Proceedings of the 2024 9th International Conference on Social Sciences and Economic Development (ICSSED 2024)

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The Functional Research on the Legal Framework of Copyright Securitization SPV

Authors
Qiong Wei1, *, Jiajia Pu1
1School of Public Administration, Southwest Jiaotong University, shanghai, China
*Corresponding author. Email: 1906078671@qq.com
Corresponding Author
Qiong Wei
Available Online 23 July 2024.
DOI
10.2991/978-94-6463-459-4_67How to use a DOI?
Keywords
Copyright securitization; Legal framework; Risk prevention and control
Abstract

In order to promote copyright securitization as an important way of financing for the science and technology innovation industry, the legal framework of its SPV should not only have the general functions of asset securitization SPV legal framework, but also have special functions to prevent the unique risks of copyright securitization. The legal framework of copyright securitization SPV in developed countries is mainly based on SPT and SPC, with both similarities and differences in their functional content. The legal framework of China's copyright securitization SPV is mainly based on the “asset support special plan” and traditional corporate structure. The “asset support special plan” does not have the function of isolating the bankruptcy risk of the administrator. The traditional corporate structure has defects such as not being able to isolate its own bankruptcy risk, limited issuance of securities, and high tax burden. To this end, it is advisable to improve China's corresponding institutional arrangements by formulating the Asset Securitization Law and amending relevant old laws, and construct a legal framework for copyright securitization SPV with necessary functions to adapt to the rapid development of copyright securitization practice.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2024 9th International Conference on Social Sciences and Economic Development (ICSSED 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
23 July 2024
ISBN
10.2991/978-94-6463-459-4_67
ISSN
2352-5428
DOI
10.2991/978-94-6463-459-4_67How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Qiong Wei
AU  - Jiajia Pu
PY  - 2024
DA  - 2024/07/23
TI  - The Functional Research on the Legal Framework of Copyright Securitization SPV
BT  - Proceedings of the 2024 9th International Conference on Social Sciences and Economic Development (ICSSED 2024)
PB  - Atlantis Press
SP  - 588
EP  - 604
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-459-4_67
DO  - 10.2991/978-94-6463-459-4_67
ID  - Wei2024
ER  -