Determination of Benefits and Riska of Peer-to-Peer (P2P) Lending: A Social Network Theory Approach

• Autorzy: Nadia Nahar Purkayastha , Şule Erdem Tuzlukaya
• Języki publikacji: EN

Abstrakty

EN

Peer-to-Peer lending which is also known as P2P is an online financial investment platform where individual investors finance projects by lending money to individual borrowers through social networks. P2P models usually contributing to less privileged people especially entrepreneurs and frontier groups who do not have access to formal financial services. However, due to the economic conditions and lack of government support, P2P lending platforms in developing countries often fail to reveal the 'credit history' and 'indebtedness' of individual borrowers which have an expressive impact on loan performance. The objective of this study is to demonstrate theoretically the factors those influence the lenders to participate in the P2P lending platform in developing countries and the associated risks. For this purpose, two propositions are developed to examine the factors to demonstrate the role of the social network is also combined to further explain the P2P lending. (original abstract)

Słowa kluczowe

EN

Social networking; Social lending; Financial investment; Investment risk; Trust; Security; Developing countries

PL

Serwisy społecznościowe; Pożyczki społecznościowe; Inwestycje finansowe; Ryzyko inwestycyjne; Zaufanie; Bezpieczeństwo; Kraje rozwijające się

• Czasopismo: Copernican Journal of Finance & Accounting
• Rocznik: 2020
• Tom: 9
• Numer: nr 3
• Strony: 131--143

Twórcy

autor

Nadia Nahar Purkayastha

• Atılım University, Turkey

autor

Şule Erdem Tuzlukaya

• Atılım University, Turkey

Bibliografia

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Identyfikatory

DOI

10.12775/CJFA.2020.016