We examine how the implementation of the K-IFRS No.1116 Lease affects firm value. This new accounting standard mandates capitalization of all leases, resulting in changes in the key accounting leverage ratios and rates of return. The contracting costs hypothesis suggests that changes in...

This note presents the impact that application of International Financial Reporting Standard (IFRS) 16 has had on the financial statements of listed Spanish groups. Listed European groups are required to apply IFRS in their consolidated accounts. Specifically, IFRS 16 on the measurement and...

The IASB published IFRS 16 Leases in January 2016 with an effective date of 1 January 2019. Leasing is an important and widely used financing solution. It is a flexible solution that allows entities to access and use property and equipment without needing to incur large cash outflows and it...

The IASB published IFRS 16 Leases in January 2016 with an effective date of 1 January 2019. Leasing is an important and widely used financing solution. It is a flexible solution that allows entities to access and use property and equipment without needing to incur large cash outflows and it...

On January 13th 2016, the Board for International Accounting Standards published the new International Standard 16 of Financial Reporting, named as “Lease”, which will substitute the International Accounting Standard 17 of financial reporting “Lease”. ISFR 16 ensures reflection of...

On January 13th 2016, the Board for International Accounting Standards published the new International Standard 16 of Financial Reporting, named as “Lease”, which will substitute the International Accounting Standard 17 of financial reporting “Lease”. ISFR 16 ensures reflection of...

In this paper, we present an alternate proposal for house finance. In our proposal, the Islamic bank buys the house paying the house owner the full amount of the house and becomes the owner. Then, the bank gives the house on rent to the client and the Islamic bank also enters into an options...

Today Ukraine is actively moving towards adoption of International Financial Reporting Standards (IFRS). For successful implementation of IFRS into national accounting policy it is, above all, required to determine differences between international and national standards. The article covers the...

As part of the Millennium Challenge Corporation Compact Agreement, the Government of Lesotho has implemented an institutional strengthening and land regularization project in the urban and peri-urban areas of the capital city Maseru. The main objective of this project is to strengthen the rights...

We chose to study two notions that we meet both in the legal and the economic fields, both in our country and beyond the Romanian borders. These are the land and lease rent, both having the legal nature of a contract and in an unequivocal manner regarding ownership of land. At the same time,...

В статье обоснована необходимость повышения эффективности управления рисками на рынке лизинговых услуг Украины в современных условиях. Уточнена сущность и...

Tenant eviction is almost inevitable but most stakeholders have suffered various degrees of loss and hardship. This paper examines the socioeconomic characteristics of tenants evicted from residential properties over a period of ten years (2001-2010) in Ilorin Metropolis with a view to...

Статья посвящена особенностям управления объектами операционной недвижимости промышленных предприятий. Выделены группы предприятий по отношению к объектам...

The article assesses legal regulations regarding managing agricultural lands in Poland. The paper presents, first of all, the scope of activity of the Agricultural Property Agency, which is a significant institution on the property market. This institution started its activity on 1 January 1992...

Статья посвящена вопросам формирования и развития лизинговых отношений. Конкретизируются особенности логистической стратегии развития лизинга. Раскрывается...

Revealed aspects of the application of innovative leasing as an instrument of national innovation systems.

Статья посвящена вопросам формирования и развития лизинговых отношений. Дана классификация видов лизинга. Раскрыты особенности проектирования лизинговых...

In conditions of limited access to traditional sources of funding when lending a privilege of the largest and most creditworthy companies, contemporary, alternative ways of funding, including the leasing are increasingly gaining importance. They are particularly attractive for small and medium...

Автором предложены изменения Федерального закона от 22.07.2008 г. № 159-ФЗ, устанавливающие право выкупа имущества, арендуемого по договору сроком до 1 года,...

Данная статья посвящена налоговым рискам, возникающим в связи с применением различных методов учета для целей налога на прибыль расходов на аренду...

Статья посвящена проблемам выбора предприятиями вариантов хозяйственных связей. Автором рассмотрены особенности формирования типологии товарообменных...

