Dr Malika Hamadi
Dr. Malika Hamadi is a Senior Lecturer in Finance. Malika holds a Ph.D. in Economics from the Catholic University of Louvain in Belgium. She previously held posts at Leicester School of Business, the Department of Business and Economics - University of Sassari (Italy), and the Luxembourg School of Finance - University of Luxembourg.
Corporate finance/Corporate governance - Banking - Microfinance - Finance/Accounting - Networks of corporate boards.
Research Seminar Series Coordinator for the Department of Finance and Accounting
Personal Academic Tutor
Internal Examiner of Ph.D Theses
2009 - 2011: Principal Investigator of the research project (MICFI, C08/IS/09): “Outreach and the Financing of Microfinance Institutions”, funded by the National Research Fund (FNR), Luxembourg. Amount allocated 82000€.
2009 - 2011: Co-investigator of the research project (BaBe, C08/IS/13): “The Small World of Banking in Benelux”, funded by the National Research Fund (FNR), Luxembourg. Amount allocated 242000€. Principal Investigator: Prof. Nicolas Jonard.
Active Participation in Academic Conferences
- Financial Management Association (FMA) Annual Meeting, Las Vegas, Nevada, USA, October 19-22, 2016
- 10th edition of the International Conference on Accounting and Management Information Systems (AMIS 2015) at the Bucharest University of Economic Studies, June 10-11, 2015
- First Conference on Recent Developments in Financial Econometrics and Applications at Deakin University, Victoria, Australia December 4-5, 2014
- The Allied Social Science Association (ASSA) Meetings - International Banking, Economics, and Finance Association, Philadelphia, USA, January 3-5, 2014
- Eastern Finance Association Annual Meetings in St. Pete Beach, Florida, USA, April10-13, 2013
- Western Economic Association International & International Banking, Economics, and Finance Association, 10th Biennial Pacific Rim Conference in Tokyo, Japan, March 14-17, 2013
- ADRES Conference (Association pour le Développement de la Recherche en Economie et en Statistique), Strasbourg, France, January 31 & February 1, 2013
- Financial Management Association (FMA) Annual Meeting, Atlanta, Georgia, USA, October 17-20, 2012. Semi-finalist for the best paper award in Financial Markets and Institutions.
- Financial Management Association (FMA), Barcelona, Spain, June 27-30, 2012
- The 2012 Research Conference on Microinsurance, University of Twente, The Netherlands, April 11-13, 2012 (invited as a session moderator)
- European Economic Association - European Meeting of the Econometric Society (EEA-ESEM), Oslo, Norway, August 25-29, 2011
- Asian Meeting of the Econometric Society, Department of Economics, Seoul National University, South Korea, August 11-13, 2011
- Second European Research Conference on Microfinance, University of Groningen, Globalisation Studies Groningen, The Netherlands, June 16-18, 2011
- Far Eastern and South Asian Meeting of the Econometric Society (FESMES), University of Tokyo, Japan, August 3-5, 2009
- European Economic Association - European Meeting of the Econometric Society (EEA-ESEM), Vienna, Austria, August 24-28, 2006
- International Conference on Finance, University of Copenhagen, Denmark, September 2-4, 2005
- Spring Meeting of Young Economists, Warsaw, Poland, April 23-24, 2004
- CEPR/ECGI/INSEAD/NBER/University of Alberta joint conference, at INSEAD Fontainebleau, France, January 30-31, 2004
- Association Française de Finance (AFFI), Lyon, France, June 23-25, 2003
- Pôles d'Attraction Inter-universitaires (PAI) Conference on Financial Econometrics, Leuven, Belgium, January 25-26, 2001
- Competition, Loan Rates and Information Dispersion in Nonprofit and For-profit Microcredit Markets (with Guillermo Baquero, ESMT-Berlin, and Andréas Heinen, U. Cergy-Pontoise), Journal of Money, Credit, and Banking, (forthcoming)
- Cash Holding and Control-Oriented Finance (with Ronald W. Anderson, London School of Economics), Journal of Corporate Finance, Vol. 41,410-425, December 2016
- Does Basel II affect the Market Valuation of Discretionary Loan Loss Provisions? (with Andréas Heinen, U. Cergy-Pontoise, Stefan Linder, ESSEC, Vlad-Andrei Porumb, U. Groningen), Journal of Banking and Finance, Vol. 70, 177-192, 2016
- Firm Performance when Ownership is very Concentrated: Evidence from a Semiparametric Panel (with Andréas Heinen, U. Cergy-Pontoise), Journal of Empirical Finance, 34, 172-194, 2015
- Beyond good intentions: Measuring impact investment and social performance in microfinance (with Micol Pistelli and Armonia Pierantozzi, MIX Market), The Micro Banking Bulletin (MIX Market - The World Bank), June 2014
- Generating Rules and the Social Science of Governance (with Bruce Kogut,Columbia Business School, Mariano Belinky and Jordi Colomer), pp.237-258, Book Chapter in The Small Worlds of Corporate Governance", Edited by Bruce Kogut, MIT Press, May 11, 2012, ISBN-13: 978-0262017275
- Is there a Global Small World of Owners and Directors (with Bruce Kogut,Columbia Business School, Mariano Belinky, Jordi Colomer and the contributors to the book), pp.259-299, Book Chapter in The Small Worlds of Corporate Governance", Edited by Bruce Kogut, MIT Press, May 11, 2012, ISBN-13: 978-0262017275
- Microfinance: Arbitages entre Objectifs Financiers et Sociaux (with Guillermo Baquero and Andréas Heinen), Column in Luxemburger Wort, 15 June 2011
- Ownership Concentration, Family Control and Performance of Firms, European Management Review, Vol. 7, Issue 2, 2010
- Internal Capital Market Efficiency of Belgian Holding Companies (with Axel Gautier, U of Liège), Finance (the review of the French Finance Association -AFFI), Vol 26, N. 2, 2005
- Illusionary Finance and Trading Behavior (with Erick Rengifo, Fordham U, and Diego Salzman), The ICFAI Journal of Behavioral Finance, Vol. I, N.3, 2005
- Les fondements théoriques de la privatisation, Les Cahiers du CREAD (Centre de Recherche en Economie Appliquée pour le Développement), N.45, 3ème trimestre, 17-36, 1998
Nonprofit and For-profit Microcredit Markets, Journal of Money, Credit, and Banking 50 (5) pp. 893-937 Wiley
the effects of competition on loan rates of microfinance institutions (MFIs). We use
a new database from rating agencies, covering 379 for-profit and nonprofit MFIs in
67 countries over 2002-2008. Controlling for interest rate ceilings and other countryspecific
factors, we first find that nonprofits are relatively insensitive to industry-wide
concentration changes, while for-profits charge significantly lower rates in less concentrated
markets. Second, we find spillover effects between the for-profit and nonprofit segments. Third, we show that the effects of concentration are consistent with an
information dispersion mechanism.