We examine if the introduction of the euro had significant and different effects on the stock markets of euro-zone countries, non-euro EU and accession countries, and non-EU countries. We argue that the introduction of the euro was equivalent to a market reform rather than an event whose impact...

This paper critically surveys the key literature on corporate financing policy, capital structure and firm ownership in order to identify the leading theoretical and empirical issues in this area. The theoretical component of the survey attempts to reconcile competing theories of capital...