Gao S. International Leasing. Strategy and Decision 2020 torrent

Textbook in PDF format

First published in 1999, this book aims to study international leasing, in which it mainly looks at leasing on an international scale; considering how we define leasing itself and in the context of the international financial world. The dynamic nature of the modern leasing industry began in the 1950s in the USA when tax incentives for investment were created. In May 1952, Henry Schoenfield set up a separate corporation in the USA to handle one particular type of leasing transactions. He soon gained the confidence that leasing could be overlooked as a useful financing tool for business and decided to develop and market this technique. The company he founded with a capital of US$20,000, called the United States Leasing Corporation (now United States Leasing International, Inc.), was the first independent corporation to engage in the business of equipment leasing in the USA and still is one of the largest American leasing companies. Globally, the development of leasing accelerated in the 1960s and the 1970s in west Europe, in the 1980s in Asian and Latin American countries, varying based on the circumstance of an individual country. Expansion was primarily marked by the emergence of leasing companies to offer financing to companies within their own countries. The modern leasing industry has developed progressively since the 1960s