Our people

Our people


Professor Martina Linnenluecke

Professor Martina Linnenluecke's research interests focus on the strategic and financial implications of corporate adaptation and resilience to climate change impacts. Martina is the author of The Climate Resilient Organization and has extensive experience in working with government and industry on organisational climate adaptation strategies, assessments and planning.

Deputy Director

Dr Layla Branicki

Dr Layla Branicki is an interdisciplinary researcher specialising in individual and organisational resilience and the factors that enable people and businesses to cope with extreme events. Layla has a strong track record in winning and successfully delivering funded interdisciplinary research. She was a co-investigator on the first major project in the United Kingdom to examine the existing capacity of organisations, and networks of organisations, to manage emergencies. She was a co-investigator on the Engineering and Physical Sciences Research Council funded project 'Game Theory and Adaptive Networks for Smart Evacuations' and a workstream lead on the Economic and Social Research Council funded project 'The Summer After the Floods'.

Key Academic Staff

Dr Di Bu

Di Bu is a Senior Lecturer at Macquarie University. Her primary research interest areas are credit risk modelling, financial econometrics, hedge funds and environmental finance.  His current research focuses on liquidity risk and expected returns, credit risk modelling with volatility forecasting, as well as climate change uncertainty in cross-sectional stock returns.

Dr Dan Daugaard

Dan Daugaard is a Senior Lecturer Finance at Macquarie University in Applied Finance postgraduate programs. His research focuses on ESG (Environmental, Social and Governance) ratings. He is currently supervising students writing industry cases, introducing portfolio management platforms into the classroom, trialling phone apps for in-class polling tools, and introducing ethics materials into the curriculum. Dan is involved in university and industry committees, including:

  • Academic representative on Faculty of Business and Economics Academic Promotions Committee
  • McGraw-Hill Education Advisor – improving educational practice and outcomes
  • Director of the CFA partnership program – Macquarie University
  • Program Director – Funds & Wealth Management Stream

Dr Jianlei Han

Dr Jianlei Han joined Macquarie University in February 2018. He completed his PhD in finance at the University of Queensland and was the lecturer at the School of Business and Economics, University of Tasmania. He obtained a masters degree in statistics from Renmin University of China and a bachelor degree in applied mathematics and statistics from Tongji University (China). Jianlei’s current research interests include economic policy uncertainty, environmental finance, and empirical corporate finance.

Dr James Hazelton

Dr James Hazelton is an Associate Professor in the Department of Accounting and Corporate Governance at Macquarie University. James specialises in business ethics and sustainability and has consulted, researched and taught extensively in these areas. For example, he led a team engaged by the Australian Bureau of Meteorology to analyse the benefits of adopting national water accounting standards and was part of a team engaged by the NSW Office of Environment and Heritage to develop energy efficiency training for the accounting profession. James developed and teaches the undergraduate unit Measuring Sustainability and has developed and teaches undergraduate and postgraduate units in business ethics. His current projects include the use of General Purpose Accounting reports by the NSW Office of Water, accounting for mercury under the Minamata Convention, accounting for carbon emissions by cities, accounting for (in)equity, the disclosure of corporate political donations and the development of optimum habits for professional excellence. Prior to his academic career, James worked for Price Waterhouse Coopers on audit and risk management.

Dr Terry Pan

Dr Zheyao (Terry) Pan joined Macquarie University in December 2017. He completed his PhD in finance at the University of Queensland and was a lecturer in the Department of Accountancy and Finance, University of Otago (New Zealand). He obtained a masters degree in economics from Xiamen University (China) and a bachelor degree in economics from Southwestern University of Finance and Economics (China). Terry’s current research interests include asset pricing tests, environmental finance, and empirical corporate finance.

Dr Abhay Singh

Abhay Singh is a Senior Lecturer/Director, Finance Decision Lab, Department of Applied Science and Actuarial Studies at Macquarie University. He is a quantitative researcher in data analytics, social media analytics and finance. Abhay is particularly interested in new quantitative market risk models, econometrics and portfolio management, text mining, and social media analytics. He is experienced with modelling risk measures like VaR, CVaR, and multivariate dependence structures as well as in text analysis including, sentiment analysis, topic modelling, and clustering.

Associate Professor Clara Zhou

Associate Professor Clara Zhou has expertise in environmental finance, corporate finance and investment. Her specific research interests include the connection of these areas with asset pricing, cost of capital, risk management, liquidity and equity return. Her recent research agenda focuses on corporate capital structure instability and corporate business model changes, as well as big data analytics of corporate reports and media coverage.

International collaborations

We have established successful collaborations with leading experts – including Professor Bob Whaley (Vanderbilt University, United States), Professor Baljit Sidhu (University of Sydney) and Professor Matthew Richardson (New York University Stern School of Business) – and with a research network of colleagues across Europe, North America and Australasia. There are 9 PhD students in the area who are being supervised by the Macquarie-based team.

Research Students

  • June Cao
    The Influence of Formal and Informal Chinese Institutional Environments on Intended and Unintended Consequences of IFRS Convergence
  • Yi Ding
    Environmental alpha, beta and delta
  • Martin Groen
    Zero growth: Implications for economic demand and the global financial system
  • Danny Zhao Xiang Huang
    Doing good and good returns – how and to what extent does developing and implementing ESG (environment, social, governance) principles impact the profitability and cost of capital of firms?
  • Vincent Maxwell
    Cleantech: Economic adaptation or appropriation
  • Bruce Mortimer
    Long-range planning in Australia's urban water sector – how do business leaders integrate strategic analysis into decision making
  • Roxana Pincheira
    Environmental risk: Planetary boundaries and implications for capital markets
  • Anguo Wang
    Real options and clean technology opportunities
  • Luluk Widyawati  
    The role of sustainability reporting in improving corporate performance
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