Research On The Impact Of Third Party Certification On P2p Platform Risk Status

With the introduction of financial innovation,Internet finance is in a good state of continuous development.P2 P network lending is a branch of Internet finance,providing investors with suitable investment channels,realizing the exchange of capital,and optimizing the allocation of resources.However,in the process of the development of the online lending industry,as China’s online lending market has not yet reached the weak effective market,the phenomenon of “explosive thunder”frequently indicates the certain information asymmetry in the market.In order to cope with the status quo of the industry,institutions and organizations have adopted a series of measures to screen out P2 P network lending platforms with certain capabilities and third-party guarantee institutions and third-party fund depository institutions related to P2 P network lending operations,hoping to promote the health of P2 P industry.Construction of the environment.Therefore,it is particularly important to study the impact of the risk status of the network lending platform from the perspective of third-party certification,and it is also an important prerequisite for promoting the compliance construction of the network lending industry.Based on the above objectives,this paper studies the theoretical knowledge,development process and factors affecting the platform risk status of China’s P2 P network lending,based on the indicators selected by the predecessors on the factors affecting the platform’s risk status,combined with the new P2 P network lending industry.In the stage,from the perspective of third-party certification,study its impact on the risk status of the P2 P platform.Using the data of 193 sample platforms from September 2017 to September 2018 published by the online loan home and online loan,the platform risk status is interpreted as a variable,whether it is a bank deposit white list and whether to join the association.In order to explain the variables,the remaining average comprehensive rate of return,platform background,registered capital,whether to obtain ICP license and other indicators as control variables,through probit and logit model for empirical analysis,to explore third-party certification and P2 P network lending platform risk The relationship of the state.The study found that the lesser the platform for bank deposits with a whitelist of banks,the less likely it is to become a problem platform and the platform to join the Chinese or local Internet finance associations,the less likely it is to become a problem platform.The results reveal the impact of third-party certification on the platform’s risk status,indicating that there is a third-party certification platform,which is less likely to be a problem state platform.Therefore,it provides suggestions for platform and investors to prevent risks.It also enables the government and regulatory authorities to better build a compliant P2 P network loan environment,promote the self-improvement and development of the P2 P platform,and help investors effectively differentiate risk platforms and A well-operated platform that generates reasonable returns and avoids unnecessary losses.