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This paper studies the role of leasing of productive assets. When capital is leased (or rented), it is more easily … repossessed and hence leasing has higher debt capacity and relaxes financing constraints. However, leasing gives rise to an agency … leasing provided by leasing firms, namely that leasing “preserves capital,†which is generally considered a fallacy in the …
Persistent link: https://www.econbiz.de/10005069226
main modern forms of leasing which are more common in business finance. …One of the main reasons that leasing is a financial alternative so popular in the world is the one that synthesize its … them by purchasing fixed assets. This article aims to approach the leasing as a source or as a financing alternative …
Persistent link: https://www.econbiz.de/10008854790
The article surveys the literature pertaining to the Basel II and concludes with the concerns germane to India in this regard
Persistent link: https://www.econbiz.de/10005015597
The new Basel accord is slated to come into effect in India around 2007 raising the question of how the revised standards will influence bank behaviour. Using a simple theoretical model, it is shown that the revised accord will result in asymmetric differences in the efficacy of monetary policy...
Persistent link: https://www.econbiz.de/10005015608
The financial crisis prompted closer supervision of securitisation as a mechanism for refinancing the economy. In France the principal underlying assets of securitisations are bank loans and credits to resident households and non-financial companies.
Persistent link: https://www.econbiz.de/10010635612
The emergence of the BRICS (Brazil, Russia, India, China and South Africa) grouping and the rapid advancement of their stock market may results in the acceleration of the appreciation of their respective currencies and ultimately the loss of their trade competitiveness. Conversely, exchange rate...
Persistent link: https://www.econbiz.de/10010902549
To be completed To be completed To be completed
Persistent link: https://www.econbiz.de/10010902612
The Minister of Finance, Mr. Arun Jaitley, presented the Union Budget 2014-15 to Parliament on July 10, 2014. In this …
Persistent link: https://www.econbiz.de/10010945348
resort to external funders to finance fixed export costs and investments in production capacities. We assume that sectors … allows firms to finance fixed export costs at a lower interest rate. On the other hand, financial health reduces the cost of … of trade. By increasing the cost of external finance, a financial shock increases the financial cost of exporting and …
Persistent link: https://www.econbiz.de/10011272219
The new European Commission has focused on reindustrialization policy as one of its main priorities for EU economic development. Besides the previous initiatives of European Institutions reindustrialization process is supported by Macro Regional Strategies and other specific strategies and...
Persistent link: https://www.econbiz.de/10011276316