounting. 11th edition.

    Management Accounting: costs terms and purposes; Cost-volume-profit analysis; job costing; activity-based costing (ABC) and activity based management; master budget and responsibility accounting; flexible budgets, direct-cost variances, management control; flexible budget, overhead cost variances, and management control; inventory costing and capacity analysis; pricing decisions and cost management; strategy, balanced scorecard, and strategic profitability analysis

    Book Followed: Horngren, C. T., Datar, S. M., Foster, G., and Rajan, M. V. (2012) Cost Accounting: A managerial emphasis, Global Edition

    Intermediate Accounting: financial accounting and accounting standards; the accounting information system; income statement and related information (special reporting issues); balance sheet and statement of cash flows (techniques of disclosure); accounting and time value of money; cash and receivables; valuation of inventories;  acquisition and disposition of property, plant, and equipment; depreciation, impairments, and depletion, intangible assets

    Book Followed: Kieso, D. E., Weygandt, J. J. and Warfield, T. D (2010) Intermediate Accounting, 13th Ed, publisher: George Hoffman

    Financial Management: 10 principles of financial management; understanding financial statements, taxes, and cash flows; evaluating a firm’s financial performance; financial forecasting, planning, and budgeting; valuation of financial assets (time value of money); risk and rates of return; valuation and characteristics of bonds; stock valuation; capital budgeting decision criteria (payback period, net present value, profitability index, internal rate of return); free cash flows; capital budgeting and risk analysis

    Book Followed): Keown, A. J, Martin, J. D., Petty, J. W. and Scott, Jr. D. F. Financial Management: principles and appreciations, 10th Edition.

Background

Imtiaz Badshah is currently working an Associate Professor in the Department of Economics, Innovation and Society- Østfold University College (HiØ), Norway. Earlier, Mr. Badshah worked as an Assistant Professor in NUST Business School (NBS), National University of Sciences and Technology, Islamabad, Pakistan.

Mr. Badshah has obtained his PhD in Accounting from Nord University Business School, Nord University Norway in 2013. Mr. Badshah worked as academic specialist with Higher Education Commission (HEC), Pakistan to access the competence of universities for awarding degrees. Mr. Badshah obtained PhD degree in Accounting from Nord University Business School, University of Nord (earlier named as University of Nordland) Norway. He holds MPhil degree from the Department of Administration and Organization Theory, University of Bergen Norway with focus on public administration and organization theory. Prior to that Mr. Badshah obtained a master degree from Quaid-i-Azam University Islamabad Pakistan in Public Administration.

Research: Governance and reforms, Management accounting, financial accounting, financial management, and financial markets and institutions

Awards

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Appointments

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Positions held

Teaching and Research Position

             a)    Associate professor, Associate Professor, Department of Economics, Innovation and Society- Østfold University College (HiØ) Norway (August, 2017….)

    b) Visiting Faculty, Department of Business, Marketing and Law; University of South-Eastern Norway (January 2023-August 2023)

c)    Assistant professor, NUST Business School, National University of Science and Technology (NUST) Islamabad, Pakistan (Feb, 2014…July, 2017)

d)     Assistant Professor (Visiting), Quaid-i-Azam School of Management Sciences, Quaid-i-Azam University Islamabad, Pakistan (Feb, 2014---Dec, 2016)

e)    Assistant Professor (visiting), National Defense University (NDU), Islamabad (September, 2015---August 2016)

f)     Hovedlærer (main teacher): Course Name: BE 208E Business Analysis (Financial Accounting, Management Accounting) Bodø Graduate School of Business, University of Nordland

Administrative Positions

a)     Program Coordinator for Business Analysis: Faculty of Business, Languages, and Social Sciences, University College Østfold, Norway. (August, 2017-2018)

b)    PhD Coordinator in NUST Business School (January, 2015---July, 2017)): Liaison between PhD students, supervisors and administration. 

c)     Academic Expert (March, 2016-----July, 2017): I worked with Higher Education Commission (HEC) as an Academic Expert to visit universities to evaluate their programs for awarding NOC to start academic programs.

