TITLE:
Research on Network Lending Risk Analysis Based on Platform Efficiency
AUTHORS:
Dongmei Li, Jin Xu, Liping Li
KEYWORDS:
Inclusive Finance, DEA, Efficiency, Risk Analysis
JOURNAL NAME:
Journal of Financial Risk Management,
Vol.10 No.4,
December
2,
2021
ABSTRACT: Optimizing the financial risk control mechanism is very important for
small and medium-sized enterprises. It is an important foundation for lending
companies to continue to operate steadily and ensure the safety of credit
assets. Only by optimizing the financial risk control mechanism can small and
medium-sized enterprises develop better and healthily. This study designs the
data envelopment analysis (DEA) model (CCR and BCC) to evaluate the relative
credit risk of the enterprise. According to the selected core indicators,
comprehensive technical efficiency, pure technical efficiency and scale
efficiency of each lending platform are calculated. In order to further explore
the efficiency status of each lending platform and the reasons for its
inefficiency, the efficiency pedigree was drawn according to the pure technical
efficiency value and scale efficiency value of the platform. The main reason
for the low efficiency of online loan platform was the low management level.
Therefore, we need to improve the comprehensive management level of the platform,
and strengthen the risk management control to improve the operation efficiency
of the online loan platform. Finally the related policy proposal was put
forward.