Determinants of defaults on P2P lending platforms in China
Chinese P2P lending platforms have an astonishing default rate of 87.2% based on data available in 2019, which indicates the seriousness of the problem this industry faces. Insufficient regulation has resulted in generation of risky services, such as margin finance in 2015 for stock markets and zero...
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Published in | International review of economics & finance Vol. 72; pp. 334 - 348 |
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Main Authors | , , |
Format | Journal Article |
Language | English |
Published |
Elsevier Inc
01.03.2021
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Subjects | |
Online Access | Get full text |
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