Rustam Zufarov, PhD
Assistant Professor
Department of Accounting
Contact
Building & Room:
UH 2325
Address:
601 S. Morgan St., Chicago, IL 60607
Email:
CV Link:
Related Sites:
About
Rustam Zufarov, PhD is an Assistant Professor of Accounting at the University of Illinois Chicago (UIC) College of Business Administration. An award-winning researcher in corporate disclosure and financial economics, his scholarship focuses on the strategic deployment of proprietary information, private loan contract engineering, equity financing structures, and the valuation of restricted securities.
Dr. Zufarov joined the UIC Department of Accounting in 2020. His research has earned top disciplinary honors, including the prestigious American Accounting Association (AAA) Competitive Manuscript Award and the Ernst & Young Research Award. His work is published in premier, peer-reviewed business journals such as Management Science, The Accounting Review, Review of Accounting Studies, and the Journal of Financial and Quantitative Analysis. Prior to entering academia, he gained corporate experience in public accounting as an auditor for Deloitte & Touche LLP and as a tax associate. He holds a PhD in Accounting and an MA in Business Administration from Rice University, alongside an MS and BS in Accounting from Minnesota State University, Mankato.
Selected Publications
- Akins, B., De Angelis, D., & Zufarov, R. (Forthcoming). Blocking block-formation: Evidence from private loan contracts. Management Science
– 2019 Financial Management Association Annual Meeting Semi-Finalist for Best Paper Prize. - Zufarov, R. (2025). Revealed proprietary information disclosure. The Accounting Review, 100(2), 441–472.
– Winner of the 2023 American Accounting Association Competitive Manuscript Award. - Floros, I. V., Sivaramakrishnan, K., & Zufarov, R. (2024). Proprietary costs and the equity financing choice. Review of Accounting Studies, 29, 1276–1319.
- Umar, T., Yimfor, E., & Zufarov, R. (2023). Discounting restricted securities. Journal of Financial and Quantitative Analysis, 58(1), 419–448.
Notable Honors
2024, Financial Accounting and Reporting Section Excellence in Reviewing Award, American Accounting Association
2024, Honoring Our Professors’ Excellence Award, University of Illinois Chicago
2023, Competitive Manuscript Award, American Accounting Association
2023, Competitive Manuscript Award, American Accounting Association
2019, Doctoral Consortium Fellow, AAA/Deloitte/J. Michael Cook
2018, Doctoral Consortium Fellow, AAA Financial Accounting and Reporting Section
Education
PhD Accounting — Rice University, 2020
MA Business Administration — Rice University, 2020
MS Accounting — Minnesota State University, Mankato, 2014
BS Accounting — Minnesota State University, Mankato, 2012