医疗设备融资租赁优势及财务风险分析

医疗设备融资租赁为医院解决资金短缺提供了一种思路,文章分析医疗设备融资租赁的优势,以及医疗设备融资租赁的财务风险分析。     

关于医疗设备融资租赁的思考

融资租赁为医院购置医疗设备提供了新的筹资渠道,是一种花少量资金取得医疗设备使用权的融资方式。本文从医疗设备融资租赁的现状、优势、问题及对策等角度出发,对医疗设备融资租赁进行了研究。     

医院医疗设备融资租赁对策探析

本文论述在新医改的背景下医院医疗设备融资租赁发展前景,并且从健全租赁行业法律规章制度建设、发挥医院在融资租赁中掌握信息的作用、租赁公司要要立足实际加强管理这三个方面来展开对医疗设备融资租赁行业发展的对策。     

对事业单位融资租入固定资产会计核算问题的探讨

融资租入固定资产是以资产融通的方式由企业向租赁公司租入的固定资产,这种租赁方式租赁期较长,租赁费不是一般的租金、实际上是以分期付款的方式购买固定资产。对事业单位融资租入固定资产的会计核算,现行《事业单位会计制度》是这样规定的:融资租入的固定资产的价值按租赁协议确定的设备价款、运杂费、安装费等记账,当融资租入固定资产时,借记“固定资产”(《事业单位会计准则》中规定融资租入的固定资产应当比照自有固定资产核算》科目,贷记“其他应付款”科目。支付租金时,借记有关支出科目,贷记“固定基金”科目;同时借记“其他应付款”科目,     

区县级公立医院融资租赁医疗设备浅议

先进的医疗设备能满足更高的需求,提升医院的市场竞争力,在医改大环境下,区县级公立医院存在不同程度的资金短缺问题,融资租赁是医院在资金周转不畅的情况下,取得医疗设备比较有效的途径.本文主要就区县级公立医院融资租赁的相关问题进行探讨.     

融资租赁中未确认融资费用的会计处理辨析

<正>融资租赁与经营租赁不同,融资租赁事实上出租方已经将与租赁资产相关的主要风险和报酬转移给了承租方。出租方与承租方虽然签订的是租赁协议,但出租方一般会根据承租方的要求购买租赁资产,承租方对租赁资产的使用、维护负全部责任,出租方对融资方提供的实质上是融资服务。因此,按照实质重于形式,承租方应当将融资租入资产视同自有资产进行管理。承租方按照融资租入资产的公允价值与最低租赁付款额的现值中较低者作为资产的初始入账价值,最低租赁付款额与资产入账价值的差额是承租方付出的融资费用,承租方确认为"未确认融资费用"按照实际利率法在各期进行摊销。     

亚行贷款助力英大租赁为中国中西部医院设施提供资金

亚洲开发银行(简称:亚行)计划向英大汇通融资租赁有限公司(英大租赁)提供一笔高达7,500万美元的等值贷款,帮助其扩大投入支持中国中西部地区医院租赁医疗设备设施所急需的资金. 亚行私营部门业务局投资专家黄飙指出,"虽然政府正在大幅增加全国医疗卫生支出,扩展公共医疗保险计划,但医疗服务质量和融资渠道仍存在显著差距,中西部地区落后于其他地区.英大租赁是国家电网公司和通用电气合资企业,在医疗融资租赁领域的业绩优异.这笔贷款将为英大租赁提供其所需的长期资金,以帮助欠发达地区医院改善设备,提升医疗水平."     

融资租赁固定资产税会处理差异分析

以融资租赁方式租入固定资产的业务会计处理十分复杂，与税法的处理方式存在较大的差异。本文从初始成本、租赁期间着手进行税会差异分析，并列举实例探讨融资租赁固定资产的纳税调整。     

医院融资性售后回租赁决策的探讨

近年来,医院为满足人民群众日益增长的就医需求,改善医疗环境和条件,对医疗设备购置和规模扩张的资金需求量也越来越大。而现实中财政对公立医院投入严重不足,医院自有资金和单一的筹资渠道亦不能满足资金需求,从而限制了医院的发展。售后回租赁业务以其高效便捷的融资方式,对医院事业发展起到了积极的推动作用,同时也加重了医院的财务负担及风险,本文着重对医院融资性售后回租赁业务的融资方式、筹资风险及决策进行探讨。     

售后融资租赁中资产计价之我见

售后租赁交易是一种将自有资产出售后再向买方租回的交易。在这种交易中，卖方同时是承租方，买方同时是出租方。售后租赁按与租赁资产所有权相关的风险和报酬是否发生实质转移分为售后融资租赁和售后经营租赁两种。本文讨论售后融资租赁中承租方租入资产的计价问题。     

Debt and Taxes and Uncertainty

With a graduated personal tax schedule, Miller showed that there could be an equilibrium debt supply for the corporate sector as a whole. In the presence of uncertainty there is also a unique debt/equity ratio for each individual firm, and this ratio is related to the firm's operational risk characteristics. However, if firms merge and spin off in response to tax incentives, the identity of firms is ambiguous and only the corporate sector is a meaningful construct. These arguments are developed in both discrete and continuous models that employ extensions of the arbitrage-free pricing theory.     

