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The International Accounting Standards Committee issued the the International Accounting Standard 17, Leases. The objective of IAS 17 is to prescribe, for lessees and lessors, the appropriate accounting treatment and disclosures to apply in relation to leases. This article presents a closer look...
Persistent link: https://www.econbiz.de/10009278285
We develop a model of dynamic interactions between price variations in leasing and selling markets for automobiles. Our … selling (cash) market prices lead rapidly dissipating changes of leasing market prices in the opposite direction. We discuss … the practical implications of these results by augmenting a standard leasing valuation formula. The additional terms …
Persistent link: https://www.econbiz.de/10011110756
This paper attempts to examine the practice of leasing agreement that was conducted in HSBC Amanah Malaysia, whether … the process based on Islamic transaction. Leasing – I Line is the product that offers by HSBC Amanah as a ways of Islamic … house financing based on Ijarah (Lease). In the practice of Leasing-I Line there is no transfer of ownership and the lease …
Persistent link: https://www.econbiz.de/10011260460
The legislative modifications, both in accounting/book-keeping and fiscal manner, influenced the leasing which is known … financing. Starting from the rules imposed to nobanking financial institutions which evolve the credit activity through leasing … entities level which achieve leasing operations or acquire fixed assets in leasing conditions. …
Persistent link: https://www.econbiz.de/10005837113
A full array of frequently asked questions and their Shari’ah approved answers in today’s modern Islamic Economics, Finance, and Banking.
Persistent link: https://www.econbiz.de/10008561137
I construct a dynamic model of transactions in used capital to understand the role of leasing when trading is subject … arise because owners have wider inaction bands than lessees, and carriers' self-selection into leasing plays a minor role. …
Persistent link: https://www.econbiz.de/10008839200
This paper investigates how the downside tail risk of stock returns is differentiated cross-sectionally. Stock returns follow heavy-tailed distributions with downside tail risk determined by the tail shape and scale. If safety-first investors are concerned with sufficiently large downside...
Persistent link: https://www.econbiz.de/10011107525
This paper incorporates expectations-based reference-dependent preferences into the canonical Lucas-tree asset-pricing economy. Expectations-based loss aversion increases the equity premium and decreases the consumption-wealth ratio, because uncertain fluctuations in consumption are perceived to...
Persistent link: https://www.econbiz.de/10011107734
We show that book-to-market, size, and momentum capture cross-sectional variation in exposures to a broad set of macroeconomic factors identified in the prior literature as potentially important for pricing equities. The factors considered include innovations in economic growth expectations,...
Persistent link: https://www.econbiz.de/10011107928
This study estimates liquidity premiums using the recently developed Liu (2006) measure within a multifactor capital asset pricing model (CAPM) including size premiums and a time varying parameter model for the West African emerging market of Nigeria. The evidence suggests that liquidity factors...
Persistent link: https://www.econbiz.de/10011108128