---
title: Corporate Capital Structure: Geopolitical Risk
url: https://www.ml-quant.com/papers/ssrn/4539731/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 4539731
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4539731
featured: 2023-08-17
citations: unknown
topic: Corporate Finance
---


# Corporate Capital Structure: Geopolitical Risk

Geopolitical Risk: A study using a news-based geopolitical risk index found that such risk has a long-term negative effect on leverage, especially for firms with higher existing leverage, more irreversible investment, and higher exposure to geopolitical risk.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4539731
- Identifier: SSRN 4539731
- Released: 2023-08-13
- First featured: Quant Letter No. 12 (2023-08-17): https://www.ml-quant.com/issues/2023-08-17/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Corporate Finance

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