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Doctor Euphemia Godspower-Akpomiemie

Finance and Accounting

Job Title
Lecturer
Qualifications PhD (Financial Management), Masters (Finance and Investment), Postgraduate Diploma (Business Management), Wits; Higher National Diploma (Accounting and Finance)
Organisational Unit Wits Business School
Biography

Courses and Disciplines taught at WBS: 

Digital Financial Services (DFS); Digital Commerce; Digital Business in Africa, in Centre for Digital Business, as well as Financial Risk Management (FRM); Financial Technology (FinTech).

Other Teaching Experience: 

Euphemia Godspower-Akpomiemie has taught financial sustainably and reporting, as well as corporate governance at the Independent Institute of Education Monash South Africa (IIE MSA). Euphemia also taught finance for non-financial managers at the Centre for Enterprise and Sustainability.

Research Interests: 

Financial regulations/supervision, efficiency and performance matters; fintech and digitisation in the financial industry; banking fragility, twin-peaks, market discipline and Basel accords; money laundering and transparency in the banking industries; and other regulatory matters in the financial system.

Work

Industry and Professional Experience: 

Euphemia is a lecturer at Wits Business School of University of Witwatersrand, South Africa. She completed a PhD in financial management, with keen interest in financial regulations from Wits. She holds a Master of Management in Finance and Investment also from Wits, a post-graduate diploma in Business Management, and Higher National Diploma in Accounting and Finance from Nigeria.

Euphemia initially served as a sessional lecturer at Wits Business School, covering two departments (Master of Management in Finance and Investment and Master of Management in Digital Business). She also served as a contract lecturer at the Independent Institute of Education, Monash South Africa (IIEMSA), She has supervised several master’s theses to completion, engaged in thesis examinations and participated in research defence panels, both for PhD and master's works.

Her research output has gained her many recognitions, with many peer reviewed articles and book chapters publications, including publications in a top finance journal (Journal of Banking and Finance). She has gained many academic awards. She has also attended and presented research papers in many academic conferences, and engaged in some academic trainings to gain more knowledge in both academic writing and analytical skills. Despite Euphemia’s academic pursuit, she is a member of and a volunteer to several training and social development groups, where she participates in giving back to the society.

Recent Publications and Scholarly Contributions: 

Journal Articles

  1. Godspower-Akpomiemie, E., & Ojah, K. (2021). Market discipline, regulation, and banking effectiveness: Do measures matter? Journal of Banking & Finance, 133, 106249.
  2. Godspower-Akpomiemie, E., & Ojah, K. (2021). Competition and Market Discipline in the Banking Industry of Emerging Market Economies. Review of Development Finance, 11(1), 1-25.
  3. Godspower-Akpomiemie, E., & Ojah, K. (2017). Comparative analysis of interest rate effects on bank performance in emerging market versus African economies. African Finance Journal, 19(2), 1-28.

Book Chapters

  1. Godspower-Akpomiemie, E., & Ojah, K. (2019). Money laundering, Tax havens and Transparency: Any role for the board of directors of banks? In Enhancing Board effectiveness - Institutional, Regulatory and functional perspective for developing and emerging markets, edited by FN Ngwu, OK Osuji, C. Ogbechie, D. Williamson. New York: Routledge Publishers.
     
  2. Ojah, K., & Godspower-Akpomiemie, E. (2016). The Market for Corporate Control and Shareholder versus Stakeholder Model: Whither Developing and Emerging Market Economies? In Corporat Governance in developing and emerging markets, edited by FN Ngwu, OK Osuji, FH Stephen, 291-320. New York: Routledge Publishers.

Conference Papers

  1. Godspower-Akpomiemie, E., & Ojah, K. (2019, November). Competition and regulation in emerging
     
  2. Godspower-Akpomiemie, E., & Ojah, K. (2019, August). Market discipline effect on bank competition in emerging market banking industry. Presented at the African Review of Economics and Finance Conference (AREF), Johannesburg South Africa. market banking industry. Presented at the Global Development Finance Conference, Benoni, South Africa.
     
