Uncertainty & public policy
Political, monetary, and economic uncertainty in corporate decisions.
Professor of Accounting and Finance
Gonul Colak
University of SussexHead of Accounting & Finance Department
Hanken School of EconomicsProfessor of Finance (fractional position)
Scholar in financial economics and financial accounting.
I study how uncertainty, institutions, and financial intermediation shape corporate decisions and financial markets around the world.
My research focuses on corporate finance, financial intermediation, and banking, with further work on capital structure, monetary-policy transmission, political risk, sustainability, and ESG. I use cross-country firm and market data, large-scale text analysis, and machine learning in empirical finance.
Current themes
Corporate finance & banking
Capital structure, sovereign debt, banking, IPOs, delistings, and restructuring.
ESG, culture & governance
Environmental responsibility, leadership, incentives, and institutions.
Machine learning in finance
Prediction and measurement using text and high-dimensional data.
Selected publications (Full list of publications)
Publications in past and current FT50 journals, AJG 4* journals, and AJG 4 journals.