Samir Saadi
Associate Professor
Telfer Fellow in Behavioural Finance
B.Com. (École supérieure de commerce de Tunis), M.B.A. (uOttawa), Teacher's Certificate (Queen's), Ph.D. (Queen's)
- Location
- DMS 10147
- Telephone
- 613-562-5800 x 7518
- This email address is being protected from spambots. You need JavaScript enabled to view it.
Biography
Samir Saadi holds a Ph.D in Finance from Queen's University. He was a Visiting Scholar at Stern School of Business, New York University and a Visiting Researcher at INSEAD. His current research funded by the Social Sciences and Humanities Research Council of Canada (SSHRC) focus on how social media influences corporate decisions and investors' behaviour. Professor Saadi's work has been published in leading peer-reviewed journals and presented at numerous finance conferences and seminars in North America, Europe and Asia. Dr. Saadi was awarded the 2015 Telfer Young Researcher of the Year Award. In 2016, he received the Up-and-Coming Researcher Award, an award that recognizes young researchers "on a path to research excellence". He was also awarded the 2016 Telfer Award of Excellence which recognizes excellence in the three areas of academia: research, teaching and service. Dr. Saadi continues to serve as a consultant for several companies and government agencies.
Research
His research interests include behavioural finance, mergers and acquisitions, payout policy, corporate governance, and IPOs. Along with several chapters in refereed books, he has published over 40 papers in peer-reviewed journals such us Financial Management, Contemporary Accounting Research, Journal of Corporate Finance, Journal of Banking and Finance, Journal of Financial Research, Journal of Business Ethics, and Journal of Business Finance and Accounting. He is the recipient of best-paper awards and numerous prestigious awards and scholarships from, among others, the Social Sciences and Humanities Research Council of Canada, Queen's University, the Europlace Institute of Finance, and the American Finance Association. In 2015, Dr. Saadi received the 2015 Telfer Young Researcher of the Year Award. He was also the recipient of the 2016 Up-and-Coming Researcher Award and the 2016 Telfer Award of Excellence.
Teaching
Dr. Saadi has taught advanced corporate finance courses at graduate and undergraduate level. He has also taught fundamental finance courses at the Telfer Executive MBA program. Dr. Saadi has previously taught at Queen's University, Royal Military College and University of Ontario Institute of Technology.
Publications during the last 7 years
Books
- Goutte, S., Guesmi, K. and Saadi, S. Cryptofinance and Mechanisms of Exchange: The Making of Virtual Currency. Springer, 2020.
- Goutte, S., Guesmi, K. and Saadi, S. Cryptofinance: A New Currency for A New Economy. 2020.
Chapters in Books
- Baker, K., Purda, L. and Saadi, S. Corporate Fraud: An Introduction. In Baker, S., Purda, L. and Saadi, S.. Corporate Fraud Exposed. 2nd Australasian ed., Milton: Wiley, 2020.
- Goutte, S., Guesmi, K. and Saadi, S. Cryptocurrencies: An Overview. In Cryptofinance and Mechanisms of Exchange: The Making of Virtual Currency. Springer, 2019.
- Adjohani, A., Chourou, L. and Saadi, S. Virtual Currencies as Commodities for Commodities: Markets, Performance, and Strategies. In Baker, K., Filbeck, G. and Harris, J.H.. Commodities: Markets, Performance, and Strategies . 2nd Australasian ed., Milton: Wiley, 2017.
- Hossain, A., Treff, M.W. and Saadi, S. Characteristics of Successful Hedge Funds Managers. In Baker, H.K. and Filbeck, G.. Hedge Funds: Structure, Strategies, and Performance. New York: Oxford University Press, 2016.
- Chourou, L., Hossain, A. and Saadi, S. Governance of Hedge Funds. In Baker, H.K. and Filbeck, G.. Hedge Funds: Structure, Strategies, and Performance. New York: Oxford University Press, 2016.
- John, K. and Saadi, S. Liquidity Risk. In Baker, H.K. and Filbeck, G.. Investment Risk Management. New York: Oxford University Press, 2014.
Papers in Refereed Journals
- Chourou, L., Purda, L. and Saadi, S. 2020. Economic Policy Uncertainty and Analysts’ Forecast Characteristics. Journal of Accounting and Public Policy.
