Basic microeconomic aspects of credit and leasing financing

Thi Cham Anh Vu

Bachelor's thesis

Abstract:

- Objectives: The purpose of this study is on the issue of credit and finance leasing as well as the impact of microeconomic variables on the leasing industry's default risk. - Methodology: Explain the issue of credit and leasing financing with an emphasis on operational leasing. Base your view on legal, tax, and accounting regulations that influence the decision-making of entities on the method of financing long-term assets. Compare alternatives to corporate financing on the example of a selected company. - Literature sources: •(Zhang, 2019): Does the level of financial leasing matter in the impact of bank lending on economic growth: Evidence from the global market (2006–2016). •Beattie, V., Edwards, K., & Goodacre, A. (1998). The impact of constructive operating lease capitalization on key accounting ratios. Accounting and Business Research. •Christopher Dunford, President (Freedom from Hunger, Source: Monday Development, September 28, 1998). January 1999. Microfinance: A Means to What End?, Grameen Dialogue. •Franks, J.R. and Hodges, S.D., 1978. Valuation of Financial Lease Contracts: A Note. Journal of Finance. •Dogan, F. G., 2016. Non-cancellable Operating Leases and Operating Leverage. European Financial Management, •Segal, M. & Naik, G., 2019, ‘The expected impact of the implementation of International Financial Reporting Standard (IFRS) 16 – Leases’, Journal of Economic and Financial (Segal, 2019) •Pwc,2016, IFRS 16: The leases standard is changing. (Pwc, 2016) •Dr Barbara Drexler, Gerbrand van Bork, Silke Mueffelmann, Constanze Hashemian, Holger Siek and Maren Sturm, Nicola Benaglio, Justyna Pytkowska ,2020,Microfinance in the European Union:Market analysis and recommendations for delivery options in 2021-2027 (Dr Barbara Drexler, 2020) •IFRS 16: Leases and the Impact on Credit institutions,2019, Deloitte. (Deloitte, 2019) •Mgr.Tran Cong Du, 2021, The role of microcredit in the economy. (Du, 2021) •Mgr.Dao Minh Tu,2007, Some issues in order to stabilize and develop the credit market (Tu, 2007) •Mgr.Phan Thu Hien, 2016, Financial Leasing (Hien, 2016) •Thang Long University,2013, Improving the efficiency of financial leasing activities at financial companies. (University, 2013) •Andrey S. Nechaev, Sergey V. Zakharov, Yuliya N. Barykina, Marina V. Vel'm &Olga N. Kuznetsova,2020, Forming methodologies to improve the efficiency of innovative companies based on leasing tools. (Andrey S.Nechaev, 2020) •The International Accounting Standards Committee: A Political History, by Robert J Kirsch, published in February 2007 (Kirsch, 2007) •Asian Development Bank, 2020, How microfinance is helping poor households and businesses survive and thrive (Bank, 2020).

Keywords

Financial Lease, Operatinal Lease, Credit, IFRS 16

Language used: English

Date on which the thesis was submitted / produced: 18. 11. 2022

Thesis defence

• Date of defence: 2. 2. 2023
• Supervisor: doc. Mgr. Ing. Petr Wawrosz, Ph.D.
• Reader: David Křížek, Ph.D.

Czech University of Life Sciences Prague

Faculty of Economics and Management

Bachelor programme:
Business Administration