暨南经院学术系列活动之
金融学系列 Seminar 第75期
主题：Manager's incentives on consumer credit market: Evidence from a natural field experiment
主讲人：黄棣芳（Monash University）
主持人：李霄阳（暨南大学）
会议时间：2021 年 10 月 28 日（周四）下午15:00-16:30
会议工具：腾讯会议（ID：553 390 112 密码：1028）
摘要
We study the impacts of manager's incentives on the consumer finance market. Using the unique data from a major Chinese bank that changed its sales targets for bank managers in a highly non-linear incentive system, we find that the number of credit cards approved increases sharply at the end of each month. End-of-month borrowers are less likely to use credit cards, more likely to be delinquent, and less willing to invest in this bank compared to other borrowers. We find that lax screening and tournament effect may explain these changes.
★主讲人简介★
Difang Huang is a Ph.D. candidate at the Monash University. His research interests include the big data analysis and FinTech. His research has been published in Entropy, Financial Management, and Journal of Financial and Quantitative Analysis. He has several papers under resubmit and revision at Journal of Empirical Finance and Journal of Finance.