教育与资本怎样的前景怎样的现实

来自政府的声音: "动员各种社会资源,发展教育" 此次论坛上财政部长助理张少春的发言是最受关注的发言之一.他的演讲传达出的信息有这样几方面:第一,谈到现实,他认为全社会对教育的巨大需求与我国公共投入不足已成为我国教育事业发展的突出矛盾.近年来,以公共部门投入为主,多渠道筹措教育经费的教育投入机制成为解决这一问题的重要途径,也使得公共部门与私营部门在教育领域的合作日益密切.第二,谈到前景,他认为,1.中国经济持续、快速的增长对高技能人才产生巨大的需求,这为私营部门的参与提供了广阔空间.2.随着公共财政职能的不断完善,财政资金将在各项教育事业中重新进行分配,进一步优化财政支出结构,提高资金的使用效率.在"十一五"期间,我国将把公共支出的重点转移到农村.我们将逐步把全体农村适龄儿童的义务教育全部纳入公共财政体制.     

East and west and north and south : A preliminary model

The Brandt report and other proposals for a new North-South world order continue to be the focus of lively debate, yet it is often argued that little concrete has emerged from their recommendations. A major reason for this, the author argues, is that the East-West conflict component is not sufficiently taken into consideration-East-West tensions are a severe constraint on and a determining factor of North-South relations. Using influence diagrams, the author develops a flexible framework for discussion and assessment of N/S-E/W relations.     

Director gender and mergers and acquisitions

Does director gender influence CEO empire building? Does it affect the bid premium paid for target firms? Less overconfident female directors less overestimate merger gains. As a result, firms with female directors are less likely to make acquisitions and if they do, pay lower bid premia. Using acquisition bids by S&P 1500 companies during 1997–2009 we find that each additional female director is associated with 7.6% fewer bids, and each additional female director on a bidder board reduces the bid premium paid by 15.4%. Our findings support the notion that female directors help create shareholder value through their influence on acquisition decisions. We also discuss other possible interpretations of our findings.     

Political corruption and mergers and acquisitions

This research examines the relation between political corruption and mergers and acquisitions (M&As). We find that local corruption increases firm acquisitiveness but decreases firm targetiveness. The levels of corruption in acquirer areas relate positively to the bid premiums and negatively to the likelihood of deal completion. Corruption motivates acquiring firms to use excess cash for payment, which mitigates the negative effect of corruption on acquirer shareholder value. The evidence indicates that acquisitions help acquiring firms convert cash into hard-to-extract assets and relocate assets from the high to low corruption areas, thereby shielding their liquid assets from expropriation by local officials.     

Trust and cross-border mergers and acquisitions

A number of studies suggest that social trust matters for investment. Using different measures of trust from World Values Survey, we show that countries where people display higher levels of trust engage in more cross-border M&A activities. When they do, these acquirers pay lower premiums. To the extent that these acquirers also tend to engage in larger acquisitions as well, our findings suggest that a larger selection pool of potential targets and higher value targets enable these acquirers to negotiate for lower premiums. We do not find evidence of the significant effect for target country trust levels. Hence, trust may benefit those acquiring firms in cross-border transactions.     

Tournament-based incentives and mergers and acquisitions

This research examines the relation between tournament-based incentives, which are proxied by the difference between a firm's CEO pay and the median pay of the senior managers, and mergers and acquisitions (M&As). We find that tournament-based incentives are positively related to firm acquisitiveness and acquiring firms' stock and operating performance. Further analysis indicates that positive acquisition performance increases the likelihood of the CEO being promoted from inside the acquiring firm. Our evidence is consistent with the view that tournament-based incentives motivate acquiring firms' managers to make greater efforts and take more risk that result in superior acquisition performance.     

Corporate Innovations and Mergers and Acquisitions

Using a large and unique patent‐merger data set over the period 1984 to 2006, we show that companies with large patent portfolios and low R&D expenses are acquirers, while companies with high R&D expenses and slow growth in patent output are targets. Further, technological overlap between firm pairs has a positive effect on transaction incidence, and this effect is reduced for firm pairs that overlap in product markets. We also show that acquirers with prior technological linkage to their target firms produce more patents afterwards. We conclude that synergies obtained from combining innovation capabilities are important drivers of acquisitions.