prosperity depends first of all on the importance and variety of investment opportunities opened up by them, whereas crisis … crisis is unlikely to reach the gravity of the Great Depression not only because a price fall is to excluded, but also …

crisis. Against this background, in the present paper we contribute to the existing literature in a twofold way: First, by …

to the 2008 crisis and to determine whether the ex-ante differences in corporate financial structure had an impact on the … severity of the 2008 financial crisis in European countries. The analysis confirms a negative relationship between the … corporate debt ratio prior to the crisis and crisis-induced contractions in corporate investment and GDP. The results indicate a …

international financial crisis. We have to admit the transcendence of the good and bad things of the global economy to the … integration, one dimension of it being the financial one, it can not be secluded from the crisis impact. With a fully current … a crisis with such a geographical extension, there is no doubt that some well known vulnerabilities are perceived …

financially constrained than domestic-owned ones, especially in terms of short-term investment following a financial crisis … after the financial crisis during that period. The results also demonstrated that post-crisis foreign-owned enterprises …

. After the Asian crisis, financial reforms increased operating costs of domestic banks and reduced costs of foreign bank … branches. Foreign acquisition of domestic banks after the crisis modernized their business activities, reduced costs associated …