TY - RPRT A1 - Jobst, Andreas A. T1 - Asset securitisation as a risk management and funding tool : what does it hold in store for SMES? N2 - 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. JEL Classification: D81, G15, M20 KW - securitisation KW - ABS KW - structured finance KW - SME Y1 - 2005 UR - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/3854 UR - https://nbn-resolving.org/urn:nbn:de:hebis:30-16341 UR - http://papers.ssrn.com/sol3/papers.cfm?abstract_id=700262 ER -