Mostaq M. Hussain, PhD

Professor

Mostaq HussainMostaq M. Hussain joined the Faculty of Business in 2006 and is a member of the GAU of the University of New Brunswick, Saint John.

Dr. Hussain teaches Managerial Accounting at different levels and also teaches Accounting Information Systems and Accounting Theory. Prior to joining the University of New Brunswick, he taught at Sultan Qaboos University in Oman and University of Vaasa in Finland. He has a very extensive record of research in management accounting performance measurement issues.

Dr. Hussain has served as the member of Program Review Committee (senate level) and University Appeal Committee and different committees at the FOB. He is a member of verities professional academic organizations including CAAA, AAA, ASAC, and Strategic Research Unit of the University of Vaasa, Finland.

His personal interests include travelling, gardening and carpentry. His academic (or research) interest areas are Management accounting performance measures, specifically non-financial performance measurement in services. He has published more than two dozen articles, and a number of international refereed journals such as the Accounting, Auditing and Accountability Journal.

Publications

Refereed

  • Debasish, S., M. Hussain and M. Islam (2008). A Comparative Study on Service Quality in Selected Commercial Banks in Delhi. Forthcoming Global Review of Business and Economic Research
  • Hussain, M., E. Mohamed, M. Islam, and M. Rahman (2007). Banking Policies and Regulations: Comparative Study of Kuwait, UAE and Qatar. International Journal of Financial Services Management. Vol. 2, Issue 3, pp. 214-234
  • Hussain, M., M. Rahman and N. Alam (2006). Core Competencies in Small Manufacturing Firms: A Case Study. Journal of Accounting, Business and Management. Vol. 13. No. 2, pp. 114-122
  • Hussain, M. (2006). Management accounting benchmarking measures: The case of the financial services industry. International Journal of Process Management and Benchmarking. Vol. 1, No. 4, pp 370-386
  • Hussain, M. (2006). Management Accounting Corporate Social Responsibility Measures in Services: A Case Study.  International Journal of Business Governance and Ethics, Vol. 2, Nos. 1/2, pp. 129-144
  • Hussain. M. (2005). Management Accounting Performance Measurement Systems in Swedish Banks. European Business Review, Vol. 17, No. 6, pp. 566-589   
  • Chowdhury, M. and M. Hussain (2005). A Paradigm of Islamic Money and Banking. International Journal of Social Economics, Vol. 32. No. 3, pp.203-217
  • Mohamed, E.K. and M. Hussain (2005). The Role of Audit Committees in Enhancing a Transparent Corporate Reporting. Humanomics, Vol. 21, No. 1/2, pp. 30-47
  • Mohamed, E.K. and M. Hussain (2005). Management Accounting and Performance Measurement Practices in Service Sector in Oman. International Journal of Management and Decision Making, Vol. 6, No. 2, pp. 101-111
  • Hussain, M. (2004). Organizational Strategic Orientation and Its Impact on Non-financial Performance Measurement in the Financial Services Industry. Management Research News, Vol. 27 No. 11/12, pp.115-133
  • Hussain, M. and M. Islam (2003). Different Nature of Non-financial Performances and Their Measurement Practices in Financial Institutions, Humanomics, Vol. 19, No. 3/4, pp.18-35
  • Hussain, M. (2003). Management Accounting Practices in Interest-free banking: The Need of Non-financial Performance Measurement, Managerial Finance, Vol. 29, No. 7, pp. 43-63
  • Islam, M. & M. Hussain (2003). A Comparative Study of the Efficiency of the Conventional and Non-interest Banking Institutions in the GCC Countries with Respect to Regulations, Accounting, and Auditing.  Review of Business Research, Vol. 1, No. 1, pp. 169-179
  • Hussain, M. (2003). The Impact of Economic Condition on Management Accounting Performance Measures. Experience with Banks, Managerial Finance, Vol. 29, No. 2/3, pp. 23-41
  • Hussain M. and A. Gunasekaran (2002). An Institutional Perspective of Non-Financial Management Accounting Measures: A Review of Financial Services Industry.  Managerial Auditing Journal, Vol. 17, No. 9, pp. 518-536. This paper received Literati Club’s (Emerald) Awards for Excellence as the Most Outstanding Paper in the 2002 volume
  • Hussain M. and A. Gunasekaran and M. M. Islam (2002).  Implications of Non-Financial Performance Measures in Finnish Banks. Managerial Auditing Journal, Vol. 17, No. 8, pp. 452-463
  • Hussain M., M. Islam, A. Gunasekaran and K. Maskooki (2002). A Comparative Study of Accounting Standards of Banking Sector in GCC Countries. International Journal of Management and Decision Making, Vol. 3, No. ¾, pp. 243-255
  • Hussain M., M. Islam, A. Gunasekaran and K. Maskooki (2002).  Accounting Standards and Practices of Financial Institutions in GCC Countries. Managerial Auditing Journal, Vol. 17, No. 7, pp.350-362
  • Hussain M. and A. Gunasekaran (2002). Non-Financial Management Accounting Measures in Finnish Financial Institutions. European Business Review, Vol. 14, No. 3, 2002, pp. 210-229
  • Hussain, M. and A. Gunasekaran (2002). Management Accounting and Performance Measures in Japanese Banks", Managing Service Quality: An International Journal, Vol. 12, No. 4, pp. 232-245
  • Hussain M. and Z. Hoque (2002). Understanding non-financial performance measurement practices in Japanese banks: A new institutional sociology theory perspective.  Accounting, Auditing & Accountability Journal, Vol. 15, No. 2, pp.162-183.
  • Hussain, M. and A. Gunasekaran (2001). Activity-Based Cost Management in Financial Services Industry. Managing Service Quality: An International Journal, Volume 11, Issue 3, pp. 213-223
  • Hussain, M., K. Maskooki and A. Gunasekaran (2001). Implications of Grameen Banking System in Europe: Prospects and Prosperity. European Business Review, Vol. 13, No. 1, pp. 26-41
  • Hussain, M., A. Gunasekaran and E. K. Laitinen (1998). Management Accounting Systems in Finnish Service Firms. International Journal of Technical Innovation and Entrepreneurship (TECHNOVATION), Vol. 18, No. 1. pp. 57-67

