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Essays on foreign capital, external finance and trade of european firms

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Abstract

The dissertation is composed of three chapters studying empirical questions of corporate finances, European integration and international trade using firm-level data. The first chapter tests the factors attracting foreign capital in Czech firms during the midtransition, pre-EU- accession period from 1997 to 2002.

The second chapter studies the effect of introducing the European single currency on the external financing of Western