Role: Lecturer and Researcher, School of Bisiness Studies.
Qualifications: Bachelor of Accountancy (CBU), MBA Finance (CBU), PhD Accounting & Finance (CBU), ZICA Member
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Specialization/Research: Finance
Teaching:
-Principles of Accounting I (BAC211)
-Principles of Accounting II (BAC212)
-Financial Accounting &Reporting (BAC361/BAF311)
-Advanced Financial Accounting & Reporting (BAF431/BAC412) and Auditing (BAC421)
Selected Publications
1. Musawa, N. (2014), “The Relationship between Zamabias Exachange and the Trade Balance –J Curve Hypothesis”.International Journal of Finance and Accounting 2014 Vol 3(3)
2. Musawa,N.and Mwaanga,C. (2017), “The Impact of Commodity Prices,Interest Rate and Exchange rate on the Stock Market performance:Evidence from Zambia.”Journal of Financial Risk Management,2017,6,300,313
3. Musawa, N. and Mwaanga,C.(2017), “The Impact of Pension Funds Investment on the Capital Market-The Case of Lusaka Securities Exchange.”American Journal of Industrial and Business Management,2017,7,1120-1127.
4. Musawa, N., Mwaanga,C. and Chilando,M.(2017), “The Impact of Institutional Factors on the SMEs desire to list on the Securities Exchange.” Scholars Journal of Economics,Business and Management Sch J Econ Bus Manag,2017;4(9):618-625
5. Musawa, N., Mwaanga,C. and Chilando,M.(2017), “Determing the Factors that Prevent Small and Medium Enterprises from Listing on the Securities Exchange in Zambia.” International Journal of Social Sciences Arts and Humanities Vol.5 No.1.2017 Pp.28-33
6. Musawa, N. and Mwaanga,C.(2017),”The Relationship between Interest Rates and Stock Market Index in Zambia –A Cointegrtion Analysis.” International Journal of Finance and Accounting Vol.6,No.5
7. Musawa, N. and Mwaanga,C.(2017),”The Effect of Commodity Prices on the Stock Market Performance in Zambia.” American Journal of economics Vol.7,No.5
8.Mwaanga, C. Njebele, N(2017), The Long Run and Short Run Relationship between Exchange Rate and Stock Market Prices. Journal of Financial Risk Management,2017,6,
9.Musawa, N., Kapena, S., & Shikaputo, C. (2018). “A Test Of The Fama-French Five Factor Model In Comparison To The Capital Asset Pricing Model At The Lusaka Securities Exchange”. International Journal of Finance and Accounting, 3(1), 35-47.
10 Musawa, N., Kapena, S., & Shikaputo, C. (2018).” A Comparative Analysis Of Fama-French Five And Three-Factor Model In Explaining Stock Returns Variation”. International Journal of Economics, 3(1), 30-48.
11 Musawa, N., Kapena, S., & Shikaputo, C. (2020).” A better stock pricing model: A systematic literature review”. Journal of Economic and Financial Sciences, 13(1), 1-6.
12.Musawa, N., Clement, M. and Muchochoma, D., 2021. Effects of Monetary Policy Changes on Loan Supply to Various Economic Sectors in Zambia. MULUNGUSHI UNIVERSITY MULTIDISCIPLINARY JOURNAL, 2(1).
CONFERENCES AND WORKSHOPS ATTENDED
1. Attended and presented a paper entitled “Analysis of factors that influence stock return application of the Fama –French five factor Model : A case of Lusaka stock exchange” during the MU Banking and finance series Conference held In December 2015 at Mulungushi University
2. Attended and presented a paper entitled “An Empricle Investigation of the Fama-French nalysis five factor Model In Explaining Stock Return Variation at the Lusaka Securities exchange” at the 2017 International Multi-Disciplinary Conference held from 23rd to 25th August 2017 at Radisson Blu Hotel in Lusakathe MU Banking and finance series
3. “The Impact of Commodity Prices,Interest Rate and Exchange rate on the Stock Market performance:Evidence from Zambia.” at the 2017 International Multi-Disciplinary Conference held from 23rd to 25th August 2017 at Radisson Blu Hotel in Lusakathe MU Banking and finance series
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