Consideración de los efectos de la capitalización de arrendamientos operativos en las principales ratios financieras

M. Àngels Fitó, Soledad Moya, Neus Orgaz

Producció científica: Article en revista indexadaArticleAvaluat per experts

33 Cites (Scopus)

Resum

Current IFRS accounting regulation does not require capitalization of operating leases. However, this may change once the new IASB proposal is published. Relevant Spanish companies have been lobbying strong for the delay or even the cancellation of the proposal. In this paper we assess the potential impact that would be derived from operating leases capitalization. We have built on the constructive capitalization method as the basis for our analysis but we have also run the tests with the factor method. Results show how the impact on financial ratios is statistically significant. When the sector is considered, retail and energy show to be most affected. We also find a positive relationship between size, ratio variation and retail sector membership. Our results answer to the question of why Spanish companies show themselves against this proposal. This study is an ex ante research and can not go beyond the effect analysis of this new standard.

Títol traduït de la contribucióConsidering the effects of operating lease capitalization on key financial ratios
Idioma originalCastellà
Pàgines (de-a)341-369
Nombre de pàgines29
RevistaRevista Espanola de Financiacion y Contabilidad
Volum42
Número159
DOIs
Estat de la publicacióPublicada - 2013
Publicat externament

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