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Islam Azzam

Professor
Department of Management
The American University in Cairo
Egypt

Biography

Islam Azzam is an associate professor and head of finance at the department of management at The American University in Cairo. He teaches in the areas of finance, corporate finance, investment analysis, international finance, and derivatives. Azzam previously worked as a full-time advisor for the chairman of the Capital Market Authority of Egypt. He also worked as financial advisor for the chairman of the Mortgage Finance Authority of Egypt. He is currently the financial advisor for the chairman of the General Authority of Free Zones and Investment and the CEO of the private equities for developing small and medium enterprises (SMEs) company. Azzam also owns a financial consultation firm. He sits on the boards of a number of different companies listed on the Egyptian Stock Exchange. He is a member of the American Economic Association (AEA) and the American Finance Association (AFA). Azzam received his bachelor degree from Cairo University, an MA from the American University in Cairo and another MA and PhD from University of California Irvine.

Research Interest

Financial Econometrics

Publications

  • Islam Azzam, 2010, “The Impact of Institutional Ownership and Dividend Policy on Stock Returns and Volatility: Evidence from Egypt”, International Journal of Business, Volume 15 (4), pp 443-458, ISSN: 1083-4346.

  • Islam Azzam, 2010, “Stock Exchange Demutualization and Performance”, Global Finance Journal, Volume 21 (2), pp 211-222, ELSEVIER, ISSN: 1044-0283.

  • Islam Azzam, Jasmin Fouad, and Dilip Ghosh, 2013, “Foreign Ownership and Financial Performance: Evidence from Egypt”, International Journal of Business, Volume 18, No. 3.

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