scholarly journals MAIN FEATURES OF FINANCIAL LEASING USING INTERNATIONAL EXPERIENCE

2021 ◽  
Author(s):  
Gunel Safarova
Keyword(s):  
Capital Market ◽  
International Experience ◽  
Market Analysis ◽  
Securities Market ◽  
External Financing ◽  
Financial Leasing ◽  
Investment Financing ◽  
Fixed Assets ◽  
Financing Mechanism ◽  
Theoretical Foundations

The article discusses the features of the development of leasing, taking into account international experience. Based on the experience of the American and Western European leasing market, analysis of the operating activities of foreign leasing companies, the theoretical foundations of investment financing from external financial sources using the international leasing mechanism are presented. The article reveals the features of the investment financing mechanism based on the international leasing scheme, taking into account the acceptability of financing conditions, both for the enterprise-lessee and for the company-lessor. Attention is drawn to the possibility of external financing of such a leasing transaction with the involvement of investors and the issue of bonds on the open securities market. Leasing will allow not only to update the fixed assets of a number of leading industries, but also to solve the problem of financing this process at the same time. International experience of leasing application plays an important role in this. Without requiring large one-time expenses of their own funds from enterprises, leasing at the same time guarantees the purposeful development of financial resources, which ultimately will allow attracting into the industry the opportunities of the Russian capital market that have not been fully utilized so far, as well as funds from foreign investors.  

Institutional Investors on the Securities Market

2003 ◽  
pp. 95-101
Author(s):  
O. Khmyz
Keyword(s):  
Financial Crisis ◽  
Capital Market ◽  
Hedge Funds ◽  
Institutional Investors ◽  
Securities Market ◽  
Main Role ◽  
Investment Funds ◽  
Investment Process ◽  
The Capital Market

Acording to the author's opinion, institutional investors (from many participants of the capital market) play the main role, especially investment funds. They supply to small-sized investors special investment services, which allow them to participate in the investment process. However excessive institutialization and increasing number of hedge-funds may lead to financial crisis.

FINANCIAL LEASING AND WAYS OF ITS DEVELOPMENT

2021 ◽  
Vol 21 (1) ◽  
pp. 252-261
Author(s):  
Murat Abdiev ◽  
◽  
Nurgul Abdullaeva ◽  
Keyword(s):  
Market Economy ◽  
Economic Integration ◽  
Kyrgyz Republic ◽  
Financial Leasing ◽  
Technical Base ◽  
Fixed Assets ◽  
The Subject

The article examines the role of the financial leasing system for raising the economy of the Kyrgyz Republic (KR) and the ways of their development in the context of economic integration, clarifies their theoretical and practical provisions. The subject of the study is financial leasing in a market economy, and the purpose of the study is to integrate as a member of the EAEU in raising the economy of the Kyrgyz Republic while strengthening the material and technical base of fixed assets, studying the essence and role of financial leasing and ways of their development. According to the results of the study, based on the study of the essence of financial leasing, the role in the economy, its forms, advantages, the ways of their development in the context of integration are proposed.

Twitter Based Capital Market Analysis Using Cloud Statistics

2019 ◽  
Vol 11 (2) ◽  
pp. 54-60 ◽  
Author(s):  
Sangeeta Gupta ◽  
Rajanikanth Aluvalu
Keyword(s):  
Capital Market ◽  
Missing Values ◽  
Market Analysis ◽  
Social Networking Site ◽  
Unstructured Data ◽  
Modern World ◽  
Cloud Environment ◽  
Statistical Measure ◽  
Data Record

People in the modern world are attracted towards smart working and earning environments rather than having a long-term perception. The goal of this work is to address the challenge of providing better inputs to the customers interested to investing in the share market to earn better returns on investments. The Twitter social networking site is chosen to develop the proposed environment as a majority of the customers tweet about their opinions. A huge set of data across various companies that take inputs from Twitter are processed and stored in the cloud environment for efficient analysis and assessment. A statistical measure is used to signal the worth of investing in a particular stock based on the outcomes obtained. Also, rather than ignoring the missing values and unstructured data, the proposed work analyzes every single entity to enable the customers to take worthy decisions. Tweets in the range of 1 to 100,000 are taken to perform analysis and it is observed from the results that for a maximum of 100,000 tweets, the number of missing is identified as 2,524 and the statistical measure to fill in the missing values is calculated based on the particular missing data record, the count of all data records, and the total number of records. If the outcome of the measure is obtained as a negative, then proceeding with an investment is not recommended. The findings of this work will help the share market investors to earn better profits.

