Detail práce

Analysis of Czech P2P lending investors' behaviour drivers

Autor: Bc. Tereza Hudcová
Rok: 2017 - letní
Vedoucí: Mgr. Petr Polák MSc.
Konzultant:
Typ práce: Bakalářská
Jazyk: Anglicky
Stránky: 74
Ocenění: Pochvala ředitele IES FSV UK za vynikající bakalářskou práci.
Odkaz: https://is.cuni.cz/webapps/zzp/detail/185508/
Abstrakt: This empirical study develops an analysis of peer-to-peer lending market in the Czech
Republic by analysing uniquely collected dataset from Czech P2P lending platform Zonky
and information obtained directly from its investors. The research question investigates, if
there exists correlation between peer-to-peer investors’ risk attitude, which is inferred by
validated survey method, and their real behaviour on platform. The thesis’ results show
that investors in online environment behave way riskier than they, from the theoretical
point of view, actually should. Results also confirmed that investors’ risk attitudes are
domain specific. Subsequently, OLS estimation method uncovers that the only factor, that
is highly statistically significant, in terms of the impact on lenders’ expected return, is
the interest rate stated at loan request. This finding further supports lenders’ inclination
to greater risk, resulting in lack of concern with borrower’s characteristics

Partneři

ČSOB
Deloitte
McKinsey & Company

Sponzoři

CRIF