Rana Muhammad Ammar Zahid

a headshot of a man
School: The Business School
Department: Economics & Finance
Position: Lecturer
Location: RMIT Saigon South
Email: ammar.zahid@rmit.edu.vn 
ORCID: 0000-0002-4627-0917 

Dr. Ammar Zahid holds a Ph.D. in Business Administration with a specialization in Accounting from Izmir University of Economics, Turkey, and a post-doctorate from Xi’an Jiaotong University, China. He has taught accounting and finance for over 15 years at various institutions such as RMIT University, Ulster University, and the Virtual University of Pakistan. His research interests include international financial reporting standards, corporate governance, non-financial reporting, and corporate digitalization. He has published several research papers in prestigious journals and serves as an Academic Editor and Reviewer for various journals. Additionally, he is a certified professional accountant and an associate member of PIPFA. 

  • 2021: Post Doctorate, Xi’an Jiaotong University, Xi’an, China.  Funded by Shaanxi provincial Government 
  • 2018: Ph.D. in Business Administration (Specialization in Accounting), Middle East Technical University, Ankara, Turkey. Izmir University of Economics, Turkey. Alexandru Ioan Cuza University of IASI, Romania. Funded by Higher Education Commission of Pakistan (HEC) 
  • 2010: M.B.A. (Banking & Finance), Hailey College of Banking and Finance. University of Punjab, Pakistan. 
  • 2006: APA (Associate Public Accountants), Pakistan Institute of Public Finance Accountants, Pakistan. 
  • 2005: B.Com (Bachelors in Commerce), University of Agriculture Faisalabad, Pakistan. 

  • Accounting

  • International business and financial reporting
  • Financial markets
  • Non-financial Reporting
  • Corporate Digitilization and Corporate Governance

