A Lease Decision Can also Be a Good Sign (notice n° 545646)
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fixed length control field | 01019cam a2200169 4500500 |
005 - DATE AND TIME OF LATEST TRANSACTION | |
control field | 20250121113800.0 |
041 ## - LANGUAGE CODE | |
Language code of text/sound track or separate title | fre |
042 ## - AUTHENTICATION CODE | |
Authentication code | dc |
100 10 - MAIN ENTRY--PERSONAL NAME | |
Personal name | Lobez, Frédéric |
Relator term | author |
245 00 - TITLE STATEMENT | |
Title | A Lease Decision Can also Be a Good Sign |
260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
Date of publication, distribution, etc. | 2007.<br/> |
500 ## - GENERAL NOTE | |
General note | 5 |
520 ## - SUMMARY, ETC. | |
Summary, etc. | Within a framework of information asymmetry, we study the informative content of a lease financing decision. The riskiest firms being most disposed to increase their economic risk, we show the rationality of a signalling equilibrium in which the firms of better quality voluntarily restrict their possibilities of substituting assets by privileging financing by leasing in relation to that by bank debt. We conclude that firms of good quality can signal themselves while using more leasing. |
700 10 - ADDED ENTRY--PERSONAL NAME | |
Personal name | Statnik, Jean-Christophe |
Relator term | author |
786 0# - DATA SOURCE ENTRY | |
Note | Revue économique | 58 | 4 | 2007-07-23 | p. 941-951 | 0035-2764 |
856 41 - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-revue-economique-2007-4-page-941?lang=en&redirect-ssocas=7080">https://shs.cairn.info/journal-revue-economique-2007-4-page-941?lang=en&redirect-ssocas=7080</a> |
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