My research focuses on the area of
banking, with a particular interest in understanding the role of
banks in preventing suboptimal decisions by borrowers' managers.
Recent research projects include examining how banks' access to
credit risk transfer (CRT) markets, such as the credit
derivative market and the secondary loan market, affects banks'
relationships with borrowers. Other research includes
examining the effect of information asymmetries in the corporate
loan market on borrowers' capital structure and investments.