The Buy or Lease Decision: An Enhanced Theoretical Model Based on Empirical Analyses with Implications for the Container Financing Decision of Sh

ISBN-13: 9783631615935 / Angielski / Twarda / 2011 / 200 str.

Haasis, Hans-Dietrich

Opis

About 40% of the shipping containers worldwide are leased, while 60% are owned by shipping lines. This book analyzes the motivations behind the buy or lease decision generally, as well as special aspects in container shipping. Based on the status of research, the author performs new macro- and microeconomic regression analyses to identify variables affecting these decisions. A shipping line survey provides further detailed insights. Notably, the author presents an enhanced model for the evaluation of the buy or lease decision that integrates financial, logistical and macroeconomic variables into the analysis. This book enables both shipping lines and container leasing firms to optimize their decisions.

Spis treści

Contents: Status of research - Literature overview - Macroeconomic time series evaluation - Microeconomic panel analysis - Shipping line survey - Enhanced theoretical model.

O autorze

Michael Wehrheim studied economics at the University of Heidelberg (Germany). He started his career with several positions in the financial services industry, including banking, management consulting, and venture capital. More recently, he served as CFO of a spin-off from a large car manufacturer and as Vice President of Finance of a global container lessor. He is currently Managing Director of a consulting company, through which he offers corporate finance advice.