Books/articles in books

  • Alam. N. and M. Hussain (2008). An Institutional Network Approach of Partnership Mode of Interest-free Microfinance an Islamic Banking: A Case Study. Handbook of Business Practices and Growth in Emerging Markets, World Scientific Publishing, Singapore (Edited by Dr. S. Sing, University of Winnipeg, Manitoba)
  • Mohamed, E, and M. Hussain (2008). Does the Religious Nature of Organization Affect Performance Measurement? A Case of GCC banks. Handbook of Business Practices and Growth in Emerging Markets, World Scientific Publishing, Singapore
  • Fauzi, H. and M. Hussain (2008). Contextual Variables Effect on the Design of Management Control Systems and Corporate Financial Performance: Experience from Indonesian Hospitality Industry. Handbook of Business Practices and Growth in Emerging Markets, World Scientific Publishing, Singapore
  • Hussain, M. & S. Kock (1995). Activity Based Costing in Service Management; in Quality Management in Services, Vol. 1; Sage Publications, London (ed. by Paul Kunst & Jos Lemmink, Maastricht, the Netherlands), pp. 167-176
  • Hussain, M. (2000). Management Accounting Systems in Services: Empirical Evidence with Non-financial Performance Measurement in Finnish, Swedish and Japanese Banks and Other Financial Institutions. Acta Wasaensia, Business Administration 32, University of Vaasa, Finland

