Faculty & Research

Mufaddal Baxamusa

Assistant Professor: Finance Department
 

651-962-5845
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Academic Background
MBA, finance and investment, George Washington University
Ph.D., finance, University of Minnesota

Research Specialties
  • Executive compensation
  • Mergers and acquisitions
  • Behavioral finance 
  • Capital structure
  • Diversification
      

Major Works:

  • Baxamusa, Mufaddal and Dobrina Georgieva, "Two-Step Acquisitions and the Bidders’ Share of Synergy," Journal of Economics and Finance, forthcoming.
  • Baxamusa, Mufaddal and Abu Jala, "Does Religion Affect Capital Structure?" Research in International Business and Finance, forthcoming.
  • Baxamusa, Mufaddal and Abu Jala, "The Effects of Corruption on Capital Structure: When Does It Matter?"  Journal of Developing Areas 48 (2013).
  • "The Relationship between Underinvestment, Overinvestment and CEO's Compensation," Review of Pacific Basin Financial Markets and Policies 15/3 (2012):  1250014-1 - 1250014-26. 
  • "How well do Market Timing, Catering and Classical Theories Explain Corporate Decisions," Journal of Financial Research 34/2 (2011): 217-239.
Conference Presentations
  • “Unrelated Acquisitions.” Paper presented at the American Finance Association conference, San Diego, California, January, 2013.
  • “Unrelated Acquisitions.” Paper presented at the Eastern Finance Association annual meetings, St. Pete’s Beach, Florida, April, 2013.
  • “CEOs Religious Affiliations and Corporate Decisions.” Paper presented at the Financial Management Association Annual Meeting, October, 2012.
  • “CEOs Religious Affiliations and Corporate Decisions”, Eastern Finance Association Annual Meeting, April 2012. 
  • “Over vs. Underinvestment and CEO’s Pay.” Paper presented at the annual meetings of the Financial Management Association, Denver, Colorado, October, 2011.
  • “Why do Firms Issue debt and Equity?” Paper presented at the annual meetings of the Eastern Finance Association, Savannah, Georgia, April, 2011.
  • “Why do Firms Issue debt and Equity?” Paper presented at the annual meetings of the Financial Management Association, New York City, New York, October, 2010.
  • “Does Religion Affect Capital Structure.” Paper presented at the annual meetings of the Financial Management Association, New York City, New York, October, 2010.
  • “Why Did Tender Offers Decline?” Paper presented at the annual meetings of the Eastern Finance Association, Miami, Florida, April, 2010.
  • “Why Did Tender Offers Decline?” Paper presented at the annual meetings of the Midwest Finance Association, Las Vegas, Nevada, February, 2010.
  • “Does Religion Affect Capital Structure." Paper presented at the annual meetings of the Eastern Finance Association, Miami, Florida, April 2010.
     
Significant Scholarly Honors
  • Teaching Award, Spring 2007
  • AFA Travel Grant, January 2007
  • Tony Diggs Award for excellence in programming, Fall 2006
  • Finalist, Juran Fellowship competition 2005
  • Received Graduate School Fellowship during first year of PhD studies in 2003-2004
  • Won the prestigious Bernard J Nees/Washington Mutual Award for excellence in academics in April 2002
  • Member of Beta Gamma Sigma National Honor society, inducted in April 2002
  • Received the National Collegiate Business Award from US Achievement Academy in May 2002
  • Received the Global Leaders Fellowship Award, a full tuition scholarship for the years 2000-2002.
Memberships
  • AFA - American Finance Association, Current, National
  • EFA - Eastern Finance Association, Current, Regional, Reviewer 
  • FMA - Financial Management Association, Current, National, Session Chair 2010-current, Reviewer 2011-current 
  • Midwest Finance Association, Current, Regional
Community Relationships
  • Referee - Financial Review, Journal of Business Finance and Accounting