  3. Godspower-Akpomiemie, E., & Ojah, K. (2018, November). Market discipline, regulation and banking effectiveness: Do measures matter. Presented at the Global Development Finance Conference, Durban, South Africa
     
  4. Godspower-Akpomiemie, E., & Ojah, K. (2017, October). Effective Financial Regulation and the Market Discipline Principle of Basel II in Emerging Market Banking Industry. Presented at 8th Cross Faculty Graduate Symposium Showcasing Graduate Research at Wits. University of the Witwatersrand,  Johannesburg, South Africa.

Other Scholarly Contributions: 

Member of the Golden Key Society; Panellist PhD and master’s defence panels; Admission selection committee for Master in Finance and Investment; Thesis supervisor (PhD and master’s).

Awards

In the process of executing her duties, Euphemia has been a member of some reputable societies and attracted some scholarships, awards, and prizes for both academic and service excellence:

National Research Foundation (NRF) Scarce Skills Post-Doctoral Fellowship, 2018; National Research Foundation (NRF) Scarce Skills Doctoral Scholarship, 2016; BankSeta scholarship award 2017 and 2015; Bradlow Foundation scholarship award, 2015, University of the Witwatersrand; Postgraduate Merit Award, 2015 and 2014, University of the Witwatersrand; best oral presenter 2014, 6th Cross Faculty Graduate symposium, Faculty of Commerce Law and management, University of the Witwatersrand; best MoneyGram officer, 2008, United Bank for Africa (UBA) PLC Port Harcourt Branch; best front officer on service excellence, May 2001, UBA, Makurdi Branch.

Community Engagement: 

The spots leader of “yellow house” of Our Lady of Fatima College with a trophy in 2006; Leader of a cultural group of Our Lady of Fatima College participated in Dramatic Art Festival (DAFEST) 2006; Secretary of a women group that fosters and educates rural women on good hygiene and savings habits; Secretary of “Greater Height”, a group of graduates who volunteer to tutor students during vacations.

Recent Media: 

https://www.pressreader.com/nigeria/weekly-trust/20171021/281805694169127

Personal Information

Euphemia Godspower-Akpomiemie

Dr Euphemia Godspower-Akpomiemie is a finance scholar with a focus on financial regulation, digital finance, and banking sector transformation in emerging markets. She holds a PhD in Finance from the University of the Witwatersrand and has published in leading journals including the Journal of Banking & Finance and Review of Development Finance. Her research explores the interplay between regulatory frameworks (Basel Accords, Twin Peaks models), fintech adoption, and financial intermediation efficiency. She brings over a decade of postgraduate teaching experience, supervises PhD and master’s theses, and is actively engaged in shaping digital business curricula. Euphemia combines rigorous academic inquiry with practical insights from her earlier career in the banking industry.

