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Dr. Martha O'Hagan Luff

Dr. Martha O'Hagan Luff

Associate Professor, Trinity Business School

3531896 4982

Biography

Professor Martha O"Hagan is an Associate Professor of Finance, a Fellow of TCD, and the Director of Undergraduate Teaching and Learning in Trinity Business School. She holds a BA in Economics, an MSc in Finance from Trinity College and a PhD in International Finance. Her research is in the area of Behavioural Finance, Entrepreneurship and Sustainable Finance, with a particular focus on financing nature restoration. She has published articles in the British Journal of Management, the Cambridge Journal of Economics, Small Business Economics, Ecosystem Services and Forest Policy and Economics. She is currently involved in several research projects in the area of funding nature restoration and conservation and is part of the Business and Nature Hub. Current research projects are ReFarm www.refarm.ie, FOREST https://www.tcd.ie/e3/forest/, FarmCredit https://www.farmcreditproject.com/and INVESTGREEN. She is on the advisory board of the AIB Trinity Climate Hub and on the Steering Committee of Natural Capital Ireland.

Prior to completing her PhD Professor O"Hagan worked in Investment Banking in London and Dublin, for Bank of America, Credit Suisse First Boston and Bank of Ireland Global Markets. Her area of specialisation was derivatives and financial engineering.

Professor O"Hagan has received multiple teaching awards - the Provost"s Teaching Excellence Award, a Teaching Hero Award and has received the Trinity Business School Teaching Excellence Award every year since 2018.

