search query: @indexterm Capital investment / total: 460
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Author: | Bris, A. Koskinen, Y. Nilsson, M. |
Title: | The real effects of the euro: evidence from corporate investments |
Journal: | Review of finance
2006 : VOL. 10:1, p. 1-37 |
Index terms: | capital investment corporate finance euro |
Language: | eng |
Abstract: | This paper examines the effects of the adoption of the Euro as the common currency in Europe on the investment rates of companies. The authors find that the Euro has increased investments for companies from countries that previously had weak currencies, the Euro has had a positive effect on the investments on financially constrained companies, and the Euro has decreased investments for financially unconstrained companies from countries that previously had strong currencies. |
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