Division: Finance

Location: Room 2.07, Alun

Telephone: 01248 388790

E-mail: a.orujov@bangor.ac.uk

Lecturer in Finance

Ayan Orujov is a Lecturer in Finance at Bangor Business School.

Ayan has completed his PhD on the “Value of Political Connections in the UK” at the University of Bristol in 2015. His current research continues to involve the issues of political connections as well as executive compensation and corporate governance in general. In addition, he is interested in retail investor behaviour  particularly with respect to sustainability.

Ayan is also a member of the Credit Risk and Accounting and Governance themed groups of the Institute of European Finance.

Qualifications

• PhD Finance, University of Bristol
• MSc Finance and Investment, University of Bristol
• Applied Mathematics and Cybernetics, Baku State University (Baku, Azerbaijan)
• PGCertHE, Bangor University

Current research interests

• Retail investors
• Robinhood and fintech
• Corporate sustainability
• Corporate political activism
• Investor welfare

Past research interests

• Corporate Finance
• Corporate Governance
• Political risk
• Director compensation

Current Teaching

• ASB 3210 Advanced Corporate Finance
• ASB 1117 Financial Techniques and Analysis
• ASB 9032 Corporate Finance (Chartered Banker MBA)

• Other: Postgraduate Certificate in Higher Education (PgCERT)
  Bangor University, 2017–2019
• PhD: Finance
  University of Bristol, 2011–2016
• MSc: Finance and Investment
  University of Bristol, 2010–2012
• BSc: Applied mathematics and cybernetics
  Baku State University, 2006–2010

2023

• PublishedCorporate Socio-political Activism and Retail Investors: Evidence from the Black Lives Matter Campaign
  Brownen-Trinh, R. & Orujov, A., Jun 2023, In: Journal of Corporate Finance. 80, 102417.
  Research output: Contribution to journal › Article › peer-review
• PublishedRealizing Gender Diversity on Corporate Boards
  Kang, W., Ashton, J., Orujov, A. & Wang, Y., May 2023, In: International Journal of the Economics of Business. 30, 1, p. 1-29
  Research output: Contribution to journal › Article › peer-review
• PublishedSchadenfreude or Support for the Underdog?: How Unexpected Sporting Outcomes Influence Retail Investor Behaviour
  Jones, L. & Orujov, A., 19 Apr 2023, Social Science Research Network (SSRN), p. 1, 44 p.
  Research output: Working paper

2021

• PublishedCorporate support for black lives matter: Determinants and effects on retail investors
  Brownen-Trinh, R. & Orujov, A., May 2021.
  Research output: Contribution to conference › Paper › peer-review
• UnpublishedSupply or Demand? An Investigation into the Causes of Gender Inequality in Corporate Boards
  Orujov, A., Ashton, J. & Kang, W., 2021, (Unpublished).
  Research output: Working paper

2020

• PublishedCorporate Support for Black Lives Matter: Determinants and Effects on Retail Investors
  Brownen-Trinh, R. & Orujov, A., 15 Dec 2020, Social Science Research Network (SSRN).
  Research output: Working paper

2018

• PublishedPolitical donations and political risk in the UK: Evidence from a closely-fought election
  Acker, D., Orujov, A. & Simpson, H., Jul 2018, In: Journal of Banking and Finance. 92, p. 146-167
  Research output: Contribution to journal › Article › peer-review

2016

• PublishedThe Corporate Value of the Old School Tie: Political and Educational Networks in the UK
  Acker, D., Orujov, A. & Simpson, H., Mar 2016.
  Research output: Contribution to conference › Paper › peer-review

2021

• Applied Economics (Journal)

  2021 →

  Activity: Publication peer-review (Editorial board member)
• British Accounting Review (Journal)

  2021 →

  Activity: Publication peer-review (Editorial board member)
• International Review of Financial Analysis (Journal)

  2021 →

  Activity: Publication peer-review (Editorial board member)
• Journal of Corporate Finance (Journal)

  2021 →

  Activity: Publication peer-review (Editorial board member)

2019

• Waleed Idrees PhD examination - Internal Examiner

  2019

  Activity: Examination (Examiner)