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Partners

  1. Dr. Khalifa Jaber: College of Business Administration, Al Falah University, United Arab Emirates; Email: coba@afu.ac.ae
  2. Konstantin Timoshenko, Associate Professor at Nord University Business School, Bodø, Norway. He has a PhD in Accounting from Nord University Business School, Bodø, Norway.
  3. Ishtiaq Jamil, Associate professor, Department of Administration and Organizaiton Theory, University of Bergen Norway
  4. Lin Zhijun: professor Dean of School of Business, Macau University of Science and Technology, China; Email: zlin@must.edu.mo
  5. Dr. Amira Khattak: Assistan Professor at Prince Sultan University, Saudi Arabia
  6. Dr. Mohammand Ibrahim Khan: Assistan Professor, Institute of Business and Leadership Studies, Abdul Wali Khan University Mardan, Pakistan, Email: abrahimbcu@gmail.com

Publications

  • Khan, Asad; Rehman, Zia Ur; Badshah, Imtiaz & Khan, Muhammad Ibrahim (2024). Is Bowman’s paradox an empirical artifact? Evidence from Asian emerging countries. Managerial Finance. ISSN 0307-4358. doi: 10.1108/MF-04-2024-0269. Full text in Research Archive
  • Khan, Asad; Rehman, Zia Ur; Khan, Muhammad Ibrahim & Badshah, Imtiaz (2023). Does corporate risk management lead to risk mitigation and firm performance? Evidence from Asian emerging markets. Management Research Review. ISSN 2040-8269. doi: 10.1108/MRR-11-2022-0776. Full text in Research Archive
  • Khan, Muhammad Ibrahim; Hussain, Javed Ghulam; Badshah, Imtiaz & Khattak, Amira (2021). Stock Return Behaviour around Earnings Disclosure. International Journal of Innovation, Creativity and Change. ISSN 2201-1315. 15(3), p. 371–395. Full text in Research Archive
  • Badshah, Imtiaz; Khan, Muhammad Ibrahim; Qayum, Hina & Shah, Burhan Ali (2021). Performance of Shariah-Compliant Equity Portfolio Vs Conventional Equity Portfolio: A Case Study of the Pakistan Stock Exchange. Linguistica Anverpiensia New Series – Themes in Translation Studies. ISSN 0304-2294. p. 6589–6610. Full text in Research Archive
  • Badshah, Imtiaz; khan, Muhammad Ibrahim; Amira, Khattak; Zunaira, Jalil & Seema, Gul (2020). Can investors depend only on accounting information in Investment Decision-making? International Journal of Psychosocial Rehabilitation. 24(8), p. 2150–2163. doi: 10.37200/IJPR/V24I8/PR280235. Full text in Research Archive
  • Badshah, Imtiaz & Borgersen, Trond Arne (2020). Management of Exchange Rate Risk In SMES: Reflections On Exchange Rate Pass-Through and Hedging of Currency Risk. SEISENSE Journal of Management (JOM). 3(6), p. 35–49. doi: 10.33215/sjom.v3i6.474. Full text in Research Archive
