Dr. Bolaji Tunde Matemilola

Senior Lecturer
Universiti Putra Malaysia, Malaysia


Highest Degree
Ph.D. in Economics from Universiti Putra Malaysia, Malaysia

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Biography

Dr. Bolaji Tunde Matemilola is currently working as Postdoctoral Fellow at Universiti Putra Malaysia, Malaysia. He has completed his Ph.D. in Economics same University. He is professional member of American Finance Association, and Asian Academy of Management. He is also serving as Investment Analyst Journal and Studies in Economics and Finance. Previously he was appointed as Managerial Finance and Corporate Finance Lecturer at University of Malaya. He has published 16 research articles in journals contributed as author/co-author. Dr. Bolaji received honors includes Award for International Graduate Research Fellowship, Universiti Putra Malaysia, Best Paper Award for Financial Innovation & Transformation in the 21st Century at the Malaysian Finance Association Conference, and Most Industrious Student in Year 4 Finance, University of Lagos.

Area of Interest:

Economics
Financial Economics
Corporate Finance
Asset Pricing
Bank Performance

Selected Publications

  1. Yahaya, A., F. Mahat and B.T. Matemilola, 2020. Risk governance and bank performance in sub saharan Africa: dynamic panel evidence. Int. J. Monetary Econ. Finance, 10.1504/ijmef.2020.109990.
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  2. Badayi, S.A., B.T. Matemilola, B.A. N and L.W. Theng, 2020. Does corporate social responsibility influence firm probability of default? Int. J. Finance Econ., 10.1002/ijfe.1966.
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  3. Asghar, A., S. Sajjad, A. Shahzad and B.T. Matemilola, 2020. Role of discretionary earning management in corporate governance-value and corporate governance-risk relationships. Corporate Governance: Int. J. Bus. Soc., 20: 561-581.
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  4. Sitanggang, R.P., Y. Karbhari, B.T. Matemilola and M. Ariff, 2019. Audit quality and real earnings management: evidence from the UK manufacturing sector. Int. J. Managerial Finance 16: 165-181.
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  5. Matemilola, B.T., A.N. Bany-Ariffin, W.N.W. Azman-Saini, Annuar Md Nassir, 2019. Impact of institutional quality on the capital structure of firms in developing countries. Emerg. Markets Rev., 39: 175-209.
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  6. Kalgo, S.H., Bany-Ariffin A.N., Hairul Suhaimi Bin Nahar, Bolaji Tunde Matemilola, 2019. Does Leverage Constrain Real and AEM Around IPO Corporate Event? Evidence from the Emerging Market. Global Business Review 20: 354-367.
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  7. Huay, C.S., J. Winterton, Y. Bani and B.T. Matemilola, 2019. Do remittances promote human development? Empirical evidence from developing countries. Int. J. Soc. Econ., 46: 1173-1185.
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  8. Chong, O., A.N. Bany-Ariffin, Bolaji Tunde Matemilola, C.B. McGowan, 2019. Can China’s cross-sectional dispersion of stock returns influence the herding behaviour of traders in other local markets and China’s trading partners? J. Int. Financial Markets, Institutions and Money 10.1016/j.intfin.2019.101168 http://dx.doi.org/10.1016/j.intfin.2019.101168.
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  9. Matemilola, B.T., A.N. Bany-Ariffin, W.N.W. Azman-Saini, Annuar Md Nassir, 2018. Does top managers’ experience affect firms’ capital structure? Res. Int. Bus. Fin., 45: 488-498.
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  10. Matemilola, B.T., A.N. Bany-Ariffin, A.M. Nassir and W.N.W. Azman-Saini, 2017. Moderating effects of firm age on the relationship between debt and stock returns. J. Asia-Pacific Bus., 18: 81-96.
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  11. Matemilola, B.T., A.N. Bany-Ariff, W.N.W. Azman-Sain and A.M. Nassir, 2016. Non-linearity in Debt and Return Relationship: Evidence from Dynamic Panel Threshold Method. J. Appl. Sci., 16: 438-444.
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  12. Bany-Ariffin, A.N., B.T. Matemilola, L. Wahid and S. Abdullah, 2016. International diversification and firm’s value: evidence from developing nations. Rev. Int. Bus. Strategy, 26: 166-183.
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  13. Ahmad, R., O.F. Etudaiye-Muhtar, B.T. Matemilola and A.N. Bany-Ariffin, 2016. Financial market development, global financial crisis and economic growth: Evidence from developing nations. Portuguese Econ. J., 15: 199-214.
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  14. Matemilola, B.T., B.A.A. Noordin, W.A.S.W. Ngah and A.M. Nassir, 2015. Unobservable effects and speed of adjustment to target capital structure. Int. J. Bus. Soc., 16: 470-479.