Professional and other publications

  • Fauzi, H. and M. Hussain (2008). The Effect of Contextual Variables on the Relationship Between Management Control Systems and Corporate Financial Performance- An Empirical Evidence. Paper published in the Proceedings of American Accounting Association (AAA) 2008 Annual Meeting (CD), August, Anaheim, LA, USA
  • Rahman, M and M. Hussain (2007). Influence of Information Technology on Jobs and Performance Evaluation in Developing Countries: A Comparative study. Proceedings (abstract) of American Accounting Association (AAA) 2007 Annual Meeting, August, Chicago, Illinois, USA
  • Hussain, M. (2005). Comparative Analysis of Accounting Standards in GCC Countries. Horizon, Issue 58-60     
  • Hussain, M. (2004). Management’s Strategic Orientation and Its Impact on Non-financial Performance Measurement in Financial Services Industry. Proceedings of the Annual Conference of the American Academy of Accounting and Finance), the American Academy of Accounting and Finance (AAAF), December, USA
  • Hussain, M. and S. Al-Shidi (2003). The Role of Benchmarking in Management Accounting Performance Measures in Services: Experience with Financial Institutions. Proceedings of the First International Conference on Performance Measures, Benchmarking and Best Practices in New Economy-BUSINESS EXCELLENCE ’03, University of Minho, Guimaraes, Portugal
  • Mohamed, E and M. Hussain (2003). The Role of Audit Committees in Enhancing Transparent Corporate Reporting. Proceedings of the 10th International Accounting Development Conference, SOCPA, October, Qassim, KSA
  • Mohamed, K. E. and M. Hussain (2003). Management Accounting Performance Measurement Practices in Omani Firms. Proceedings of the First International Conference on BUSINESS EXCELLENCE ’03, University of Minho, Guimaraes, Portugal
  • Islam, M. and M. Hussain (2003). Ethics, Regulations, Accounting and Auditing Practices in GCC Counties. Proceedings of the IDB & UAE Universities’ International Conference of Financial Development in the Arab World, Abu-Dhabi, UAE
  • Hussain, M. (2002). The Impact of Technology on Management Accounting Performance Measures: Case of Financial Services Industry. Proceedings of the International AMSE Conference on Business, Decision and Technology (BDT ’02), Kuwait University, Kuwait, March; Vol.
  • Hussain, M. and E. K. Laitinen (1997). Management Accounting for Interest-Free Banks and Financial Institutions: Non-financial Performance Measurement Aspects. Proceedings of Marseille University, Aix-en-Provence, France
  • Hussain, M. and E. K. Laitinen (1996). Non-financial Management Accounting Measures (in Islamic Banks and Financial Institutions). The New Horizon, November, No. 57, pp 5-6
  • Hussain, M. (1996). Grameen Banking: An Innovation in the Banking World. The Pohjalainen, April 20, 1996
  • Hussain, M. and H. Katajamäki (1996). Grameen Bank as Small Business Financier:  The Case of USA. Developing Core Competencies in Small Businesses for the 21st Century, Proceedings of the European Foundation for Management Development, (in cooperation with Center for Continuing Education Center at the University of Vaasa), 12/96, Vol. II
  • Several articles on Micro-credit, Interest-free Banking, Business & Economies in South, South-east Asia and the Middle East. The Vasabladet (Swedish Daily), 1993-95.

Conference papers (some papers are co-authored)

