Impacts of Venture Capital on Online P2P Lending Platforms: Empirical Evidence from China

被引：3

作者：

Yang, Hufeng ^{[1
]}

Li, Han ^{[1
]}

Hu, Zhen ^{[1
]}

Chi, Guotai ^{[2
]}

机构：

[1] Northwest A&F Univ, Coll Econ & Management, Yangling, Shaanxi, Peoples R China

[2] Dalian Univ Technol, Fac Econ & Management, Dalian 116024, Peoples R China

来源：

EMERGING MARKETS FINANCE AND TRADE | 2020年 / 56卷 / 09期

基金：

中国国家自然科学基金;

关键词：

compliance with regulatory requirement; P2P lending platforms; transaction scale; venture capital; FIRMS; INFORMATION; PERFORMANCE; INVESTMENTS; CREDIT; RISK; ALLIANCE; WINNERS; EUROPE; TRUST;

D O I：

10.1080/1540496X.2019.1658074

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We examined the impacts of venture capital investment (VCI) on the performance of online Peer-to-Peer (P2P) lending platforms. The research results show that: (1) Gaining the first round of VCI can increase the transaction scale and improve the compliance with regulatory requirement of the online P2P lending platforms; and (2) the platforms acquiring more rounds of VCI have greater turnover. The above research shows that under the background of information asymmetry, the certification function and monitoring mechanism of VCs can work in online P2P lending markets.

引用

页码：2039 / 2054

页数：16

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