MUSHTAQ Rizwan

• Status: Associate Professor in Finance & Data Science, Head of Data Science & Business Intelligence Specialisation for MiM Programme
• Department : Finance, Economics & Law
• Responsability : Head of Msc Data Science & Business Analytics
• Degrees & specializations : MS in Banking & Finance, PhD in Financial Economics
• Field of research : CSR disclosure, Firm Innovation & access to finance, Board composition, AI & ML in finance
• Courses taught : Financial Risk Managment;Portfolio Managment; Financial Markets; Corporate Finance; Data Analytics Tools

Biography:

Rizwan Mushtaq is Associate Professor of Finance and Data Science at EDC Paris Business School. He obtained his PhD in Economics and Finance from the University of Paris I: Panthéon-Sorbonne. His research interests include corporate social responsibility, sustainable finance and governance, financial inclusion and AI applications in finance and economics. Mr. Mushtaq has published widely in leading international journals, including Journal of Business Ethics, Journal of Business Research, International Journal of Finance & Economics, Review of Quantitative Finance & Accounting and Applied Economics.

• Selected publications: 

Gull, A. A., Abid, A., Nguyen, D. K., Usman, M., & Mushtaq, R. (2025). Stock price crash and information environment: Do CEO gender and financial expertise matter? Review of Quantitative Finance and Accounting, 65(1), 219-255.

Mushtaq, R., Murtaza, G., Yahiaoui, D., Vijay, P., & Talpur, Q. A. (2025). Are born global firms environmentally more responsible? Evidence from the East Asia and Pacific region. Asia Pacific Journal of Management, 42(2), 1061-1093.

Sajid, M., Mushtaq, R., Murtaza, G., Yahiaoui, D., & Pereira, V. (2024). Financial literacy, confidence and well-being: The mediating role of financial behavior. Journal of Business Research, 182, 114791.

Yameogo, C. E. W., Mushtaq, R., Zafar, M. W., Zaidi, S. A. H., & Al‐Faryan, M. A. S. (2024). Impact of globalisation, remittances and human capital on environmental quality: Evidence from landlocked African countries. International Journal of Finance & Economics, 29(3), 3469-3486.

Gull, A. A., Mushtaq, R., Nguyen, D. K., & Tran, P. T. (2024). COVID-19 adaptive strategy and SMEs' access to finance. Applied Economics, 56(22), 2615-2628.

Mashwani, A. I., Mushtaq, R., Gull, A. A., & Rind, A. A. (2024). The walking dead: Are Zombie firms environmentally and socially responsible? A global perspective. Journal of Environmental Management, 355, 120499.

Kocaarslan, B., & Mushtaq, R. (2024). The impact of liquidity conditions on the time-varying link between US municipal green bonds and major risky markets during the COVID-19 crisis: A machine learning approach. Energy Policy, 184, 113911.

Gull, A. A., Ahsan, T., Qureshi, M. A., & Mushtaq, R. (2023). Striving to safeguard shareholders or maintain sustainability in periods of high uncertainty: A multi-country evidence. Technological Forecasting and Social Change, 188, 122183.

Gull, A. A., Hussain, N., Khan, S. A., Mushtaq, R., & Orij, R. (2023). The power of the CEO and environmental decoupling. Business Strategy and the Environment.

Shahab, Y., Gull, A. A., Ahsan, T., & Mushtaq, R. (2022). CEO power and corporate social responsibility decoupling. Applied Economics Letters, 29(21), 1965-1969.

Mushtaq, R., Gull, A. A., & Usman, M. (2022). ICT adoption, innovation, and SMEs' access to finance. Telecommunications Policy, 46(3), 102275.

Mushtaq, R., & Bruneau, C. (2019). Microfinance, financial inclusion and ICT: Implications for poverty and inequality. Technology in Society, 59, 101154.

Murtaza, G., Abbas, M., Raja, U., Roques, O., Khalid, A., & Mushtaq, R. (2016). Impact of Islamic work ethics on organizational citizenship behaviors and knowledge-sharing behaviors. Journal of Business Ethics, 133(2), 325-333.