Graph 1
Model results_
| Variables in the equation | B | SE | Wald | Sig. | Exp (B) |
|---|---|---|---|---|---|
| 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 |
Factorial analysis – component matrix_
| Elements of index – knowing the advantages of leasing | Factors |
|---|---|
| Leasing other than credit removes the risk of the facility being outdated.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 |
Variables used in quantitative research_
| Variable | Conceptualisation and operationalisation of the variable | Measurement method and transformations |
|---|---|---|
| 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 |
| 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 |
Correlations of variables in the model_
| Variable | Age (Ln) | Income (Ln) | Number of employees (Ln) | Value of assets (Ln) | Need for financing | Leasing recognition index |
|---|---|---|---|---|---|---|
| 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 |