Denada Ibrushi

ESG Focused Associate Professor at St. Mary's University


Denada Ibrushi, Ph.D., is an Associate Professor of Finance at the Greehey School of Business at St. Mary’s University. Ibrushi’s research interests span the fields of empirical asset pricing, financial econometrics, and ESG investing. She has presented her work at multiple international conferences. Ibrushi is a design thinker and has attended the Teaching and Learning Studio Summer 2022 at Stanford University.


HEC Montréal

Ph.D, Finance / 2018

Montreal, Quebec, Canada

Boğaziçi University

BS, Finance / 2009



St. Mary's University

Associate Professor / 2019Present

Various Institutions

Researcher / 20112018


Intern / 20102010


Time Variation in Cash Flows and Discount Rates

Journal of Financial Econometrics / Jun 07, 2022

Cenesizoglu, T., & Ibrushi, D. (2022). Time Variation in Cash Flows and Discount Rates. Journal of Financial Econometrics.

Reconsidering systematic factors during the Covid-19 pandemic – The rising importance of ESG

Finance Research Letters / Jan 01, 2021

Díaz, V., Ibrushi, D., & Zhao, J. (2021). Reconsidering systematic factors during the Covid-19 pandemic – The rising importance of ESG. Finance Research Letters, 38, 101870.


Journal of Financial Research / Aug 01, 2020

Cenesizoglu, T., & Ibrushi, D. (2020). PREDICTING SYSTEMATIC RISK WITH MACROECONOMIC AND FINANCIAL VARIABLES. Journal of Financial Research, 43(3), 649–673. Portico.

Research Interests

Economics and Econometrics
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