ARTICLES PUBLISHED IN JOURNALS 

  • Zahid, R. M. A., & Simga-Mugan, C. (2024). The impact of International Financial Reporting Standards adoption on the integration of capital markets. International Journal of Finance & Economics, 29(1), 229-250. (SSCI, IF 2.9) (ABS: 3) (ABDC: B)  (JCR Q2) https://doi.org/https://doi.org/10.1002/ijfe.2684  
  • Zahid, R. M. A., Maqsood, U. S., Irshad, S., & Khan, M. K. (2024) The role of women on board in combatting greenwashing: A new perspective on environmental performance. Business Ethics, the Environment & Responsibility, n/a(n/a). (SSCI, IF 2.1) (ABS: 2*) (ABDC: B)  (JCR Q2) https://doi.org/https://doi.org/10.1111/beer.12607  
  • Zahid, R. M. A., Khan, M. K., Maqsood, U. S., & Nazir, M. (2024). Environmental, social, and governance performance analysis of financially constrained firms: Does executives' managerial ability make a difference? Managerial and Decision Economics, 45(5), 2751-2766. (SSCI, IF 2.2) (ABS: 2) (ABDC: B)  (JCR Q2)  https://doi.org/https://doi.org/10.1002/mde.4161  
  • Zahid, R. M. A., Khan, M. K., & Demir, V. (2024). Accounting in the shadows of tradition: the role of national culture. Management Decision, 62(3), 1060-1083. (SSCI, IF 4.6) (ABS: 2)  (JCR Q3) https://doi.org/10.1108/MD-12-2022-1748  
  • Maqsood, U. S., Wang, S., Li, Q., & Ammar Zahid, R. M. (2024). Protect your green line: Foreign residency rights and green innovation. Economics Letters, 234, 111442. (SSCI, IF 2.0) (ABS: 3) (ABDC: B)  (JCR Q3) https://doi.org/https://doi.org/10.1016/j.econlet.2023.111442  
  • Maqsood, U. S., Li, Q., Zahid, R. M. A., & Wang, S. From greed to good: how government regulations of executive compensation impact corporate ESG performance? Asia-Pacific Journal of Accounting & Economics, 1-21. (SSCI, IF 1.1) (ABS: 2) (ABDC: B)  (JCR Q4) https://doi.org/10.1080/16081625.2023.2298920  
  • Hussain, M., Yang, S., Maqsood, U. S., & Zahid, R. M. A. (2024) Tapping into the green potential: The power of artificial intelligence adoption in corporate green innovation drive. Business Strategy and the Environment, n/a(n/a). (SSCI, IF 13.4) (ABS: 3) (ABDC: B)  (JCR Q1) https://doi.org/https://doi.org/10.1002/bse.3710  
  • Li, Q., Maqsood, U. S., & Zahid, R. M. A. (2024). Nexus between government surveillance on executive compensation and green innovation: Evidence from the type of state-owned enterprises. Business Ethics, the Environment & Responsibility, 33(1), 94-112. (SSCI, IF 2.1) (ABS: 2*) (ABDC: B)  (JCR Q2)  https://doi.org/https://doi.org/10.1111/beer.12601  
  • Li, S., Younas, M. W., Maqsood, U. S., & Zahid, R. M. A. (2024). Tech for stronger financial market performance: the impact of AI on stock price crash risk in emerging market. International Journal of Emerging Markets, ahead-of-print(ahead-of-print). (SSCI, IF 2.1) (ABDC: B)  (JCR Q2)  https://doi.org/10.1108/IJOEM-10-2023-1717  
  • Saleem, A., Daragmeh, A., Zahid, R. M. A., & Sági, J. (2024). Financial intermediation through risk sharing vs non-risk sharing contracts, role of credit risk, and sustainable production: evidence from leading countries in Islamic finance. Environment, Development and Sustainability, 26(5), 11311-11341. ). (SCI, IF 4.9) (JCR Q2) https://doi.org/10.1007/s10668-023-03298-7  
  • Yang, S., Hussain, M., Ammar Zahid, R. M., & Maqsood, U. S. (2024). The role of artificial intelligence in corporate digital strategies: evidence from China. Kybernetes, ahead-of-print(ahead-of-print). (SCIE, IF 2.5) (ABS: 1) (JCR Q3)https://doi.org/10.1108/K-08-2023-1583  
  • Zahid, R. M. A., Saleem, A., Maqsood, U. S., & Sági, J. (2024). Moderating role of audit quality in ESG performance and capital financing dynamics: insights in China. Environment, Development and Sustainability, 26(5), 12031-12060. (SCI, IF 4.9) (JCR Q2) https://doi.org/10.1007/s10668-023-03636-9  
  • Hou, D., Liu, Z., Zahid, R. M. A., & Maqsood, U. S. (2024). ESG dynamics in modern digital world: empirical evidence from firm life-cycle stages. Environment, Development and Sustainability. (SCI, IF 4.9) (JCR Q2)  https://doi.org/10.1007/s10668-023-04425-0  
  • Liu, Z., Hou, D., & Zahid, R. M. A. (2024). Intersecting paths: Corporate and green innovation in Chinese firms—A penal cointegration analysis. PLOS ONE, 19(1), e0295633. (SCIE, IF 2.5) (JCR Q2) https://doi.org/10.1371/journal.pone.0295633 
  • Khurshid, M., Zahid, R. M. A., & Nisa, M. U. (2024). Factors affecting financial decisions of university students: evidence from Pakistan. Managerial Finance, 50(2), 297-312. (ESCI, IF 1.6) (ABS: 1) https://doi.org/10.1108/MF-05-2021-0207  
  • Zahid, R. M. A., Taran, A., Khan, M. K., & Chersan, I.-C. (2023). ESG, dividend payout policy and the moderating role of audit quality: Empirical evidence from Western Europe. Borsa Istanbul Review, 23(2), 350-367. (SSCI, IF 5.2) ( JCR Q1) https://doi.org/https://doi.org/10.1016/j.bir.2022.10.012  
  • Zahid, R. M. A., Taran, A., Khan, M. K., & Simga-Mugan, C. (2023). The effect of ownership composition on corporate financial performance in the European frontier markets. Baltic Journal of Management, 18(2), 242-261. (SSCI, IF 3.1) (ABS: 1) (ABDC: C)  (JCR Q3) https://doi.org/10.1108/BJM-12-2021-0457  
  • Zahid, R. M. A., Rafique, S., Khurshid, M., Khan, W., & Ullah, I. (2023). Do Women’s Financial Literacy Accelerate Financial Inclusion? Evidence from Pakistan. Journal of the Knowledge Economy. (SSCI, IF 3.3) (ABDC: C)  (JCR Q2) https://doi.org/10.1007/s13132-023-01272-2  
  • Zahid, R. M. A., Saleem, A., & Maqsood, U. S. (2023). ESG performance, capital financing decisions, and audit quality: empirical evidence from Chinese state-owned enterprises. Environmental Science and Pollution Research, 30(15), 44086-44099. (SCIE, IF 5.8) (JCR Q1) https://doi.org/10.1007/s11356-023-25345-6  
