Art Durnev

Assistant Professor of Finance at the Faculty of Management at McGill University

Art Durnev, Ph.D, is Assistant Professor of Finance at the Faculty of Management at McGill University, Montreal, Canada and Research Associate at the Institut de Finance Mathématique de Montreal. Dr. Durnev’s research interests are primarily focused on corporate finance, governance, and financial markets development. His work involves empirical investigations of firm governance structures, disclosure policies, insider trading regulation and idiosyncratic volatility.

He has published this work in the Journal of Finance, Journal of Accounting Research, Michigan Law Review, and Economics of Transition. His recent work (To Steal or Not to Steal: Firm Attributes, Legal Environment, and Valuation, published in the Journal of Finance) focuses on firms’ adaptation of better governance and disclosure practices in countries where investor protection laws are weak.

Dr. Durnev, a native of Russia, received a B.A. (Electrical Engineering) from the Moscow State Technical University, an M.A. (Economics) from the New Economic School in Moscow and the Pennsylvania State University, and a Ph.D. (Finance) from the University of Michigan Business School in 2003.

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