Raheel Gohar, Ph.D
Finance Department, Chair

Biography
Dr. Raheel Gohar is an Associate Professor of Finance at the College of Business, Al Yamamah University, with over 20 years of experience in academia, corporate practice, and research. He has held leadership roles including Head of the Finance Department, PhD Program Coordinator, and Head of the Quality Assurance Unit, and served on multiple academic and strategic committees. He earned his PhD in Finance from Hacettepe University, Ankara, supported by international scholarships, and holds an MBA and BBA from the University of Peshawar. Dr. Raheel’s research focuses on corporate finance and governance, with 25 peer-reviewed publications and presentations in leading journals and international conferences. He teaches a wide range of finance courses, including corporate finance, financial modeling, managerial finance, investments, and derivatives. He contributes actively to finance education and academic leadership. Dr. Raheel’s work reflects a commitment to research excellence, curriculum development, and professional engagement. He is recognized for bridging theory and practice in corporate finance education. His professional focus includes corporate governance, financial strategy, and risk management.
Publications
| BH Chang, R Gohar, OF Derindag, E Uche (2023). COVID-19, lockdown measures and their impact on food and healthcare prices: empirical evidence using a dynamic ARDL model. Journal of Economic Studies 50 (5), 1008-1026. |
| OF Derindag, BH Chang, R Gohar, WK Wong, NA Bhutto (2023). Food prices response to global and national factors: Evidence beyond asymmetry. Cogent Economics & Finance 11 (1). |
| R Gohar, A Salman, E Uche, OF Derindag, BH Chang (2023). Does US infectious disease equity market volatility index predict G7 stock returns? Evidence beyond symmetry. Annals of Financial Economics 18 (02), 2250028. |
| R Gohar, BH Chang, E Uche, MA Uddin, A Kalra (2023). Nexus between energy consumption, climate risk development finance and GHG emissions. International Journal of Financial Engineering 10 (03). |
| A Maydybura, R Gohar, A Salman, WK Wong, BH Chang (2023). The asymmetric effect of the extreme changes in the economic policy uncertainty on the exchange rates: evidence from emerging seven countries. Annals of Financial Economics 18 (02), 2250031. |
| Raheel Gohar, Bisharat Hussain Chang, Emmanuel Uche, Pervez Ahmed Memon (2023). The Asymmetric Effect of Exchange Rate on the Household Consumption Expenditures. Etikonomi 22 (1), 31 - 34. |
| E Uche, BH Chang, R Gohar (2022). Consumption Optimization in G7 Countries: Evidence of Heterogeneous Asymmetry in Income and Price Differentials. Journal of International Commerce, Economics and Policy 13 (1), 2250002. |
| OF Derindag, BH Chang, R Gohar, A Salman (2022). Exchange Rate Effect on the Household Consumption in BRICST Countries: Evidence from MATNARDL Model. Journal of International Commerce, Economics and Policy 13 (2), 2250010. |
| R Gohar, S Bagadeem, BH Chang, M Zong (2022). Do the income and price changes affect consumption in the emerging 7 countries? Empirical evidence using quantile ARDL model. Annals of Financial Economics 17 (04), 2250024. |
| W Ali, R Gohar, BH Chang, WK Wong (2022). Revisiting the impacts of globalization, renewable energy consumption, and economic growth on environmental quality in South Asia. Advances in Decision Sciences 26 (3), 1-23. |
| R Gohar, K Bhatty, M Osman, WK Wong, BH Chang (2022). Oil prices and sectorial stock indices of Pakistan: Empirical evidence using bootstrap ARDL model. Advances in Decision Sciences 26 (4), 1-27. |
| R Gohar, M Osman, E Uche, PAM Auxilia, BH Chang (2022). The economic policy uncertainty extreme dynamics and its effect on the exchange rate. Global Economy Journal 22 (03), 2350006. |
| R Gohar, BH Chang, OF Derindag (2022). Nexus between Consumption, Income, and Price Changes: Asymmetric Evidence from NARDL Model. Etikonomi 21 (2), 213 – 228. |
Conferences
Selected conference presentations
- Managerial Entrenchment Hypothesis and Dividend Payout Policy. 3rd International Conference on Applied Economics and Finance, 6-7 December, 2017, Girne, North Cyprus.
- Economic Integration and stock market Comovement. 9th International Finance Society Conference, 10 - 11 March 2017, Paris, France.
- Business Group's diversification and firm value: A comparison of Pakistani Business Group Affiliated and Unaffiliated Firms. 3rd International Conference on Corporate Governance in Emerging Markets on 28-29 May 2011 at Korea University Seoul, Korea.
- Achieving the Optimal Capital Structure and its Impact on Pakistani Banking Performance. Asia-Pacific Business Research Conference, 21-22 February 2011, Kuala Lumpur, Malaysia.
- Corporate Governance in Pakistan. International Conference on Governance, Fraud, Ethics and Social Responsibility, June 2009, Istanbul, Turkey.
- Business Group's Diversification and Firm Value: Evidence from Pakistani Business Group Firms. Fifteenth Annual Conference of the Multinational Finance Society, July, 2008, Orlando, USA.
- Work Ethics value of Pakistani, Kazakh and Turkish Managers. 21st European Business Ethics Network (EBEN) Annual Conference, 2008, Antalya / Turkey.
- Cultural-universal and Culture-specific Aspects of Transformational Leadership: A Comparison of Six Non-Western Countries. Jepson School Summer Institute for Leadership and the Liberal Arts, 2008, Richmond, USA.
- Comparison of Transformational Leadership Aspects in Non- Western Countries: Pakistan, Kazakhstan and Turkey. Ninth Annual Global Leadership Conference, 2007, Vancouver, Canada.
Teaching
Current Teaching
FIN 312: Financial Management using Excel
FIN 313: Financial Institutions and Markets
FIN 415: Corporate Finance
FIN 508: Managerial Finance
Graduate Teaching
- Managerial Finance
- Principles of Finance
- Corporate Finance
Undergraduate Teaching
- Introduction to Finance
- Investments
- International Finance
- Portfolio Management
- Derivative Securities
- Risk Management and Insurance
- Financial Policy
Services
- Coordinator of the Finance Department, Al Yamamah University, 2019 – present.
- A member of the Strategy Committee at Business Council, Al Yamamah University, 2019 – present.
- The Chair of the Appeal Committee, Al Yamamah University, 2016 – 2018.
- The Chair of the Finance Department at Dar Al Uloom University, 2013-2015.
- A member of the Accreditation Committee at Dar Al Uloom University, 2013 – 2015
- A member of the College of Business Council, Dar Al Uloom University, 2013 – 2015.
- Coordinator of PhD Program, National University of Sciences and Technology (NUST), Islamabad, Pakistan, 2009-2011.
- A member of Curriculum Review Committee, National University of Sciences and Technology (NUST), Islamabad, Pakistan, 2009-2011.