In recent years, funding operations have taken on meanings leasing increasingly wider, opening new economic analysts …. Leasing is a financing technique that comes to help businesses that want to purchase machinery and equipment, but not …

This paper argues leasing is a risk-sharing mechanism: risk-tolerant lessors (capital owners) provide insurance to … this channel. Our study also provides a caveat to the recent leasing accounting change of IFRS 16: lease induced liability …

Leasing is one of the most important sources of external finance to corporate firms. This paper develops a dynamic … model to investigate the role of uncertainty and financial constraint in understanding the leasing decisions of corporate …. Because of the agency costs originated from the separation of ownership and control, leasing is a more costly way of financing …