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Dr. Nacasius U. Ujah is an Associate Professor of Corporate Finance in the Ness School of Management and Economics at South Dakota State University, a position he has held since 2016. He previously served as an Assistant Professor of Finance at the University of Nebraska at Kearney from 2014 to 2016 and as a Visiting Assistant Professor of Finance at Henderson State University from 2013 to 2014. Dr. Ujah earned his Ph.D. in international business and finance from Texas A&M International University in 2013, an M.B.A. in international business from the University of Central Arkansas in 2006, and a B.B.A. in economics with an emphasis in international trade from the University of Central Arkansas in 2003. Prior to his academic career, he gained practical experience working at Arvest Bank, with the Economic Community of West African States (ECOWAS), and on consulting projects focused on economic development and loan valuations.
Dr. Ujah's research focuses on corporate bankruptcy risk, dividend policy, capital structure and cost of capital, executive compensation, earnings management, corporate governance and corporate social responsibility, financial statement analysis and security valuation, banking, capital markets, emerging markets, and international finance. His publications appear in journals such as the Journal of International Money and Finance, International Journal of Managerial Finance, Journal of Business and Economics, and Managerial Finance. Key publications include "Terrorism and its Impact on the Cost of Debt" (Journal of International Money and Finance, 2016), "Executive Compensation and Corporate Social Responsibility: Does a Golden Parachute Matter?" (International Journal of Managerial Finance, 2020), "Inflation, Interest Rate, and Firm Efficiency: The Impact of Policy Uncertainty" (Journal of International Money and Finance, 2023), and "Earnings Management, Financial Leverage, and Cash Flow Volatility: An Analysis by Industry" (Journal of Business and Economics, 2014). With over 598 citations on Google Scholar, his contributions have impacted the fields of corporate finance and international business. Awards include the DME Research and Scholarship Incentive program for High-Impact Research, John Becker Faculty Research Incentive Fund for High-Impact Research, graduate scholarship at Texas A&M International University, and travel funds from the Southwestern Finance Association and KPMG Finance Doctoral Student Association. He teaches financial management, business finance, business and financial decision-making in a global economy, working capital management, and behavioral finance, and advises the African Students' Association.
