Issue |
E3S Web Conf.
Volume 110, 2019
International Science Conference SPbWOSCE-2018 “Business Technologies for Sustainable Urban Development”
|
|
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Article Number | 02034 | |
Number of page(s) | 9 | |
Section | Environmental Management and Economics | |
DOI | https://doi.org/10.1051/e3sconf/201911002034 | |
Published online | 09 August 2019 |
Risk management of leasing companies
1 Higher School of Economics, St. Petersburg ; Russia
2 Institute for Problems of Regional Economics RAS, Serpukhovskaya street, 38, Sankt-Peterburg, 190013, Russia
* Corresponding author: ev.kuzmina@hse.ru
The need to improve the investment climate and form a new efficient system of economic relations requires the use of new economic mechanisms, among which leasing is one of the most effective for the development of the real economy. The paper deals with the risk management problems of leasing companies and leasing projects. It discusses the activities of specialized leasing companies and methods of risk management of leasing transactions based on basic risk management processes in project management, analyzes various types of risks associated with lessors, discusses methodological approaches to managing risks of leasing companies in general, and economic and mathematical methods for assessing risks of default for lessees. An econometric model has been created that allows predicting confidence in the payment of lease payments or the default of the lessee. The obtained model excludes the subjective methods for assessing the potential client's solvency and is less labor-intensive in comparison with the scoring model and the method of expert assessment.
© The Authors, published by EDP Sciences, 2019
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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