China P2P Online Loan Platform Risk Assessment and Risk Zoning

An Empirical Study Based on Entropy Weight-TOPSIS and Information Gain

DOI

10.2991/assehr.k.211011.012How to use a DOI?

Keywords

P2P onlineloang platform, Entropy Weight-TOPSIS, Information Gain, Risk assessment, Risk zoning

Abstract

China’s P2P online loan industry has entered a period of stable development. However, due to external supervision and internal management irregularities, the problem platform has occurred from time to time, causing huge losses to the vast number of investors and seriously disruptingthe market order of Internet finance.Therefore, how to effectively identify and evaluate the risks of existing P2P platform, and then effectively partition the risk level, so that the risk prevention can be targeted, and the probability of counter-regional and systemic financial risks is reduced, which becomes one of the important topics in the field of Internet finance.This paper adopts the Entropy Weight-TOPSIS method, using 628 problem platforms and 1127 normal platforms accumulated from 2015 to 2018 as research samples. This paper constructs the risk assessment system of P2P platform from the five aspects of platform operation foundation, executive background, profitability, risk control ability and netizen public opinion, and evaluates the risk influencing factors and risk levels of P2P online lending platform in China. Then the information gain method is used to partition the risk assessment results of the P2P platform, and finally the effect of the partition is evaluated.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Lijun Cai
AU  - Guanhua Zhao
PY  - 2021
DA  - 2021/10/12
TI  - China P2P Online Loan Platform Risk Assessment and Risk Zoning
BT  - Proceedings of the 2021 6th International Conference on Modern Management and Education Technology（MMET 2021）
PB  - Atlantis Press
SP  - 58
EP  - 67
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.211011.012
DO  - 10.2991/assehr.k.211011.012
ID  - Cai2021
ER  -