Suggested Readings

Ross-Westerfield-Jaffe: I V. Long-Term Financing I 21. Leasing I I © The McGraw-Hill

Corporate Finance, Sixth Companies, 2002

Edition

Chapter 21 Leasing 607

Other important readings are

Ang, J., and P. P. Peterson. "The Leasing Puzzle." Journal of Finance 39 (September 1984). McConnell, J. J., and J. S. Schallheim. "Valuation of Asset Leasing Contracts." Journal of

Financial Economics 12 (August 1983). Schall, L. D. "The Lease-or-Buy and Asset Acquisition Decisions." Journal of Finance 29 (September 1974).

Sivarama, K. V., and R. C. Moyer. "Bankruptcy Costs and Financial Leasing Decisions."

Financial Management (1994). Smith, C. W., Jr., and L. M. Wakeman. "Determinations of Corporate Leasing Policy." Journal of Finance (July 1985). Sorenson, I. W., and R. E. Johnson. "Equipment Financial Leasing Practices and Costs: An

Empirical Study." Financial Management (Spring 1977). A complete guide to the lease-versus-buy decision is in

Schallheim, James S. Lease or Buy. Boston, Mass.: Harvard Business School Press, 1994.

Borrowing Basics

Borrowing Basics

Some small business persons cannot understand why a lending institution refused to lend them money. Others have no trouble getting funds, but they are surprised to find strings attached to their loans.

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