  • Zahid, R. M. A., Khan, M. K., & Kaleem, M. S. (2023). Skilled managers and capital financing decisions: navigating Chinese firms through financing constraints and growth opportunities. Kybernetes, ahead-of-print(ahead-of-print). (SCIE, IF 2.5) (ABS: 1) (JCR Q3) https://doi.org/10.1108/K-02-2023-0268  
  • Khurshid, M., Zahid, R. M. A.*, Hussain, M., & Usman, A. (2023). Achieving sustainable environment through infrastructure and energy structure developments: empirical evidence from BRICS. Environmental Science and Pollution Research, 30(45), 101782-101789. (SCIE, IF 5.8) (JCR Q1)  https://doi.org/10.1007/s11356-023-29575-6  
  • Li, Q., Maqsood, U. S., Zahid, R. M. A., & Anwar, W. (2023). Regulating CEO pay and green innovation: moderating role of social capital and government subsidy. Environmental Science and Pollution Research. (SCIE, IF 5.8) (JCR Q1) https://doi.org/10.1007/s11356-023-26641-x  
  • Zahid, R. M. A., Ali, Q., Saleem, A., & Sági, J. (2023). Impact of geographical, meteorological, demographic, and economic indicators on the trend of COVID-19: A global evidence from 202 affected countries. Heliyon, 9(9). (SCIE, IF 4.0) (JCR Q2)  https://doi.org/10.1016/j.heliyon.2023.e19365  
  • Afridi, F. e. A., Afridi, S. A., Zahid, R. M. A.*, Khan, W., & Anwar, W. (2023). Embracing green banking as a mean of expressing green behavior in a developing economy: exploring the mediating role of green culture. Environmental Science and Pollution Research. (SCIE, IF 5.8) (JCR Q1)  https://doi.org/10.1007/s11356-023-25449-z 
  • Afridi, S. A., Ali, S. Z., & Zahid, R. M. A*. (2023). Nurturing environmental champions: exploring the influence of environmental-specific servant leadership on environmental performance in the hospitality industry. Environmental Science and Pollution Research. (SCIE, IF 5.8) (JCR Q1)  https://doi.org/10.1007/s11356-023-29690-4  
  • Zahid, R. M. A., Khan, M. K., Anwar, W., & Maqsood, U. S. (2022). The role of audit quality in the ESG-corporate financial performance nexus: Empirical evidence from Western European companies. Borsa Istanbul Review, 22, S200-S212. (SSCI, IF 5.2) ( JCR Q1) https://doi.org/https://doi.org/10.1016/j.bir.2022.08.011  
  • Zahid, R. M. A., Khurshid, M., & Khan, W. (2022). Do Chief Executives Matter in Corporate Financial and Social Responsibility Performance Nexus? A dynamic Model Analysis of Chinese Firms [Original Research]. Frontiers in Psychology, 13. (SSCI, IF 3.8) (JCR Q1) https://doi.org/10.3389/fpsyg.2022.897444  
  • Zahid, R. M. A., Khurshid, M., Khan, W., Hong, Z., & Kasule, H. (2022). Awareness Level of Business Students regarding Drinking Water Safety and Associated Adulteration Accidents: A Multinomial Logistic Regression Approach. Journal of Environmental and Public Health, 2022(1), 7492409. (SSCI, IF 2.79) (JCR Q3) https://doi.org/https://doi.org/10.1155/2022/7492409  
  • Zahid, R. M. A., Khurshid, M., Waheed, M., & Sanni, T. (2022). Impact of Environmental Fluctuations on Stock Markets: Empirical Evidence from South Asia. Journal of Environmental and Public Health, 2022(1), 7692086. (SSCI, IF 2.79) (JCR Q3) https://doi.org/https://doi.org/10.1155/2022/7692086  
  • Khan, M. K., Ali, S., Zahid, R. M. A.*, Huo, C., & Nazir, M. S. (2022). Does Whipping Tournament Incentives Spur CSR Performance? An Empirical Evidence From Chinese Sub-national Institutional Contingencies [Original Research]. Frontiers in Psychology, 13. (SSCI, IF 3.8) (JCR Q1) https://doi.org/10.3389/fpsyg.2022.841163  
  • Khan, M. K., Zahid, R. M. A*., Shahzad, K., Hussain, M. J., & Kitendo, M. M. (2022). Role of Managerial Ability in Environmental, Social, and Economics Sustainability: An Empirical Evidence from China. Journal of Environmental and Public Health, 2022(1), 8588385. (SSCI, IF 2.79) (JCR Q3) https://doi.org/https://doi.org/10.1155/2022/8588385  
  • Khan, W., Zahid, R. M. A.*, Ullah, I., Chuadhry, M. A., Malik, S. Y., Mughal, Y. H., Batool, N., Begum, A., Han, H., & Mohamed, A. (2022). Impact of COVID-19 on the wellbeing of micro and small entrepreneurs of rural Pakistan [Original Research]. Frontiers in Public Health, 10. (SSCI, IF 5.2) (JCR Q1) https://doi.org/10.3389/fpubh.2022.993412  
  • Khan, M. K., Zahid, R. M. A.*, Saleem, A., & Sági, J. (2021). Board Composition and Social & Environmental Accountability: A Dynamic Model Analysis of Chinese Firms. Sustainability, 13(19), 10662. (SSCI, IF 3.9) (JCR Q2) https://www.mdpi.com/2071-1050/13/19/10662  
  • Zahid, R. M. A.*, & Simga-Mugan, C. (2019). An Analysis of IFRS and SME-IFRS Adoption Determinants: A Worldwide Study. Emerging Markets Finance and Trade, 55(2), 391-408. (SSCI, IF 4.8) (ABDC: B) (ABS: 2) (JCR Q1) https://doi.org/10.1080/1540496X.2018.1500890  
  • R. M. Ammar ZAHID*, Alina TARAN, Can SIMGA-MUGAN (2018) Cultural values and Financial Reporting practices: contemporary tendencies in EEC. Eastern Journal of European Studies (EJES), 9:2, 80-109. (ESCI) https://ejes.uaic.ro/articles/EJES2018_0902_ZAH.pdf 
  • R. M. Ammar ZAHID*, Muzammil Khursheed (2018) Impact of SAFTA on capital market integration of south Asia: evidence from cointegration analysis. Review of Economic and Business Studies. Volume 11, Issue 1, pp.79-96 (ABDC Rating: C) http://rebs.feaa.uaic.ro/articles/pdfs/257.pdf  
  • Alina TARAN, R. M. Ammar ZAHID, Marilena MIRONIUC (2017) Foreign ownership and financial disclosure in Central and Eastern Europe. Timisoara Journal of Economics and Business, Volume 10, Issue 2, pp. 149-167 (EI) http://archive.sciendo.com/TJEB/tjeb.2017.10.issue-2/tjeb-2017-0010/tjeb-2017-0010.pdf  