A földet elsősorban mint termelési eszközt értelmezve, a pragmatikus gondolkodást és nem a nosztalgiát tartom célravezetőnek. Ismeretes, hogy két elgondolás él a köztudatban. Egyik a liberális földfelfogás, amely szerint a föld olyan termelési eszköz, mellyel más termelési...

This paper mainly conducts an empirical study of the term structure of the Shanghai office rental market. Based on 555 executed contracts in the Shanghai office rental market from 2005 to 2008, the building quality and micro location are controlled, which are generally omitted in previous...

The finance lease is, from a financial point of view, an alternative to bank loans. The residual value is a basic parameter of the finance lease contract. It is set out according to the depreciation and amortization manner of the asset subject matter of t

The macroeconomic conditions. The current conditions for the agricultural land trading in Poland. The principles for management of agricultural land owned by the State Treasury. The agricultural land buy/sell transactions. The prices of agricultural land. The lease of agricultural land. The sale...

A giant will always need money inflows. A less giant company needs the same money inflows. A retail subject will also need money. So, the competition is to be not in area of money availability, but in area of cost of resources. Be prepare to make your option, and pay less then competition. For...

The paper is looking into fund raising through leasing of equipments and machineries rather than purchasing them on cash and carry basis as such having much impact and impart on the working capital of the small and medium scale enterprises. The paper looked into relevant and related studies and...

The paper is looking into fund raising through leasing of equipments and machineries rather than purchasing them on cash and carry basis as such having much impact and impart on the working capital of the small and medium scale enterprises. The paper looked into relevant and related studies and...

For leased equipment, the lessor carries out the maintenance of the equipment. Usually, the contract of lease specifies the penalty for equipment failures and for repairs not being carried out within specified time limits. This implies that optimal preventive maintenance policies must take these...

The necessity of the rational use and effective management of land resources and real estate of community property as a basic source of addition to the local budgets is defined. Problems of managing land resources and real estate of the city are revealed. Methods and management features of...

We assess whether two classes of bubbles occur in the spot price of gold, rational speculative and periodically bursting bubbles, using gold’s lease rates for the first time in the literature as a measure of its fundamental value. This question is of particular significance as these are the...

A simulation model representing a north central U.S. corn and soybean farm was used to estimate the degree of financial risk borne by the tenant and the landlord under 10 different types of flexible cash leases.  Probability distributions for yields, prices and production costs were...

Much African land currently has low productivity and has attracted investors leasing land as a speculative option on higher future prices or productivity. To be beneficial land deals need to induce productivity enhancing investments. Some of these will be publicly provided (infrastructure,...

Abstract The death toll from secondhand tobacco smoke is staggering. Secondhand smoke is responsible for the early deaths of up to 65,000 Americans annually and for every eight smokers who die from smoking, one nonsmoker dies. Secondhand smoke contains more than 4,000 chemicals and 43...

Lease has proved to be one of the most efficient means for financing investments oriented towards goods’ production and service. Having a leading position within modern economy, lease makes it possible the dissociation between those who have large capitals and those who need these capitals and...

The topic of this article is one of the species of the lease contract, that is the lease contract having as lessor the state, a country or a city (a public-law legal entity), as it is defined by the Romanian Law. The article debates this matter in a comprehensive, quasi exhaustive manner,...

Much African land currently has low productivity and has attracted investors purchasing (or leasing) land as a speculative option on higher future prices or productivity. If land deals are to be beneficial they need to induce productivity enhancing investments. Some of these will be publicly...

В докладе арендные отношения рассматриваются как важнейший институт повышения эффективности использования государственной и муниципальной собственности в...

В докладе арендные отношения рассматриваются как важнейший институт повышения эффективности использования государственной и муниципальной собственности в...

Introduction: Recent Federal Court decisions highlight a renewed vigour on behalf the of the Australian Competition and Consumer Commission (ACCC). In the last year (2003–2004) the regulator has been aggressively targeting advertising which it considers to be misleading and deceptive. This...