FINANCIAL VS OPERATIONAL LEASING –THE ROMANIAN EVIDENCE
FINANCIAL VS OPERATIONAL LEASING –THE ROMANIAN EVIDENCE
Author(s): Laura VasilescuSubject(s): Economy
Published by: Editura Universitaria Craiova
Keywords: leasing; operational leasing; financial leasing; Romanian leasing market
Summary/Abstract: Leasing is an important source of medium and long-term financing in developed economies and also in countries with transition economies because leasing is an economically-efficient solution to the question of asset acquisition. Leasing is particularly important in financing to small and medium-sized enterprises and start-ups, which play a key role in introducing innovation and competition into the economy and in job creation. The Romanian leasing market is developing in present and is extending to new fields, conquering a part of the fields which belong to the banks. In the same time, the sector will get to maturisation, the small firms will merge and will form important firms.
Journal: Revista tinerilor economişti
- Issue Year: 2006
- Issue No: 07
- Page Range: 39-46
- Page Count: 8
- Language: English