Proceedings of the 2022 4th International Conference on Economic Management and Cultural Industry (ICEMCI 2022)

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Geographical distance, Fintech and Leasing Contract Design

Analysis Based on Linear Models

Authors
Ting Yang1, *, Xinyu Wang1, Tongxin Zhang1, Zhijun Wang1
1School of Economics and Management, North China University of Technology, Beijing, China
*Corresponding author. Email: yangting@ncut.edu.cn
Corresponding Author
Ting Yang
Available Online 27 December 2022.
DOI
10.2991/978-94-6463-098-5_190How to use a DOI?
Keywords
Geographical distance; Financing contract; Fintech
Abstract

It has been proved that geographical distance has a certain impact on distance market transactions, but there are still few studies systematically elaborating whether geographical factors have an impact on financial contract. Based on the data of geographical distance and fintech index , the empirical results show that: (1) The greater the geographical distance, the leasing companies reduce the financing amount in the financing contract to reduce their own risk; (2) In the regions with high fintech level, geographical distance has no significant effect on the financing amount, and fintech can alleviate the information asymmetry caused by geographical distance; On the contrary, geographical distance still has a significant negative correlation with financing amount in low-level fintech regions. This paper not only studies the correlation between geographical factors and financing contract design, but also explores the influence of fintech level on financing contract based on regional fintech level.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2022 4th International Conference on Economic Management and Cultural Industry (ICEMCI 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
27 December 2022
ISBN
10.2991/978-94-6463-098-5_190
ISSN
2352-5428
DOI
10.2991/978-94-6463-098-5_190How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Ting Yang
AU  - Xinyu Wang
AU  - Tongxin Zhang
AU  - Zhijun Wang
PY  - 2022
DA  - 2022/12/27
TI  - Geographical distance, Fintech and Leasing Contract Design
BT  - Proceedings of the 2022 4th International Conference on Economic Management and Cultural Industry (ICEMCI 2022)
PB  - Atlantis Press
SP  - 1686
EP  - 1690
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-098-5_190
DO  - 10.2991/978-94-6463-098-5_190
ID  - Yang2022
ER  -