Management Prof Wins National Recognition

News Date
COBA bajestani mahdi forghani_012722.jpg

ASU associate professor, Dr. Mahdi Bajestani (photo credit: David Campbell/ASU).

ASU Faculty Member Wins National Management Association Honors 

By Kenneth Mullinax/ASU 

An Alabama State University faculty member in the department of Management has earned nationwide recognition from the Southern Management Association (SMA) for his research into the corruption and illegal activities that exist in some nations, and the impact on businesses.

ASU associate professor, Dr. Mahdi Bajestani, won the “Best Research Paper Award” from the SMA for his treatise on how foreign direct investment is affected by corruption, bribes and other nefarious actions. Many business-people consider these kinds of activities as part of the cost of doing business in certain nations of the world, excluding the United States and other Western nations. His paper is titled “Where would you invest? Revisiting the effects of foreign direct investment (FDI) on corruption.” 

"I am very humbled and gratified to receive this recognition from a body of my peers at the Southern Management Association," stated Bajestani, who joined the Hornet Nation family in the fall of 2021. "This issue impacts most companies doing work in many nations and comes into play with certain foreign government officials demanding kick-backs or direct monetary compensation for such things as business contracts, professional licenses, business certifications, as well as not being unfairly subjected to prosecution or adverse criminal or civil adjudications against them or the products or companies that they represent." 

Bajestani's dean, Dr. Kamal Hingorani, of the Percy J. Vaughn College of Business Administration (COBA), expressed how proud he is that one of his newest faculty members gained national notoriety so soon after joining the ranks of COBA's faculty. 

"We are all very excited about the accolades recently bestowed upon Dr. Bajestani, but we are not surprised. He recently earned his CGBP (Certified Global Business Professional) credentials and earned his Ph.D. in Management from Old Dominion University and is currently teaching the capstone course in Business and the course on International Business."

Hingorani explained that this award will help Bajestani to continue research on topics that are of importance both to academia and industry. 

"This will help the University build upon the respect it has for the quality of research being done and published by its faculty. This shows that it is indeed a great time to be a Hornet," said the Dean.


The Southern Management Association (SMA) is a domestic affiliate of the Academy of Management. It promotes value for its members, organizations, and for society in general through professional development, high-impact scholarship and teaching, and engaging programs.  The SMA works to be socially responsible and strives to maintain a sense of community by nurturing members, building collaborations, fostering lifelong professional friendships, and making a difference with activities in the community. The SMA membership consists of more than 1,000 management professors, doctoral students, and executives, representing more than 200 colleges, universities, and business firms in 43 states and numerous countries worldwide.

News media contact: Kenneth Mullinax, 334-229-4104.