  • Is Our Contemporary Financial Systems Flawed! What about Accounting System? Presented at the Sixth International Conference on Unity of the Sciences, arranged by Trisakti University, Jakarta, Indonesia, and BGC Trust University, Bangladesh, held in Chittagong, January 10-11, 2009
  • The Effect of Contextual Variables on the Relationship Between Management Control Systems and Corporate Financial Performance- An Empirical Evidence. Paper presented at American Accounting Association (AAA) 2008 Annual Meeting, August 2008, Anaheim, LA, USA
  • The Impact of Information Technology on Performance Evaluation: Experience with Developing Countries. Paper presented at the annual conference of Canadian Academic Accounting Association (CAAA) 2008 annual conference, May 30-31, 2008, Winnipeg, Canada
  • Relationship Between Balance Score-card and Knowledge Management: A Case Study. Paper presented at Administrative Science Association of Canada (ASAC) Conference, May 24-27, 2008, Halifax, Canada 
  • Non-Financial Performance Measurement Practices in Financial Services Industry: An Agency Theory Approach. Paper presented at Canadian Academic Accounting Association’s (CAAA) annual conference, May 30- 31, 2008, Winnipeg, Canada
  • An Agency Theoretical Approach of Non-financial Performance Measurement in banks in USA and Oman. Paper Presented at Intl. Conference of Global Academy of Business and Economics Research (GABERIC), March 20-21st, 2008. Houston, Texas, USA
  • Influence of Information Technology on Jobs and Performance Evaluation in Developing Countries: A Comparative study. Paper presented at the Research Forum of American Accounting Association 2007 Annual Meeting, August 5–8, 2007, Chicago, Illinois, USA
  • Normative Influence on Non-financial management Accounting Measures: A case Study. Paper presented at the Annual Administrative Science Association of Canada (ASAC) Conference, 2-5th June, 2007, Ottawa, Canada
  • Technology and Competition: Do They Support the Improvement and Measurement of Non-Financial Performance? Paper presented at the International Conference on Social Science and Humanities (ICOSH ’07). Universiti Kebangsaan  Malaysia, 13-15 March  2007, Selangor, Malaysia
  • Socio-economic & Political Institutions and Their Impact on Non-financial Performance Measurement in Financial Services Industry. Presented at 6th Annual Hawaii International Conference on Business, May 25 - 28, 2006, Honolulu Hawaii, USA
  • A Cross Country Analysis of Regulations, Accounting & Auditing Practices in the Banking Sector of GCC Countries. Paper Presented at the International Academy of Business and Public Administration Disciplines, May 23-26, 2005; Dallas, Texas, USA
  • Management’s Strategic Orientation and Its Impact on Non-financial Performance Measurement in Financial Services Industry. Paper presented at the Annual Conference of the American Academy of Accounting and Finance (AAAF), 9-11 December, 2004, New Orleans, USA
  • The Role of Technology on Performance Measurement: Case Study of Financial Institutions. Paper accepted for presentation in Australia and New Zealand‘s Academy of Management (ANZAM) 17th Annual conference, 2-5 December, 2003, Fremantle, (Western) Australia
  • Impact of the Nature & Characteristics of Organization on Non-financial Performance Measurement: Case of Financial Services Industry. Paper presented at British Accounting Association, SEAG Conference, 8th September 2003, London, UK
  • The Role of Management Accounting in Measuring Social Well-being: Experience with Financial Services Industry. Paper accepted for presentation in the Conference on Corporate Social Responsibility, 3-5th September 2003, at London Metropolitan University in London, UK
  • A Comparative Study of the Efficiency of the Conventional and Interest-free banks in GCC Countries with Respect to Regulations, Accounting, and Auditing. Paper accepted for presentation at International Academy of Business and Economics (IABE-2003) Annual Conference, October 19-22nd, 2003; Las Vegas Nevada, USA
  • The Role of Benchmarking in Management Accounting Performance Measures in Services: Experience with Financial Institutions. Paper presented at the First International Conference on Performance Measures, Benchmarking and Best Practices in New Economy (BUSINESS EXCELLENCE ’03), University of Minho, June 10-13th, 2003, Guimaraes, Portugal
  • Management Accounting Performance Measurement Practices in Omani Firms. Paper presented at the First International Conference on BUSINESS EXCELLENCE ’03, University of Minho, June 10-13th, 2003, Guimaraes, Portugal
  • The Impact of Technology on Non-financial Management Accounting Measures. Paper accepted for presentation at the Twelfth Annual World Business Congress of IMDA, June 25th - 29th, 2003, Vancouver, Canada
  • Ethics, Regulations, Accounting & Auditing Practices in GCC Countries. Paper presented at International Conference on Financial Development in the Arab World, UAE University, 31st March-2 April, 2003, Abu Dhabi, UAE
  • Management Accounting in Interest-free banking: Non-financial Performance Measurement Aspect. Paper presented in the Conference on GCC Economies 21st Century Opportunities, at King Faisal University, February 13-15, 2001, Hofuf, KSA
  • Comparative Analysis of Banking Regulations and Supervision in Arab GCC Countries. Paper presented at Challenges and Reforms of Economic Regulations in MENA Countries Workshop, (Arab Planning Institute and Economic Research Forum), 27-29 July, 2001, Cairo, Egypt
  • Accounting Standards and Practices in Banking: A Review of GCC Countries. Paper accepted for presentation in The Thirteen Asian Pacific Conference on International Accounting Issues, October 28-31, 2001, Rio de Janeiro, Brazil
  • Non-financial Management Accounting Measures in Finnish, Swedish and Japanese Banks. Paper presented at the Workshop on Accounting Change and Performance Measurement, University of Vaasa, April 15-16, 1998, Vaasa, Finland
  • The Role of Management Accounting in Non-financial Performance Measurement in Finnish, Swedish and Japanese Banks. Paper presented at Management Accounting and Information Systems Seminar at Manchester Business School of Manchester University, October 24-29th, 1998, Manchester, UK
  • Management Accounting System in Finnish Service Firms: Theories Fail to Meet Demand. Presented at EIASM's Second International Workshop on Service Productivity, April 18-19, 1996; in Madrid, Spain
  • Management Accounting Systems for Interest-Free Banking and Financial Institutions. Paper presented at the European Association for Middle Eastern Studies (EURAMES, Oxford and AFEMAM, Paris), 2nd Conference on European Research on the Middle-East; July 4-7, 1996; in Aix-en-Province, France
  • The Implication of Grameen (Micro-credit) Banking in Europe: Prospects and Prosperity. Presented at the Summer School of European Society for Rural Sociology on European Integration and the Future of Rural Europe -Inside & Outside EU, June 30-July 5, 1996; in Veszprem, Hungary
  • Grameen Bank as Small Business Financier: The Case of USA. Presented at the 26th European Small Business Seminar on Developing Core Competencies in Small Businesses for the 21st Century, September 11-13th, 1996, in Vasa, Finland.