- Chourou, L., Grira, J. and Saadi, S. 2020. Empathy and Corporate Social Responsibility. Emerging Markets Review.
- Amairi, H., Saadi, S. and Zantour, A. 2020. Information dissemination and price discovery. Finance Research Letters.
- Chkir, I., El Haj Hassan, B., Rjiba, H. and Saadi, S. 2020. Does Corporate Social Responsibility Influence Corporate Innovation? International Evidence. Emerging Markets Review.
- Sassi, S., Saadi, S., Boubaker, S. and Chourou, L. 2019. External governance and the cost of equity financing. The Journal of Financial Research, 42(4): 817-865.
- Guesmi, K., Saadi, S., Abid, I. and Ftiti, Z. 2019. Portfolio diversification with virtual currency: Evidence from bitcoin. International Review of Financial Analysis, 63: 431-437.
- Boubaker, S., Chourou, L., Saadi, S. and Zhong, L. 2019. Does Institutional Investor Horizon Influence Corporate Financing Decisions? International Review of Financial Analysis, 63: 382-394.
- Chourou, L., Saadi, S. and Zhu, H. 2019. How Does National Culture Influence IPO Underpricing? Pacific-Basin Finance Journal, 51: 318-341.
- Baker, H.K., Ni, Y., Saadi, S. and Zhu, J. 2019. Competitive Earnings News and Post-earnings Announcement Drift. International Review of Financial Analysis, 63: 331-343.
- Chang, B., Dutta, S., Saadi, S. and Zhu, P. 2018. Corporate Governance and Dividend Payout Policy: Beyond Country-Level Governance. The Journal of Financial Research, 41(4): 445-484.
- Saadi, S., Sahut, J.M., Switzer, L. and Teulon, F. 2018. Ethical Finance and Governance. Journal of Applied Accounting Research, 19(2): 202-205.
- Boubaker, S., Chkir, I.E., Chourou, L. and Saadi, S. 2018. Does Geographic Location Matter to Stock Market Efficiency? Evidence from Variance Ratio Tests. Journal of Forecasting, 38(4): 311-326.
- Boubaker, S., Nguyen, D.K. and Saadi, S. 2017. On the Robustness of Week-day Effect to Error Distributional Assumption: International Evidence. Journal of International Financial Markets, Institutions & Money, 47(C): 114-130.
- Boubaker, S., Chourou, L., Himick, D. and Saadi, S. 2017. It's about Time! The Influence of Institutional Investment Horizon on Corporate Social Responsibility. Thunderbird International Business Review, 59(5): 571-594.
- Dutta, S., Essaddam, N., Kumar, K. and Saadi, S. 2017. How does electronic trading affect efficiency of stock market and conditional volatility? Evidence from Toronto Stock Exchange. Research in International Business and Finance, 39(B): 867-877.
- Baker, H.K., Chkir, I.E., Saadi, S. and Zhong, L. 2017. What drives the high moments of hedge fund returns? Applied Economics, 49(8): 738-755.
- Ding, S., Ni, Y., Rahman, A.H. and Saadi, S. 2015. Housing Price Growth and the Cost of Equity Capital. Journal of Banking & Finance, 61: 283-300.
- Baker, H.K., Filbeck, G., Holzhauer, H., Saadi, S. and Cristian-Ioan Tiu, C.I. 2015. Risk Management: A Panel Discussion. Journal of Applied Finance, 25(1): 46-57.
- Dutta, S., Amin, A., Saadi, S. and Vora, P. 2015. Institutional Shareholding and Information Content of Dividend Surprises: Re-examining the Dynamics in Dividend-Reappearance Era. Journal of Corporate Finance, 31: 152-170.
- Chkir, I.E., Chourou, L., Rahman, A.H. and Saadi, S. 2015. Econometric Fragility of Market Anomalies: Evidence from "Day-of-the-Week Effect" in Currency Markets. Quarterly Journal of Finance and Accounting, 52(3 & 4): 75-118.
- André, P., Ben Amar, W. and Saadi, S. 2014. Family Firms and High Technology Mergers & Acquisitions. Journal of Management and Governance, 18(1): 129-158.
- Baker, H.K., Chang, B., Dutta, S. and Saadi, S. 2013. Canadian Corporate Payout Policy. International Journal of Managerial Finance, 9(3): 164-184.
