Study On The Risk Prevention Of China P2P Lending Platform

In recent years,with the development of P2P lending platform based transactions,greatly ease the difficulties of China's social financing transactions.It not only meets the needs of some individuals,but also solves the problem of capital projects for many enterprises,to provide a great convenience for social and economic development.However,the development of Chinese P2P lending business is not very sound,the reason is that the starting time of the development of the platform transaction is relatively short.In the context of modern social Internet financial background,many risks restrict and affect the activities and development of P2P lending business t,and lead to a series of social problems.To a certain extent,P2P lending eases the financing difficulties.But due to the lack of regulation,P2P lending platforms face with a series of risks.At present,the study of P2P internet loan risk is divided into two categories:one is the analysis of P2P net loan risk and risk rating status,to establish a set of risk rating system;Another category is the risk subdivision of the P2P internet loan,such as the credit risk,legal risk,technical risk and other aspects of the study.From the research method,the case analysis is given priority to.Select the typical platform,analyse relevant risk,and then put forward the corresponding measures of risk prevention.The deficiency of the above research is that,for the study of P2P internet loan risk,there is no quantification of various risk factors and looking for the relationship between the factors.Therefore it can not solve the problem of internet loan risk from the primary causes.Firstly,this article processes these risk factors:the lending interest rates,the credit evaluation of the borrower,information transparency,the duration of the subject,and so on;Secondly,use the logit model in Econometrics to do regression analysis;Finally,propose some policy recommendations based on the empirical analysis.Extends the deficiency of our country for the P2P lending risk analysis in theory.It has very important influence and positive effect for our country to further develop P2P lending market the relevant provisions of risk prevention,and gradually establish a perfect industry risk prevention mechanism.Based on this.This paper focuses on the risk existing in our P2P network lending platform to expand the analysis,based on constructing the risk model for empirical study,and puts forward a specific policy proposals to prevent the risks of our P2P network lending platform,aiming at promoting our P2P network lending platform to grow in a more standardized and scientific environment,and realizing the sustainable development.This paper is divided into five parts:the first part is introduction that presents selected topic background and significance of this article,related literature review,the research thought and the framework;the second part is theoretical basis in which summarises two related risks theory,including credit risk management theory,the long tail theory and asymmetric information theory;in the third one,there is an overview of current development situation of P2P lending enterprise in China,four modes of operation of P2P lending platform and two risk types including internal risk and external risk;the fourth part is the empirical analysis,choosing the case of An Xin Dai,doing regression analysis with the Logit model;the last part is the conclusion of this paper and my own constructive suggestions for the risk prevention of China P2P Lending Platform.