Daniel Saavedra
Assistant Professor of Accounting
About
Daniel Saavedra’s research on financial contracting explores how to design different types of contracts so that the incentives of all parties involved are properly aligned. He also studies the economic consequences to U.S. firms that engage in tax avoidance activities and examines whether lenders charge higher interest rates to borrowers that have made unusually large payments to tax authorities before contract initiation.
Topics
4 Articles
Sorting Out Conflicts of Interest in Commercial Loan Syndicates
Syndicate voting rules reflect varying levels of trust and familiarity
When Lenders Put a Muzzle on Borrowers
Companies hide from shareholders information about loans — more than likely to appease banks
Forgoing a Tax Refund to Signal Brightening Financial Prospects
Companies that use loss carry-forwards to offset future tax liability, instead of claiming a refund, enjoy favorable lending terms