LEASING AS A FORM OF FINANCING IN ROMANIA. FROM THEORY TO PRACTICE

George-Aurelian Tudor
Additional contact information
George-Aurelian Tudor: BUCHAREST UNIVERSITY OF ECONOMIC STUDIES, ROMANIA

Annals - Economy Series, 2022, vol. 3, 91-102

Abstract: The increasingly pressing presence of today's financial difficulties is leading top management, and not only, to identify new opportunities for economic revitalization, which implies the operationalization of a higher level of cash flow compared to previous periods and, why not, the orientation towards new business directions of companies operating in the current economic environment. Thus, the principal focus of this article is on respondents' perceptions of the use of leasing as a form of financing, given that more and more companies are using this form of financing (leasing) to purchase cars. This research also contributes to the literature on the concept of leasing as a form of financing. The authors' expectations are aimed at confirming a high level of leasing's appreciation as a financing instrument and valuable in companies' strategy setting. In this article the authors carried out a questionnaire that was distributed to 100 respondents, accounting professionals and not only, on the basis of which we can investigate their (the respondents') appreciation of leasing as a form of financing, as well as to identify some stereotypes on how accountants and not only accountants act in the current economic environment. Among the results obtained, 70% of respondents appreciate leasing as a form of financing. However, leasing as a instrument for setting objectives is appreciated to a lesser percentage. Also, the relevance of the accountant plays an important role in the process of advising companies, with 70% of respondents appreciating this aspect.

Keywords: Leasing; strategy; accountant; economic growth; options (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.utgjiu.ro/revista/ec/pdf/2022-03/11_Tudor.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2022:v:3:p:91-102

Access Statistics for this article

More articles in Annals - Economy Series from Constantin Brancusi University, Faculty of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Ecobici Nicolae ( this e-mail address is bad, please contact ).