International Journal of Social Science & Economic Research
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Title:
RESEARCH ON P2P PLATFORMS RISK ASSESSMENT OF PRIVATE SECTOR IN CHINA BASED ON GREY RELATIONAL METHOD

Authors:
Yuhui Cai, Lingjuan Xu

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Yuhui Cai, Lingjuan Xu
College of Economics and Management of NUAA, Nanjing, Jiangsu 211106, China

MLA 8
Cai, Yuhui, and Lingjuan Xu. "RESEARCH ON P2P PLATFORMS RISK ASSESSMENT OF PRIVATE SECTOR IN CHINA BASED ON GREY RELATIONAL METHOD." Int. j. of Social Science and Economic Research, vol. 5, no. 1, Jan. 2020, pp. 48-73, ijsser.org/more2020.php?id=4. Accessed Jan. 2020.
APA(6)
Cai, Y., & Xu, L. (2020, January). RESEARCH ON P2P PLATFORMS RISK ASSESSMENT OF PRIVATE SECTOR IN CHINA BASED ON GREY RELATIONAL METHOD. Int. j. of Social Science and Economic Research, 5(1), 48-73. Retrieved from ijsser.org/more2020.php?id=4
Chicago
Cai, Yuhui, and Lingjuan Xu. "RESEARCH ON P2P PLATFORMS RISK ASSESSMENT OF PRIVATE SECTOR IN CHINA BASED ON GREY RELATIONAL METHOD." Int. j. of Social Science and Economic Research 5, no. 1 (January 2020), 48-73. Accessed January, 2020. ijsser.org/more2020.php?id=4.

References
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Abstract:
In recent years, there have been frequent failures and bankruptcies of P2P platforms in China, among which private platforms have become a high-explosive area, and a large number of investors suffer from high risks and high losses due to their choice of private P2P investment with high returns. Since 2019, supervision has been increased, classified disposal and benign withdrawal will become the future development trend. Therefore, how to carry out risk assessment and conduct classified and targeted disposal by regulators has become an urgent problem. In view of this, this paper takes 123 private platform as research object. After constructing the risk assessment indicator system, the AHP-entropy weight and grey relational method are applied and found that the platforms with low registered capital, high concentration of borrowing and fund outflows for a long time have a higher risk. Therefore, when conducting risk assessment and disposal of the platform, the regulator should properly remove such platforms, so as to provide decision reference for the regulator's platform disposal.