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Art Durnev
Associate Professor and Director, PhD Program in Finance
Henry B. Tippie Research Fellow
Contact
319-335-2626
Office
S386 Pappajohn Business Building (PBB)
Academic history 
PhD in Finance, University of Michigan, 2003
MSc in Economics, Pennsylvania State University, 1998
MSc in Economics, New Economic School, 1994
Expertise 
Corporate Finance
Corporate Governance
Energy Sector
Exchange Rates
Financial Crises
Politics and Finance
Awards 
G.R.E.A.T. Teaching Award, Executive MBA, University of Iowa, April 2016
G.R.E.A.T. Teaching Award, Executive MBA, University of Iowa, April 2015
Dean's Teaching Award, University of Iowa, April 2014
G.R.E.A.T. Teaching Award, Executive MBA, University of Iowa, April 2014
G.R.E.A.T. Teaching Award, Executive MBA, University of Iowa, April 2013
Selected publications 

Are offshore firms worth more?. Artem A. Durnev, TeiMei Li, Michele Magnan, Journal of Corporate Finance, 2016

Political Uncertainty and IPO Activity: Evidence from US Gubernatorial Elections. Gonul Colak , Artem A. Durnev, Yiming Qian, Journal of Financial and Quantitative Analysis (forthcoming)

Politics, instability, and composition of international investment flows. Artem A. Durnev, Ruben Enikolopov, Maria Petrova, Veronica Santarosa, Journal of Corporate Finance, 2016

Foreign Risk-Domestic Problem: Capital Allocation and Firm Performance under Political Instability. Artem A. Durnev, Burcin Col, Alexander Molchanov, Management Science (forthcoming)

Precarious Politics and Return Volatility. Artem A. Durnev, Maria Boutchkova, Hitesh Doshi, Alexander Molchanov, Review of Financial Studies, 2012, vol 25, 1111-1154

Corporate Investments: Learning from Accounting Restatements. Artem A. Durnev, Claudine Mangen, Journal of Accounting Research, 2009, vol 47, 679-720

Property Rights Protection, Corporate Transparency, and Growth. Artem A. Durnev, Vihang Errunza, Alexander Molchanov, Journal of International Business Studies, 2009, vol 40, 1533-1562

Does Insider Trading Regulation Deter Private Information Trading? International Evidence. Artem A. Durnev, Amrita Nain, Pacific-Basin Finance Journal, 2007, vol 15, 409-433

Explaining Differences in the Quality of Governance Among Companies: Evidence from Emerging Markets. Artem A. Durnev, E Han Kim, Journal of Applied Corporate Finance, 2007, vol 19, 16-24

The Effectiveness of Insider Trading Regulation: International Evidence. Artem A. Durnev, Amrita Nain, Journal of Institutional Comparisons, 2007, vol 1, 1-27

Capital Markets in Transition. Artem A. Durnev, UNDP Development and Transition Newsletter, 2006, 9-11

To Steal or Not to Steal: Firm Attributes, Legal Environment, and Valuation. Artem A. Durnev, E Han Kim, Journal of Finance, 2005, vol 60, 1461-1493

Capital Markets and Capital Allocation: Implications for Economies in Transition. Artem A. Durnev, Randall Morck, Bernard Yeung, Kan Li, The Economics of Transition, 2004, vol 12

Value Enhancing Capital Budgeting and Firm-specific Stock Return Variation. Artem A. Durnev, Randall Morck, Bernard Yeung, Journal of Finance, 2004, vol 59, 65-105

Does Greater Firm-specific Return Variation Mean More or Less Informed Stock Pricing?. Artem A. Durnev, Randall Morck, Bernard Yeung, Paul Zarowin, Journal of Accounting Research, 2003, vol 41, 797-836

Law, Share Price Accuracy, and Economic Performance: The New Evidence. Artem A. Durnev, Merritt Fox, Randall Morck, Bernard Yeung, Michigan Law Review, 2003, vol 102, 331-386

Working papers 

Corporate Social Responsibility and Asset Pricing. Artem A. Durnev, Rui Albuquerque, Yrjo Koskinen

Foreign Risk-Domestic Problem: Trade, Politics, and Capital Allocation. Artem A. Durnev, Burcin Col, Alexander Molchanov

Stealing from Thieves: Expropriation Risk, Firm Governance and Performance. Artem A. Durnev, Lary Fauver

Current and prior positions 
Associate Professor, Department of Finance, Henry B. Tippie College of Business, The University of Iowa, August 2013 - Present
Assistant Professor, Department of Finance, Henry B. Tippie College of Business, The University of Iowa, August 2011 - July 2013
Visiting Professor, New Economic School, Moscow, 2012
Assistant Professor, Department of Finance, Henry B. Tippie College of Business, The University of Iowa, 2011 - 2012
Research Affiliate, Institut de Finance Mathematique de Montreal (IFM2), 2005 - 2012
Assistant Professor of Finance, Desautels School of Management, McGill University, 2005 - 2011
Visiting Professor, SKPLKOVO Moscow School of Management, 2010
Visiting Scholar, New Economic School, Moscow, February 2009
Assistant Professor of Finance, University of Miami, 2003 - 2005
Visiting Scholar, Joseph L. Rotman School of Management, University of Toronto, September 2004 - October 2004
Visiting Scholar, International Business Institute, Stern School of Business, New York University, May 2004
Review and editorial work 

Associate Editor, International Review of Finance, January 2014 - January 2016