Το leasing ως εναλλακτική μορφή χρηματοδότησης
Leasing as an alternative form of financing
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Keywords
Χρηματοδοτική μίσθωση ; Κεφάλαιο επιχειρηματικών συμμετοχών ; Ενεργητικό ; Κεφάλαιο κίνησης ; Ρευστότητα ; Ίδια Κεφάλαια ; Αποθέματα ; Υποχρεώσεις ; Ξένα κεφάλαια ; Απαιτήσεις ; Δανειακή επιβάρυνση ; Μόχλευση ; Υπερχρέωση ; Πτώχευση ; Leasing ; Venture capital ; Assets ; Working capital ; Liquidity ; Equity ; Stocks ; Liabilities ; Foreign equity ; Loan charge ; Leverage ; Indebtedness ; BankruptcyAbstract
This Master Thesis presents an alternative form of financing, known as Leasing. Leasing is a relatively new way to finance every kind of company in order to obtain the right equipment for the provision of its services. In the recent years, Leasing has met a lot of development and it is applied even more often in our country, Greece.
It is consisted of four Chapters. In the first Chapter, is listed general information concerning Leasing, such as its definition, a historical flashback, combined with some cases where Leasing was used, and the law which established that type of financing in Greece. This chapter also refers to the liabilities of the parties that take part in Leasing, namely the lessor and the lessee.
In the second Chapter, it is included a more specific analysis concerning Leasing. Firstly, this chapter mentions the criteria which both parties ought to meet, in order to be financed with that particular type of financing. The kinds and the forms of Leasing are also indicated. It is given some reference to the advantages and the disadvantages, not only for the contracting parties, but for the national economy as well.
Subsequently, the third Chapter presents two companies which provide medical services to the people, whose names are VIOIATRIKI and EUROKLINIKI, placed in Athens, Greece, followed by their financial data for the years 2011 - 2015. Both companies provide similar services to the people concerning their health. The basic difference lies to the ways that are financed. More specifically, the first one uses Leasing in order to acquire the right equipment for its services, whereas the second one is financed with Venture Capital.
In ending, the fourth Chapter lists some calculations of specific ratios which are useful in order to have more detailed information about the economic situation of each company. The investigation based on the particular ratios will make us to deduce whether it is preferred to choose Leasing as a way of financing, not only against the Venture Capital, but in general.