论文部分内容阅读
P2B是个人投资者对中小微企业提供网络借贷的微金融服务。本文以中小微企业的P2B借贷交易数据为样本,依据P2B网络融资特征的统计分析,建立了P2B网络融资速度的有序Logit离散模型及其概率方程,研究显示:P2B网络融资具有明显的速度优势;影响融资速度的显著因素包括:借款金额、利率、期限和期数以及起投点,并呈现有序Logit离散模型关系。模型估计结果表明,融资速度与利率成本之间依概率呈反向非线性变化。由此测算的概率大小,为企业融资速度与成本策略的选择提供了多种可能的对策方案。
P2B is a micro-financial service that individual investors provide online loans to small and medium-sized businesses. Based on the statistical analysis of P2B network financing characteristics, this paper establishes an orderly Logit discrete model and its probability equation for P2B network financing speed. The research shows that: P2B network financing has obvious speed advantage ; Significant factors that affect the speed of financing include: borrowing amount, interest rate, duration and period, and starting point, and presents an orderly Logit discrete model relationship. The model estimation results show that there is an inverse nonlinear change between the financing speed and the interest rate cost. Therefore, the probability of the estimated value provides a variety of possible solutions for the choice of the speed and cost strategy of the enterprise financing.