Study On The Operating Mechanism Of Credit Asset Securitization And Risk Control In China

Based on enterprise investment, the fusion of capital, product, market is the sustainable development of the enterprise. From the perspective of the fund, Revitalization of capital, decentralization of risk and improvement of the turnover rate of capital are the strong favorable ways of the enterprise to obtain a greater profit. The purpose of enterprise behavior is to make profit, and then to prepare for getting profit. Enterprises use innovative tools to achieve capital turnover, expand the scale, disperse the risk, also value discovery to obtain the goal of greater profits, which will make enterprises to respond to market risk and find an effective way to enhance the competitiveness.As the most important financial innovation technology and financial instrument, asset securitization has provided the feasible tool for the enterprise to realize the above target. Asset securitization is a process in which the enterprises realize asset-backed bonds in financial markets by reorganizing the assets which is lack of liquidity, but has stable foreseeable cash flow at the end of the return of assets, and then making a bankruptcy isolation of assets risk and profit, which means that enterprise will transfer the future earnings of product or service to the investors.Asset securitization,as a main future complicancing way of "non standardized debt" transferring to "standardized debt", can not only help the bank improve the structure of assets liability and reducing the capital pressure, but also will be a main social development direction of widening financing channels for the real economy and reducing the cost of financing. Since 2014, the issue size of asset securitization has exceeded 300,000,000,000, over the total of the issuance of the calendar year since 2005. However, this is just a start. The thesis begins with the study of operation mechanism of bank credit asset securitization, which belongs to the category of asset securitization by the researching methods of theoretical practice and inductive deduction, also from the perspective of operation of internal and external mechanism, macro policy and adjoint risk in micro level to study further on the importance of risk prevention and control in the process of improvement of operating mechanism.