| Popis: |
A company needs assets to be able to achieve competitiveness and growth. These can be financed either by leasing or acquisitions. Depending on a company’s strategic direction, the financing methods can be variously beneficial. A company can be divided into three different levels based on what time perspective that is in focus regarding decision-making. The purpose of this study is to explain why a company chooses a financing method that is not in line with the strategic direction. The study is a qualitative research where a company from the construction industry was examined. Data was gathered through interviews and the respondents were selected to represent three different levels within the selected company. The results imply that all levels of the company are characterized by an administrative perspective. Overall, the responses indicate a low strategic awareness and that the administrative level have a high authority. The company waives from the strategic direction because of different limitations. These restrictions can either be administrative-, cost-, supply-, or time based. The main advantage with operating lease was considered to be the risk factor. The main advantage with acquisitions was the cost factor. To sum up, the administrative level is most restricted in their work, which reflects on the choice of financing method. Validerat; 20150605 (global_studentproject_submitter) |
