Asset Securitisation as a Risk Management and Funding Tool: What Does it Hold in Store for SMES?
Managerial Finance, Vol. 32, No. 9, pp. 731-60
Posted: 21 Jun 2007
There are 2 versions of this paper
Asset Securitisation as a Risk Management and Funding Tool: What Does it Hold in Store for Smes?
Number of pages: 32
Posted: 11 Apr 2005
Downloads
2,726
Abstract
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.
Keywords: securitisation, ABS, structured finance, SME
JEL Classification: D81, G15, M20
Suggested Citation: Suggested Citation
Jobst, Andreas A., Asset Securitisation as a Risk Management and Funding Tool: What Does it Hold in Store for SMES?. Managerial Finance, Vol. 32, No. 9, pp. 731-60, Available at SSRN: https://ssrn.com/abstract=995743
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.