Dr Md Shahidul Islam

EBS - Accounting
Dr Md Shahidul Islam



Dr Shahidul Islam is a Lecturer in Accounting at Essex Business School. Prior to University of Essex, Shahidul held academic roles at Universities of Suffolk, De Montfort, Coventry and Dhaka. Shahidul obtained his PhD in Accounting from Cardiff University and MSc in Accounting and Finance from University of Manchester, both fully funded with prestigious scholarships. His research interests include corporate governance and sustainability performance, carbon finance, corporate political connections, executive characteristics, financial distress, stakeholder misconduct and violations, and audit regulations. Shahidul has presented his research papers in the reputed national and international research conferences such as the British Accounting and Finance Association (BAFA) and Journal of Corporate Finance conference at EDHEC Business School in Paris. Shahidul published his research papers in leading internationally excellent peer-reviewed journals, including International Review of Financial Analysis; Review of Quantitative Finance and Accounting; Journal of Financial Stability; Energy Economics; International Journal of Finance and Economics; and Business Strategy and the Environment. Shahidul is a fellow of the UK's Higher Education Academy and a member of BAFA. As a module leader, lecturer and tutor, Shahidul has taught a wide range of modules both at undergraduate and postgraduate levels, including accounting (Financial and Management Accounting, Taxation, Auditing, IFRS-based Accounting and Quantitative Research Methods in Accounting and Finance), finance (Corporate Finance, and Financial Management) modules at a number of universities in the UK and Bangladesh. Prior to joining the academia, Shahidul's career started as a banker at Standard Chartered, a British multinational, for one year in 2006.


  • PhD in Accounting Cardiff University,

  • MSc in Accounting and Finance University of Manchester,

  • MBA with Major in Accounting University of Dhaka,

  • BBA (Hon's) in Accounting University of Dhaka,


University of Essex

  • Lecturer (Assistant Professor) in Accounting, University of Essex (1/8/2022 - present)

Other academic

  • Lecturer in Accounting, Suffolk Business School, University of Suffolk (2/2019 - 8/2022)

  • Lecturer in Accounting and Finance, Faculty of Business and Law, De Montfort University (1/9/2018 - 1/2/2019)

  • Lecturer in Accounting, Coventry Business School, Coventry University (1/9/2016 - 1/8/2018)

  • Graduate Teaching Assistant, Cardiff Business School, Cardiff University (1/9/2013 - 1/6/2014)

  • Assistant Professor of Accounting, Faculty of Business Studies, University of Dhaka (1/7/2011 - 1/8/2016)

  • Lecturer in Accounting, Faculty of Business Studies, University of Dhaka (1/7/2007 - 1/6/2011)

Research and professional activities

Research interests

Corporate political connection

Corporate environmental and sustainability performance

Stakeholder accountability and violation

Financial distress and bankruptcy

Teaching and supervision

Current teaching responsibilities

  • Financial Reporting and Analysis (BE110)

  • Taxation Policy and Practice (BE142)

  • Professional and Academic Development (Accounting) (BE907)

  • Accounting Project (BE936)


Journal articles (8)

Atif, M., Alam, MS. and Islam, MS., (2023). Firm‐level energy and carbon performance: Does sustainable investment matter?. Business Strategy and the Environment. 32 (4), 2275-2295

Alam, MS., Atif, M., Cumming, D. and Islam, MS., (2023). The impact of board gender composition on loan covenant violations. Corporate Governance

Hasan, SB., Alam, MS., Paramati, SR. and Islam, MS., (2022). Does firm-level political risk affect cash holdings?. Review of Quantitative Finance and Accounting. 59 (1), 311-337

Islam, MS., Alam, MS., Mollah, S. and Hasan, MB., (2022). Firm-level political risk and distance-to-default. Journal of Financial Stability. 63, 101082-101082

Safiullah, M., Alam, MS. and Islam, MS., (2022). Do all institutional investors care about corporate carbon emissions?. Energy Economics. 115, 106376-106376

Alam, MS., Safiullah, M. and Islam, MS., (2022). Cash-rich firms and carbon emissions. International Review of Financial Analysis. 81, 102106-102106

Alam, MS., Islam, MS., Shahzad, SJH. and Bilal, S., (2021). Rapid rise of life expectancy in Bangladesh: Does financial development matter?. International Journal of Finance and Economics. 26 (4), 4918-4931

Azim, MI., Ahmed, S. and Islam, MS., (2009). Corporate Social Reporting Practice: Evidence from Listed Companies in Bangladesh. Journal of Asia-Pacific Business. 10 (2), 130-145

Grants and funding


THRREADS: Transforming Responsive and Relational Autonomy in the Garment Sector of the United Kingdom and Bangladesh

Economic and Social Research Council

+44 (0) 1206 873023


EBS.3.127G, Colchester Campus