Results 161 to 170 of about 365 (199)
Some of the next articles are maybe not open access.
Asset Securitization and Asymmetric Information
The Journal of Legal Studies, 2005Abstract We analyze the incentives for asset securitization that flow from informational asymmetries within a corporation. Within the framework of “hidden‐action” asymmetries, securitization of those cash flows that are relatively insensitive to managerial effort leaves critical incentive devices more high powered and more focused on cash flows that ...
Edward M. Iacobucci, Ralph A. Winter
openaire +1 more source
The economics of asset securitization [PDF]
, 2005 Ronel Elul explains why asset-backed securities exist and discusses some reasons for their common structure. Elul notes that despite well-developed theories on the what and why of securitization, more research is needed. In particular, additional research could uncover the effect that government regulation and bankruptcy law have on securitization.
openaire
Wealth effects of asset securitization
Journal of Banking & Finance, 1996Abstract This paper examines changes in wealth for firms that securitize assets. Findings are industry specific with wealth increase for finance companies, with no wealth change for industrial companies and automobile companies, and with wealth loss for banks.
Larry J. Lockwood +2 more
openaire +1 more source
Specialist Financings: Asset Securitization
2004Many treasurers find that at some time in their careers they are required to put some form of specialist financing in place. This financing may be a securitization of some of the company’s assets, a sale and leaseback of properties, or the stand-alone financing of a project.
openaire +1 more source
Securitization of Real Estate Assets
2012One of the most significant financial innovations of the twentieth century was the introduction of securitization. Securitization involves pooling individual, usually illiquid, assets and using the pool as collateral for the issuance of an entirely new set of financial securities.
G. Jason Goddard, Bill Marcum
openaire +1 more source
Asset price, asset securitization and financial stability [PDF]
, 2011 Prior to the Global Financial Crisis in 2008, securitization has been widely perceived as a way to disperse credit risks, and to enhance financial system’s capacity in dealing with defaults. This paper develops a model of securitization and financial stability in the form of amplification effects. This model has illustrated three different scenarios: A
openaire
The Securitization of Assets in Mexico (1999)
2010Issue seven focused on current issues in U.S.-Mexican business law.
openaire +1 more source
Basel III and asset securitization
2020PhD (Economics), North-West University, Mafikeng Campus ...
openaire +1 more source
Fragility of Resale Markets for Securitized Assets and Policy of Asset Purchases
2016Les marchés des actifs titrisés ont été marqués par un degré élevé de liquidité avant la récente crise financière et par un assèchement soudain de la liquidité au déclenchement de la crise. Un modèle d’équilibre général intégrant des possibilités d’investissement hétérogènes et une diffusion imparfaite de l’information prévoit un degré d’antisélection ...
openaire +2 more sources