  15. Matemilola, B.T. and R. Ahmad, 2015. Debt financing and importance of fixed assets and goodwill assets as collateral: Dynamic panel evidence. J. Bus. Econ. Manage., 16: 407-421.
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  16. Matemilola, B.T, A.N. Bany-Ariffin and W.N.N. Azman-Saini, 2015. Impact of monetary policy on bank lending rate in Malaysia. In: Selected Studies in Accounting and Finance. Turmin, S.Z., M.N.H. Osman and M.H.D.H. Yahya (Ed.). University Putra Malaysia, Malaysia., pp: 117-130..

  17. Noordin, A., B. Ariffin, C.B. McGowan, M.B. Tunde and A.S. Shahnaz, 2014. Top management characteristics and firm’s international diversification activities: evidence from a developing nation. Pertanika J. Social Sci. Hum., 22: 39-54.
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  18. Matemilola, B.T., M. Karimib, A.N. Bany-Ariffin and C.B. McGowand, 2014. Non-linear effect of debt on firm value: dynamic panel threshold evidence. Global J. Finance Econ., 11: 39-48.
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  19. Matemilola, B.T., A.N. Bany-Ariffin and M.N. Annuar, 2014. Relationship between debt and cash flow in pecking order theory of corporate financing. Empir. Econ. Lett., 36: 618-623.

  20. Matemilola, B.T., A.N. Bany-Ariffin and F.E. Muhtar, 2014. The impact of monetary policy on bank lending rate in South Africa. Borsa Istanbul Rev., 15: 53-59.
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  21. Matemilola, B.T, A.N. Bany-Ariffin and W.N.N. Azman-Saini, 2014. Interest rate pass-through from money market rate to bank lending rate in emerging markets. In: Readings in Finance. Turmin, S.Z., M.N.H. Osman and M.H.D.H. Yahya (Ed.). University Putra Malaysia, Malaysia., pp: 159-171..

  22. Karimi, M., R.K. Shivee and B.T. Matemilola, 2014. World oil price and food prices in US: Evidence from the threshold cointegration models. Empir. Econ. Lett., 13: 1130-1136.

  23. Bany Ariffin, A.N, Carl B. McGowan, Matemilola B.T and Abd.Salam Shahnaz, 2014. Top management characteristics and firm's internationaldiversification activities: Evidence from a developing nation. Pertanika J. Soc. Sci. Human., 22: 1-18.

  24. Matemilola, B.T., A.N. Bany-Ariffin and W.N.W. Azman-Saini, 2013. Impact of leverage and managerial skills on shareholders' return. Proc. Econ. Finance, 7: 103-115.
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  25. Matemilola, B.T., A.N. Bany-Ariffin and W.N.W. Azman-Saini, 2013. Does Managerial Ability Affect Capital Structure? Test of Unobservable Effects. In: Risk & Returns of Stocks, Bonds & Currencies for Malaysian and International Markets. Cheng F.F. and Malek M. (Eds.). McGraw- Hill Education (Malaysia) Sdn Bhd, Shah Alam, Selangor, pp 42-56.

  26. Matemilola, B.T., A.N. Bany-Ariffin and C.B. McGowan, 2013. Unobservable effects and firm's capital structure determinants. Managerial Finance, 39: 1124-1137.
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  27. Matemilola, B., A. Noordin, B. Ariffin, W. Ngah and W.A. Saini, 2013. Financial Constraints, Firms' Investment and Debt Financing Effect in A Developing Nation. In: Readings in Finance. Turmin, S.Z., M.N.H. Osman and M.H.D.H. Yahya (Ed.). Universiti Putra Malaysia Press, Malaysia., ISBN: 9789673443727, pp: 49-60..

  28. Ahmad, R. and B.T. Matemilola, 2013. Determinants of Bank Profits and Net Interest Margins. In: Emerging Markets and Financial Resilience. Hooy, C.W., R. Ali and S.G. Rhee (Ed.). Palgrave Macmillan UK, UK., pp: 228-248..
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  29. Matemilola, B.T., A.N. Bany-Ariffin and W.N.W. Azman-Saini, 2012. Financial leverage and shareholder's required returns: Evidence from South Africa corporate sector. Transition Stud. Rev., 18: 601-612.
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  30. Matemilola, B.T., A.N. Bany-Ariffin and C.B. McGowan, 2012. Trade off theory against pecking order theory of capital structure in a nested model: Panel GMM evidencefrom south Africa. Global J. Finance Econ., 9: 133-147.

  31. Matemilola, B.T., A.N. Bany-Ariffin and W.N.W.A. Saini, 2011. Trade-off theory of optimal capital structure and adjustment to long-run target: Evidence from dynamic panel data. Capital Market Rev., 19: 1-15.

  32. Matemilola, B.T. and A.N. Bany-Ariffin, 2011. Pecking order theory of capital structure: Empirical evidence from dynamic panel data. GSTF Bus. Review, 1: 185-189.