A Practical Assessment of Strategic Management Processes in Leasing - A Case Study of the Lease Finance Unit of Freann Financial Services Limited (FFSL)
11 Pages Posted: 2 Sep 2018
Date Written: August 22, 2018
Freann Financial Services Company (FFSL) was established in 2008 to provide finance for equipment acquisition by companies through leasing. Leasing is fundamentally a business arrangement, where the owner of an asset (Lessor) allows another person (Lessee) to have possession and use of the asset for a consideration (rental). The essential feature of leasing is the retention of ownership of the asset by the party who allows the other party to use it, a “permanent separation of ownership and use”. This key element distinguishes leasing from other forms of purchase, loan or credit instruments.
Keywords: Strategic management, Leasing, Business activities
JEL Classification: M31, M39
Suggested Citation: Suggested Citation