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/).
Cite this article
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 -