We analyse the wide array of rescue programmes adopted in several countries, following Lehman Brothers� default in September 2008, in order to support banks and other financial institutions. We first provide an overview of the programmes, comparing their characteristics, magnitudes and...

This paper examines how firm characteristics, the legal system and financial development affect corporate finance decisions using a novel and unexpored data set containing balance sheet information for listed and unlisted companies. Contrary to the previous literature, by using data on unlisted...

It has been observed, in a number of european countries like France, that the increase in real long term interest rates seemd to imply a decrease in the corporate debt ratios (the debt to equity ratio or the debt to value added ratio) and also a decrease in th share of wages in value-added. We...