Dissertation > Excellent graduate degree dissertation topics show

The reserves of mineral resources assets securitization - a case study of Guizhou Province

Author: RuanRenHui
Tutor: LuoTianYong
Course: Finance
Keywords: mineral reserves asset securitization special purpose vehicle (SPV) Guizhou province
CLC: F426
Type: Master's thesis
Year: 2012
Downloads: 244
Quote: 0
Read: Download Dissertation


Guizhou province is rich with mineral resources, and has a significant advantagein mineral resources field. Meanwhile, there are a difficult issue in the resourceadvantages turn to the capital advantage and economic advantages aspect. Therefore,in order to effectively resolve this issue, this paper proceeded from the properties ofmineral reserves assets, uses the principle of asset securitization to implement thesecuritization of mineral reserves assets, and broaden the effective financing channelsfor enterprises of mining production, and promote the orderly development of themining economy, which will help the construction of Central Guizhou EconomicZone and "the Big Industrial Province" strategy.In this paper, the main structure is as follows: first, we study the properties ofmineral reserves assets in detail, and analysis the power of implementing thesecuritization of mineral reserves assets from the perspective of the financiers,investors and information asymmetry; second, based on the principle of assetsecuritization , we demonstrate that mineral reserves assets suit for securitization fromthe perspective of cash flow, asset homogeneity and asset collateral realization; third,we design the innovative SPV modes for the securitization of mineral reserves assets,and put forward four kinds alternative of SPV modes for the securitization of mineralreserves assets, which domestic SPT mode should be the best choice at this stage;finally, according to degree of exploration of mineral reserves, we divide all reservestypes into four kinds. Through analyzed the risk isolation mechanism and creditenhancement mechanism of asset-backed securitization of mineral reserves, we selectthe trust pattern of sub-partition to realize the risk isolation. Issuing the optimal,superior and junk bonds depend on different credibility of mineral reserves. Through aspecial purpose vehicle, those bonds which are high credibility issue to investorscompletely, and those bonds which are low credibility issue to investors by standbycommitment. Subsequently, through the analysis of the important factors involved inthe securitization process of mineral reserves assets, we put forward the economicevaluation model of mine exploitation and asset-backed bonds pricing model forevaluating the securitization financing efficiency.Implementing the securitization of mineral reserves assets can find an effectiveway to solve the bottleneck problem of capital for which like Guizhou province, bothbeing rich with mineral resources and existing the bottleneck problem of capital, andcan set an example for the future research of other resource assets securitization.

Related Dissertations

  1. The Spectrum of HPV Infection in Guizhou Parts of Minority Ethnic Women with Cervical Cancer,R737.33
  2. Legal Research about Asset Securitization of China,F832.51
  3. Research on Non-performing Assets Securitization of Our State-owned Commercial Banks,F832.5
  4. China Art Investment Security Mode Research,J124
  5. Rural Public Health Teams Building in Guizhou Province,R197.1
  6. Legal Research on Securitization of Catastrophe Insurance Risk,F842.6
  7. Higher Education Development in Guizhou Province, the relationship between economic growth and quantitative research,G527;F127
  8. Subprime loan securitization risk transfer mechanisms,F224
  9. Guizhou Province Ecological Agriculture Industrialization Development,F327
  10. Post-crisis Regulatory Initiatives Relating to Asset Securitisation and the Enlightenment to Our Country,F832.51
  11. Research on Ethnic Financing Mode of Private Enterprise,F276.5
  12. The process of asset securitization of credit rating agencies related to the improvement of legal norms,D922.287
  13. On Special Purpose Trust,D922.282
  14. Research on the Disaster Public Crisis Management,D630
  15. Cultural heritage of Guizhou Bimo Research,C955
  16. Asset Securitization in China’s Real Estate Financing Businesses in the Research and Application,F293.3
  17. A Study on the Rural Residents’ Minimum Living Security System of Guizhou Province,F323.89
  18. Studies on the Protective Development of Folk Culture Eco-tourism Resources in Guizhou Province,F592.7
  19. Guizhou Province in southern stream sediment geochemistry and prospecting prediction,P596
  20. A Study on the Costume of Dong Tribe in Liping,TS941.1
  21. Financing model of cultural and creative industries in Beijing,G124

CLC: > Economic > Industrial economy > China Industrial Economy > Industrial sector economy
© 2012 www.DissertationTopic.Net  Mobile