Financier-Led Asset Lease Model
نویسندگان
چکیده
• A submitted manuscript is the author's version of the article upon submission and before peer-review. There can be important differences between the submitted version and the official published version of record. People interested in the research are advised to contact the author for the final version of the publication, or visit the DOI to the publisher's website. • The final author version and the galley proof are versions of the publication after peer review. • The final published version features the final layout of the paper including the volume, issue and page numbers.
منابع مشابه
Dynamic service contracting for on-demand asset delivery
Traditional financial asset lease operates in an asset provider centred mode, inwhich financiers passively provide financial solutions to the customers of their allied asset vendors. To capture the highly customised asset lease demands from the mass market, this paper advocates adopting a financier-led asset lease model shifting the asset lease to be customer-oriented. In this model, a financie...
متن کاملThe Impact of Lease Structures on the Optimal Holding Period for a Commercial Real Estate Portfolio
Purpose The purpose of this paper is to exhibit the impacts of lease duration and lease break options on the optimal holding period for a real estate asset or portfolio. Methodology/approach We use a Monte Carlo simulation framework to simulate a real estate asset’s cash-flows in which lease structures (rent, indexation pattern, overall lease duration and break options) are explicitly taken int...
متن کاملStructured Matcher Object Behavioral
Consider a decision support system for capital asset acquisitions (Wallingford and Sticklen 1985). The system helps users decide whether to purchase an asset or lease it from another company. Each of these alternatives leads to more specific decisions, such as whether to structure a leasing arrangement as a direct lease, a leveraged lease, or a conditional sale. All of these decisions depend on...
متن کاملWhy Firms Lease Short-Lived Assets: A Tax-Based Explanation
The authors examine the impact of assets’ useful lives on firms’ leasing decisions in Canada. Their theoretical analysis demonstrates that firms are more likely to lease assets with shorter useful lives. More specifically, they show that in a competitive financing market, lease payments are a decreasing function of lessors’ tax rates. Therefore, the useful life of an asset is relevant in leasin...
متن کاملThe potential impact of enforced lease capitalisation in the UK retail sector
The main objective of the paper is to assess the potential economic consequences of the G4+1 proposed changes to lease accounting by examining companies in the UK retail sector over the 1994-99 period. The magnitude of the impact of lease capitalisation is assessed by examining the effect on nine key accounting ratios that are used in decision-making and in financial contracts. A ‘constructive ...
متن کامل