Full Project-LEASING AS A SOURCE OF FUND FOR CORPORATE ENTITIES A CASE STUDY OF 7UP BOTTLING COMPANY PLC

Click here to Get this Complete Project Chapter 1-5

CHAPTER ONE
INTRODUCTION
1.1 Background to the Study
Leasing is a contract existing between the lessee and the lessor in which the lessor offers equipment or property to the lessee for rent at an agreed installment payment over a given period of time. The lessor retains ownership while the lessee enjoys the benefit of using the equipment or property over the period. Leasing is specially contracted for the use of land and equipment and it is as old as modern civilization. The responsibility of maintaining the leased asset lies with the lessor Leasing Properties provides the access to assets required for productive ventures, and to boost economic growth and development –Olusoga (2004).
It is suitable for the financing of fixed assets while equity is suitable for financing the use of permanent Asset for permanent operation without any threat of management/ownership, take over or dilution as well as the maintenance right balance in capital gearing structure-Owoeye (2004). Also leasing provided ease of exit when the period of the contract is due .The per capital income in Nigeria is low therefore it is difficult for entrepreneurs to accumulate fund for capital investment. This situation encourages the adoption of equipment leasing as alternative.
Competitive Market: The lease market is more competitive and customer driven especially now that the lease business is being appreciated as a lucrative business. This is because of the combination of more knowledgeable and aggressive lessees with inexpensive analytical tools. Impersonal Lease Services: The growth in technology and equipment system has greatly impacted on the business to grow into larger scale organizations running leasing services.
Changes in Lease Products: Most lease industries globally are not regulated. This spurs up market competition and quick adoption to evolving lease product mix in response to vagaries in environmental policies, Emergency of International Markets: Trade liberalization and increase in lease awareness and sophistication. Therefore the research seeks to investigate leasing as a source of fund for corporate entities (a case study of 7up bottling company plc).
1.2   Statement of the Problem
The adoption of lease as a source of fund is not without challenges especially in developing countries were leasing is not a very popular method of funding. Several problems include inadequacies in government policies which affects leasing contract in Nigeria; The Lack of social-political stability and security impedes on the development of leasing business. Lack of specialization and professionalism in the practice of leasing provides no standard measure of determining the effective and efficiency of the business. Inadequacy of legal and regulatory environmental frame works for the protection of lessees and lessors in equipment lease exchange relationships; This also impedes on the motivation to run the business. The lease market is poorly funded, hence the high incidence of fraud and corruption-Fraudulent practices-The lessor imposed stringent conditions, and each desires and actually takes advantage of the other in pricing, distribution and positioning of the offer and in the consumption of the product. These behaviors that are fraudulent and prerogative affect the components of the leased asset .inability and unwillingness of government to address the negative impacts of the Statement of Accounting Standard II which denies lessees the right to claims on capital allowance. As a result leasing is considered expensive compared to outright acquisition of assets for productive activities-there is lack of quality legal and regularity environment for the practice of leasing in Nigeria; hence activities in other sectors of the economy have direct negative impacts on leasing-Olusoga (2004). Instance of this is the fact that the judicial process in seeking redress for breach of lease obligations in Nigeria is cumbersome-Wright (2003), thus lessors have often lost their investments on equipment.
The problem of inadequacy in pricing strategies and policies, poor promotional strategies and failure to appreciate the peculiar nature of the Nigeria lease service consumers and their behavior in lease market targeting and offer positioning. The Nigeria lease industry is more of the sellers’ market; the lessors impose stringent conditions on the lessees as exchange value for the derived benefits of the lease equipment at different periods in the life span of the equipment. As a result of this lessees are involved in different fraudulent activities to cushion the impact of high price of the lease services. The problem confronting the research therefore is to proffer an appraisal of leasing as a source of fund for corporate entities (a case study of 7up bottling company plc).
1.3   Objectives of the Study
1.   To proffer an appraisal on. leasing as a source of fund for corporate entities (a case study of 7up bottling company plc).
2.   To evaluate the role of leasing as a source of fund for corporate entities.
1.4    Research Questions
1.   What is the nature and role of leasing as a source of fund for corporate entities?
2.   What is the role of leasing as a source of fund for corporate entities?
1.5    Research Hypothesis
Ho: The role of leasing as a source of fund for 7up bottling company plc. is not effective.
Hi: The role of leasing as a source of fund for 7up bottling company plc. is effective.
1.6  Significance of the Study
The research shall proffer an appraisal of leasing as a source of fund for corporate entities (a case study of 7up bottling company plc).
1.7  Scope of the Study
The study focuses on the appraisal of leasing as a source of fund for corporate entities (a case study of 7up bottling company plc).
1.8   Limitations of the Study
The study was confronted by some constraints including Financial and time factors.
Financial constraint: Insufficient fund tends to impede the efficiency of the researcher in sourcing for the relevant materials, literature or information and in the process of data collection (internet, questionnaire and interview).
Time constraint: The researcher will simultaneously engage in this study with other academic work. This consequently will cut down on the time devoted for the research work.
1.9 Definition of Terms
Leasing: is a contract existing between the lessee and the lessor in which the lessor offers equipment or property to the lessee for rent at an agreed installment payment over a given period of time. The lessor retains ownership while the lessee enjoys the benefit of using the equipment or property over the period. 

