Office: RSB 324
Phone: (804) 287-6399
Fax: (804) 289-8878
Email: tarnold@richmond.edu

Teaching:
Principles of Finance
Corporate Finance
Investments
Derivative Securities
Entrepreneurial Finance

Research:
Market Microstructure
Real Options
Corporate Valuation
Finance Pedagogy

Education:
BA, LaSalle University
MS, Temple University
PhD, University of Georgia

Selected Publications:

Evidence of Informed Trading in Options Markets Preceding Tender Offer Announcements with Gayle R. Erwin, Lance A. Nail, and Terry D. Nixon, International Review of Financial Analysis (Volume 15, 2006); Getting More Out of Two Asset Portfolios with Lance A. Nail and Terry D. Nixon, Journal of Applied Finance (Volume 16, Number 1, 2006); Using GMM to Flatten the Volatility Smile, Research in International Business and Finance (Volume 20, March 2006); The Information Content of Short Interest: A Natural Experiment with Alexander Butler, Timothy Crack, and Yan Zhang, Journal of Business (Volume 78, Number 4, 2005); Using WACC to Value Real Options with Timothy Crack, Financial Analysts Journal (Volume 60, November/December 2004); Impact: What Influences Finance Research? with Alexander Butler, Timothy Crack, and Ayca Altintig, Journal of Business (Volume 76, Number 2, 2003) 

Link to Associate Professor Arnolod's articles in The Investment Professional.

Academic and Professional Activities:
Member of Financial Management Association and CFA Institute

Awards:
Robins School of Business Outstanding Scholarship Award (2006); Outstanding Derivatives Paper Award at Southern Finance Association Meetings (2001); Outstanding Paper Award at Southwestern Finance Association Meetings (2001)

Designations:
Chartered Financial Analyst (CFA)
Associate Editor of Frontiers in Finance and Economics