TY - JOUR
T1 - Female Small Business Owners in China: discouraged, not discriminated
AU - Caglayan, Mustafa
AU - Talavera, Oleksandr
AU - Xiong, Lin
N1 - Funding Information:
Standard disclaimer applies. This research is supported by the Economic and Social Research Council (ESRC) grant ES/P004741/1 . In memory of Professor Josephine Maltby (1954–2017).
Publisher Copyright:
© 2022
PY - 2022/9
Y1 - 2022/9
N2 - Using a unique small business loan application dataset from a peer-to-peer (P2P) digital loan platform in China, we show that female entrepreneurs are more likely to be discouraged from applying for funds after a failed attempt compared to their male counterparts. Female discouragement persists at different regional development levels and is prominent among those who need finance for working capital. Although digitization of financial markets has made external funding more accessible to small business owners, disclosing more information during the application process would help those discouraged from posting a new funding application.
AB - Using a unique small business loan application dataset from a peer-to-peer (P2P) digital loan platform in China, we show that female entrepreneurs are more likely to be discouraged from applying for funds after a failed attempt compared to their male counterparts. Female discouragement persists at different regional development levels and is prominent among those who need finance for working capital. Although digitization of financial markets has made external funding more accessible to small business owners, disclosing more information during the application process would help those discouraged from posting a new funding application.
KW - China
KW - Digitization
KW - Discouraged borrowers
KW - Fintech
KW - Gender discrimination
KW - Peer-to-peer (P2P) lending
KW - Repeat rejections
KW - Small business owners
UR - http://www.scopus.com/inward/record.url?scp=85137615257&partnerID=8YFLogxK
U2 - 10.1016/j.intfin.2022.101649
DO - 10.1016/j.intfin.2022.101649
M3 - Article
SN - 1042-4431
VL - 80
JO - Journal of International Financial Markets, Institutions and Money
JF - Journal of International Financial Markets, Institutions and Money
M1 - 101649
ER -