On IT FINANCING: Paula L. Summa, Vice President, Finance, IBM Global Financing

Heffes, Ellen M.
December 2001
Financial Executive;Dec2001, Vol. 17 Issue 9, p32
Academic Journal
The article presents an interview with Paula L. Summa, vice president of finance for IBM Global Financing. She notes that leasing has become a popular way for firms to acquire information technology. IBM does no financing in Hungary and Russia, among other countries, because it deems the risk to be too large. She relates that leasing requires managing credit risk, interest rate risk, and technology risk. INSET: IBM Global Financing division..


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