融资租赁论文

融资租赁论文 融资租赁论文:融资租赁 资产证券化 租赁债权 【中文摘要】为了开辟利用外资的新渠道和加强国际技术经济交流,我国于改革开放初期从发达市场经济国家引入了融资租赁业态。发展至今,融资租赁业凭借其在促进销售、改善投融资和资产管理等方面的独特功能成为了我国经济发展的一大“助推器”,但是其比较单一的融资渠道和“短期负债支持长期资产”的不对称资产负债结构遏制了它的健康发展,选择一个有效、合适、可行的新型融资手段成为了我国融资租赁行业的当务之急。一般说来,融资租赁公司的绝大部分资产都是以租赁债权(应收租金的请求权)的形式存在的,如果融资租赁公司将租赁债权这一资产进行证券化处理,发行以该资产为支撑的租赁证券,便可从广大投资者手中获得购买对价,资金问 题 快递公司问题件快递公司问题件货款处理关于圆的周长面积重点题型关于解方程组的题及答案关于南海问题 将迎刃而解。实际上,这种资产收入导向型的融资方式就是租赁资产证券化,它凭借租赁资产的未来收益能力进行融资,一方面可以提前收回长期债权,另一方面也可以提高流动资金的充足性。租赁资产证券化能恰到好处地解决融资租赁公司所面临的资金约束,是一种被实践证明有效的融资思路。笔者以租赁资产证券化为研究对象,首先阐述了租赁资产证券化的基础理论,包括资产证券化的界定及分类、租赁资产证券化的概念及交易结构等。其次,通过对租赁资产证券化在我国融资租赁业的应用分析,指出我国融资租赁业面临的资金约束,提出租赁资产证券化具备契合融资租赁业资金 要求 对教师党员的评价套管和固井爆破片与爆破装置仓库管理基本要求三甲医院都需要复审吗 的融资优势,并论证租赁资产证券化在我国实施的可行性。再次,以我国租赁资产证券化的试点项目——“远东首期计划”为案例,对该案例所体现的租赁资产 证券化模式雏形进行了分析和评价,并以该模式为蓝本对租赁资产证 券化的主要环节进行了具体设计及运行分析。最后,文章对所设计的 租赁资产证券化模式中可能遇到的风险给予了详细地分析,并在此基 础上,进一步地提出针对这些风险的防范策略。本文认为,我国融资租 赁业面临的资金约束阻碍了该行业的健康发展,而租赁资产证券化作 为一种新型融资手段,是融资租赁业走出融资困境的一条可行的新出 路。通过构建一个与我国法律 制度 关于办公室下班关闭电源制度矿山事故隐患举报和奖励制度制度下载人事管理制度doc盘点制度下载 相耦合且具备资产证券化核心要素 的标准化租赁资产证券化模式,能帮助我国融资租赁业成功借助租赁 资产证券化握手资本市场,获得长期、稳定、低成本的资金来源,以解 除资金压力。 【英文摘要】In order to open new avenues for utilizing foreign capital and to strengthen international technical and economic exchanges, China in the initial stage of reforming and opening up has introduced financing leasing formats from developed market economies. Developing to nowadays, financing leasing, with its unique features in promotion of sales, improving investment and financing and asset management, has become a great “booster”for China’s economic development. But its comparatively single financing channel and asymmetric assets/liabilities structures of “short-term liabilities supporting long-term assets” curbs its healthy development. Choosing an effective, appropriate and feasible new-type financing method has become the urgent matter of the financing leasing industry in China. Generally speaking, most assets in leasing financing company exist in the form of leasing claims (rental receivable claims). If financial leasing companies dispose leasing claims as asset securitization, with the release of the leasing securities supported by assets, they can obtain purchase consideration from the investors and solve the financial problems. Actually, such financial method of financing income as oriented mode is securitization of leasing asset. It relies on the future profitability of the leasing asset to achieving financing. On the one hand it may withdraw long-term debt in advance, and on the other hand it can also improve the adequacy of floating capital. Leasing asset securitization can solve funding constraints perfectly that leasing financing company facing, and is a kind of effective financing ideas being proved.By taking leasing asset securities as the research object, the author firstly expounds the basic theory of the leasing asset securitization, including definition and classification of asset securitization, concept of the leasing asset