Activities

Employment 5
Toggle ORCID item details 2025-10-01 to present | Senior Lecturer (Finance and Economics) Employment
Date range
2025-10-01 to present
Role title
Senior Lecturer
Department
Finance and Economics
Organization
University of the Witwatersrand
Organization location
Johannesburg, Gauteng, ZA
ROR
https://ror.org/03rp50x72
Source
Euphemia Godspower-Akpomiemie
Added
2026-07-03
Last modified
2026-07-03
Toggle ORCID item details 2023-01-01 to 2025-09-30 | Lecturer (Digital Business) Employment
Date range
2023-01-01 to 2025-09-30
Role title
Lecturer
Department
Digital Business
Organization
University of the Witwatersrand Johannesburg Wits Business School
Organization location
Johannesburg, Gauteng, ZA
RINGGOLD
452107
Source
Euphemia Godspower-Akpomiemie
Added
2023-02-03
Last modified
2026-07-03
Toggle ORCID item details 2022-01-01 to 2023-01-01 | Post Doc Fellow (Digital Business) Employment
Date range
2022-01-01 to 2023-01-01
Role title
Post Doc Fellow
Department
Digital Business
Organization
University of the Witwatersrand Johannesburg Wits Business School
Organization location
Johannesburg, Gauteng, ZA
RINGGOLD
452107
Source
Euphemia Godspower-Akpomiemie
Added
2023-02-03
Last modified
2023-02-03
Toggle ORCID item details 2021-01-04 to 2021-12-31 | Sessional Lecturer (Finance and Digital business) Employment
Date range
2021-01-04 to 2021-12-31
Role title
Sessional Lecturer
Department
Finance and Digital business
Organization
University of the Witwatersrand Johannesburg Wits Business School
Organization location
Johannesburg, Gauteng, ZA
Source
Euphemia Godspower-Akpomiemie
Added
2025-01-15
Last modified
2025-01-15
Toggle ORCID item details 2018-07-01 to 2020-06-30 | Post Doc Fellow (Wits Business School) Employment
Date range
2018-07-01 to 2020-06-30
Role title
Post Doc Fellow
Department
Wits Business School
Organization
University of the Witwatersrand Johannesburg
Organization location
Johannesburg-Braamfontein, Gauteng, ZA
RINGGOLD
37707
Source
Euphemia Godspower-Akpomiemie
Added
2019-06-05
Last modified
2023-02-03
Education and Qualifications 6
Toggle ORCID item details 2024-02-04 to 2025-11-18 | PGD in Higher Education (PGDipH) (Education) Education
Date range
2024-02-04 to 2025-11-18
Role title
PGD in Higher Education (PGDipH)
Department
Education
Organization
University of the Witwatersrand Johannesburg Wits Business School
Organization location
Johannesburg, Gauteng, ZA
Source
Euphemia Godspower-Akpomiemie
Added
2025-01-15
Last modified
2026-07-03
Toggle ORCID item details 2014-01-12 to 2017-12-18 | Ph.D (Wits Business School) Education
Date range
2014-01-12 to 2017-12-18
Role title
Ph.D
Department
Wits Business School
Organization
University of the Witwatersrand Johannesburg Wits Business School
Organization location
Johannesburg, Gauteng, ZA
RINGGOLD
452107
Source
Euphemia Godspower-Akpomiemie
Added
2019-06-05
Last modified
2023-02-03
Toggle ORCID item details 2011-01-04 to 2012-01-07 | Masters (Finance) Education
Date range
2011-01-04 to 2012-01-07
Role title
Masters
Department
Finance
Organization
University of the Witwatersrand Johannesburg Wits Business School
Organization location
Johannesburg, Gauteng, ZA
RINGGOLD
452107
Source
Euphemia Godspower-Akpomiemie
Added
2023-02-03
Last modified
2023-02-03
Toggle ORCID item details 2006-01-05 to 2006-12-20 | Post Graduate Diploma (PGD) (Management Sciences) Education
Date range
2006-01-05 to 2006-12-20
Role title
Post Graduate Diploma (PGD)
Department
Management Sciences
Organization
Rivers State University of Science and Technology Faculty of Management Science
Organization location
Port Harcourt, Rivers State, NG
RINGGOLD
355325
Source
Euphemia Godspower-Akpomiemie
Added
2023-02-03
Last modified
2023-02-03
Toggle ORCID item details 1995-01-05 to 1999-12-15 | Higher National Diploma (Accountancy) Education
Date range
1995-01-05 to 1999-12-15