  • Timochenko, Konstantin Yurievich; Kuruppu, Gowindage Chamara Jayanath; Badshah, Imtiaz & Ambalangodage, Dayananda (2019). A Systems Approach to Comprehend Public Sector (Government) Accounting. In Antipova, Tatiana (Eds.), Integrated Science in Digital Age (ICIS 2019). Springer. ISSN 9783030224936. p. 50–59. doi: 10.1007/978-3-030-22493-6_6. Full text in Research Archive
  • Badshah, Imtiaz; Ahmad, Maaheen & Jaber, Khalifa (2019). Are Interest Rates Alone Enough to Understand Stock Returns in the Islamic Republic of Pakistan? International Journal of Economic Policy in Emerging Economies (IJEPEE). ISSN 1752-0452. 12(3), p. 227–242. doi: 10.1504/IJEPEE.2019.102775. Full text in Research Archive
  • Badshah, Imtiaz & Timochenko, Konstantin Yurievich (2018). Civil Service Reforms in the Islamic Republic of Pakistan: Progress So Far, Implementation Barriers and Challenges. In Jamil, Ishtiaq; Dhakal, Teknath & Paudel, Narendra Raj (Ed.), Civil Service Management and Administrative Systems in South Asia. Palgrave Macmillan. ISSN 9783319901916. p. 149–172. doi: 10.1007/978-3-319-90191-6_7. Full text in Research Archive
  • Badshah, Imtiaz & Mellemvik, Frode (2018). Development of Accounting and financial reporting practices in the Islamic Republic of Pakistan. In Lin, Zhijun (Eds.), The Routledge handbook of accounting in Asia. Routledge. ISSN 9781138189034. p. 67–82. doi: 10.4324/9781315641867-5. Full text in Research Archive
  • Abbas, Muhammad & Badshah, Imtiaz (2017). Institutional Investment and Stock Returns Volatility at Pakistan Stock Exchange (PSX). FWU Journal of Social Sciences. ISSN 1995-1272. 11(1), p. 219–229. Full text in Research Archive
  • Maroof, Lubna; Javid, Attiya Jasmin & Badshah, Imtiaz (2017). Do Mutual Funds Remain Persitent? Evidence from Pakistan. South Asian Journal of Management Sciences. ISSN 2410-8537. 11(1), p. 60–75. doi: 10.21621/sajms.2017111.05. Full text in Research Archive
  • Sarfraz, Muhammad; Nisar, Qasim Ali; Ali, Irfan & Badshah, Imtiaz (2015). Factors causing strategic objective failure: an empirical study in the public sector universities of Pakistan. International Journal of Innovation and Applied Studies. ISSN 2028-9324. 12(2), p. 512–517. Full text in Research Archive
  • Badshah, Imtiaz; Mellemvik, Frode & Timoshenko, Konstantin (2013). Accounting from Religious Perspective: a Case of the central government accounting in Islamic Republic of Pakistan. Asian Economic and Financial Review (AEFR). ISSN 2305-2147. 3(2), p. 243–258. Full text in Research Archive
  • Badshah, Imtiaz & Mellemvik, Frode (2012). Philosophical Debate to Study the Development of Central Government Accounting in Islamic Republic of Pakistan. Nepalese Journal of Public Policy and Governance. ISSN 2091-0215. XXXI(2), p. 60–75. Full text in Research Archive