Publications and Further Research Outputs

  • O'Hagan-Luff, Martha; Berrill, Jenny, Why Stay-at-Home Investing Makes Sense, International Review of Financial Analysis, 38, 2015, p1 - 14Journal Article, 2015, DOI , URL , TARA - Full Text
  • Martha O'Hagan-Luff, Jenny Berrill, US firms - How global are they? A longitudinal study, International Review of Financial Analysis, 44, (1), 2016, p1 - 45Journal Article, 2016, DOI
  • Berrill, Jenny, Kearney, Colm & O'Hagan-Luff, Martha, The Diversification Benefits of Highly and Rapidly Internationalising Firms, Infiniti Conference, Ljubljana, June 2016, 2016Conference Paper, 2016
  • Berrill, Jenny, Martha O'Hagan-Luff & Andre Van Stel, The moderating role of education in the relationship between FDI and entrepreneurial activity, Small Business Economics, 2018Journal Article, 2018, DOI , TARA - Full Text
  • Martha O'Hagan-Luff and Jenny Berrill, The international diversification benefits of U.S.‐traded equity products, International Journal of Finance and Economics, 2018Journal Article, 2018, DOI , TARA - Full Text
  • Cormac Mullen and Martha O'Hagan-Luff, Alphabet Soup: The Relationship between Multinationality and Firm Performance, Transnational Corporations Review, 2018Journal Article, 2018, DOI , TARA - Full Text
  • Berrill, J., Kearney, C. and O'Hagan-Luff, M. , Measuring the Diversification Benefits of Investing in Highly Internationalised Firms, International Business Review, 28, (4), 2019, p672 - 684Journal Article, 2019, DOI , TARA - Full Text
  • Jessica Geiger, Martha O'Hagan-Luff, How global are German corporations? An empirical investigation, Global Business and Economics Review, 2019Journal Article, 2019, DOI , TARA - Full Text
  • Martha O'Hagan-Luff, Jenny Berrill, Brian Lucey, Should We Invest More in Multinational Companies (MNCs) when Domestic Markets Decline?, Journal of Investment Strategies, 2019Journal Article, 2019, TARA - Full Text
  • Berrill, J., Cassells, D, O'Hagan-Luff, M. and Van Stel, A., The relationship between financial distress and well-being: Exploring the role of self-employment, International Small Business Journal, 39, (4), 2021, p330 - 349Journal Article, 2021
  • Di Pietro, F., Monaghan, S. & O'Hagan-Luff, M., Entrepreneurial Finance and HRM Practices in Small Firms, British Journal of Management, 2021Journal Article, 2021, DOI , TARA - Full Text
  • Jenny Berrill, Domenico Campa, Martha O'Hagan-Luff. , Firm diversification and earnings management strategies: European evidence., International Review of Financial Analysis, 2021Journal Article, 2021, DOI , TARA - Full Text
  • Jenny Berrill, Martha O'Hagan-Luff, Andre van Stel, Analyzing the relationship between inward FDI, education and entrepreneurial activity at the macro-level, Revista Economia Laboral, 2021Journal Article, 2021, TARA - Full Text
  • Ben Lynch, Martha O'Hagan-Luff, Finally, it seems to be working-the evolving valuation effect of the European Union's emissions trading system, The European Journal of Finance, 30, (3), 2023, p229 - 248, p229-248Journal Article, 2023, DOI
  • Ben Lynch, Martha O'Hagan-Luff, Relative corporate social performance and cost of equity capital: International evidence, International Journal of Finance & Economics, 2023Journal Article, 2023, DOI
  • J Cie"lik, E Nolan, M O'Hagan-Luff, A van Stel, Overconfidence among solo entrepreneurs: the role of national culture, the Journal of Small Business and Enterprise Development, 2023Journal Article, 2023, DOI
  • Irina Bevza and Martha O'Hagan-Luff, How Does Shareholding by Passive Institutional Investors Impact the Corporate Governance of European Firms?, Corporate Governance: An International Review, 2024Journal Article, 2024, DOI
  • B Hoogendoorn, M O'Hagan-Luff, S Ramezani, A van Stel, Does self-employment provide a bridge to retirement?, Cambridge Journal of Economics, 48, (4), 2024, p767 - 784Journal Article, 2024, DOI
  • Perceptions of the self-employed and wage-employed regarding institutional conditions affecting entrepreneurship in, 2024, [D Bögenhold, M O'Hagan-Luff, Z Parastuty, A van Stel]Book Chapter, 2024, DOI
  • Laqiqige Zhu and Martha O'Hagan-Luff, Investigating barriers to afforestation in Ireland: Insights from a choice experiment survey, Forest Policy and Economics, 182, 2026Journal Article, 2026
  • Alina Sawy, Dieter Bögenhold, Martha O'Hagan-Luff, André van Stel, `I am my business': Solo entrepreneurs' self-presentation on social media, Journal of Management & Organization, 31, (6), 2025, p2726 - 2747Journal Article, 2025, DOI
  • Zhu L., O'Hagan-Luff M., Valuing the invaluable: a review of economic valuations of forest biodiversity, Ecosystem Services, 78, 2026Journal Article, 2026, DOI
  • Wylie N., O'Hagan-Luff M., An Investigation of the Relationship Between Central Bank Unconventional Monetary Policy and Bitcoin Activity, International Journal of Finance and Economics, 2026Journal Article, 2026, DOI
  • The Cost of Sustainability Reporting: Are Investors Charged Twice for Sustainability-Related Disclosures? in, Springer Nature Switzerland, 2026, pp233-254 , [Bevza, Irina, O"Hagan-Luff, Martha]Book Chapter, 2026, DOI
  • Risk-Return Management in Sustainable Finance: Collateral Basket Challenges for Synthetically Replicated Sustainability-Linked ETFs in a European Context in, Springer Nature Switzerland, 2026, pp393-411 , [Bevza, Irina, O"Hagan-Luff, Martha]Book Chapter, 2026, DOI
  • Farrell, CA, White, C, et al., Aligning nature sustainability reporting requirements across national, business and farm scale: lessons from Ireland, Journal of Environmental Management, 409, 2026Journal Article, 2026
  • Wylie N., O'Hagan-Luff M., A qualitative assessment of quantitative easing sentiment, Economic Inquiry, 2026Journal Article, 2026, DOI
  • Zhu L., O'Hagan-Luff M., Applying real options theory to farmers" afforestation decisions in Ireland, Land Use Policy, 168, 2026Journal Article, 2026, DOI