Type of scholarship

Post-doctoral/faculty

  • Social Science and Humanities Research Council (SSHRC), Travel Grant, 2008
  • Distinguished Research Award, Sultan Qaboos University , Oman, 2005
  • Literati Club’s (Emerald) ‘Awards for Excellence’ for publishing Most Outstanding Paper in Managerial Auditing Journal (in 2002 Vol.), 2003. 
  • Finnish Cultural Foundation, 2000
  • Scandinavia-Japan Sasakawa Foundation, Sweden-Japan, 2000
  • Osterbotnia Chamber of Commerce, Finland, 2000
  • Sultan Qaboos University, Oman, 2001 & 2002

Postgraduate

  • Research Scholarship, Dr. H. C. Marcus Wallenberg Research Foundation, Finland, 1993, 1995, 1996, 1997 and 1999
  • Research Scholarship (Ph.D.), Research Institute at Swedish School of Economics, Finland, 1993 
  • Research Scholarship (Japanese Banks’ study), The Scandinavia-Japan Sasakawa Foundation, 1996, 1997 and 1998
  • Research Award, Merita Bank Research Foundation, Finland, 1996
  • Research Grant, the Finnish Savings Banks Research Foundation, Finland, 1996, 1997 and 1998
  • Research Scholarship (Ph.D.), Center for International Mobility’s (CIMO, Ministry of Education and Foreign Affairs of Finland), 1997
  • Research Scholarship (Swedish banks’ study), Nordic Academy for Advanced Study (NorFA), Norway,  1997
  • Research Scholarships, Research Foundation of the Association of Finnish Cooperative Banks, Finland, 1997 and 1999.
  • Research Scholarship (Ph.D.), Finnish Cultural Foundation, Finland, 1998
  • Research Grant, Ella and George Ehrnrooth Research Foundation, Finland, 1998 and 1999
  • Research Scholarship, Foundation of Finnish Stock Market Promotion, Finland, 1998 
  • Travel Grant (research visit to UK), British Council, UK<  1998 and 1999

Editor: International Journal of Accounting and Finance (IJAF)

Contact information

Email

Phone: (506) 648-5805
Fax: (506) 648-5574