Dr Vijay Kumar

Vijay Kumar

Senior Lecturer in Finance - School of Accounting, Finance and Economics

Qualifications: PhD (Waikato); MSc (Bradford)

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About Vijay

Dr Vijay Kumar is Senior Lecturer in Finance at Waikato Management School at the University of Waikato.

He gained his PhD from the University of Waikato in 2018 with a thesis titled 'The Profitability of Banking Sectors in the Asia-Pacific Region and Their Contributions to Economic Growth'. He has a master’s degree from the University of Bradford, United Kingdom.

Dr Kumar’s current research focuses on banking performance, bank efficiency, bank liquidity, financial inclusion, agribusiness, and housing economics. He has published in reputable peer-reviewed journals. He is the guest editor of the International Journal of Financial Studies for a special issue on "Banks and Profitability of Banks".

Dr Kumar has won a number of external grants. He is currently working on a significant grant from the Government of India for the project 'Development of a Digital Platform for Financial Inclusion and Rural Women Empowerment'.

He has also worked on multiple external projects for government and private organisations in New Zealand, including Zespri International, Queen Elizabeth II National Trust, Road Transport Forum, AskYourTeam, PriorityOne, Waikato Regional Council, and Hamilton City Council.

Research Supervised

Research Interests

Banking performance

Bank efficiency

Bank liquidity

Financial Inclusion


Recent Publications

  • Hewa Wellalage, N., & Kumar, V. (2021). Environmental performance and bank lending: Evidence from unlisted firms. Business Strategy and the Environment, online, 21 pages. doi:10.1002/bse.2804

  • Kumar, V., Thrikawala, S., & Acharya, S. (2021). Financial inclusion and bank profitability: Evidence from a developed market. Global Finance Journal, online, 12 pages. doi:10.1016/j.gfj.2021.100609

  • Hewa Wellalage, N., Kumar, V., Hunjra, A., & Al-Faryan, M. (2021). Environmental performance and firm financing during COVID-19 outbreaks: Evidence from SMEs. Finance Research Letters, online, 102568. doi:10.1016/

  • Kumar, V., & Hewa Wellalage, N. (2021). The COVID-19 pandemic and firm-financing: Does environmental performance really matter?. In New Zealand Association of Economists Conference 2021. Wellington, NZ.

Find more research publications by Vijay Kumar


Agriculture; Economic Development; Environment Issues; Environmental Impacts; Finance