Role title
Higher National Diploma
Department
Accountancy
Organization
Federal Polytechnic Nekede
Organization location
Owerri, Imo, NG
RINGGOLD
317799
Source
Euphemia Godspower-Akpomiemie
Added
2023-02-03
Last modified
2023-02-03
Toggle ORCID item details 2022-11-12 to 2023-04-15 | Data Science Qualification
Date range
2022-11-12 to 2023-04-15
Department
Data Science
Organization
MIT Schwarzman College of Computing
Organization location
Cambridge, Massachusetts, US
Source
Euphemia Godspower-Akpomiemie
Added
2025-01-15
Last modified
2025-01-15
Works 11
Toggle ORCID item details Investigating factors that affect the willingness to adopt peer-to-peer short-term insurance in South Africa Digital Transformation and Society Journal Article
Publication date
2024-04-29
Journal title
Digital Transformation and Society
Type
Journal Article
URL
http://dx.doi.org/10.1108/dts-04-2023-0022
DOI
10.1108/dts-04-2023-0022
ISSN
2755-0761
ISSN
2755-077X
Short Description
<jats:sec><jats:title content-type="abstract-subheading">Purpose</jats:title><jats:p>This study aims to identify the propensity for clients (legal and natural persons) to adopt peer-to-peer (P2P) short-term insurance policies as opposed to traditional and/or centralized short-term.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Design/methodology/approach</jats:title><jats:p>In this paper data was collected through a survey of 102 sampled short-term insurance clients using convenience sampling. The TAM2 questionnaire was adapted to evaluate the intention to adopt a P2P insurance policy.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Findings</jats:title><jats:p>The findings of this study shed light on the factors influencing the adoption and (dis)continuation of short-term insurance products, both traditional and digital, among South African consumers. The results demonstrate that perceived usefulness, ease of use, trust, risk perception and subjective norm play crucial roles in individuals' intention to use or (dis)continue the use of these insurance products.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Practical implications</jats:title><jats:p>The study's findings provide actionable insights for practitioners in the short-term insurance sector, with a focus on marketers and e-commerce professionals. These insights emphasize the need to prioritize user-friendly design and trust-building measures in the development of P2P insurance systems. Additionally, practitioners should consider harnessing the power of social influence and carefully balancing innovative features with familiarity in their marketing efforts. These strategies are poised to enhance the adoption and competitive positioning of P2P insurance solutions amidst the evolving landscape of digital transformation.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Originality/value</jats:title><jats:p>This study makes a substantial contribution by employing the technology acceptance model (TAM) in a novel and unconventional manner. It not only explicates the intricate dynamics governing the adoption and discontinuation of short-term insurance products, encompassing both conventional and digital alternatives, within the South African consumer milieu but also extends its purview to infer the reasons behind the limited widespread adoption of the digital counterpart, despite its superior value proposition compared to the traditional offering. The findings elucidate the critical determinants shaping individuals' decisions in this dynamic market segment. This research enhances the global discourse on insurance adoption with a unique South African perspective and furnishes insurers and marketers with empirically grounded insights to optimize their strategies and cultivate substantive connections with their target demographic.</jats:p></jats:sec>
Contributors Contributor 0 Credit Name
