I construct a dynamic model of transactions in used capital to understand the role of leasing when trading is subject to frictions. Firms trade assets to adjust their productive capacity in response to shocks to profitability. Transaction costs hinder the efficiency of the allocation of capital, and lessors act as trading intermediaries who reduce trading frictions. The model predicts that leas...

Although in recent years the concept of leasing has become more and more popular in the field of distributed object-oriented systems, it has not yet been incorporated in the current specification of the widespread CORBA standard. In this paper, we present an approach to the problem of realizing the leasing concept in a CORBA environment. We examine different leasing variants, such as exclusive ...

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...

This paper shows that corporate debt type, maturity and priority structures and their determinants are not homogeneous across firms of different size. Small firms use leasing and bank loans and overdraft while large companies rely on loan capital, convertible and subordinated loans. Small companies depend more on secured debt while large companies’ debt is unsecured and subordinated. The result...

The article discusses the features of development leasing, taking into account international experience. Based on experience American and Western European leasing market, analysis operating activities foreign companies, theoretical foundations investment financing from external financial sources using mechanism are presented. reveals based scheme, acceptability conditions, both for enterprise-l...

Accounting Standards Codification (ASC) Topic 842, the new accounting standard on leasing, aims to improve transparency related leasing and enable users of financial statements more readily compare firms that lease with borrow buy assets. The is effective for 2020 has had a significant impact balance sheets many firms. This note provides an overview changes highlights key issues analysis valuat...

In mobile ad hoc networks (MANETs) many partial failures are the result of temporary network partitions due to the intermittent connectivity of mobile devices. Some of these failures will be permanent and require application-level failure handling. However, it is impossible to distinguish a permanent from a transient failure. Leasing provides a solution to this problem based on the temporal res...