Kahle, Kathleen M.; Shastri, Kuldeep - In: Journal of Financial and Quantitative Analysis 39 (2004) 04, pp. 791-811
This paper analyzes the characteristics and impact of loans made to executives for stock purchase, option exercise, and relocation. We find that loans made to assist executives in purchasing stock or exercising options are larger and have higher interest rates than relocation loans. All types of...