Daniel Francois Dörfling
Contributors Contributor 0 Contributor Attributes Contributor Role
author
Contributors Contributor 1 Credit Name
Euphemia Godspower-Akpomiemie
Contributors Contributor 1 Contributor Attributes Contributor Role
author
Language Code
en
Source
Euphemia Godspower-Akpomiemie
Added
2024-06-12
Last modified
2024-06-12
Toggle ORCID item details Secondary innovation and firm performance: A case study of JSE listed companies 2024 Journal Article
Publication date
2024
Type
Journal Article
URL
https://www.african-review.com/online-first-details.php?id=75
Contributors Contributor 0 Contributor Orcid Uri
https://orcid.org/0000-0002-0277-9973
Contributors Contributor 0 Contributor Orcid Host
orcid.org
Contributors Contributor 0 Credit Name
Euphemia Godspower-Akpomiemie
Contributors Contributor 1 Credit Name
Jacques Totowa
Source
Euphemia Godspower-Akpomiemie
Added
2024-06-12
Last modified
2024-06-12
Toggle ORCID item details The Relationship Between Financial Development and Economic Growth: A Case of South Africa 2024 Journal Article
Publication date
2024
Type
Journal Article
URL
https://www.african-review.com/online-first-details.php?id=81
Contributors Contributor 0 Contributor Orcid Uri
https://orcid.org/0000-0002-0277-9973
Contributors Contributor 0 Contributor Orcid Host
orcid.org
Contributors Contributor 0 Credit Name
Euphemia Godspower-Akpomiemie
Contributors Contributor 1 Credit Name
Simphiwe Zimu
Source
Euphemia Godspower-Akpomiemie
Added
2024-06-12
Last modified
2024-06-12
Toggle ORCID item details Performance Assessment of FinTech Firms: A Case of TelPay Research in Southern African Digital Business Book Chapter
Publication date
2022
Journal title
Research in Southern African Digital Business
Type
Book Chapter
Contributors Contributor 0 Contributor Orcid Uri
https://orcid.org/0000-0002-0277-9973
Contributors Contributor 0 Contributor Orcid Host
orcid.org
Contributors Contributor 0 Credit Name
Euphemia Godspower-Akpomiemie
Contributors Contributor 1 Credit Name
Sibusiso Kenneth Mvelase
Contributors Contributor 2 Credit Name
Nixon Ochara
Source
Euphemia Godspower-Akpomiemie
Added
2024-06-12
Last modified
2024-06-12
Toggle ORCID item details Market discipline, regulation and banking effectiveness: Do measures matter? Journal of Banking &amp; Finance Journal Article
Publication date
2021-12
Journal title
Journal of Banking &amp; Finance
Type
Journal Article
URL
http://dx.doi.org/10.1016/j.jbankfin.2021.106249
DOI
10.1016/j.jbankfin.2021.106249
ISSN
0378-4266
Contributors Contributor 0 Credit Name
Euphemia Godspower-Akpomiemie
Contributors Contributor 0 Contributor Attributes Contributor Role
author
Contributors Contributor 1 Credit Name
Kalu Ojah
Contributors Contributor 1 Contributor Attributes Contributor Role
author
Language Code
en
Source
Euphemia Godspower-Akpomiemie
Added
2024-06-12
Last modified
2024-06-12
Toggle ORCID item details Competition and Market Discipline in the Banking Industry of Emerging Market Economies 2021 Journal Article
Publication date
2021
Type
Journal Article
Contributors Contributor 0 Contributor Orcid Uri
https://orcid.org/0000-0002-0277-9973
Contributors Contributor 0 Contributor Orcid Host
orcid.org
Contributors Contributor 0 Credit Name
Euphemia Godspower-Akpomiemie
Contributors Contributor 1 Credit Name
Kalu Ojah
Source
Euphemia Godspower-Akpomiemie
Added
2024-06-12
Last modified
2024-06-12
Toggle ORCID item details Effective regulation in emerging market banking industries: twin-peaks versus market discipline plank of basel accord 2018 Dissertation Thesis
Publication date
2018
Type
Dissertation Thesis
Source
Euphemia Godspower-Akpomiemie
Added
2020-02-17
Last modified
2020-02-17
Toggle ORCID item details Comparative analysis of interest rate effects on bank performance in emerging market versus African economies 2017 Journal Article
Publication date
2017
Type