Research Expertise

  • Title
    PhD Studentship
    Summary
    Funding Agency
    Trinity Business School
    Date From
    2011
    Date To
    2014
  • Title
    Antecedents of Senior Entrepreneurship
    Summary
    Funding Agency
    TCD Visiting Professor Funding
    Date From
    2019
    Date To
    2020
  • Title
    ERC Teaching Buy Out
    Summary
    Project: funding in support of application for ERC application InvestGreen
    Funding Agency
    TCD
  • Title
    TRISS Fellowship
    Summary
    Green Labelling Investment Funds
    Funding Agency
    TRISS
    Date From
    2021
    Date To
    2022
  • Title
    ERC Enterprise Ireland Grant Funding
    Summary
    InvestGreen
    Funding Agency
    Enterprise Ireland
    Date From
    2020
    Date To
    2021
  • Title
    Forest
    Summary
    Forest, linking nature and society.
    Funding Agency
    Kinsella E3 Funding
    Date From
    September 2021
    Date To
    September 2025
  • Title
    Government of Ireland PhD Scholarship
    Summary
    Home Bias in Investment Portfolios
    Funding Agency
    Irish Research Council
  • Title
    Sustainable Investments in Pension Funds
    Summary
    Funding Agency
    TCD Benefaction Fund
    Date From
    2020
    Date To
    2021
  • Title
    Provost Research Award
    Summary
    The risk reduction benefits of Green Bonds
    Funding Agency
    Trinity College Dublin
    Date From
    2019
    Date To
    2023
  • Title
    Green Bond Issuance, the impact on risk
    Summary
    Funding Agency
    TCD Benefaction Fund
    Date From
    2018
    Date To
    2019
  • Title
    Innovations in FinTech
    Summary
    Funding Agency
    TCD Benefaction Fund
    Date From
    2019
    Date To
    2020

Economics and Business Administration,

Recognition

  • Trinity Business School Teaching Excellence Award June 2020
  • Winner of Provost Teaching Award June 2020
  • Teaching Hero Award June 2021
  • Trinity Business School Teaching Excellence Award June 2018
  • Provost's Research Award Jan 2019
  • Trinity Business School Teaching Excellence Award 2022
  • Trinity Business School Teaching Excellence Award 2023
  • Shortlisted Provost Teaching Award June 2019
  • Trinity Business School Teaching Excellence Award June 2019
  • Trinity Business School Teaching Excellence Award June 2021
  • Government of Ireland Postgraduate Scholarship - Irish Research Council 2011 - 2014
  • Studentship Trinity Business School 2011 - 2014
  • School Award for Excellence in Research Supervision 2023
  • Natural Capital Ireland Steering Committee
  • Panel Organiser for Trinity Global Business Forum 2017
  • Journal Reviewer for International Review of Financial Analysis 2014
  • External Examiner to Adam Smith Business School, Glasgow 2018
  • Organising Committee for European Academy of Management conference in June 2020 May 2019
  • Reviewer for Research in International Business and Finance 2018
  • Co-editor of Special Interest Group on Entrepreneurship at EURAM2020 2019
  • Co-editor of special issue of International Review of Entrepreneurship 2020
  • Academic Mentor for Chartered Financial Analyst Institute 2014
  • Organising Committee for European Academy of Management conference in June 2020 May 2019
  • Reviewer for Research in International Business and Finance 2018
  • External Examiner to Adam Smith Business School, Glasgow 2018
  • Reviewer for Small Business Economics 2018
  • Co-editor of Special Interest Group on Entrepreneurship at EURAM2020 2019
  • Academic Mentor for Chartered Financial Analyst Institute 2014
  • Co-editor of special issue of International Review of Entrepreneurship 2020
  • Journal Reviewer for International Review of Financial Analysis 2014
  • Panel Organiser for Trinity Global Business Forum 2017
  • Reviewer for Small Business Economics 2018