Sasan Saiy

Location: HH 290C

Email: ssaiy@uwaterloo.ca

Education and Certificates

• BASc., Industrial Engineering (University of Toronto)
• M.A., Economics (York University)
• MASc., Finance (Queen’s University)
• Ph.D., Financial Accounting (University of Toronto)
• Competent Boards Sustainability and ESG Certificate
• Fundamentals of Sustainability Accounting (FSA) Credential
• Global Reporting Initiative (GRI) Training Course on Sustainability Reporting

Brief Biography

Research interest

• Corporate governance and executive compensation
• The use of accounting and non-accounting information by capital market participants in various settings, such as valuation and debt contracting
• ESG and sustainability reporting
• Performance and productivity measurement

Selected publications

• “Industry Peer Information and the Equity Valuation Accuracy of Firms Emerging from Chapter 11”, with Bingxu Fang and Dushyantkumar Vyas. Forthcoming at Management Science.
• “Small sample field study: The effects of team-based recognition on employee engagement and effort”, with Adam Presslee, Greg Richins, and Alan Webb. Management Accounting Research, 59 (June): 12 pages.
• "Director Compensation and Related-Party Transactions", with Ole-Kristian Hope and Haihao Lu. Review of Accounting Studies 24 (4): 1392–1426.
• "Fundamental Analysis of Banks: The Use of Financial Statement Information to Screen Winners from Losers", with Partha Mohanram and Dushyant Vyas. Review of Accounting Studies 23 (1): 200–233. 

Selected working papers

• "The Impact of Operational Control Quality on Operational Efficiency and Cost of Capital: Evidence from U.S. Bank Holding Companies", sole-authored. (First round R&R at Journal of Accounting and Public Policy).
• “Do Government Procurement Contracts Mitigate Managerial Extraction of Private Benefits from Outside Shareholders?”, with Muhammad Azim and Ole-Kristian Hope.
• "Relation Between Management Forecast Credibility and Investors’ Delayed Response to the Management Forecast News at the Earnings Announcement Date”, with Min Jeong (Minna) Hong.

Courses taught

• AFM 101 – Introduction to Financial Accounting (Course coordinator)
• AFM 391 - Intermediate Financial Accounting II (Course coordinator)
• AFM 291 - Intermediate Financial Accounting I

Media and other citations

• Can team-based recognition help improve workers' performance?

• Providing team-based recognition boosts engagement: Study

• How businesses recognize employee achievement impacts engagement, motivation and performance

• Director Compensation and Related Party Transactions