Lending, Credit Risk and Financial Management

A special issue of Journal of Risk and Financial Management (ISSN 1911-8074). This special issue belongs to the section "Risk".

Deadline for manuscript submissions: 31 December 2024 | Viewed by 1036

Special Issue Editor


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Guest Editor
School of Economics, Finance and Marketing, RMIT University, Melbourne, Australia
Interests: empirical asset pricing; emerging markets; fixed income; risk management

Special Issue Information

Dear Colleagues,

In the ever-evolving landscape of financial markets, significant events such as the global financial crisis, geopolitical shifts, and technological advancements have continuously reshaped the frameworks and strategies associated with lending and credit risk management. As we navigate through a post-COVID era marked by heightened inflation and economic uncertainty, it is imperative that we reassess and innovate our approaches to financial management to ensure stability and adaptability.

This Special Issue seeks to gather and disseminate cutting-edge theoretical and empirical research on lending and credit risk financial management. We are particularly interested in studies that address the implications of recent global changes on lending practices, risk assessment, and regulatory compliance, and those that explore the integration of sustainability and technological innovation into these processes.

The scope of this Special Issue includes, but is not limited to, the following topics:

  • Innovations in lending;
  • Regulatory and compliance challenges;
  • Advanced credit risk modelling;
  • Behavioral aspects of lending;
  • Sustainability in lending;
  • Economic policy impact;
  • Comparative financial studies.

Dr. Xiaolu Hu
Guest Editor

Manuscript Submission Information

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Keywords

  • credit risk
  • risk management
  • financial stability
  • lending risk
  • banking

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Published Papers (1 paper)

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Research

16 pages, 425 KiB  
Article
The Effects of Monitoring Activities on Loan Defaults in Group-Based Lending Program: Evidence from Vietnam
by Tran Ba-Tri, Loc Dong Truong, H. Swint Friday and Tien Phat Pham
J. Risk Financial Manag. 2024, 17(8), 357; https://doi.org/10.3390/jrfm17080357 - 14 Aug 2024
Viewed by 669
Abstract
The aim of this study is to investigate the impact of delegated monitoring by a group leader and peer monitoring by group members on loan defaults in a group-based lending program in Vietnam. The data used in the study were collected from a [...] Read more.
The aim of this study is to investigate the impact of delegated monitoring by a group leader and peer monitoring by group members on loan defaults in a group-based lending program in Vietnam. The data used in the study were collected from a questionnaire survey of 675 participants involved in a group-based lending program conducted from August to October 2022 in the Mekong River Delta, Vietnam. This group-based lending program employs a unique monitoring system that involves hiring the group leader to supervise the group and encouraging group members to monitor each other. The empirical findings derived from the Probit model indicated that delegated monitoring significantly reduces loan defaults, but there was no evidence supporting the effectiveness of peer monitoring within the group. Additionally, under the delegated monitoring scheme, commissions and group size plays an important role in decreasing loan defaults. The implication of the findings is that the Vietnam Bank for Social Policies (VBSP) could maintain large group sizes to provide incentives for group leaders through commissions to enhance repayment rates. Full article
(This article belongs to the Special Issue Lending, Credit Risk and Financial Management)
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