Bris, Arturo; Koskinen, Yrjö; Nilsson, Mattias - In: Journal of Financial Economics 114 (2014) 3, pp. 554-575
We study the financing policies of European public corporations prior to the euro crisis. Using data from 11 euro countries and a control group of five other European countries over 1991–2006, we show that nonfinancial firms from euro countries with previously weak currencies considerably...