Possibilities for Optimization the Leasing Activities of a Construction Company Cover Image

Възможности за оптимизиране на лизинговата дейност на строителното предприятие
Possibilities for Optimization the Leasing Activities of a Construction Company

Author(s): Radan Miryanov, Velina Yordanova
Subject(s): Financial Markets
Published by: Икономически университет - Варна
Keywords: Construction company; Dynamic models; Leasing
Summary/Abstract: In the market conditions nowadays, the construction companies are forced to seek and apply new methods to achieve optimal economic and financial performance. One of these innovative methods is leasing, which is becoming more and more relevant as an effective financing tool. In this paper the authors offer some opportunities to optimize the leasing activities of a construction company. New conditions for the leasing scheme are introduced and dynamic optimization models are proposed in order to achieve an optimal strategy for replacing the subject of the lease using the criterion of optimality – obtaining maximum income for the whole period.