Richard Shockley Jr.

Richard Shockley Print-Quality Photo

Contact Information


(812) 855-3407
Faculty Web Page

Business School
Room 364

  • CenterPoint Energy Faculty Fellow
  • Associate Professor of Finance

Campus

  • Bloomington

Education

  • PhD, Indiana University, 1992
  • BS, University of Virginia, 1984

Professional Experience

  • Jones Graduate School of Administration, Rice University, 1992-1996, Assistant Professor of Administrative Science
  • Olin School of Business, Washington University in St. Louis, 2000-2001, Visiting Assistant Professor of Finance
  • Kelley School of Business, Indiana University, 2003-present, Associate Professor of Finance
  • Kelley School of Business, Indiana University, 2006-present, CenterPoint Faculty Fellow
  • Kelley School of Business, Indiana University, 2001-2006, Ford Motor Company Teaching Fellow
  • Kelley School of Business, Indiana University, 1996-2003, Assistant Professor of Finance
  • Kelley School of Business, Indiana University, 1995-1996, Visiting Professor of Finance
  • IU Bloomington, 2006-present, Faculty Council Fringe Benefits Committee
  • IU Bloomington, 2005-present, Faculty Council Budgetary Affairs Committee
  • Kelley School of Business, 2005-present, Teaching Excellence Committee
  • Kelley School of Business, 2003-2004, Business Honors Program Committee
  • Kelley School of Business, 1999-2003, 2005-2006, MBA Policy Committee
  • Kelley School of Business, 1999-2000, Budgetary Planning Committee
  • Finance Department, 1996-present, MBA Committee
  • Finance Department, 2001-2002, 2005-present, Recruiting Committee
  • Kelley School of Business, 2001-2003, MBA Minority Advisory Board

Awards, Honors & Certifications

  • Kelley School of Business MBA Teaching Excellence Award, 2007
  • Indiana University Trustees Teaching Award, 2006
  • Kelley Direct Teaching Excellence Award, 2006
  • Ford Motor Company Teaching Fellow, Indiana University, 2001 – 2006
  • Indiana University Trustees Teaching Award, 2004
  • SBC Fellow (formerly Ameritech Fellow), 2003
  • Indiana University Trustees Teaching Award, 2003
  • Kelley School of Business MBA Teaching Excellence Award, 2002
  • Kelley School of Business MBA Teaching Excellence Award, 2001
  • Finalist, Indiana University Trustees Teaching Award, 2001, 2005
  • Kelley School of Business Teaching Excellence Recognition Award (TERA), 2000
  • Business Week’s Guide To Business Schools “Outstanding Faculty”, 2000
  • Kelley School of Business MBA Teaching Excellence Award, 1999
  • Kelley School of Business MBA Teaching Excellence Award, 1998
  • Phi Beta Kappa Teaching Prize, Rice University, 1994
  • Nominated for 2003-2004 Smith-Breeden Prize by the Editors of Journal of Finance for “Equilibrium ‘Anomalies’”, Journal of Finance, 58 No. 6, 2003, 2549-2580 (joint with Michael Ferguson).
  • Best Paper Award, 1995 Global Finance Conference, for “Does it Pay To Borrow from Foreign Banks?” (coauthored with Steven Byers and Donald Fraser, and published under the title “Lender Identity and Borrower Returns: The Evidence from Foreign Bank Loans
  • Kelley School of Business Competitive Research Grant, 2005
  • Kelley School of Business Productivity-Based Research Grant, 2004
  • Kelley School of Business Competitive Research Grant, 2003
  • Kelley School of Business Competitive Research Grant, 2002
  • Kelley School of Business Competitive Research Grant, 2000
  • Du Pont Research Grant, Indiana University, 1999
  • Du Pont Research Grant, Indiana University, 1998
  • Halliburton Scholar, Rice University, 1994
  • Certified Public Account, California
  • Beta Gamma Sigma, Indiana University Chapter
  • Raven Society, University of Virginia

Professional Interests

  • Finance

Personal Interests

Travel, Skiing

Selected Publications

  • Arnold, Tom and Richard Shockley (2010), “Real Options Analysis and the Assumptions of Corporate Finance: A Non-Technical Review," Multinational Finance Journal, Vol. 14, No. 3/4, September-December, pp. 209-250. 
  • Dhanaraj, Charles, Jing Li, and Richard Shockley (2007), “Joint Venture Evolution: Extending the Real Options Approach,” Managerial and Decision Economics, Vol. 29, pp. 317-336.
  • Shockley, Richard L. (2007), “A Real Option in a Jet Engine Maintenance Contract,” Journal of Applied Corporate Finance, Vol. 19, No. 2.
  • Shockley, Richard L. (2007), An Applied Course in Real Options Valuation, Mason, OH: South-Western Thomson Learning, January. 
  • Ferguson, Michael F. and Richard L. Shockley (2003), “Equilibrium ‘Anomalies,’” Journal of Finance, Vol. 58, No. 6, pp. 2549-2580. 
  • Arnold, Tom, Terry Nixon, and Richard Shockley (2003), “Intuitive Black-Scholes Option Pricing with a Simple Table,” Journal of Applied Finance, Vol. 13, No. 1.
  • Arnold, Tom and Richard Shockley (2003), “Real Options, Corporate Finance, and the Foundations of Value Maximization," Journal of Applied Corporate Finance, Vol. 15, No. 2, pp. 82-88.
  • Shockley, Richard, Staci Curtis, Jonathan Jafari, and Kristopher Tibbs (2003), “The Option Value of an Early Stage Biotechnology Investment,” Journal of Applied Corporate Finance, Vol. 15, No. 2, pp. 44-55.
  • Milbourn, Todd T., Richard L. Shockley, and Anjan V. Thakor (2001), “Managerial Career Concerns and Investment in Information," RAND Journal of Economics, Vol. 32, No. 2, pp. 334-351.