securitization and business transaction structure. Secondly, through the application analysis on leasing asset securitization in China’s financing industry, the author points out that China is facing capital financing constraints, and puts forward the leasing asset securitization possesses financing advantage that conforming to financing capital requirement, as well as proofs the implementation feasibility of leasing asset securitization. Thirdly, taking the pilot project of China’s leasing asset securitization –-“Far East First Project”as the example, it analyses and evaluates the prototype of leasing asset securitization presented in the case, and made detailed design and operational analysis as mainline in leasing asset securitization of using such a model as a blueprint. Finally, the author gives a detailed analysis on risks that could meet in the designed leasing asset securitization model, and on such a basis, the author also further proposes preventive strategy to these risks.The author believes that financial constraints that China’s financing industry is facing hinders its healthy development, while leasing asset securitization as a new finance means is a feasible new way leading financing industry stepping out of financing difficulties. By constructing a standard leasing asset securitization, which conforms to China’s legal system and possesses leasing asset securitization as a core element, it can help China’s financing leasing industry successfully get long-term, stable and low cost capital sources as well as remove financial pressures by capital markets. 【关键词】融资租赁 资产证券化 租赁债权 【英文关键词】Financial Leasing Asset Securitization Leasing Claims 【目录】中国租赁资产证券化融资模式研究 摘要 4-5 Abstract 5-6 第1章 引言 9-15 1.1 选题 背景及意义 9-11 1.1.1 选题背景 9-10 1.1.2 研究意 义 10-11 1.2 国内外研究文献综述 11-13 1.2.1 国外 研究文献综述 11-12 1.2.2 国内研究文献综述 12-13 1.3 研究内容及方法 13-14 1.3.1 研究内容 13 1.3.2 研究方法 13-14 1.4 本文的创新之处 14-15 第2章 租赁资产证券化的基础理论 15-21 2.1 资产证券化界定及分类 15-16 2.1.1 资产证券化的界定 15-16 2.1.2 资产证券化的分类 16 2.2 租赁资产证券 化的概念及交易结构 16-19 2.2.1 租赁资产证券化的概念 16-17 2.2.2 租赁资产证券化的基本交易结构 17-19 2.3 租赁资产证券化的运行机理 19-21 2.3.1 资产重组机理 19-20 2.3.2 风险隔离机理 20 2.3.3 信 用增级机理 20-21 第3章 租赁资产证券化在我国融资租赁业 的应用 21-28 3.1 我国融资租赁业发展现状分析 21-23 3.1.1 我国融资租赁业的发展现状 21-22 3.1.2 我国融资租赁业的资金约束分析 22-23 3.2 租赁资产证券化的融资优势分析 23-25 3.2.1 拓宽租赁公司的融资渠道 23-24 3.2.2 降低租赁公司的融资成本 24 3.2.3 提高租赁公司的资金流动性 24-25 3.3 实施租赁资产证券化的可行性分析 25-28 3.3.1 租赁资产证券化的实施条件 25 3.3.2 租赁资产证券化的可行性分析 25-28 第4章 我国租赁资产证券化模式的设计和运行 28-45 4.1 我国租赁资产证券化模式的雏形——“远东首期计划”模式 28-32 4.1.1 “远东首期计划”背景介绍 28-29 4.1.2 “远东首期计划”模式的分析和评价 29-31 4.1.3 “远东首期计划”模式的启示 31-32 4.2 我国租赁资产证券化模式的设计 32-42 4.2.1 我国租赁资产证券化模式的设计原则 32 4.2.2 我国租赁资产证券化模式的具体设计 32-42 4.3 我国租赁资产证券化模式的运行 42-45 第5章 我国租赁资产证券化的风险及防范 45-50 5.1 基础资产质量风险及防范 45-48 5.1.1 承租人提前偿付风险 45-48 5.1.2 承租人违约风险 48 5.2 交易结构风险及防范 48-50 5.2.1 欺诈风险 48-49 5.2.2 失效风险 49 5.2.3 等级下降风险 49-50 结束语 50-51 参考文献 51-53 致谢 53-54 攻读硕士学位期间发表的学术论文 54 【采买全文】 1.3.9.9.38.8.4.8 1.3.8.1.13.7.2.1 同时提供论文写作一对一辅导和论文发表服务.保过包发 【说明】本文仅为中国学术文献总库合作提供，无涉版权。作者如有异议请与总库或学校联系。