A Test of the Loans Prohibition of the Sarbanes-Oxley Act: Are Firms That Grant Loans To Executives More Likely To Misstate Their Financial Results?
Misstatement;Executive Loans;Sarbanes-Oxley Act
Journal of Accounting and Public Policy
This article examines whether executive loans are associated with financial misstatements. This article finds a significant association between executive loans and financial misstatements.