Dr Azimjon Kuvandikov

EBS - Accounting
Dr Azimjon Kuvandikov



Azimjon Kuvandikov is an interdisciplinary researcher in accounting, management and corporate governance. He holds a PhD in Management from York Management School, University of York (UK) and a MA in Accounting and Finance from Lancaster University Management School, Lancaster University (UK). He teaches Financial Accounting, Management Accounting and Corporate Governance courses at Essex Business School, University of Essex (UK). His research interests include the governance roles of the boards of directors, activist shareholders, managerial equity ownership, market for corporate control, employment and performance impacts of M&As and other corporate restructurings. He has published in several academic journals, such as British Journal of Industrial Relations, British Journal of Management and Journal of Business Research. Before starting his academic career, Azimjon worked in one of the top four international accounting firms, where he provided financial consulting in the areas of accounting, auditing and company restructuring.


  • Ph.D. in Management University of York,

  • M.A. in Accounting and Finance Lancaster University,

  • B.A. (Hons) in Accounting Tashkent State University of Economics,

Research and professional activities

Research interests

Corporate Governance

Open to supervise

Mergers and Acquisitions

Open to supervise

Board of directors

Open to supervise

Institutional investors

Open to supervise

Activist shareholders

Open to supervise

Executive equity ownership

Open to supervise

Conferences and presentations

"The Impact of Institutional-blockholders on Post-merger Downsizing"

The 5th Annual ICGS Conference: Corporate Governance in Changing Institutional Environments, Colchester, United Kingdom, 12/10/2019

"The Impact of Institutional-blockholders on Post-merger Downsizing"

"DRIVING PRODUCTIVITY IN UNCERTAIN AND CHALLENGING TIMES" 32nd Annual Conference of The British Academy of Management (BAM) 2018, Bristol, United Kingdom, 5/9/2018

The International Conference on Applied Research in Economics and Finance (iCare 2016), "Do mergers and acquisitions create shareholder value at the expense of employees?".

The International Conference on Applied Research in Economics and Finance (iCare 2016), September 2016., Colchester, United Kingdom, 15/9/2016

EURAM 2014 Conference (Valencia, Spain), "Shareholders, managers and employees: rent transfer or rent sharing in corporate takeovers"

EURAM 2014, Valencia, Spain, 11/6/2014

EURAM 2013 Conference (Istanbul, Turkey), "Labour productivity consequences of mergers and acquisitions".

Istanbul, Turkey, 26/6/2013

BAFA 2012 Conference (London, UK), "Operating performance consequences of different types of mergers and acquisitions".

London, United Kingdom, 9/4/2012

BAM 2011 Conference (Birmingham, UK) "Shareholders, managers and employees: rent transfer or rent sharing in corporate takeovers".

Birmingham, United Kingdom, 12/4/2011

Teaching and supervision

Current teaching responsibilities

  • Financial Reporting and Analysis (BE110)

  • Corporate Governance (BE139)

  • Cases in Corporate Governance (BE156)

  • Student Success Tutorial (BE916)

Previous supervision

Adetunji Monsurudeen Idowu
Adetunji Monsurudeen Idowu
Thesis title: Corporate Governance and Firm Financial Performance: The Nigerian Evidence
Degree subject: Accounting
Degree type: Doctor of Philosophy
Awarded date: 25/6/2018
Wafa Abdulaziz A Alnasrallah
Wafa Abdulaziz A Alnasrallah
Degree subject: Accounting
Degree type: Master of Research
Awarded date: 1/10/2014


Journal articles (3)

Malikov, K., Demirbag, M., Kuvandikov, A. and Manson, S., (2021). Workforce reductions and post-merger operating performance: The role of corporate governance. Journal of Business Research. 122, 109-120

Kuvandikov, A., Pendleton, A. and Higgins, D., (2020). The Effect of Mergers and Acquisitions on Employees: Wealth Transfer, Gain-Sharing or Pain-Sharing?. British Journal of Management. 31 (3), 547-567

Kuvandikov, A., Pendleton, A. and Higgins, D., (2014). Employment Change after Takeovers: The Role of Executive Ownership. British Journal of Industrial Relations. 52 (2), 191-236

+44 (0) 1206 874409


EBS.3.78, Colchester Campus