Professor
Department of Finance

Mohammad Najand

757-683-3509

2125 CONSTANT HALL
NORFOLK, 23529

Dr. Mohammad Najand joined the department of Finance in 1987. He teaches the junior/senior course in investments and Ph.D. seminars in Finance. His research investigates volatility of spot and futures markets, how the macroeconomic factors affect financial markets, and the linkages among international capital markets. He has numerous publications in finance area journals.

Professor Najand received his Ph.D. in Finance and M.A. in Economics from Syracuse University in 1988 and 1981, respectively. He is a member of Ïã¸ÛÁùºÏ²Ê×ÊÁÏ’s Forecasting Team that provides forecasting economic activities for Hampton Roads area.

Ph.D. in Finance, Syracuse University, (1988)

M.A. in Economics, Syracuse University, (1981)

B.A. in Economics, College of Economics Tehran University, (1979)

Contracts, Grants and Sponsored Research

Zhu, H., Shen, Y., Najand, M. S., Xu, L. D. and Ren, Z. "Improving Programming and Financial Literacy Education Using Student-Developed Games" $197,746. Federal. 2011 - 2014
Yochum, G. R., Najand, M. S. and Agarwal, V. "Forecasting Economic Activity in Hampton Roads. Ïã¸ÛÁùºÏ²Ê×ÊÁÏ. January 2006 -

Expertise

Finance
Financial Markets and Investments

Research Interests

Forecasting Financial Markets Volatility, Investments and Portfolio Management

Articles

Shen, J., Najand, M. and Sun, L. (2021). Predicting Stock and Bond Market Returns with Emotions: Evidence from Futures Markets. 21 (1) , pp. 42-56.
Griffith, J. M., Najand, M. S. and Shen, J. (2020). Emotions in the stock market. Journal of Behavioral Finance 21 (1) , pp. 42-56.
Najand (2018). Does the Market Believe White Knights and Hostile Bidders are acting in Their Shareholders’ Interest?. ? Journal of Accounting and Finance, 18 (8) , pp. 32-45.
Shen, J., Najand, M. S., Dong, F. and He, W. (2017). News and Social Media Emotions in the Commodity Market. Review of Behavioral Finance.
Sun, L., Najand, M. and Meng, L. (2017). The role of U.S. market on international risk-return tradeoff relation. The Financial Review 52 (3) , pp. 499-526.
Sun, L., Najand, M. S. and Shen, J. (2016). Stock return predictability and investor sentiment: A high-frequency perspective. Journal of Banking & Finance 73 , pp. 147-164.
Caliskan, M. (2016). Stock market returns and the price of gold. Journal of Asset Management 17 (1) , pp. 10-21.
Streeter, D., Najand, M. S., Dondeti, V. Reddy. and Benton, J. E.. (2015). A Study of the Lead-Lag Relationship between Price Change and Trading Volume in Futures Markets using High-Frequency Data. Int. J. of Bonds and Derivatives (IJBD) 1 (4) , pp. 284-301.
Sun, L. Stock Return Predictability and Investor Sentiment: A High-Frequency Perspective. Journal of Banking and Finance 73 (2016) , pp. 147-164.
Najand, M. S. (2013). Pre-Operating Performances and IPOs after Market Return. International Journal of Business, Accounting, and Finance 8 (1).
Alsubaie, A. and Najand, M. S. (2012). ABNORMAL TRADING VOLUME AND AUTOREGRESSIVE BEHAVIOR IN WEEKLY STOCK RETURNS IN THE SAUDI STOCK MARKET. Emerging Markets Review 10 , pp. 207-225.
Griffith, J. M. and Najand, M. S. (2012). REIT Executive Compensation, Performance, and Management Power: Evidence from Panel Data. Journal of Real Estate Research 34 (2) , pp. 209-232.
Griffith, J. M., Najand, M. S. and Weeks, S. (2011). What Influence the Changes in REIT CEO Compensation?: Evidence from Panel Data. Journal of Real Estate Research 33 (2) , pp. 209-232.
Najand, M. S., Trybus, E., Cheung, M., Doolittle, W., Cartwright, A., Fenwick, W., Ferguson, I., Seong, T. and Nause, J. (2010). Hybrid III-nitride/ZnO Light Emitting Diodes. Applied Physics Express 3 , pp. 022101.
Najand, M. S. and Alsubaie , A. (2009). Abnormal Trading Volume And Autoprogressive Behavior in Weekly Stock Returns in the Saudi Stock Market. Emerging Markets Review 10 , pp. 210-225.
Najand, M. S. and Alsubaie , A. (2009). Trading Volume, Time-varying Conditional Volatility, and Asymmetric Volatility Spillover in the Saudi Stock Market. Journal of Multinational Financial Management 19 (2 ) , pp. 139-159.
Alkulaib, Y. A.., Najand, M. S. and Mashayekh, A. (2009). Dynamic Linkages Among Equity Markets in the Middle East and North African Countries. Journal of Multinational Financial Management 19 (1) , pp. 45-33.
Najand, M. S., Alkulaib, Y. A. . and Mashayekh , A. (2009). Dynamic Linkages Among Equity Markets in the Middle East and North African Countries. Journal of Multinational Financial Management 19 (1) , pp. 43-53.
Najand, M. S. and Mosebach, M. (2008). Does the Flow of Funds Help to Predict the S&P Index. Review of Quantitative Finance and Accounting 3.
Najand, M. S., Griffith, J. M. and Marlett, D. (2007). Do Life Insurance Stocks Provide Superior Returns?. Journal of Asset Management 8 (1) , pp. 52-57.
Najand, M. S. (2007). The Conditional CAPM and Time Arying Risk Premium for Equity REITs. Journal of Real Estate Portfolio Management 12 (2) , pp. 167-175.
Najand, M. S. and Yung, K. (1997). Price Dynamics among Exchange Rates, Stock Index, and Treasury Bonds in Futures Markets. Advances in Investment Analysis and Portfolio Management 4 , pp. 65-76.
Najand, M. S. and Yung, K. (1994). Conditional Heteroskedasticity and the Weekend Effect in S&P 500 Index Futures. Journal of Business Finanec and Accounting 21 , pp. 603-612.
Lin, Yung, K. and Najand, M. S. (1994). Curreny Futures Hedging: GARCH vs OLS. Journal of Multinational Financial Management 4 , pp. 45-67.
Najand, M. S. and Yung, K. (1993). Weekly Pattern in Treasury Bond Futures and Garch Effects. Review of Futures Markets 12.
Najand, M. S., Yung, K. and Rahman (1992). Inter-Currency Transmission of Volatility in Foreign Exchange Futures. Journal of Futures Markets 12 , pp. 609-620.
Najand, M. S. and Yung, K. (1991). A GARCH Examination of the Relationship between Volume and Price Variability in Futures Markets. Journal of Futures Markets 11 , pp. 613-621.

