P2P网络借贷风险对投资人决策的影响——基于因子分析法的实证研究

The Impact of P2P Network Borrowing Risk on Investor Decision-making——An Empirical Study Based on Factor Analysis

本文选取十大较有代表性的P2P网络借贷平台为例,对P2P网络借贷存在的风险进行研究,并对平台进行综合评价实证分析,探究借贷风险对投资人决策的影响。通过Z-SCORE方法对数据进行处理,利用聚类分析进行风险指标的选择,最后进行因子分析,得出P2P平台风险对比表。实证结果显示,拍拍贷的风险相对较大,开鑫贷、安心贷、微贷网、陆金所等的风险相对较小。由于P2P网络借贷风险对投资人决策产生较大影响,投资人可根据综合评价的结果进行投资理财平台的选择,理性选择P2P网络借贷平台。

This paper chooses ten representative P2 P network lending platforms as an example to study the risks of P2 P network lending, conduct a comprehensive evaluation of the platform and explore the impact of lending risk on investor decision making. The Z-SCORE method is used to process the data and the risk index is selected by cluster analysis. Then factor analysis is carried out to obtain the P2 P platform risk comparison table. Empirical results show that the risk of Paipaidai is relatively large, while Kaixindai, Anxindai, Weidaiwang, Lujinsuo are relatively small. As the risk of P2 P network borrowing has a greater impact on investor decision-making, investors can rationally choose P2 P network lending platform. according to the results of comprehensive evaluation.