  • Awarded research grant from the 2022 Scientific Research Fund of Yunnan Province education department (2022J1245). 
  • Awarded research grant for doctoral studies from Higher Education Commission of Pakistan (2012) 
  • Awarded Travel Grant from CIMA-IAAER to present research proposal at the Early Career Researchers Workshop, Poland (2017).  
  • Awarded Travel Grant from ACCA-IAAER to present research paper at the Paper Development Workshop, Romania (2018). 
  • Awarded Travel Grant from iGOR and De Nederlandsche Bank to present a research paper at the 6th International Emerging Markets Corporate Governance conference and to attend the Summer School (2018). 

I supervised number of undergraduate students in their final research project and following students completed their MS thesis under my supervision at Virtual University of Pakistan.

  • Umais Anwar: A Comparative Analysis of Customer Awareness: Islamic vs. Conventional Banking Products in Pakistan (2019)

  • Safia Rafique: The impact of women’s Financial Literacy on Financial Inclusion in Pakistan (2021)

Assistant Accountant  

May 2006 - July 2007  

Husnain Spinning Mills (pvt) limited, Faisalabad, Pakistan. 

June, 2024 – till now 

The Business School, RMIT University, Ho Chi Minh, Viet Nam. 

Lecturer Accounting 

Sep, 2023 – June, 2024 

Ulster-DUFE program, International Business College,  

Dongbei University of Finance and Economics, Dalian, China. 

Lecturer Accounting and Finance 

July 2023-June 2024 

Department of Business Administration, Galatasaray University Istanbul, Turkey 

Visiting Researcher 

Oct, 2021 – Aug, 203 

School of Accounting, Yunnan Technology and Business University, China. 

Lecturer Accounting 

Oct, 2019 - Oct, 2021 

Department of Economics and Finance, Xi’an Jiaotong University, China 

Post-Doctoral researcher  

Aug, 2018 - Oct, 2019 

Department of Management Science, Virtual University of Pakistan. 

Assistant Professor (Promoted)