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Leases and Debt: Complements or Substitutes? Evidence from Belgian SMEs

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References

1984Corporate financing and investment decisions when firms have information that investors do not have18,936 cited
1977Determinants of corporate borrowing13,160 cited
1995Capital market imperfections and the incentive to lease298 cited
1984The Leasing Puzzle197 cited
1994Bankruptcy Costs and the Financial Leasing Decision165 cited
2006Leasing and Debt Financing: Substitutes or Complements?127 cited
1992Are Debt and Leases Substitutes?123 cited
2000Operating leases and the assessment of lease–debt substitutability94 cited

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2017Powerful CEOs, debt financing, and leasing in Chinese SMEs: Evidence from threshold model27 cited
2022Factors Affecting Small and Micro Enterprise Performance with the Mediating Effect of Government Support: Evidence from the Amhara Region Ethiopia26 cited
2013Leasing Decisions and Credit Constraints: Empirical Analysis on a Sample of Italian Firms26 cited
2018Does the level of financial leasing matter in the impact of bank lending on economic growth: Evidence from the global market (2006–2016)

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24 cited

2008Financial Constraints and the Decision to Lease - Evidence from German SME24 cited

2009Determinants of using operating lease in the hotel industry22 cited

2013Why companies choose to lease instead of buy? Insights from academic literature16 cited

2020Economic and institutional determinants of lease financing for European SMEs: An analysis across developing and developed countries15 cited

2015Financing Patterns of European SMEs An Empirical Taxonomy15 cited