Get the Complete Project

This is a premium project material and the complete research project plus questionnaires and references can be gotten at an affordable rate of N3,000 for Nigerian clients and $8 for International clients.

Click here to Get this Complete Project Chapter 1-5

You can also check other Research Project here:

1, Accounting Research Project

2. Adult Education
3. Agricultural Science
4. Banking & Finance
5. Biblical Theology & CRS
6. Biblical Theology and CRS
7. Biology Education
8. Business Administration
9. Computer Engineering Project
10. Computer Science 2
11. Criminology Research Project
12. Early Childhood Education
13. Economic Education
14. Education Research Project
15. Educational Administration and Planning Research Project
16. English
17. English Education
18. Entrepreneurship
19. Environmental Sciences Research Project
20. Guidance and Counselling Research Project
21. History Education
22. Human Kinetics and Health Education
23. Management
24. Maritime and Transportation
25. Marketing
26. Marketing Research Project 2
27. Mass Communication
28. Mathematics Education
29. Medical Biochemistry Project
30. Organizational Behaviour
31. Other Projects
32. Political Science
33. Psychology
34. Public Administration
35. Public Health Research Project
36. More Research Project
37. Transportation Management
38. Nursing

Need a Project Writer for a Different Topic

• MSC PROJECT WRITING SERVICES
• MBA RESEARCH PROJECT WRITING SERVICES
• Research Project Writing Services in Lagos Nigeria (Professional Writers) -Law, MSc, MBA,PhD, Dissertations, Thesis, Assignment, Speech
• Masters Research Project Writer in Lagos Nigeria
• MBA Research Project Writer in Lagos Nigeria
• LOOKING FOR A WRITING SERVICES FOR AN URGENT ASSIGNMENTS OR PROJECT WORK
• PROFESSIONAL WRITING SERVICES IN LAGOS NIGERIA (TERM PAPER, SPEECH WRITING, ASSIGNMENT, THESES, DISSERTATIONS, RESEARCH PROPOSAL, PROJECT WRITING SERVICES etc)
• BUSINESS ADMINISTRATION RESEARCH PROJECT WRITER IN LAGOS NIGERIA
• CONSULT A RESEARCH PROJECT WRITER IN LAGOS NIGERIA (PH.D, MBA, MSC, M.ED, BSC)
• MANAGEMENT RESEARCH PROJECT WRITER IN LAGOS NIGERIA
• Education Research Project Writer in Lagos Nigeria
• Environmental Sciences Research Project Writer in Lagos Nigeria
• Guidance and Counselling Research Project Writer in Lagos Nigeria
• Human Kinetics and Health Education Project Writer in Lagos Nigeria
• Early Childhood Education Research Project Writer in Lagos Nigeria
• Christian Religious Studies(CRS) Research Project Writer in Lagos Nigeria
• Educational Administration and Planning Research Project Writer in Lagos Nigeria
• Political Science Research Project Writer in Lagos Nigeria
• Accounting Research Project Writer in Lagos Nigeria
• Economics Research Project Writer in Lagos Nigeria
• Management Research Project Writer in Lagos Nigeria
• Marketing Research Project Writer in Lagos Nigeria
• Public Administration Research Project Writer in Lagos Nigeria
• MBA Research Project Analysts
• In Need of MBA Research Project Writer in Nigeria
• MBA Dissertation Research Project Writer
• MBA Project writer
• EDUCATION DEPARTMENT PROJECT WRITING SERVICES
• BACHELOR OF SCIENCE (BSC) DEGREE PROJECT WRITING SERVICES(B.ED,B.A,B.SC)
• MASTER OF BUSINESS ADMINISTRATION (MBA) RESEARCH PROJECT WRITING SERVICES
• MASTER OF SCIENCE (MSC) RESEARCH PROJECT WRITING SERVICES
• POST GRADUATE RESEARCH PROJECT WRITER
• POST GRADUATE DIPLOMA (PGD) RESEARCH PROJECT WRITER
• MASTER RESEARCH PROJECT WRITER
• MASTER DEGREE RESEARCH PROJECT WRITING SERVICES
• POSTGRADUATE RESEARCH PROJECT WRITING SERVICES
• MASTERS RESEARCH PROJECT WRITING SERVICES
• RESEARCH PROJECT WRITER
• EXPERT IN RESEARCH PROJECT/THESIS/DISSERTATION WRITING SERVICES IN LAGOS NIGERIA
• HIRE A PROFESSIONAL BSC/HND RESEARCH PROJECT WRITER
• HIRE A PROFESSIONAL MBA/MSC RESEARCH PROJECT WRITER
• HIRE A PROFESSIONAL THESIS WRITER IN LAGOS NIGERIA
• SC/M.SC/MBA/PGD RESEARCH PROJECT WRITER IN LAGOS NIGERIA
• Master Degree Research Project Specialist/Writer in Lagos, Nigeria
• Hire A Research Project Writer in Lagos Nigeria
• Research Project Specialist in Lagos, Nigeria

• Education