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Shofiqur Rahman

Shofiqur Rahman

Department: Finance

Title: Associate Professor

Expertise:
Contact:
(575) 646-1576
BC 317
View CV

Bio

Shofiqur Rahman received his Ph.D. (finance concentration) from the University of Texas at El Paso in 2014. Prior to that, he completed his MBA at Ball State University in 2010. His teaching interests include financial analysis and markets, corporate finance, investments, derivatives, and personal finance. Shofi has published in the Journal of Corporate Finance, Journal of Banking & Finance, Financial Management, and Journal of Financial Research. His current research interests are in corporate finance, capital markets, and investments.

Education

Ph.D., (Finance concentration) , University of Texas El Paso, 2014

M.B.A., Finance, Ball State University, 2010

M.B.A, Finance & Banking, Jahangirnagar University, 2005

B.B.A, Finance & Banking, Jahangirnagar University, 2003

Scholarly and Creative Activity

Research interests: Corporate Finance, Capital Markets, and Investments

Publications

  • “Does labor unemployment insurance affect corporate tax aggressiveness?”, with Erik Devos, International Review of Financial Analysis, September 2023, 102917.
  • “Do tournament incentives affect corporate dividend policy?”, with Hasibul Chowdhury, Journal of Banking & Finance, Volume 152, July 2023, 106877.
  • “Tournament-based incentives and the lease-versus-buy decision”, with Hasibul Chowdhury, Journal of Banking & Finance, Volume 148, March 2023, 106730.
  • “IRS Private Letter Rulings: Initial Evidence on Determinants and Consequences”, with Elizabeth Devos, Erik Devos, David B Farber, and He Li, Journal of Financial Research, Volume 46(3), Fall 2023, pp. 849-873.
  • “Labor unemployment risk and firm risk”, with Erik Devos, European Financial Management, Forthcoming
  • “Leverage Deviation from the Target Debt Ratio and Leasing”, with Hasibul Chowdhury and Harikumar Sankaran, Accounting & Finance, Volume 61(2), June 2021, pp.3481-3515.
  • “Credit supply and capital structure adjustments”, Financial Management, Volume 49(4), Winter 2020, pp.949-972.
  • “Labor Unemployment Insurance and Firm Cash Holdings”, with Erik Devos, Journal of Corporate Finance, Volume 49, April 2018, pp.15-31.
  • “Debt Covenants and the Speed of Capital Structure Adjustment”, with Erik Devos and Desmond Tsang, Journal of Corporate Finance, Volume 45, August 2017, pp.1-18.
  • “The Role of Debt Covenants in Investment Grade Bond Market – The REIT Experiment”, with Yongheng Deng, Erik Devos, and Desmond Tsang, Journal of Real Estate Finance and Economics, Volume 52(4), 2016, pp.428-448.
  • “Location and Lease Intensity”, with Erik Devos, Journal of Corporate Finance, Volume 29, December 2014, pp.20-36.

 

Awards and Honors

Wells Fargo Endowed Professorship, NMSU, 2021– 2024

Junior Faculty Research Award, NMSU, 2019

Aareal Award of Excellence in Real Estate Research, EBS University, 2015

George A. Krutilek Memorial Graduate Fellowship, UTEP, 2013 – 2014

Doctoral Students Travel Grant, SWFA meetings, 2013

CFA Institute Access Scholarship, 2013

Graduate School Travel Grant, UTEP, 2012

Cotton Memorial Scholarship, UTEP, 2012 – 2013

Cotton Memorial Scholarship, UTEP, 2011 – 2012

Graduate Research Assistantship, UTEP, 2010 – 2014

CFA Institute Student Scholarship, 2010

SAS Institute Student Scholarship, 2009

Travel Grant from Sweden-Bangladesh Trust fund, 2009

Graduate Assistantship, Ball State University, 2008 – 2010

Courses

Investment Analysis/Concepts (NMSU), 2019 – present

Investments (NMSU), 2016 – present

MBA Financial Management (NMSU), 2016 – 2017

Derivative Markets and Securities (NMSU), 2015

Financial Analysis and Markets (NMSU), 2014 – 2018

Personal Financial Planning for Professionals (NMSU), 2014 – 2016