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 :
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