企业资产证券化的成本收益分析

Study on cost-benefit analysis of asset securitization of company

资产证券化是指将企业不流通的存量资产或可预见的未来收入构造和转变为资本市场可销售和流通的金融产品的过程．资本证券化有力地沟通了货币市场和资本市场,改善了企业资产质量,扩大了企业费金来源．通过对资产证券化的融资成本、融资收益的分析,分散了信用风险,并且提高了金融系统的安全性．

Asset securitization is defined as a process that company＇ s stock assets which are not cirulating our unforeseeable future incomes are formed and changed to vendible and circulating finacial products in capital market. Asset secufitization effectively communicates monetary market and capital market,improves company＇s asset quality and widens company＇s capital sources. By analyzing financing cost and financing income of asset securitization, credit risk is dispersed and security of financial system is advanced.