In this paper we study how the introduction of the euro has affected corporate financing in Europe. We use firm … and their debt financing compared to the control group. We also show that results are stronger for firms that hail from … financing have increased their debt financing more. These results support the hypothesis that improved access to capital markets …

We study the financing policies of European public corporations prior to the euro crisis. Using data from eleven euro … countries with previously weak currencies considerably increased their debt financing after the introduction of the euro. The … results are stronger for large firms, firms dependent on external financing and for the latter part of the post-euro time …

debt financing after the introduction of the euro. Results are stronger during the latter half of our sample period, for … large firms and for firms dependent on external financing. These results support the hypothesis that the supply of capital …