摘要
通过对供应链金融资产证券化过程中分离型和集中型供应链金融资产证券化融资的梳理,分析供应链金融资产证券化的风险形成机理,识别供应链金融资产证券化的风险类型。结果发现,供应链金融资产证券化融资中,上游中小企业的产品成本、核心企业市场信用水平、融资渠道中的服务费率及收益率都会产生融资风险。据此提出利用金融科技降低核心企业的信用风险及外部性风险、资产证券化融资模式多样化、加强监管并规范使用资产池资金等防范对策,以降低供应链金融资产证券化的融资风险,提高中小企业的融资效率。
The authors analyze the risk formation mechanism of supply chain asset securitization and identify the risk types of supply chain asset securitization by combing the separate and centralized supply chain asset securitization financing in the process of supply chain asset securitization.The results show that in the financing of supply chain asset securitization,the product cost of upstream small and medium-sized enterprises,the market credit level of core enterprises,the service rate and return rate in the financing channel will have risks to financing.In order to reduce the risk of supply chain asset securitization financing and improve the financing efficiency of small and medium-sized enterprises,this paper puts forward some countermeasures such as using financial technology to reduce the credit risk and external risk of core enterprises,diversify the financing mode of asset securitization,strengthen the supervision of asset pool funds and standardize the use of assets.
作者
何珊
申晓彤
HE Shan;SHEN Xiao-tong(School of Economics,Eastern Liaoning University,Dandong 118001,China)
出处
《辽东学院学报（社会科学版）》
2022年第3期66-72,共7页
Journal of Liaodong University：Social Science Edition
基金
辽东学院青年基金项目“乡村振兴背景下丹东农村信用评价体系建设研究”(2021QN002)
辽东学院横向课题“房地产企业供应链ABS融资模式及效应研究”。
关键词
供应链金融
资产证券化
金融风险
supply chain finance
asset securitization
financial risk