- Dutta, S., Saadi, S. and Zhu, P. 2013. Does Payment Method matter in Cross-border Acquisitions? International Review of Economics and Finance, 25(2): 91-107.
- Pittman, J., Guedhami, O., Ni, Y., El-Ghoul, S. and Saadi, S. 2013. Does Information Asymmetry Matter to Equity Pricing? Evidence from Firms’ Geographic Location. Contemporary Accounting Research, 30(1): 140-181.
Funded Research during the last 7 years
| From-To | Source | Title | * | ** | Role | Amount |
|---|---|---|---|---|---|---|
| 2020-2023 | SSHRC | The effect of formal and informal institutions on corporate innovation (Co-I) | C | PI | $ 65,884 | |
| 2020-2022 | CPA - Canada Accounting and Governance Research Centre | Determinants and Implications of Cyberattacks on Private Sector (PI) | R | I | PI | $ 5,000 |
| 2020-2022 | CPA - Canada Accounting and Governance Research Centre | Government Ownership and Off-balance-sheet Activities: International Evidence from the Banking Industry (Co-I) | R | I | PI | $ 5,000 |
| 2019-2022 | SSHRC | Macroeconomic Risk in Hegde Funds (with Co-I: R. Théoret & S. Saadi), FE Racicot | R | C | Co-I | $ 70,300 |
| 2019 | CPA - Canada Accounting and Governance Research Centre | Telfer Annual Conference on Accounting and Finance | R | I | PI | $ 10,000 |
| 2019 | Conference/Workshop on Campus Opportunity, UOttawa | Telfer Annual Conference on Accounting and Finance | S | I | PI | $ 3,000 |
| 2019 | SMRF Knowledge Mobilization | Telfer Annual Conference on Accounting and Finance | S | I | PI | $ 6,000 |
| 2018-2019 | CPA - Canada Accounting and Governance Research Centre | Telfer Annual Conference on Accounting and Finance | R | I | Co-I | $ 10,000 |
| 2018-2019 | UOttawa | Visiting Researcher Program | S | I | PI | $ 3,500 |
| 2018-2019 | Conference/Workshop on Campus Opportunity, UOttawa | Telfer Annual Conference on Accounting and Finance | S | I | PI | $ 3,000 |
| 2018-2019 | SMRF Knowledge Mobilization | Telfer Annual Conference on Accounting and Finance | S | I | PI | $ 3,000 |
| 2017-2019 | H.C. Centre for Canadian studies | Finding Growth and Innovation through Mergers, Acquisitions, and Corporate Reorganization | S | F | Co-I | $ 15,000 |
| 2017-2019 | SSHRC | Can Banks Anticipate Corporate Misconduct? | R | C | Co-I | $ 55,635 |
| 2017-2019 | Telfer School of Management Research Grants (SMRG) | Social trust and IPO outcomes | R | I | PI | $ 12,000 |
| 2017-2018 | Fonds France-Canada pour la Recherche (FFCR) | Modelling Bitcoin Volatility | S | O | PI | N/A |
| 2017-2018 | SMRF Knowledge Mobilization | Telfer Annual Conference on Accounting and Finance | S | I | PI | $ 6,000 |
| 2017-2018 | Conference/Workshop on Campus Opportunity, UOttawa | Telfer Annual Conference on Accounting and Finance | S | I | PI | $ 3,000 |
| 2017-2018 | CPA - Canada Accounting and Governance Research Centre | Telfer Annual Conference on Accounting and Finance | S | I | PI | $ 3,000 |
| 2017-2018 | UOttawa | The Undergraduate Research Opportunity Program (UROP) | R | I | PI | $ 500 |
| 2017 | Saudi Arabian Cultural Bureau | Modelling the Volatility of Bitcoin Price Changes | R | F | PI | $ 4,127 |
| 2016-2017 | Conference/Workshop on Campus Opportunity, UOttawa | Telfer Annual Conference on Accounting and Finance | S | I | PI | $ 6,000 |
| 2016-2017 | SMRF Knowledge Mobilization | Telfer Annual Conference on Accounting and Finance | S | I | PI | $ 3,000 |
| 2016-2017 | CPA - Canada Accounting and Governance Research Centre | Information Content of Newswire Articles: Evidence from M&A Activities | R | I | Co-I | $ 5,000 |