Impact of financial capability on firms’ competitiveness and sustainability

2014 ◽  
Vol 8 (4) ◽  
pp. 593-623 ◽  
Author(s):  
M.M. Fonseka ◽  
Gao-liang Tian ◽  
Liu-chuang Li
Keyword(s):  
Capital Market ◽  
Theoretical Background ◽  
Easy Access ◽  
Regulatory Regime ◽  
External Financing ◽  
Financial Capability ◽  
Content Type ◽  
Fair Competition ◽  
Bank Financing ◽  
The Impact

Purpose – The purpose of this paper is to investigate the impact of different sources of external financing and internal financial capabilities on competitiveness and sustainability. This paper also studies the nature of their relationships related to regulations on external financing in Chinese capital market. Design/methodology/approach – Resource- and industry-based views provide a theoretical background. Based on balanced panel of 4,530 firm-year observations, hierarchical regressions were used to examine the research model. Findings – Results support the idea that the strict Chinese regulatory regime allows some firms to access capital and debt markets for financing more than others. It was found that firms’ internal financing abilities do not offer a significant advantage compared to external financing abilities; firms’ abilities to raise capital from existing shareholders, the public and easy access to bank financing are related positively for an advantage on firm’s competitiveness within a industry. Firms with the ability to offer shares to existing shareholders, issue non-convertible and convertible bonds and access to bank financing are sustainable in long-run. Research limitations/implications – This study focuses on sources of financial capability of Chinese listed firm impact on competitiveness and sustainability. It is context specific to a regulated market. Hence, it is necessary to replicate this study in other contexts. Practical implications – Implications include the need to mobilize external financial resources for small and privately-owned firms and to further reform security regulations to ensure fair competition and sustainability. Originality/value – The authors originally investigate the effect of sources of financial capability impact on firms’ competitiveness and sustainability in a regulated market. The paper explains the relationships, and enhances the understanding of regulated capital market and existing literature.

scholarly journals An empirical analysis of the influence of financialization on investment in Russia

2021 ◽  
Vol 7 (3) ◽  
pp. 233-249
Author(s):  
Dmitry S. Tretyakov ◽  
Ivan V. Rozmainsky
Keyword(s):  
Panel Data ◽  
Empirical Analysis ◽  
Small Firms ◽  
Crowding Out ◽  
External Financing ◽  
Fixed Assets ◽  
Financial Investments ◽  
Internal Funds ◽  
The Impact ◽  
Physical Investment

This paper tries to estimate the impact of financialization on fixed investment in Russia. The work is carried out by using panel data based on reports of non-financial publicly listed companies for 1999–2019. The study finds that financial expenses aimed at paying interest on external financing and paying dividends — that is, focusing on shareholder value, and hence decreasing the internal funds of companies, reduce real investments. Financial incomes have shown the crowding-out effect for large companies. Financial incomes as additional “free” funds in large companies are not perceived as an opportunity to accumulate fixed assets. Managers prefer to increase ­financial investments instead of real ones. In small and medium-sized companies, financial incomes, however, drive the growth of physical investment. This is because small firms, at a particular stage in their lives, find it more profitable to invest in their own growth. The results from the general sample, without dividing by size, indicate that financialization in Russia clearly reduces real investment.

scholarly journals Leasing as a Tool for Innovative Development of Enterprises

2021 ◽  
Vol 7 (522) ◽  
pp. 195-201
Author(s):  
O. V. Zhulyn ◽  
◽  
I. I. Nazarenko ◽  
N. P. Tesliuk ◽  
V. V. Shturko ◽  
...  
Keyword(s):  
Financial Literacy ◽  
Financial Services ◽  
Capital Investment ◽  
Financial Statements ◽  
Financial Inclusion ◽  
Bank Loan ◽  
Innovative Development ◽  
Financial Leasing ◽  
Fixed Assets ◽  
The Relationship

In countries with a developed financial market, one can often see the relationship between the level of distribution of financial leasing services and the volume of capital investment and the introduction of innovations in enterprises. In the context of the implementation of the concept of sustainable development and updating of fixed assets for more energy-efficient ones, financial leasing services are gaining special popularity. The article is aimed at comprehensive analyzing of the domestic market of leasing services and developing a mechanism for improving financial leasing services as a tool for innovative development of enterprises. The article considers the concept of financial leasing; the development of the leasing services market in Ukraine is analyzed; the main problems of leasing services provision, as well as their advantages compared to a bank loan are highlighted; the main directions of development of financial leasing services are proposed. As a result of scientific researches, a mechanism for the development of the financial leasing services market as a tool for innovative development of enterprises and financial inclusion in general has been developed. This mechanism provides for: creation of conditions for easy and equal access to the financial services market for all lessors; expanding possible sources of financing for leasing companies; conducting financial statements in accordance with IFRS and risk management system; carrying out measures to improve financial literacy with an emphasis on the advantages of leasing for enterprises, which should contribute to financial inclusion; creation of a balanced policy of taxation of leasing operations and licensing of owners of leasing companies only with impeccable business reputation and fair behavior in the financial services market.

scholarly journals THE TENDENCIES AND OBSTACLES OF THE DEVELOPMENT OF SECURITIES MARKET OF UZBEKISTAN BEYOND INTERNATIONAL EXPERIENCE AND GOVERNMENTAL MACROECONOMIC POLICIES

2010 ◽  
Vol 1 ◽  
Author(s):  
SHOHA’ZAMIY SHOHMANSUR
Keyword(s):  
Developing Countries ◽  
System Analysis ◽  
International Experience ◽  
Bond Market ◽  
Securities Market ◽  
Macroeconomic Policies ◽  
The World ◽  
Further Development

