题目：Digital Footprints as Collateral for Debt Collection
时间：2021年6月10日（周四）中午12:00-13:00
地点：浙江大学紫金港校区管理学院A523
主讲人：石劲教授，澳大利亚麦考瑞大学商学院
主持人：陈俊教授，云开平台
主讲人简介：
石劲教授现任澳大利亚麦考瑞大学商学院金融学教授、博士生导师,澳大利亚国立大学金融学博士毕业。现为亚洲金融协会理事，SSCI来源期刊《Accounting and Finance》执行副主编，澳大利亚和新西兰会计和金融协会会士。研究领域主要包括中国资本市场、金融科技、公司金融、公司治理、政治经济学和企业经营策略等，已在American Economic Review, Journal of Political Economy, Administrative Science Quarterly, Strategic Management Journal，Management Science,《经济研究》等国内外学术期刊发表论文60余篇。
讲座摘要：
We examine the role of borrowers’ digital footprints in debt collection. Using a large sample of personal loans from a fintech lender in China, we find that the information acquired by the lender through borrowers’ digital footprints can increase the repayment likelihood on delinquent loans by 18.5%. The effect can be explained by two channels: bonding borrowers’ obligations with their social networks and locating borrowers’ physical locations. Moreover, the lender is more likely to approve loan applications from borrowers with digital footprints, even though these borrowers may occasionally have a higher likelihood of delinquency. The use of digital footprints can remain legitimate under stringent privacy protection regulations and fair debt collection practices. Our findings suggest that digital footprints, as a new type of collateral, can ultimately enhance financial inclusion by facilitating the lender’s collection of delinquent loans.
