of creative financing options
Over the near-term, companies that do not offer an array of creative financing options may not lose their positional standing in the market share hierarchy
Over the longer-term, companies that do not offer an array of creative financing options will experience a deterioration in their positional standing in the market share hierarchy
1. INTRODUCTION ............................... 1
Statement of the Problem ................. 2
Purpose of the Study ..................... 3
Definitions of Terms ..................... 4
Overview of the of the Study ............. 7
2. REVIEW OF RELATED LITERATURE ............... 8
Capital Management & Capital Generation .. 9
Using Financial Leverage ................. 12
Short-Term & Long-Term Credit ............ 17
Truck Industry ..... 23
Summary .................................. 40
3. METHODOLOGY ................................ 41
Approach ................................. 42
Research Hypotheses ...................... 45
Population and Sample .................... 45
Data Analysis ............................ 46
4. RESULTS .................................... 47
Identification of the Research Sample .... 47
Research Hypotheses ...................... 48
Operational Definitions .................. 49
Presentation of the Research Results ..... 51
Results of Testing Hypothesis One ..... 52
Results of Testing Hypothesis Two ..... 56
Chapter Summary .......................... 62
5. SUMMARY, DISCUSSION, AND CONCLUSIONS ....... 64
Summary of the Study ..................... 64
Discussion of the Findings ............... 68
Conclusions .............................. 75
References ......................................... 76
The market for medium-duty and heavy-duty trucks, co...