Bris, Arturo (contributor); Koskinen, Yrjö (contributor); … - 2001 - [Elektronische Ressource], Rev. June 6, 2002
Using data from 17 countries that have suffered a currency crisis, this paper studies firm-level leverage and performance measures before and after a crisis has occurred. We show that in the years preceding a currency crisis, companies that are expected to benefit from currency depreciations...