Beattie, V.; Edwards, K; Goodacre, A. - 1998
Current UK lease accounting regulation does not require operating leases to be capitalised in the accounts of lessees … valuations, company cash flows, and managers' behaviour can be indicated by the effect on key accounting ratios, which are … similar to that suggested by Imhoff, Lipe and Wright (1991), adapted for the UK accounting and tax environment, and developed …