安全设计：综述

IF 3.1 1区经济学 Q2 BUSINESS, FINANCE

Journal of Financial Intermediation Pub Date : 2024-09-03 DOI:10.1016/j.jfi.2024.101113

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引用次数: 0

摘要

广义上讲，证券设计涉及的问题是为克服代理人之间的各种摩擦而设计最优契约机制。本文回顾了近期有关安全设计的研究，并围绕安全设计在金融各领域的应用展开，包括资本结构和公司治理等经典公司金融应用、证券化和应急资本等金融中介应用、市场与安全设计的互动，以及金融科技、可持续金融和医疗金融等新兴应用。此外，还讨论了未来的研究。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Security design: A review

Security design, which broadly speaking deals with the issue of designing optimal contractual mechanisms for overcoming various frictions between agents, is the subject of an extensive literature. This paper presents a review of recent work on security design and is organized around the applications of security design in various fields of finance starting with classic corporate finance applications such as capital structure and corporate governance, financial intermediation applications such as securitization and contingent capital, the interaction of market and security design, as well as emerging applications such as fintech, sustainable finance and healthcare finance. Future research is also discussed.

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来源期刊

Journal of Financial Intermediation BUSINESS, FINANCE-

CiteScore

8.60

自引率

7.70%

发文量

期刊介绍： The Journal of Financial Intermediation seeks to publish research in the broad areas of financial intermediation, financial market structure, corporate finance, risk management, and valuation.