The Influence Of Securitization Of Trust Beneficiary Right On The Financing Of Film And Television Enterprises

With the gradual increase of the degree of reform in China's,Chinese film and television enterprises are also faced with the shortage of funds while being more deeply integrated into the economic globalization.With the deepening of financial reforms,asset securitization continues to develop.It not only represents the company's own financing behavior,but also demonstrates the direction of innovation in financial instruments.At the same time,what influence does the asset securitization have on the financing of the film and television enterprises make financing by issuing asset securitization products?This research is beneficial effect of the right of asset securitization financing of film and television companies,the analysis for "The issue of the STELLAR International Theater the beneficial right of the trust asset-backed special plan " case.First of all,Analyze the industry characteristics of STELLAR,found that the financing dilemma of film and television companies;secondly,combined with the STELLAR financing channels,to find the asset securitization and the beneficial right of the trust as the basic assets;finally,comparing with the STELLAR asset securitization financing channel,summed up the asset securitization financing effect of STELLAR on the financing channels,financial condition,profitability and other aspects of the company's share price,and discover the possible risks.The study of this paper draws:(1)There are many problems in the financing process of film and television enterprises.Therefore,it is particularly necessary to broaden the financing channels of the film and television industry in China.(2)Asset securitization can bring a positive impact on STELLAR financing to some extent,and has positive effects on the company's share price.It also creates an advantage for STELLAR's subsequent financing.(3)The issuance of asset securitization products can expand financing channels,enhance asset liquidity,reduce financing costs and enrich investment opportunities for STELLAR,and at the same time,it is possible to drive the development of STELLAR INTERNATIONAL CINEMA.Through the case analysis of this article,it provides a reference basis for film and television companies to use asset securitization financing,expand financing channels,and ease pressure on large-scale financing requirements.