Capital Adequacy, Business Background and Platform Collapse ——Evidences from 231 Online P2P Lending Platforms in China
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Capital Adequacy, Business Background and Platform Collapse ——Evidences from 231 Online P2P Lending Platforms in China
LI Xian-ling1,2
1. School of Economics and Management, Wuhan University, Wuhan 430072, China; 2. Business School, South-Central University for Nationalities, Wuhan 430074, China
Abstract The paper uses the Logistic model to analyze the self-regulation of network lending platform and the level of risk control. Based on the micro data of 107 closed platforms and 124 normal ones in China, the study reveals that the financial background, registered capital and self-supervision of platforms could significantly reduce the probability of platform problems, while the excessive competition of industry could increase this possibility. It is essential for the government to issue policies to guide and promote P2P integration, and thus increase the scale management level of the platforms.
LI Xian-Ling. Capital Adequacy, Business Background and Platform Collapse ——Evidences from 231 Online P2P Lending Platforms in China. Economic Survey, 2016, 33(6): 0137.
2016, Vol. 33 
