The Incidence of Risk Factors on Establishing the Rental Payment by the Lessors
Résumé
In this paper, we shall expose the risks inherent to leasing operations, undertaken by the
lessor, and their influence on establishing the debtor installment afferent to these
operations. Within the theoretical works regarding the establishing of periodic rental
payments, two types of risks were identified: the credit risk and the residual value risk. The
influence of risks inherent to leasing operations, for the lessor, will be analyzed by means of
two models: Miller and Upton’s model and Grenadier’s model. This analysis will allow us to
notice the heterogeneity of lessors’ offers, which justify, on the one hand, through the
different profile of the lessee enterprises, and, on the other hand, through the nature of the
asset financed.
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- 2011_fascicula1_nr2 [17]