Table of contents
HISTORY AND DEVELOPMENT OF LEASING IN THE UK.
Henry LoWhen financing capital investments, financial executives are often confronted with “lease or borrow” decisions. Leasing is financially justifiable when the non‐taxpaying lessee…
LEASING — A REVIEW OF THE EMPIRICAL STUDIES
L. B StevenAcademic discussion of leasing has sought to provide possible explanations for its widespread use. Generally, taxation is regarded as the dominant factor in the decision to lease…
ECONOMIC CONSEQUENCE ISSUES IN THE EMERGENCE OF SSAP 21: “Accounting for leases and hire purchase contracts”
John D. BlakeFrom the proposals for a system of capitalising finance leases included in ED 18 in 1976 to the issue of SSAP 21 in 1984 has been a long haul. Much time has been given to a…
Evaluating the Lease or Purchase Decision
Colin DruryIt is apparent from the empirical studies in the UK and USA that incorrect approaches are frequently used to evaluate finance leases. Sykes (1975), Hull and Hubbard (1979) and…
VARIABLE RATE LEASES.
Stewart D. HodgesMajor financial lease contracts are commonly written on a variable interest rate basis. The conditions of this sort of lease include an interest rate variation clause which…
THE LEVERAGE OF LEASING — AN INTERNATIONAL PERSPECTIVE.
T.M. ClarkLeasing has continued to grow steadily in recent years, notwithstanding major changes in tax and accounting treatments. Whilst taxation and off balance sheet financing benefits…
ISSN:
0307-4358Online date, start – end:
1975Copyright Holder:
Emerald Publishing LimitedOpen Access:
hybridEditor:
- Professor Don Johnson