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