The article is dedicated to analysis of the condition, trend and problems of the development bond market Uzbekistan in collation with 76 developing countries of the world. On base of the system analysis between countries are given useful for Uzbekistan findings and recommendations on the further development bond market.

scholarly journals Acceleration of the cycle of extended reproduction of the active part of fixed assets in construction

2018 ◽  
Vol 212 ◽  
pp. 08001 ◽  
Author(s):  
Tatyana Alekseeva
Keyword(s):  
National Economy ◽  
High Performance ◽  
Technological Development ◽  
Active Part ◽  
Construction Sector ◽  
Construction Work ◽  
Financial Leasing ◽  
Construction Organizations ◽  
Fixed Assets ◽  
Scientific And Technological Development

One of the main reasons hindering the scientific and technological development of construction and the national economy as a whole is the mismatch of the cycles of expanded reproduction of the active part of fixed assets in construction as the basic cycles of the development of construction. The renovation of the active part of the fixed assets of construction organizations in the conditions of shrinking the investment base of construction is very slow, and, as a result, there is no timely provision of construction work with the new high-performance construction equipment and vehicles. Financial leasing, as world experience shows, is an effective tool for updating the fixed assets of construction organizations, but its share is too small in the total volume of investments in the active part of fixed assets in construction. There is a need to develop new mechanisms that would ensure synchronization of the basic cycles of development in construction and contribute to the development of leasing technologies in the construction sector. As a result of scientific research, a new mechanism for accelerating the cycles of expanded reproduction of the active part of the fixed assets in construction was developed. It is titled “innovative leasing engineering,” which allows to synchronize them with construction and investment cycles, contributes to increasing the volume of financial leasing in construction, and also provides timely support and capacity of strengthening the innovation wave in construction, eventually contributing to the accelerated transition of the investment and construction complex, as well as the national economy as a whole, to a new technological order.

scholarly journals PROBLEMS AND PROSPECTS OF THE SECURITIES MARKET DEVELOPMENT: DOMESTIC AND INTERNATIONAL EXPERIENCE

2021 ◽  
Vol 80 (1) ◽  
pp. 216-221
Author(s):  
N.E. Dabyltaeva ◽  
◽  
D.E. Galymzhan ◽  
Keyword(s):  
Financial Markets ◽  
Financial Market ◽  
Main Tool ◽  
Developed Countries ◽  
International Experience ◽  
Securities Market ◽  
Market Development ◽  
Foreign Experience ◽  
Modern Process ◽  
The Republic

The securities market is considered as a part of the financial market. Today, the securities market has become the main object of research for many economists and scientists. One of the main reasons for this trend is that in the context of globalization of the world's economies, the main tool for the development of the financial sector of the state's economy is the development of the securities market. As a result of the modern process of globalization, the financial markets of States are becoming closer and more dependent on each other. The formation and organization of the securities market of the Republic of Kazakhstan began after the country gained its sovereignty. One of the main features of the formation of the domestic securities market during this period is the use of foreign experience of developed countries by the state

scholarly journals Financial Leasing as a Guarantee of Development of the Agricultural Sector Economy of Ukraine

2021 ◽  
Vol 26 (1) ◽  
pp. 141-146
Author(s):  
Natalia Sirenko ◽  
◽  
Kateryna Mikuliak ◽  
Tetiana Gannichenko ◽  
Alina Polishchuk ◽  
...  
Keyword(s):  
Agricultural Sector ◽  
Capital Investments ◽  
Access To Finance ◽  
Financial Leasing ◽  
Advantages And Disadvantages ◽  
Fixed Assets ◽  
Financial Investments ◽  
Provision Of Services ◽  
Effective Instrument ◽  
The Government

Annotation. Introduction. It was found that the promising direction of renewal of fixed assets and the provision of a number of additional services for the agricultural sector is financial leasing. The essence of financial leasing, the subjects involved in its implementation, as well as regulatory support are analyzed. The advantages and disadvantages of financial leasing are systematized. The dynamics of changes in the share of the value of financial leasing agreements concluded by industries and equipment is presented. The foreign experience of financial leasing as an attractive and effective instrument of financial investments is generalized. Purpose. The purpose of the study is to reveal the essence and features of financial leasing as one of the promising tools for the development of agricultural sector entities, to upgrade equipment and provide a number of additional services.Results. The article explores the realities and identifies prospects for the provision of financial leasing services to the agricultural sector of Ukraine, as an important tool for updating production assets and providing additional services. The advantages and disadvantages of financial leasing operations are systematized. The world experience of financial leasing as an attractive and effective tool of financial investments in production assets is considered. Conclusion. The growth of the financial leasing market for the provision of services to agricultural entities will be due to the resumption of economic activity and the promotion of the benefits of this form of financing capital investments. Raising consumer and small and medium-sized business awareness of leasing as a tool for access to finance should be a priority for the leasing industry, its association and the government.

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