Michael Insaidoo, a lecturer at the Department of Banking and Finance of the University of Professional Studies, Accra, has received global recognition for Outstanding Paper in the 2022 Emerald Literati Awards.
The Emerald Literati Awards, active for 30 years, is a global award scheme which celebrates and rewards the outstanding contributions of authors and reviewers of scholarly papers.
The Outstanding Paper Awards have been the backbone of the Emerald Literati Awards for excellence, acknowledging scholarly research that creates impact and generates real change beyond academia.
Mr. Insaidoo’s research paper, “Stock market performance and COVID-19 pandemic: Evidence from a developing economy,” published in the Journal of Chinese Economic and Foreign Trade Studies, was adjudged the most impressive piece of work by the Editorial Board of Emerald Publishing.
In the award-winning article, Michael Insaidoo and his co-authors assessed the impact of the COVID-19 pandemic on the performance of the Ghana stock market using daily time series data from January 2, 2015 to October 13, 2020.
The paper employed the exponential generalized autoregressive conditional heteroscedasticity (EGARCH) model in its analysis.
The study revealed, amongst other findings, that the pandemic occasioned an increase in the Ghana stock market’s return volatility by 8.23 percent. The paper also highlighted policy implications in light of the findings.
Michael Insaidoo is an economist and a lecturer at the UPSA’s Department of Banking and Finance. He has over ten years of experience in teaching and research, as well as in administration.
Prior to joining UPSA, Mr. Insaiddo had extensive professional experience spanning freight forwarding, banking, printing and advertising, and civil society organizations.
Michael Insaidoo is a PhD in Economics candidate at the University of Cape Coast. He is also the proud recipient of the Dutch government’s prestigious Nuffic scholarship, under which he completed a Master of Arts in Economics of Development from the International Institute of Social Studies, which is part of Erasmus University in the Netherlands.
He holds a Bachelor of Arts degree in Economics from the University of Ghana and is a product of St. Augustine’s College in Cape Coast.
He teaches Economics and quantitative-related courses at UPSA, and has been the course lead for many of these courses.
His research focuses on financial crisis, financial economics, financial markets, development economics and energy economics.
His research has been published in a number of internationally-ranked journals, and he serves as an ad hoc reviewer for several journals published by Elsevier, Taylor & Francis, and Wiley.
He has also conducted collaborative studies with institutions such as the African Economic Research Consortium (AERC), based in Kenya.