Presentations

(May , 2013). National Banking Sector Linkages: Did the Global Meltdown or Weaken the Linkage? Paper International Atlantic Conference Istanbu, Turkey.
(April , 2012). A Study of the Lead-Lag Relationship between Price Change and Trading Volume in Futures Markets using High-Frequency Data, Paper Asian-Pacific Business Research Kuala Lumpur.
Najand, M. S. ( 2009). Did Survey-based Sentiment Measures Predict the 1990s US Stock market Bubble Eastern Finance Association Meeting .
Najand, M. S. and Alkuliab , Y. A. . (April , 2007). Dynamic Linkages among Equity Markets in GCC Eastern Finance Association .
Najand, M. S. and Elhossiney , M. ( 2006). The Effects of Local and Global Risk Factors on the Industry Stock Returns: An Empirical Study on the U.S. Stock Market Academy of Economics and Finance Annual Meeting Houston, TX.
Najand, M. S. and Elhossiney , M. ( 2006). The Effects of Local and Global Risk Factors on the Industry Stock Returns: An Empirical Study on the U.S. Stock Market Academy of Economics and Finance Annual Meeting Houston, TX.
Najand, M. S., Yung, K. and Fan, Y. ( 2006). Valuation Uncertainty, Overreaction, and IPO Undrerpricing Financial Management Association Annual Meeting .
Najand, M. S., Yung, K. and Fan, Y. ( 2006). Valuation Uncertainty, Overreaction, and IPO Undrerpricing, Financial Management Association Annual Meeting .
Najand, M. S. and Xu, T. ( 2005). Intra-Industry Effects of Earnings Restatement Eastern Finance Association Norfolk, VA.
Najand, M. S. ( 2005). Intra-Industry Effects of Earnings Restatement Eastern Finance Association 2005 Norfolk, VA.
Najand, M. S. ( 2004). Risk and Return Performance of REITs Southern Finance Association 2004 Annual Meetin Florida.
  • 2019: Outstanding Ph.D. Mentor Award, Strome College of Business
  • 2017: University Professor, Ïã¸ÛÁùºÏ²Ê×ÊÁÏ
  • 2015: 2015 University Doctoral Mentoring Award, Ïã¸ÛÁùºÏ²Ê×ÊÁÏ
  • 2012: Alan Rufus Tonelson Distinguished Faculty Award , OLd Dominion University
  • 2012: CBPA Outstanding Faculty Teaching Award , CBPA
  • 2010: CBPA Outstanding Ph.D. Mentoring Award, CBPA
  • 2010: Most Inspiring Faculty, College of Business and Public Administration
  • 2007: Most Inspiring Faculty, College of Business and Pulic Administration
  • 2006: Faculty Service Award, College of Busienss and Public Administration
  • 2000: Outstanding Faculty Research Award, College of Business and Public Adminsitration
  • 1997: Distingushied Faculty Award, Center for Global Business and Executive Education
  • 1991: Outstanding Research Faculty, College of Business and Public Administration

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