Gönül Çolak
YOU?
Author Swipe
View article: The Ethical Role of Pro-Equality Laws in Reducing Executive Gender Pay Gaps under Cultural Resistance
The Ethical Role of Pro-Equality Laws in Reducing Executive Gender Pay Gaps under Cultural Resistance Open
This study investigates how informal cultural norms and formal pro-equality legislation shape the executive gender pay gap (GPG), and whether legal interventions can ethically substitute for weak cultural support for gender equity. We inte…
View article: Idiosyncratic Political Risk and Bad News Hoarding
Idiosyncratic Political Risk and Bad News Hoarding Open
Managers may respond to greater political risk by suppressing unfavorable news from outsiders to manage investors’ perceptions about firm risk and protect their careers. However, they may also avoid engaging in bad news hoarding activities…
View article: Twitter-based economic uncertainty and corporate bond credit spreads
Twitter-based economic uncertainty and corporate bond credit spreads Open
View article: Systemic risk and oil price volatility shocks
Systemic risk and oil price volatility shocks Open
View article: The effects of government debt on corporate borrowing in developing economies: evidence from Africa
The effects of government debt on corporate borrowing in developing economies: evidence from Africa Open
Many African economies face high debt levels, yet local firms have unique growth opportunities requiring external financing. We examine whether government borrowing constrains corporate financing in Africa and how these effects differ by d…
View article: The impact of margin trading and regulatory policy on IPO underpricing: Evidence from Türkiye
The impact of margin trading and regulatory policy on IPO underpricing: Evidence from Türkiye Open
This study examines the impact of margin loans and accompanying regulatory changes on the underpricing of initial public offerings (IPOs) in Türkiye, with a focus on the wave of IPOs from 2020 to 2023—a period during which the number of IP…
View article: Import competition and stock price crash risk
Import competition and stock price crash risk Open
We investigate how globalization‐induced import competition affects stock price crash risk. Import competition increases price pressure and reduces profit margins, prompting managers to withhold negative information, resulting in higher cr…
View article: Twitter-Based Economic Uncertainty and Corporate Bond Credit Spreads
Twitter-Based Economic Uncertainty and Corporate Bond Credit Spreads Open
View article: Political Uncertainty and the Chinese Corporate Bond Market
Political Uncertainty and the Chinese Corporate Bond Market Open
View article: Wartime Financing 
Wartime Financing Open
View article: The effects of government debt on corporate borrowing in developing economies: evidence from Africa
The effects of government debt on corporate borrowing in developing economies: evidence from Africa Open
View article: Gold, platinum, and mutual fund flows
Gold, platinum, and mutual fund flows Open
View article: The timing of voluntary delisting
The timing of voluntary delisting Open
For many firms, voluntarily delisting from a stock exchange can be optimal. We model an en- trepreneur’s incentives to voluntarily delist the firm as a trade-off between consumption of private benefits when listed and expected improvements…
View article: Climate Change Denial and Corporate Environmental Responsibility
Climate Change Denial and Corporate Environmental Responsibility Open
This paper examines whether corporate environmental responsibility is influenced by regional differences in climate change denial. While there is an overwhelming consensus among scientists that climate change is happening, recent surveys s…
View article: Financial Uncertainty and the Cross-Section of Cryptocurrency Returns
Financial Uncertainty and the Cross-Section of Cryptocurrency Returns Open
View article: Social Capital and Accounting Conservatism
Social Capital and Accounting Conservatism Open
View article: Systemic Risk and Oil Price Volatility Shocks
Systemic Risk and Oil Price Volatility Shocks Open
View article: Gold, Platinum, and Mutual Fund Flows
Gold, Platinum, and Mutual Fund Flows Open
View article: FOMC Meetings, Monetary Policy Uncertainty, and Mutual Fund Alpha
FOMC Meetings, Monetary Policy Uncertainty, and Mutual Fund Alpha Open
View article: ESG and CEO turnover around the world
ESG and CEO turnover around the world Open
View article: Lean against the wind: The effect of policy uncertainty on a firm's corporate social responsibility strategy
Lean against the wind: The effect of policy uncertainty on a firm's corporate social responsibility strategy Open
We examine the effect of policy uncertainty on firms' strategy of corporate social responsibility (CSR). During uncertain times, firms strategically increase their commitment to CSR causes. Policy uncertainty is positively associated with …
View article: Management Guidance and Monetary Policy Transmission in the Eurozone
Management Guidance and Monetary Policy Transmission in the Eurozone Open
View article: Climate Change Denial and Corporate Environmental Responsibility
Climate Change Denial and Corporate Environmental Responsibility Open
View article: Financial Uncertainty and the Cross-Section of Cryptocurrency Returns
Financial Uncertainty and the Cross-Section of Cryptocurrency Returns Open
View article: The Financing Role of Private Equity: Global Evidence
The Financing Role of Private Equity: Global Evidence Open
View article: Easy Clean-ups or Forbearing Improvements: The Effect of CEO Tenure on Successor’s Performance
Easy Clean-ups or Forbearing Improvements: The Effect of CEO Tenure on Successor’s Performance Open
View article: COVID-19 and Disruptions of Trade Credit along the Supply Chains
COVID-19 and Disruptions of Trade Credit along the Supply Chains Open
View article: Corporate Agility and Monetary Policy Transmission
Corporate Agility and Monetary Policy Transmission Open
View article: Commitment or Constraint? The Effect of Loan Covenants on Merger and Acquisition Activity
Commitment or Constraint? The Effect of Loan Covenants on Merger and Acquisition Activity Open
View article: Lean against the Wind: the Effect of Policy Uncertainty on a Firm's Corporate Social Responsibility Strategy
Lean against the Wind: the Effect of Policy Uncertainty on a Firm's Corporate Social Responsibility Strategy Open