This paper proposes a theoretical model to study the competition and regulation of peer-to-peer lending platforms. We show that inadequate regulatory capability and fierce competition jointly induce platforms to offer principal guarantee to investors. As platforms deviate from pure information...

Through the unexpected event of the US-China trade war, this article explores whether the valuation of overseas listed companies is affected in the context of the trade war between the two countries and the changes in the connection between business valuation and the two stock markets. By taking...