BEGIN:VCALENDAR
VERSION:2.0
BEGIN:VEVENT
DESCRIPTION;ENCODING=QUOTED-PRINTABLE:Xiaoyang Li (Chinese University of Hong Kong) - The Failures of Peer-to-Peer Lending Platform: Finance and Politics =0D=0A Co-author: Qing He (Renmin University of China)  =0D=0A Abstract =0D=0A We investigate the influence of financial and political factors on Peer-to-Peer (P2P) platform failures in the online lending market in China. Using a competing risk model for platform survival, we show that large, listed platforms and platforms with better information disclosure are less likely to go bankrupt or run off with investors’ money. More importantly, falling platforms are much less likely to go bankrupt or run off in advance of important political events, but more likely to go bankrupt after these events. These effects are more pronounced, among platforms that are more politically connected, and platforms operating in provinces where local officials have a close central-local political ties, and when there is a better local financial condition. Our study highlights the role of political incentives on government regulatory intervention of platform failures.  =0D=0A Online BOFIT seminars are open to all researchers interested in the subjects covered. Those wishing to attend a seminar are kindly asked to register in advance, by filling in the  online registration form =0D=0A The registration for each seminar is open until 9:00 am the day of the seminar. You will receive a link to join the seminar by email at the latest one hour before the seminar is scheduled to begin =0D=0A
DTEND:20200908T083000Z
DTSTAMP:20200814T115430Z
DTSTART:20200908T073000Z
LOCATION:
SUMMARY:Xiaoyang Li (Chinese University of Hong Kong) - The Failures of Peer-to-Peer Lending Platform: Finance and Politics
END:VEVENT
END:VCALENDAR