Dr. Maheen Muhammad Sali

Degree Information

• Master of Science in Accountancy (STEM Analytics), Simon Business School, University of Rochester, Rochester, NY,  May 2026
• Ph.D. in Commerce/Bus Adm (Accounting & Finance), School of Business Management & Legal Studies, University of Kerala, April 2023
• Master of Commerce (Finance), University of Kerala, Nov 2013
• Bachelor of Commerce (Accounting & Taxation), University of Kerala   2011 
• Professional Competency Certificate, Institute of Chartered Accountants of India (ICAI), Nov 2011

Courses Taught

• ACC200 Financial Accounting
• ACC204 Managerial Accounting
• ACC101 Principles of Accounting I
• ACC102 Principles of Accounting II

Primary area of expertise. 

• Accounting Analytics
• Accounting Information System
• Capital Markets
• Asset Pricing

Honors and Awards:

• TKM Research Excellence Award for 2024 -25 (Faculty Category)
• Merit Scholarship from Simon Business School, University of Rochester 2025
• Chartered Accountancy Foundation level exam- All India Seventh Rank
• Chartered Accountancy- rank Scholarship from ICAI, New Delhi (National level 7th rank)

Publications and Presentations

Manuscripts Under Active Journal Review

• Maheen, “AI Adoption and the Safe Accounting Automation Ceiling: Managing Organizational Complexity and Capital Budgeting Integrity”, Review of Quantitative Finance and Accounting (submission: 761f09ba-faac-493c-a28b-575ec86a150c, under Review)
• Maheen M & SR Beegam, “State-Dependent Alpha in Emerging Market Equity Mutual Funds: Evidence from Conditional Multifactor Asset Pricing Models”, Asia-Pacific Financial Markets (FEJM-D-26-00062, Revise & Submit)

Refereed Journal

• Maheen M, (2023) “Application of Nonparametric Stochastic Dominance Approach in the Performance Evaluation of Indian Mutual Funds”, Journal of Quantitative Economics, Springer [ABDC-B] 
• Maheen M, (2021) “Impact of COVID-19 on the Performance of Emerging Market Mutual Funds- Evidence from India”, Future Business Journal, - (October 2021) [Web of Science]
• Maheen. M, (2021) “Leverage effect and Capital Market volatility – Evidence from Indian Equity Market”, Indian Journal of Finance and Economics, Vol-2, no:1
• Maheen M, (2022), “Impact of Political-Economic Events on Indian Stock Market”, Indian Journal of Accounting (Published by Indian Accounting Association)

Work in Progress

• Investor Behavior in Response to Left-Tail Risk in Emerging Mutual Fund Markets                          
• Status: in progress for submission to International Review of Finance
• Green Bonds and Investment Efficiency in BRICS Countries: The Roles of Technological Innovation and Corporate Governance (First draft developed)

Working Papers 

• Maheen M, (2021) “The outperformance of Actively Managed Funds, Evidence from India using panel data analysis”, (Chapter contribution), Compendium on Second SEBI-NISM Research Conference, published by Security Exchange Board of India (SEBI) Available at SSRN
• Maheen (2014), Tracking Error Performance – an Empirical Study on Efficiency (October 25, 2014). Presented at XIII Capital Market Conference December 2014, Indian Institute of Capital Market (IICM) Available at SSRN
• Muhammad Sali, Maheen, International Transfer Pricing Strategy-A Critical Evaluation from Indian Perspective (January 13, 2017). Presented at 3rd Annual Conference on International Taxation at Department of Commerce, School of Management, Pondicherry University, India in February 2017

Academic Conferences (Selected Presentations)

• 2027 American Accounting Association (AAA) Accounting Information Systems (AIS) Midyear Meeting, Fort Lauderdale, FL (Submitted / Pending Review)
• 2026 10th Rutgers–ATP India Accounting & Finance Symposium, India (Submitted)
• 2026 World Finance Conference, Ireland Meeting / Shark Tank Event (Paper Selected)
• 2023 57th Annual Conference of the Indian Econometric Society (TIES), University of Hyderabad, India
• 2021 11th RCEA Money-Macro-Finance Conference, University of Milano, Italy
• 2021 Second SEBI-NISM Research Conference, India (Paper Contribution Merit Award)
• 2014 XIII Capital Market Conference, Indian Institute of Capital Market (IICM), Mumbai, India (Paper Selected)

Grants Received:

• UGC Minor Research Project (2016–2018) (Grant Number: 2338-MRP/15-16/KLKE020/UGC-SWRO)
• Principal Investigator for a minor project funded by Government of India, entitled “Tracking Error Performance: A Robust Method for the Active Management of Indian Equity Mutual Funds.” (Report Submitted on Nov, 2018)
• UGC International Travel Grant (2019) (Grant Number: 6-22/2019(TG)) (Govt. of India) to present and chair a session at ECOMOD 2019 at University of Azores, Portugal.

Volunteer Work or Group Affiliations:

• Reviewer (ad hoc) American Accounting Association (AAA) Mid-year Meeting 2027 FAR section, AIS Section
• Ad-hoc Reviewer Finance Research Letters (Elsevier) – 2 reviews
• Ad-hoc Reviewer Financial Innovation (Springer) – 2 reviews
• Ad-hoc Reviewer SN Business & Economics (Springer Nature) – 1 review
• Reviewer (ad hoc) American Accounting Association (AAA) Global Connect Conference 2026 at Las Vegas, Nevada– 3 reviews
• Reviewer (ad hoc) 2026 Meeting of the World Finance Conference - Ireland 

Other Achievements:

• Paper Contribution Merit/cash Award at Second SEBI-NISM Research Conference, India 2021
• Paper Contribution Merit/cash Award XIII Capital Market Conference, Indian Institute of Capital Market (IICM), Mumbai, India 2014
• CFA® Program Professor Scholarship, 2025 (Level 1)
• CMA Scholarship by IMA
• Best Paper Award – UGC-sponsored National Seminar