Funds sharing regulation in the context of the sharing economy: Understanding the logic of China's P2P lending regulation

Yu, Tao; Shen, Wei

doi:10.1016/j.clsr.2018.10.001

Cited by 32 publications

(29 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Recent reports also examined the potential outcomes of a larger share of fintech-facilitated credit in the economy, finding that while it could increase financial stability by providing access to alternative funding sources and creating efficiency pressures on incumbent banks, it might also weaken lending standards and introduce more procyclical credit provision in the economy (FSB 2017). The rapid fintech growth in China and Southeast Asia led to new research examining domestic regulatory regimes and challenges in these markets and the roles of government regulations through either a single-country or a comparative lens (Shim and Shin 2016;Davis et al 2017;Loubere 2017;Gruin and Knaack 2019;Yang et al 2018;Huang 2018;Wang 2018a;Wang 2018b;Xu et al 2019;Yu and Shen 2019;You 2017;Shaydullina 2018). For instance, Iwasaki's study (2018) examines the emergence of fintech firms in Southeast Asia.…”

Section: Literature Reviewmentioning

confidence: 99%

Governing the gold rush into emerging markets: a case study of Indonesia’s regulatory responses to the expansion of Chinese-backed online P2P lending

Tritto

Junaedi

2020

Financ Innov

View full text Add to dashboard Cite

Peer-to-peer (P2P) lending has the potential to boost financial inclusion in emerging markets. This paper contributes to the literature on fintech governance in emerging Asian markets. It examines the case of the Indonesian government’s approach in regulating the P2P lending sector using both primary interviews and secondary firm-level data. Driven by regulation tightening in China and regulatory gaps in Indonesia, Chinese investments became the largest in this sector contributing, however, to growing risks from illegal business practices. The Indonesian government responded by creating new regulations and institutions, mitigating risks without stifling the potential for financial inclusion. We conclude a proactive approach towards monitoring and regulating emerging high-tech industries should be sought by strengthening links with industry and civil society, and through international cooperation for policy and knowledge sharing.

show abstract

Section: Literature Reviewmentioning

confidence: 99%

Governing the gold rush into emerging markets: a case study of Indonesia’s regulatory responses to the expansion of Chinese-backed online P2P lending

Tritto

Junaedi

2020

Financ Innov

View full text Add to dashboard Cite

show abstract

“…Research in China shows that this digital-based financing service is a type of service in the economic sector that can be used by MSMEs to obtain funds in developing their business. In general, MSMEs face difficulties and lack of funds in the process development [11]. In order to support the business development of an MSME in China, the government issued a policy to provide loans [12].…”

Section: Resultsmentioning

confidence: 99%

Financing Analysis of Loan-Based Crowd Funding on Medium Small Micro Enterprises

Dewanti¹,

Septyaningtyas²,

Yuliansyah³

et al. 2021

Proceedings of the 2nd Annual Conference on Social Science and Humanities (ANCOSH 2020)

View full text Add to dashboard Cite

This study aims to determine the results of analysis Loan-Based Crowd funding on MSMEs in several countries on helping MSMEs obtain capital loans without a series of difficulties in administration and regulations. So, it can be used as a consideration for the government in making policies that can be applied in Indonesia. In this study, references from journal articles analyze to solve the problem. In this study, using references from journal articles analyzed to solve the problem. This research shows that loan-based crowd funding can be of positive value for business actors with the ease of making loans to maintain and develop the business.

show abstract

“…Sharing economy as the "acquisition or distribution of a source coordinated by people for compensation or a certain fee" and sharing economy is more like an access economy because the emphasis on sharing is secondary and guided by an intermediary firm [4]. Sharing economy is an umbrella term that encompasses a wide range of digital platform-based activities that includes P2P lending and other forms of internet-based lending [5]. Sharing economic organizations are the most prominent in urban areas, where the concentration of people and resources in close geographical proximity offers favorable conditions for growth [6].…”

Section: Background 21 Understanding Sharing Economymentioning

confidence: 99%

The Practice of Sharing Economy in the Night Market Merchant Community

Hasanah¹,

Rahmattullah²,

Setiawan³

et al. 2021

Advances in Social Science, Education and Humanities Research

View full text Add to dashboard Cite

Sharing economy has actually been around since ancient times, where people do by way of barter in conducting its activities. Over time, in practice the sharing economy which was originally in the conventional way already exists by using technology, but even though there are those who use conventional technology still exists today, such as the practice of sharing economy that occurs at the Ujung Baru Village Night Market in Tanah Laut. This study aimed to analyze the practice of sharing economy Mala Marketland in the village of Ujung Baru Land sea. Researchers in this study, using descriptive methods with a qualitative approach and collecting data using observation, interviews, and documentation techniques. The model used in the data analysis technique of this study is the model Miles and Huberman. The results show, in the practice of sharing land economies in the Ujung Baru Village Night Market, Tanah Laut, there is a new form of sharing economy in the global world that is putting directly reflecting the existence of typical Indonesian values based on the 1945 Constitution and Pancasila, although it is still not understood by the community and sharing economy that occurs in the Night Market of Ujung Baru Tanah Laut Village, which is not using technology to acquire and provide land.

show abstract

Funds sharing regulation in the context of the sharing economy: Understanding the logic of China's P2P lending regulation

Cited by 32 publications

References 0 publications

Governing the gold rush into emerging markets: a case study of Indonesia’s regulatory responses to the expansion of Chinese-backed online P2P lending

Governing the gold rush into emerging markets: a case study of Indonesia’s regulatory responses to the expansion of Chinese-backed online P2P lending

Financing Analysis of Loan-Based Crowd Funding on Medium Small Micro Enterprises

The Practice of Sharing Economy in the Night Market Merchant Community

Contact Info

Product

Resources

About