東華大學圖書館 |

語系: 繁體中文

說明(常見問題)

回圖書館首頁

手機版館藏查詢

登入

回首頁

切換: 標籤 | MARC模式 | ISBD

FindBook

Google Book

Amazon

博客來

Peer-To-Peer Lending Market and Shadow Banking in China.

紀錄類型:	書目-電子資源 : Monograph/item
正題名/作者:	Peer-To-Peer Lending Market and Shadow Banking in China./
作者:	Kuang, Jiaqi.
面頁冊數:	1 online resource (252 pages)
附註:	Source: Dissertations Abstracts International, Volume: 84-05, Section: A.
Contained By:	Dissertations Abstracts International84-05A.
標題:	Investments. -
電子資源:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=29796715click for full text (PQDT)
ISBN:	9798352977453

Peer-To-Peer Lending Market and Shadow Banking in China.
Kuang, Jiaqi.

Peer-To-Peer Lending Market and Shadow Banking in China. - 1 online resource (252 pages)

Source: Dissertations Abstracts International, Volume: 84-05, Section: A.

Thesis (Ph.D.)--The University of Liverpool (United Kingdom), 2022.

Includes bibliographical references

The fast development and high risk of Chinese peer-to-peer lending market has attracted more scholars' the attention. This thesis studiesthe Chinese peer-to-peer lending market from the platform level (see chapter 2 and 3) and market level (see chapter 4).Firstly, this thesis examines the various information (third-party provided information and voluntary information disclosure) and government regulation effect on the default probability and cost of capital of platforms by the specific dataset which combines the data collected from CSMAR (control variables), WDZJ (third-party provided index), and platforms' website (voluntary information disclosure). This study finds that both third-party provided information and voluntary financial information disclosure help on reducing the default probability and cost of capital of platforms, meanwhile, the government regulatory intervention could decrease the cost of capital (Chapter 2). sentiment impact of different types of public information (media news and social media posts) on the performance of peer-to-peer lending platforms. Based on the unique news dataset that collected and analyzed by Python and Snownlp (which used to run the sentiment analysis), this study reveals that the higher levels of media sentiment and social media sentiment dampen the default probability, and the asymmetry effect exists in the peer-to-peer lending market which display that only positive change on sentiment of news has a significant impact on reducing default probability and cost of capital of platforms, while negative change on sentiment does not. Furthermore, this study tries to explain the results by examining the sentiment effect on investors' participation, which does help to explain the role of news sentiment. (Chapter 3).Finally, this thesis examines the effect of central government monetary policy and the local government financial demand on the scale of peer-to-peer lending market, which is a new type of shadow banking market in China. The results show that the central government monetary policy has significant effect on the future rising of the scale of the peer-to-peer lending market; meanwhile, the local financing demand has the significant positive effect on the scale of the peer-to-peer lending market. This study also suggests that the size of existing shadow banking facilitates the future expanding of the peer-to-peer lending market (Chapter 4).

Electronic reproduction.
Ann Arbor, Mich. :
ProQuest,
2023

Mode of access: World Wide Web

ISBN: 9798352977453Subjects--Topical Terms:

566987
Investments.
Index Terms--Genre/Form:

542853
Electronic books.

Peer-To-Peer Lending Market and Shadow Banking in China.
LDR:03881nmm a2200445K 4500 001 2354808
005 20230501063926.5
006 m o d
007 cr mn ---uuuuu
008 241011s2022 xx obm 000 0 eng d
020 $a 9798352977453
035 $a (MiAaPQ)AAI29796715
035 $a (MiAaPQ)Liverpool_3157371
035 $a AAI29796715
040 $a MiAaPQ $b eng $c MiAaPQ $d NTU
100 1 $a Kuang, Jiaqi. $3 3695181
245 1 0 $a Peer-To-Peer Lending Market and Shadow Banking in China.
264 0 $c 2022
300 $a 1 online resource (252 pages)
336 $a text $b txt $2 rdacontent
337 $a computer $b c $2 rdamedia
338 $a online resource $b cr $2 rdacarrier
500 $a Source: Dissertations Abstracts International, Volume: 84-05, Section: A.
500 $a Advisor: Ji, Xudong; Cheng, Peng; Kallinterakis, Vasileios.
502 $a Thesis (Ph.D.)--The University of Liverpool (United Kingdom), 2022.
504 $a Includes bibliographical references
520 $a The fast development and high risk of Chinese peer-to-peer lending market has attracted more scholars' the attention. This thesis studiesthe Chinese peer-to-peer lending market from the platform level (see chapter 2 and 3) and market level (see chapter 4).Firstly, this thesis examines the various information (third-party provided information and voluntary information disclosure) and government regulation effect on the default probability and cost of capital of platforms by the specific dataset which combines the data collected from CSMAR (control variables), WDZJ (third-party provided index), and platforms' website (voluntary information disclosure). This study finds that both third-party provided information and voluntary financial information disclosure help on reducing the default probability and cost of capital of platforms, meanwhile, the government regulatory intervention could decrease the cost of capital (Chapter 2). sentiment impact of different types of public information (media news and social media posts) on the performance of peer-to-peer lending platforms. Based on the unique news dataset that collected and analyzed by Python and Snownlp (which used to run the sentiment analysis), this study reveals that the higher levels of media sentiment and social media sentiment dampen the default probability, and the asymmetry effect exists in the peer-to-peer lending market which display that only positive change on sentiment of news has a significant impact on reducing default probability and cost of capital of platforms, while negative change on sentiment does not. Furthermore, this study tries to explain the results by examining the sentiment effect on investors' participation, which does help to explain the role of news sentiment. (Chapter 3).Finally, this thesis examines the effect of central government monetary policy and the local government financial demand on the scale of peer-to-peer lending market, which is a new type of shadow banking market in China. The results show that the central government monetary policy has significant effect on the future rising of the scale of the peer-to-peer lending market; meanwhile, the local financing demand has the significant positive effect on the scale of the peer-to-peer lending market. This study also suggests that the size of existing shadow banking facilitates the future expanding of the peer-to-peer lending market (Chapter 4).
533 $a Electronic reproduction. $b Ann Arbor, Mich. : $c ProQuest, $d 2023
538 $a Mode of access: World Wide Web
650 4 $a Investments. $3 566987
650 4 $a Writing. $3 551664
650 4 $a Federal government. $3 580710
650 4 $a Local government. $3 562372
650 4 $a Asymmetry. $3 3562922
650 4 $a Innovations. $3 754112
650 4 $a Sentiment analysis. $2 lcstt $3 3266790
650 4 $a Information dissemination. $3 3561048
650 4 $a Authorship. $3 529425
650 4 $a Third party. $3 3564370
650 4 $a Correlation analysis. $3 3684579
650 4 $a Asian studies. $3 1571829
650 4 $a Computer science. $3 523869
650 4 $a Finance. $3 542899
650 4 $a Information technology. $3 532993
650 4 $a Political science. $3 528916
650 4 $a Web studies. $3 2122754
655 7 $a Electronic books. $2 lcsh $3 542853
690 $a 0800
690 $a 0342
690 $a 0770
690 $a 0310
690 $a 0984
690 $a 0429
690 $a 0508
690 $a 0489
690 $a 0454
690 $a 0615
690 $a 0646
710 2 $a ProQuest Information and Learning Co. $3 783688
710 2 $a The University of Liverpool (United Kingdom). $3 1684840
773 0 $t Dissertations Abstracts International $g 84-05A.
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=29796715 $z click for full text (PQDT)