DocumentCode
2994515
Title
The research on cultural property right exchange guarantee business risk
Author
Li Quan ; Wang Chang-shou
Author_Institution
Sch. of Econ. & Manage., Xi´an Technol. Univ., Xi´an, China
fYear
2012
fDate
20-22 Sept. 2012
Firstpage
1459
Lastpage
1465
Abstract
This article is based on the rapid development of cultural industries and the establishment of the Cultural Assets and Equity Exchange. Cultural Assets and Equity Exchange secured transactions function as an intermediary platform, and the introduction of VAR model exploratory analysis of the pricing issues of cultural property transactions secured transactions, so as to make quantification of the exchange-traded risk of cultural property as a security platform. The purpose of implements the cultural industry risk management is to prevent loss occurs before accident, mitigate the loss in accident, and compensate the loss after accident. The establishment of an effective risk control mechanism is extremely important to the rise of cultural industries. Sound risk control mechanism for the cultural industry should include the prevention and control strategies, subjects, and means.
Keywords
pricing; risk management; social sciences; statistical analysis; VAR model exploratory analysis; business risk; cultural assets; cultural industries; cultural industry risk management; cultural property right exchange; equity exchange; exchange-traded risk quantification; intermediary platform; loss compensation; loss mitigation; loss prevention; pricing issues; risk control mechanism; secured transactions function; security platform; Cultural differences; Industries; Investments; Pricing; Reactive power; Security; culture industry; guarantee; property transactions; risk management;
fLanguage
English
Publisher
ieee
Conference_Titel
Management Science and Engineering (ICMSE), 2012 International Conference on
Conference_Location
Dallas, TX
ISSN
2155-1847
Print_ISBN
978-1-4673-3015-2
Type
conf
DOI
10.1109/ICMSE.2012.6414365
Filename
6414365
Link To Document