Asset Securitisation as a Risk Management and Funding Tool: What Does it Hold in Store for Smes?
Asset Securitisation as a Risk Management and Funding Tool: What Does it Hold in Store for Smes?
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资产证券化作为风险管理和融资工具:它对中小企业有何影响?
DOI:
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发表时间:
2005
期刊:
影响因子:
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通讯作者:
Andreas (Andy) Jobst
中科院分区:
文献类型:
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作者:
Andreas (Andy) Jobst
The following chapter critically surveys the attendant benefits and drawbacks of asset securitisation on both financial institutions and firms. It also elicits salient lessons to be learned about the securitisation of SME-related obligations from a cursory review of SME securitisation in Germany as a foray of asset securitisation in a bank-centred financial system paired with a strong presence of SMEs in industrial production.