广州大学学报：社会科学版
廣州大學學報：社會科學版
엄주대학학보：사회과학판
Journal of Guangzhou University(Social Science Edition)
2014年
3期
32~38
,共null页
中小企业融资 供应链 资产证券化 信用风险
中小企業融資 供應鏈 資產證券化 信用風險
중소기업융자 공응련 자산증권화 신용풍험
small and medium enterprises financing; supply chain finance; asset- backed securitization;credit risk
资产证券化具有巧妙的风险管理机制和降低融资成本的金融功能,供应链金融具有独特的资产风险控制机制.针对我国中小企业基础资产普遍低于可证券化标准的现状,提出在供应链环境下,借鉴供应链金融的风险控制原理,对基础资产实施强监管模式来建立资产池,尝试实现一种中小企业资产证券化的创新模式.
資產證券化具有巧妙的風險管理機製和降低融資成本的金融功能,供應鏈金融具有獨特的資產風險控製機製.針對我國中小企業基礎資產普遍低于可證券化標準的現狀,提齣在供應鏈環境下,藉鑒供應鏈金融的風險控製原理,對基礎資產實施彊鑑管模式來建立資產池,嘗試實現一種中小企業資產證券化的創新模式.
자산증권화구유교묘적풍험관리궤제화강저융자성본적금융공능,공응련금융구유독특적자산풍험공제궤제.침대아국중소기업기출자산보편저우가증권화표준적현상,제출재공응련배경하,차감공응련금융적풍험공제원리,대기출자산실시강감관모식래건립자산지,상시실현일충중소기업자산증권화적창신모식.
Asset - backed security has flexible risk management mechanism and lower financing cost, but sup- ply chain finance has a unique asset risk control mechanism. Considering that the underlying assets of SMEs can scarcely reach the standard of securitization, this study proposes an innovative model for SMEs＇ asset - backed seeu- ritization where the asset pool can be built with underlying assets under effective supervision, inspired by the risk control principles of supply chain finance under the supply chain circumstance.
