Cao, Ying (Jessica); Turvey, Calum; Ma, Jiujie; Kong, Rong - In: Agricultural Finance Review 76 (2016) 3, pp. 326-347
Purpose The purpose of this paper is to investigate whether negative incentives in the pay-for-performance mechanism would trigger loan officers to strategically reject potentially good loans. If so, what is the feasible solution to alleviate the problem. Design/methodology/approach A framed...