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Factors Influencing Automobile Financial Leasing and Risk Control – An Empirical Study on China Automobile Leasing Market

Abstract Financing lease has bloomed as a new financing tool in China for the last several years. In this thesis I investigate the factors that influence China’s automobile financial leasing decisions by both lessors and lessees through market surveys. Based on Probit regression analysis of the data collected from 250 companies and 300 individuals, I find that a firm is more likely to use automobile financial leasing when its corporate tax rate is lower, growth potential is more stabilized, and profit is higher. It is also more likely to happen when a firm's long-term debt ratio and its degree of internationalization are higher. At the individual level, I find that the likelihood of individuals’ leasing decision is influenced by their risk prefe... (more)
Created Date 2015
Contributor Lin, Zhen (Author) / Zhang, Anming (Advisor) / Pei, Ker-Wei (Advisor) / Chen, Hong (Committee member) / Arizona State University (Publisher)
Subject Business / Finance / AHP method / Financial leasing / Influencing factors / Probit regressions / Supply and demand of the market / Survey study
Type Doctoral Dissertation
Extent 130 pages
Language Chinese
Reuse Permissions All Rights Reserved
Note Doctoral Dissertation Business Administration 2015
Collaborating Institutions Graduate College / ASU Library
Additional Formats MODS / OAI Dublin Core / RIS

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Description Dissertation/Thesis