Always positive and enthusiastic in class.
Dr Tom Stannard is a Lecturer in Finance in the Department of Accountancy and Finance at the University of Otago's Otago Business School, within the Business & Economics division. He holds a BCA (Hons) and a PhD from Victoria University of Wellington. Stannard joined the department in 2023, having previously worked in finance and economics consulting and as part of the economics department at the Reserve Bank of New Zealand. There, he co-authored the report 'Economic impacts of COVID-19 containment measures' with G. Steven and C. McDonald (2020, Reserve Bank of New Zealand Analytical Note Series AN2020/4). He brings experience lecturing at the undergraduate level. Stannard serves on the department's postgraduate committee, supervises PhD and MCom students, and teaches FINC 206: Fundamentals of Corporate Finance and FINC 502: Advanced Corporate Finance.
Stannard's research specializations encompass corporate finance, corporate governance, and real options analysis. He is affiliated with the Climate & Energy Finance Group at the University of Otago. Key publications include 'Extreme weather events in New Zealand: Financial market-related impacts' by P. Griffin, M. Lubberink, and T. Stannard (2025, Sustainability Accounting, Management and Policy Journal, 16(6), 1448-1486); 'Scale efficiency gains in utilities? The case of electricity distribution in New Zealand' by T. Stannard and P. Barry (2024, New Zealand Economic Papers, 58(3), 299-308); 'Easy money? Managerial power and the option backdating game revisited' by G. Guthrie and T. Stannard (2020, Journal of Banking & Finance, 118, 105887); 'Fire or keep? Leave or stay? The other side of CEO retention decisions' by T. Stannard (2019, Proceedings of the 60th Annual Conference of the New Zealand Association of Economists); 'CEO turnover: The effect of CEOs' outside options' by T. Stannard and G. Guthrie (2023, SSRN); 'Performance Signals, Learning and Attention in Management Turnover: Observations from the NBA' by T. Stannard (2024); and 'Extreme Weather and Indigenous Peoples: Impacts on Business Activity' by P.A. Griffin, M.J.P. Lubberink, and T. Stannard (2025 preprint).
