Asset securitisation as a risk management and funding tool : what does it hold in store for SMES?

  • 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

Download full text files

Export metadata

Additional Services

Share in Twitter Search Google Scholar
Metadaten
Author:Andreas A. Jobst
URN:urn:nbn:de:hebis:30-16341
URL:http://papers.ssrn.com/sol3/papers.cfm?abstract_id=700262
Document Type:Report
Language:English
Date of Publication (online):2005/09/26
Year of first Publication:2005
Publishing Institution:Universit├Ątsbibliothek Johann Christian Senckenberg
Release Date:2005/09/26
Tag:ABS; SME; securitisation; structured finance
HeBIS-PPN:195627172
Institutes:Wirtschaftswissenschaften / Wirtschaftswissenschaften
Dewey Decimal Classification:3 Sozialwissenschaften / 33 Wirtschaft / 330 Wirtschaft
Licence (German):License LogoDeutsches Urheberrecht