I explore whether big-data sources can crowd out the value of private information acquired
through lending relationships. Institutional lenders have been shown to exploit their access …

We examine the effect of state-level data breach disclosure mandates (DBN laws) on the
cost of private debt. Using the staggered passage of DBN laws across the US states, we …

The lead arrangers of syndicated loans often have lending relationships with the borrowers,
while other lenders participating in the syndicate largely engage in an arm's length …

We examine the effect of state-level data breach disclosure mandates (DBN laws) on the
cost of debt. Using the staggered passage of DBN laws across the US, we document an …

In this study, we examine how intense scrutiny over financial reporting controls affects
operating control outcomes. Increasing emphasis on internal controls over financial …

In this study, we examine how intense scrutiny over financial reporting controls affects
operating control outcomes. Increasing emphasis on internal controls over financial …

This thesis explores dynamics and trends in the syndicated loan market, where multiple
lenders collaboratively fund a single borrower. The first chapter observes a shift in borrowing …

I provide evidence that in the syndicated loan market, the proportion of loans with multiple
lead arrangers has increased substantially in the past two decades. Does the colead …

I investigate how horizontal common ownership (CO) among lenders shapes syndicated
loan structures. Employing a research design with facility fixed effects, I find that higher CO …

A key friction in syndicated loan markets is information asymmetry between lead arrangers
and participant lenders regarding borrower credit risk. We investigate whether individual …