Doina C. Chichernea, PhD

I am an Associate Professor of Finance in the Reiman School of Finance at the University of Denver’s Daniels College of Business. Since 2022, I have also served as Director of the MS in Applied Quantitative Finance program.

Before joining the University of Denver in 2017, I spent nine years at the University of Toledo, where I served first as an Assistant Professor and later as an Associate Professor of Finance. I earned my B.B.A. from the Academy of Economic Studies in Bucharest, Romania, an M.B.A. in Finance from the University of Toledo, and a Ph.D. in Finance from the University of Cincinnati. My doctoral dissertation examined the relationship between idiosyncratic risk and stock returns. I currently live in Aurora, Colorado with my husband and son. 

My research is broadly situated in empirical asset pricing. I study how risk, information, firm characteristics, and investor behavior affect security prices and market efficiency. My work spans equity, corporate bonds, and derivatives markets and has examined topics including idiosyncratic risk, accounting information, institutional ownership, short selling, option-trading imbalances, and financial disclosure. My current research explores things like ESG information and corporate bond pricing, firm quality in the corporate bonds market, firm scope and credit markets, and the interaction among asset-pricing anomalies.

I teach undergraduate and graduate courses in investments, financial modeling, and corporate finance. As Director of the MS in Applied Quantitative Finance program, I also work closely with students and faculty to support a rigorous, applied, and quantitatively focused graduate finance education.

A complete list of my publications and current projects is available on the Research page. You can also download my CV here. Here are my Google Scholar, SSRN, ResearchGate, ORCID, and LinkedIn profiles.