| 2016-2017 | CPA Canada | Board Gender Diversity and Innovation | R | F | Co-I | $ 5,000 |
| 2016-2017 | UOttawa | The Undergraduate Research Opportunity Program (UROP) | R | I | PI | $ 1,000 |
| 2016 | CPA Canada | Telfer Annual Conference on Accounting and Finance | S | F | PI | $ 3,000 |
| 2016 | Champagne-Ardenne Region (France) | Support for International Scientific Cooperation -- Visiting Researcher Expertise | S | G | PI | $ 11,700 |
| 2015-2016 | CPA - Canada Accounting and Governance Research Centre | Does Trust Matter to Corporate Payout Policy? | R | I | PI | $ 5,000 |
| 2015-2016 | Telfer School of Management Research Fund (SMRF) | Effect of Target Complexity on M&As Outcomes | R | I | Co-I | $ 6,000 |
| 2015-2016 | Telfer School of Management Research Fund (SMRF) | Does Trust Matter to Corporate Payout Policy? | R | I | PI | $ 6,000 |
| 2015-2016 | UOttawa | The Undergraduate Research Opportunity Program (UROP) | R | I | PI | $ 500 |
| 2015 | SMRF Knowledge Mobilization | Telfer Annual Conference on Accounting and Finance | S | I | PI | $ 3,000 |
| 2015 | SMRF Knowledge Mobilization | Telfer Annual Conference on Accounting and Finance | R | I | PI | $ 3,000 |
| 2015 | CPA - Canada Accounting and Governance Research Centre | Telfer Annual Conference on Accounting and Finance | R | I | PI | $ 1,500 |
| 2015 | UOttawa | Young Researcher of the Year Award | R | I | PI | $ 5,000 |
| 2015 | SSHRC 4A (Approved but not yet funded) | Social Media, Investor Sentiment, and M&A | R | C | Co-I | N/A |
| 2014-2016 | Telfer-Sprott Research Fund | Does Value Based Management Performance Affect CEO Turnover and Compensation? | R | I | PI | $ 10,000 |
| 2014-2016 | SSHRC | Social Media, Investor Sentiment and Initial Public Offerings | R | C | PI | $ 74,718 |
| 2014-2015 | Telfer School of Management Research Fund (SMRF) | Impact of Media Coverage on Firms Risk-Taking Behaviour and Stock Return Volatility | R | I | PI | $ 6,000 |
| 2014-2015 | RDP | Impact of Media Coverage on Firms Risk-Taking Behaviour and Stock Return Volatility | R | I | PI | $ 6,000 |
| 2014-2015 | SSHRC | Corporate Governance and Cash Holding: International Evidence | R | C | Co-I | $ 24,077 |
| 2014-2015 | Telfer School of Management Research Fund (SMRF) | What Do Newswire Articles Tell Us About M&A | R | I | Co-PI | $ 6,000 |
| 2014 | SSHRC 4A (Approved but not yet funded) | Media Coverage and Corporate Decisions | R | C | Co-I | N/A |
| 2014 | SSHRC 4A (Approved but not yet funded) | Impact of Media Coverage on Mergers and Acquisitions | R | C | Co-I | N/A |
| 2013-2015 | Telfer School of Management Research Fund (SMRF Leverage) | Innovation et Connexion Politique des Entreprises | R | I | Co-I | $ 6,000 |
| 2013-2015 | Telfer School of Management (start-up fund) | Research start up fund | R | I | PI | $ 20,000 |
| 2013-2014 | Telfer School of Management Research Fund (SMRF Leverage) | Does Geographical Location Matter? | R | I | PI | $ 2,000 |
| 2013-2014 | Telfer School of Management Research Fund (SMRF Leverage) | Social Media, Investor Sentiment and Initial Public Offerings | R | I | Co-I | $ 2,000 |
LEGEND:
*Purpose
C: Contract (R and D) | E: Equipment Grant | R: Research Grant | S: Support Award | P: Pedagogical Grant | O: Other, U: Unknown
**Type
C: Granting Councils | G: Government | F: Foundations | I: UO Internal Funding | O: Other | U: Unknown
Role
PI = Principal Investigator | Co-I = Co-Investigator | Co-PI = Co-Principal Investigator
Areas of Strategic Impact
