A Study Of The Satisfiability Of Peer To Peer Network Lending Based On The Financing Guarantee Mechanism

The two ends of the P2P industry includes wealth management and consumer finance,both of which are the trillion-dollar industry,and which are the pursuit of self-interest maximization under the safety guarantee,namely the wealth management to maximize capital appreciation and consumer finance to minimize the cost.Platforms to introduce guarantee mechanism is to provide security of participants in P2P network lending platform.In some extent,Sufficient and reasonable use of financing guarantee mode compensates for the loss of market,reduces the investment risk,better serves the issuers and investors.However,the introduction of guarantee mechanism in P2P network lending platform cause to the alienation and dislocation of functions,and has obvious characteristics of the shadow banking,and produces many credit risk problem.In recent years,P2P network lending industry Frequently exposures the fund security threats,and Withdrawal difficult,lost,run and so on.After P2P network lending industry in the development and prosperity of "sheep",the industry in 2016 enter the first year of the regulation and the renovation which meeted the turning point in a watershed.On August 17,2016,the second part clearly put forward intermediary status of information service in the P2P platform,strengthening the industry trend to "remove to guarantee" in "the P2P Network Lending information intermediary business management interim measures"This paper intends to adopt the related concepts and theoretical basis of P2P network lending for the research starting point of the thesis.On the basis of the research results of scholars at home and abroad for reference,this paper analyzes the realistic background and current situation of the development of P2P lending industry,and analyzes the origination,pattern introduction and the existing problems of the network financing guarantee modes,and compares with the five kinds of manner of the integration of the three kinds of guarantee mode,and adopts the binary logistic regression analysis and linear regression analysis method to make an empirical study about the Satisfiability of P2P network lending.The first part is the introduction of this paper,which is clear about the background and significance and the framework of research and the innovation and deficiency of this paper.The second part is to sort out literature achievements both at home and abroad in this paper making the detailed introduction on four aspects,including the comprehensive study of’ network lending platform model,the study of network lending financing guarantee,the study of information asymmetry in network lending platform and the behavior study of network lending participation.The third part expounds concepts and theoretical basis related to the network lending financing guarantee.The third part made an analysis about the present situation of the development of P2P lending in China,Combing the origin of financing guarantee of the P2P network lending and the introductions of network financing guarantee modes,and analyzing the existent many risks,loan problem in P2P network platform.The fourth part is to analyze the present situation of the development of P2P lending in China,and Comb the origin and the financing guarantee mode of the P2P network financing guarantee in our country,and analyze risks and loan problem of P2P network platform,and discusse the existing controversy of "remove to guarantee"in P2P network lending platform for our country.The fifth part is to make the empirical study of the Satisfiability of Peer to Peer Network Lending under The Financing Guarantee Mechanism.This paper adopt the binary logistic regression analysis and linear regression analysis method,making the empirical study to the Satisfiability of P2P Network Lending,and the main research:(1)analyzing the similarities and differences of the five guarantees mode about the Satisfiability of P2P Network Lending;(2)adding guarantee mode as independent variables to make a model analysis,and studying the impact and influence of financing guarantee mode to the Satisfiability of P2P Network Lending,and making reasonable analysis to the empirical research results.The sixth part is that,in order to better promote the transformation and upgrading of P2P network lending market in China and the healthy and stable development.Integrated based on the results of theoretical analysis and empirical research,aimed at providing the opinions and Suggestions for the reform of the transformation of platform guarantee modes in the transition period,aiming at the shortcomings of the mode of financing guarantee and risk.This paper argues that the government should build diversified network financing guarantee supervision mechanism:Perfect legal supervision system of P2P network lending guarantee mechanism,improve qualification and access of exit mechanism of network guarantee agency,perfect the social credit mechanism and information disclosure system;Introduction of Banks,insurance agencies,build a variety of P2P network credit guarantee service model;combing the rational investment philosophy,reasonable screening information,strengthen the risk prevention.