Abstract
Past degree indicate that individuals’ default practices towards the online peer-to-peer (P2P) credit programs greatly influence almost every other borrowers’ standard motives. Yet not, the new method of the effect isnt obvious. Also, there clearly was scarce lookup regarding hence facts influence the fresh new matchmaking anywhere between an individual’s default conclusion and you can a keen observer’s default purpose. These types of essential questions are yet , as fixed; which, i conducted several experiments using the scenario-situated research approach, targeting Chinese online P2P financing networks. Our show imply that your standard behavior normally end in a keen observer’s default purpose because of the incomplete punitive procedures because they currently exists into Chinese on the internet P2P financing programs. The observer’s ethical disengagement level and you can practical self-activation height act as mediating variables. In instances where an observer understands a person’s standard behavior, the degree of intimacy between the defaulter and you will observer positively has an effect on the partnership between their default conclusion and you can intent. New intimacy top together with seriously impacts the relationship involving the individual’s default behavior as well as the one or two mediator details. In line with the results, we provide government recommendations relating to on line P2P financing.