کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
7341303 1476157 2009 12 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Operating and synthetic leases: Exploiting financial benefits in the post-Enron era
کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی مدیریت، کسب و کار و حسابداری حسابداری
پیش نمایش صفحه اول مقاله
Operating and synthetic leases: Exploiting financial benefits in the post-Enron era
چکیده انگلیسی
Results indicate that by reporting operating leases, firms avoided on average $582 million of liabilities (11% of total liabilities) and $450 million of assets (4% of total assets) for our 366 sample firms. Partitioning sample into negative and positive income impact subgroups provides additional insight into firm's motivation for using operating leases. Under lease capitalization the top quartile positive subgroup experienced an 18% increase in income while the top quartile negative subgroup had an 11% decline in income. There was also a significant negative impact on liquidity, leverage and performance ratios.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Advances in Accounting - Volume 25, Issue 1, June 2009, Pages 28-39
نویسندگان
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