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  • Badshah, Imtiaz; Wu, Hong & Khattak, Imran Ullah (2025). Annual confidential report of the civil service of Pakistan. Full text in Research Archive
  • Badshah, Imtiaz & Imtiaz, Sajida (2025). Embracing Digital Transformation: The Future of Accounting profession in Norway. Full text in Research Archive
  • Badshah, Imtiaz & Imtiaz, Sajida (2025). Reflection on administrative reforms in South Asia. Full text in Research Archive
  • Badshah, Imtiaz (2024). Session Chair: Day 2- Session II:12:30-14:30, Corporate Finance. Full text in Research Archive
  • Badshah, Imtiaz; Khan, Imran Ullah & Imtiaz, Sajida (2024). Gender Discrimination and Poverty Nexus: A Case Study of Serai Naurang, District Lakki Marwat. Full text in Research Archive
  • Badshah, Imtiaz (2024). The Dilemma of the effectiveness of performance appraisal in the civil servance of Pakistan. Full text in Research Archive
  • Badshah, Imtiaz (2023). 43rd EBES Conference-Madrid Spain, April 12-14, 2023-Hosted by Faculty of Economics and Business, Universidad Complutense de Madrid-Chair session. Full text in Research Archive
  • Badshah, Imtiaz (2023). 42nd EBES Conference. Full text in Research Archive
  • Badshah, Imtiaz (2023). October 12, Session II: 11.10-13.10 (Budapest, Hungary local time) ENTREPRENEURSHIP. Full text in Research Archive
  • Badshah, Imtiaz (2022). 38th EBES Conference-. Full text in Research Archive
  • Badshah, Imtiaz (2022). 39th EBES Conference. Full text in Research Archive
  • Badshah, Imtiaz (2022). 40th EBES Conference-Istanbul. Full text in Research Archive
  • Badshah, Imtiaz (2021). Entrepreneurship-Chair. Full text in Research Archive
  • Badshah, Imtiaz (2021). Day 1 Session 1-Discussant. Full text in Research Archive
  • Badshah, Imtiaz (2021). session Management and Education-Discussant. Full text in Research Archive
  • Badshah, Imtiaz (2021). Management I-Discussant. Full text in Research Archive
  • Badshah, Imtiaz (2019). Scandinavian Management and Emerging Economies: A Learning Exchange (SMALE). Full text in Research Archive
  • Mustafa, Ghulam; Badshah, Imtiaz & Straume, Kristine Coucheron (2019). The role of individual factors in women’s managerial advancement in Norway. Full text in Research Archive
  • Badshah, Imtiaz & Mustafa, Ghulam (2019). Reflections on digitalization in the public sector of Pakistan. Full text in Research Archive
  • Timochenko, Konstantin Yurievich; Kuruppu, Gowindage Chamara Jayanath; Badshah, Imtiaz & Ambalangodage, Dayananda (2019). A Systems Approach to Comprehend Public Sector (Government) Accounting. Full text in Research Archive
  • Badshah, Imtiaz (2018). Activity Based Costing (ABC) and Just-in-Time Inventory Management system. Full text in Research Archive
  • Badshah, Imtiaz; Khan, Muhammad Ibrahim; Jalil, Zunaira & Khattak, Amira (2018). Behavioral Issues and Investor’s Decision Making: A case study of the Pakistan Stock Exchange. Full text in Research Archive
  • Badshah, Imtiaz; Ahmad, Maaheen & Rehman, Ijaz Ur (2018). Are Interest Rates enough to Understand Stock Returns in the Islamic Republic of Pakistan? Full text in Research Archive
  • Badshah, Imtiaz & Mustafa, Ghulam (2018). The dilemma of the effectiveness of performance appraisal in the civil service of Pakistan. Full text in Research Archive
  • Badshah, Imtiaz & Borgersen, Trond-Arne (2018). Exchange rate strategies among SMB exporters - A literature review of exchange rate pass-through and hedging of exchange rate risk. Do SMBs behave according to theory? Full text in Research Archive
  • Badshah, Imtiaz (2018). Digitalization of Accounting. Full text in Research Archive
  • Badshah, Imtiaz & Mustafa, Ghulam (2018). The dilemma of the effectiveness of performance appraisal in the civil service of Pakistan. Full text in Research Archive
  • Shear, Falik; Butt, Hilal Anwar & Badshah, Imtiaz (2017). An Analysis of the Relationship Between the Sovereign Credit Default Swaps and the Stock market of Pakistan Through Handling Outliers. Full text in Research Archive
  • Abbas, Muhammad & Badshah, Imtiaz (2016). Dividend Payout and Liquidity in Karachi Stock Exchange. Full text in Research Archive
  • Badshah, Imtiaz & Abbas, Muhammad (2015). Preferences of institutional investors in Karachi Stock Exchange. Full text in Research Archive
  • Badshah, Imtiaz (2011). Accounting from Religious Perspective: A Case of the Islamic Republic of Pakistan. Full text in Research Archive
  • Badshah, Imtiaz (2018). Institutional Investment, Stock Returns Volatility and Stocks Liquidity in Dividend Paying Versus Non-Dividend Paying Firms: Evidence from Pakistan Stock Exchange. National University of Sciences and Technology. Full text in Research Archive

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Published June 12, 2018 4:30 PM - Last modified Dec. 18, 2024 12:09 PM