

Kathleen Kahle
On Leave for 2009-10
University of Georgia
Associate Professor
- Ph.D. Finance, The Ohio State University, 1996
Research Interests
- Corporate Finance
- Capital Structure
- Equity Issues and Repurchases
- Insider Trading
Publications and Working Papers
- "Measuring abnormal bond performance,” with Hendrik Bessimbinder, Bill Maxwell and Danielle Xu; Review of Financial Studies, forthcoming.
- “Why Do U.S. Firms Hold so Much More Cash than They Used to?” with Thomas W. Bates and Rene Stulz, Journal of Finance, forthcoming.
- "Errors in Estimating Share Repurchases,” with Monica Banyi and Ed Dyl; Journal of Corporate Finance, forthcoming.
- “Reassessing the information content of insider trades: an examination of company loan financed insider purchases,” with Jon Garfinkel and Kuldeep Shastri, Financial Management, 36, no. 4, Winter 2007, 67-88.
- Firm performance, capital structure, and the tax benefits of employee stock options," with Kuldeep Shastri, Journal of Financial and Quantitative Analysis, 40, no. 1, March 2005, 135-160.
- "Executive loans," with Kuldeep Shastri, Journal of Financial and Quantitative Analysis, 39, no. 4, December 2004.
- Long-run performance of secondary equity issues: A direct test of the windows of opportunity hypothesis," with Craig Dunbar and Jonathan Clarke, Journal of Business 77, no. 3, July 2004, 575-603.
- "When a buyback isn't a buyback: Open-market repurchases and employee options," Journal of Financial Economics 63, January 2002, 235-261.
- "Long-run performance and insider trading in completed vs. canceled seasoned equity offerings," with Craig Dunbar and Jonathan Clarke, Journal of Financial and Quantitative Analysis 36, no. 4, December 2001 (lead article and winner of 2001 William F. Sharpe Award for Scholarship in Financial Research, Best Paper in Journal of Financial and Quantitative Analysis).
- "Insider trading and the long-run performance of new security issues," Journal of Corporate Finance 6, March 2000, 25-53.
- "The impact of industry classifications on financial research," with Ralph A. Walkling, Journal of Financial and Quantitative Analysis 31, no. 3, September 1996, 309-335 (lead article).