We investigate the relationship between economic policy uncertainty and corporate
leverage. Empirical evidence suggest that firms tend to lower their leverage ratios when …

This study examines the effects of firm-level political risk on firm leverage decisions and
speed of adjustment. We uncover that firm-level political risk has a negative impact on a …

We expand on prior evidence that national-level policy uncertainty affects corporate cash
policies and hypothesize that political geography has a significant effect on corporate cash …

This paper examines the impacts of firm-level political risks on intellectual capital investment
decisions and how managerial ability adjusts this relationship. Using a broad sample of US …

This paper examines the effect of economic policy uncertainty (EPU) on firm-level
investment and corporate financial leverage. The panel data of 1072 firms traded on the …

This paper investigates the effect of geopolitical uncertainty on (market) leverage ratio, debt
maturity, and choice of debt source. Using a new monthly index of geopolitical uncertainty …

We use a novel measure of firm-level political risk based on a textual search technique on
firms' quarterly earnings conference transcripts to explain dividend payouts in publicly listed …

In recent years, the global economy has witnessed several uncertainty-inducing events.
However, empirical evidence in Africa on the effects of economic policy uncertainty (EPU) on …

The maturity structure of debt can have financial and operational consequences for a firm as
debt maturity is a key aspect of financial flexibility. Moreover, debt maturity can impact a …

Given the recent growing global uncertainties, firms have encountered increasing political
risks and responded accordingly to avoid a negative impact on their performance. This study …