Journal Article
Contributors Contributor 0 Contributor Orcid Uri
https://orcid.org/0000-0002-0277-9973
Contributors Contributor 0 Contributor Orcid Host
orcid.org
Contributors Contributor 0 Credit Name
Euphemia Godspower-Akpomiemie
Contributors Contributor 1 Credit Name
Kalu Ojah
Source
Euphemia Godspower-Akpomiemie
Added
2020-02-17
Last modified
2024-06-12
Toggle ORCID item details Market interest rate fluctuations : impact on the profitability of commercial banks. 2013-02-20 Patent
Publication date
2013-02-20
Type
Patent
Source
Euphemia Godspower-Akpomiemie
Added
2020-02-17
Last modified
2020-02-17
Toggle ORCID item details Money laundering, Tax havens, Transparency and Board of Directors of Banks Book Chapter Book Chapter
Type
Book Chapter
Contributors Contributor 0 Contributor Orcid Uri
https://orcid.org/0000-0002-0277-9973
Contributors Contributor 0 Contributor Orcid Host
orcid.org
Contributors Contributor 0 Credit Name
Euphemia Godspower-Akpomiemie
Contributors Contributor 1 Credit Name
Kalu Ojah
Source
Euphemia Godspower-Akpomiemie
Added
2020-02-17
Last modified
2024-06-12
Toggle ORCID item details The market for corporate control and shareholder versus stakeholder models: Whither developing and emerging market economies? Book Chapter Book Chapter
Type
Book Chapter
Contributors Contributor 0 Contributor Orcid Uri
https://orcid.org/0000-0002-0277-9973
Contributors Contributor 0 Contributor Orcid Host
orcid.org
Contributors Contributor 0 Credit Name
Euphemia Godspower-Akpomiemie
Contributors Contributor 1 Credit Name
Kalu Ojah
Source
Euphemia Godspower-Akpomiemie
Added
2020-02-17
Last modified
2024-06-12
Funding 5
Toggle ORCID item details BankSeta for Doctorate Research BankSeta Grant
Date range
2015-01 to 2015-12
Title
BankSeta for Doctorate Research
Organization
BankSeta
Organization location
Johannesburg, Gauteng, ZA
Type
Grant
Source
Euphemia Godspower-Akpomiemie
Added
2023-02-03
Last modified
2023-02-03
Toggle ORCID item details Post Graduate Merit Award University of the Witwatersrand University of the Witwatersrand Award
Date range
2014-01 to 2014-12
Title
Post Graduate Merit Award University of the Witwatersrand
Organization
University of the Witwatersrand
Organization location
Johannesburg, Gauteng, ZA
ROR
https://ror.org/03rp50x72
Type
Award
Source
Euphemia Godspower-Akpomiemie
Added
2023-02-03
Last modified
2023-02-03
Toggle ORCID item details Ph.D. Thesis Bradlow Foundation Grant
Date range
2016-01 to 2016-12
Title
Ph.D. Thesis
Organization
Bradlow Foundation
Organization location
Johannesburg, Gauteng, ZA
FUNDREF
http://dx.doi.org/10.13039/501100004580
Type
Grant
Short Description
Bradlow founded part of my Ph.D. thesis in the year 2016
Source
Euphemia Godspower-Akpomiemie
Added
2023-02-20
Last modified
2023-02-20
Toggle ORCID item details Ph.D. Thesis National Research Foundation Grant
Date range
2017-01 to 2017-12
Title
Ph.D. Thesis
Organization
National Research Foundation
Organization location
Pretoria, Gauteng, ZA
ROR
https://ror.org/05s0g1g46
Type
Grant
Short Description
National Research Foundation
Source
Euphemia Godspower-Akpomiemie
Added
2023-02-20
Last modified
2023-02-20
Toggle ORCID item details Post Doctorate Fellowship National Research Foundation Grant
Date range
2018-07 to 2020-06
Title
Post Doctorate Fellowship
Organization
National Research Foundation
Organization location
Pretoria, Gauteng, ZA
ROR
https://ror.org/05s0g1g46
Type
Grant
Source
Euphemia Godspower-Akpomiemie
Added
2023-02-20
Last modified
2023-02-20
Professional Activities 1
Toggle ORCID item details 2012-07-01 to present | Golden Key International Honour Society Membership
Date range
2012-07-01 to present
Organization
Golden Key International Honour Society
Organization location
GA, GA, US
FUNDREF
http://dx.doi.org/10.13039/100013093
Source
Euphemia Godspower-Akpomiemie
Added
2019-06-05
Last modified
2019-06-05