Sector | 0.289 | 0.510 | 0.322 | 0.571 | 1.335 |
Recognition index | 0.906 | 0.284 | 10.173 | 0.001 | 2.474 |
Need_for_financing | 0.882 | 0.263 | 11.287 | 0.001 | 2.416 |
Constant | −1.222 | 1.982 | 0.380 | 0.538 | 0.295 |
Leasing other than credit removes the risk of the facility being outdated. | 0.659 |
The legal consequences in case of bankruptcy are less with the leasing. | 0.724 |
Lease terms are more favourable than credit. | 0.773 |
Leasing contracts are generally less restrictive. | 0.771 |
The advantage of taxation is the biggest advantage of leasing. | 0.698 |
Leasing enables 100% down payment financing. | 0.474 |
Contracting costs are lower in the case of leasing than credit. | 0.716 |
Leases | International Accounting Standards, IAS17 | Binary, 1 = firm used leasing, 0 = firm did not use leasing |
Need for financing | Single-item measure that describes the experience of financing a business from others (never; only once at first; when I needed it, but only to relatives; whenever I needed it) | Scalar – indicates the frequency of business financing, 1 = very low to 4 = very high |
Index of recognising the advantages of leasing | Leasing other than credit removes the risk of aging the object. The legal consequences in case of bankruptcy are less with the leasing. Lease terms are more favourable than credit. Leasing contracts are generally less restrictive. The advantage of taxation is the biggest advantage of leasing. Leasing enables 100% down payment financing. Financing costs are lower when leasing than a loan | Index created from recoded elements as an ordinal variable (1 = not at all, 4 = very much agree) |
Sectors | Production or services | Binary, 1 = production, 0 = services |
Need for funding | 0.022 | 0.061 | 0.065 | 0.109 | 1.000 | |
Leasing Recognition Index | 0.229 | 0.112 | 0.017 | 0.203 | 0.013 | 1.000 |