Media Release
Goa, Oct 30: The Institute of Chartered Accountants of India (ICAI) hosted the prestigious International Research Awards 2025 at Novotel, Goa, to honour exceptional global contributions to academic and applied research. The event witnessed an overwhelming response, featuring 316 research submissions from 18 countries, representing a diverse range of disciplines and research domains.
The programme was presided over by CA Charanjot Singh Nanda, president of ICAI, and graced by John Turner, guest of honour and chairman of the jury, who also serves as the chief executive officer of XBRL International. In his address, Turner emphasized the importance of impactful and policy-oriented research in shaping the future of finance and governance, underscoring the role of academic institutions in driving evidence-based policy and innovation.
Among the sixteen globally recognized research papers, the YEN-REFINED, Yenepoya Institute of Arts, Science, Commerce and Management (YIASCM), Yenepoya (Deemed to be University), achieved an outstanding milestone by securing three awards in the finance category. This remarkable accomplishment highlights the university’s commitment to fostering a robust research culture and promoting excellence in financial and behavioural studies through its dedicated research center, YEN-REFINED - the Yenepoya Research Centre for Finance and Entrepreneurship Development.
The award-winning research papers from Yenepoya include ‘An Empirical Analysis of Stock Market Participation: From an Islamic Perspective’, which received the Gold Award, followed by two Silver Awards for the papers ‘Development and Validation of Social Inclusion Scale for Stock Market Participation’ and ‘Developing a Digital Currency Adoption Scale: A Validity and Reliability Study’.
The research team comprising Prof Niyaz Panakaje, coordinator of YEN-REFINED & MBA, Dr S M Riha Parvin, assistant professor, YEN-REFINED, Dr Abhinandan Kulal, research associate, YEN-REFINED, Mohammad Shahid, HOD, department of commerce, Dr Madhura, assistant professor, department of management, and Niha Sheikh, JRF, YEN-REFINED received the honours at the ceremony. Their collective achievement reflects the university’s growing contribution to global research on financial inclusion, digital innovation, and behavioural finance.
These prestigious awards mark a significant moment in YEN-REFINED academic journey, reaffirming its vision to promote interdisciplinary research, intellectual excellence, and international collaboration.