Sustainability, Free Full-Text
Por um escritor misterioso
Last updated 24 outubro 2024
In this paper we intend to check the performance of Peer-to-Peer online lending platforms in China. Different from commercial banks, Peer-to-Peer (P2P) platforms’ business process is divided into the market-expanding stage and the risk-managing stage. In the market-expanding stage, platforms are intended to help borrowers attain more money, and in the risk-managing stage, platforms try their best to ensure that the lenders’ money is repaid on time. Thus, with a sample of 66 leading big P2P platforms, and a novel two-stage slacks-based measure data envelopment analysis with non-cooperative game, the performance efficiency of each stage as well as the comprehensive efficiency are evaluated. The results show that the leading big platforms are good at managing the risk, although risk management is not the major concern of most P2P platforms in China. We also find that average performance efficiency of the platforms that are located in non-first tier cities is higher than that in first tier cities. This unexpected result indicates that development of the P2P industry may relieve the severe distortion of resource allocation and efficiency loss arising from unbalanced regional development. Then dividing the platforms into different groups according to different types of ownership, we verify that performance efficiency of the P2P platforms from the state-owned enterprise group is in a dominant position, and the robustness check indicates that the major advantage of the state-owned enterprise (SOE) group mainly lies in the risk management. We also make a further study to figure out the sources of inefficiency, finding that it mainly arises from the shortage of lenders, the lack of average borrowing balance, and the insufficient transparency of information disclosure. In the last section we conclude our research and propose some advice.
Sustainable Materials.
Sustainability, Free Full-Text
Future Trends in Sustainable Resorts: A Global Perspective, by Scott Podvin
Sustainability Word Cloud: Over 3,821 Royalty-Free Licensable Stock Vectors & Vector Art
Slm Toolkit Get File - Colaboratory
GRI - Standards
Sustainability: A Comprehensive Foundation - Open Textbook Library
Sustainability, Free Full-Text
openLCA is a free, professional Life Cycle Assessment (LCA) and footprint software with a broad range of features and many available databases, created by GreenDelta since 2006
Sustainability, Free Full-Text, Urban Housing Density and Infrastructure Costs
Citations - Environmental Sustainability: Definition, Examples & More
Recomendado para você
-
List of Game Boy Advance games - Wikipedia24 outubro 2024
-
Club Life Newsletter Winter 2022 by Member Services - Issuu24 outubro 2024
-
New Era Atlanta Braves Aux Pack Vol 2 40th Anniversary Patch24 outubro 2024
-
BATMAN AND ROBIN VOL. 4: REQUIEM FOR DAMIAN24 outubro 2024
-
GENERATION X CLASSIC VOL. 2 TPB (Trade Paperback)24 outubro 2024
-
Gentlemen of Leisure: X-amining X-Men (vol. 2) #6324 outubro 2024
-
Love is an Illusion! Vol. 1 by Fargo, Paperback24 outubro 2024
-
The Yetee24 outubro 2024
-
Lost Canvas Gaiden: fotos do volume 10 (Sísifo de Sagitário) do24 outubro 2024
-
DJ Cummerbund Lets Loose Foo Fighters-approved Freaktender24 outubro 2024
você pode gostar
-
Conjunto De Fantasia De Arlequina Suicida, Esquadrão Suicida Harley Quinn, Purim, Natal, Festa De Dia Das Bruxas, Cosplay, Harry Quinn, Roupa Tutu Para Crianças - Fantasias P/ Meninas - AliExpress24 outubro 2024
-
NEW Update Auto Farm Script In Pet Simulator X #psxscript #petsimxsccr24 outubro 2024
-
como usar rebaixados elite brasil|Pesquisa do TikTok24 outubro 2024
-
Far Cry 6: se você quer mais, aqui tem mais Far Cry24 outubro 2024
-
Driver Booster Review – Update Your Drivers24 outubro 2024
-
Palermo F.C24 outubro 2024
-
Pista de Trem Media com carrinhos24 outubro 2024
-
Salvage Cars for Sale Near Me, Totaled Cars for Sale24 outubro 2024
-
Xbox Game Pass October Lineup Adds Persona 5 Royal, A Plague Tale: Requiem, And More - GameSpot24 outubro 2024
-
Hugo Weaving Reveals the Real Reason He Didn't Return as Red Skull24 outubro 2024