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A Peer-reviewed scientific articles/A1 Journal article (refereed), original research
      
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Social Capital, Trusting, and Trustworthiness: Evidence from Peer-to-Peer Lending, Journal of Financial and Quantitative Analysis (Forthcoming). Hasan, Iftekhar; He, Qing; Lu, Haitian


Category A Peer-reviewed scientific articles
Sub-category A1 Journal article (refereed), original research
auki Internal authors
All authors as text Hasan, Iftekhar; He, Qing; Lu, Haitian 
Number of authors
Status Forthcoming
Year of publication 2021 
Date 03.11.2020 
Name of article Social Capital, Trusting, and Trustworthiness: Evidence from Peer-to-Peer Lending 
Name of journal Journal of Financial and Quantitative Analysis
Abstract How does social capital affect trust? Evidence from a Chinese peer-to-peer lending platform shows regional social capital affects the trustee’s trustworthiness and the trustor’s trust propensity. Ceteris paribus, borrowers from higher social capital regions receive larger bid from individual lenders, have higher funding success, larger loan size, and lower default rates, especially for low-quality borrowers. Lenders from higher social capital regions take higher risks and have higher default rates, especially for inexperienced lenders. Cross-regional transactions are most (least) likely to be realized between parties from high (low) social capital regions.
Free text descriptor in Finnish sosiaalinen pääoma; Kiina; joukkorahoitus; luotettavuus 
Free text descriptor in English Social Capital, Trustworthiness, Generalized Trust, Debt Crowdfunding 
JEL-codes Z10, G10, O16 
ISSN / e-ISSN 0022-1090 
auki Internet addresses