Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
963489 | Journal of International Financial Markets, Institutions and Money | 2012 | 18 Pages |
Abstract
⺠Greene's (2005) random parameter cost frontier model and a unique hand-collected dataset. ⺠Cost advantages of Italian leasing companies over 2002-2008 focusing on ownership structures and diversification strategies. ⺠Bank-related, independent and domestic leasing companies are more able to control costs than their captive and foreign counterparts. ⺠Diversification strategies are relevant in determining the cost effectiveness of leasing firms. ⺠Independent and less diversified leasing firms appear to benefit from higher economies of scale and greater technological advancements.
Keywords
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Authors
Marta Degl'Innocenti, Claudia Girardone,