Determinants of defaults on P2P lending platforms in China

• Published in: International review of economics & finance Vol. 72; pp. 334 - 348
• Main Authors: Gao, M., Yen, J., Liu, M.
• Format: Journal Article
• Language: English
• Published: Elsevier Inc 01.03.2021
• Subjects: Decomposition methods; Default; Determinants; Failure prediction; Liquidity; Online P2P Lending platforms; Peer-to-peer lending; Online P2P Lending platforms; Decomposition methods; Peer-to-peer lending; Liquidity; Determinants; Failure prediction; Default

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...