TY - JOUR
T1 - Borrower switching behaviour on a P2P lending platform
T2 - a study of switching path analysis technique
AU - Akbar, Rasyidi Faiz
AU - Sukoco, Badri Munir
AU - Nadia, Fiona Niska Dinda
N1 - Publisher Copyright:
© 2024 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group.
PY - 2024
Y1 - 2024
N2 - Despite borrower disloyalty being a concern, path decisions must still be analysed. Using the switching path analysis technique, this study analysed the triggers, determinants, and consequences of borrower switching. A non-probability sampling method was employed for this analysis. Specifically, snowball sampling was used to collect data because of limited access to Indonesian peer-to-peer lending (P2P) borrowers in borrower lending groups. Snowball sampling was used to recruit more P2P lending borrowers in Indonesia. The sampling method included 31 participants. The findings revealed the following: (1) triggers (situational, influential, and reactional); (2) switching determinants (push, pull, and swayer); and (3) consequences of switching (ir-path or re-path). This study contributes to the service literature by providing a sequential process lens to address how borrowers switch or stop with one P2P lending provider. The findings provide practitioners with data that will allow them to learn how borrowers switch and prevent them from switching.
AB - Despite borrower disloyalty being a concern, path decisions must still be analysed. Using the switching path analysis technique, this study analysed the triggers, determinants, and consequences of borrower switching. A non-probability sampling method was employed for this analysis. Specifically, snowball sampling was used to collect data because of limited access to Indonesian peer-to-peer lending (P2P) borrowers in borrower lending groups. Snowball sampling was used to recruit more P2P lending borrowers in Indonesia. The sampling method included 31 participants. The findings revealed the following: (1) triggers (situational, influential, and reactional); (2) switching determinants (push, pull, and swayer); and (3) consequences of switching (ir-path or re-path). This study contributes to the service literature by providing a sequential process lens to address how borrowers switch or stop with one P2P lending provider. The findings provide practitioners with data that will allow them to learn how borrowers switch and prevent them from switching.
KW - borrower switching
KW - Business, Management and Accounting
KW - Economics
KW - Finance
KW - financial inclusion
KW - financial services
KW - micro finance
KW - Online P2P lending
UR - http://www.scopus.com/inward/record.url?scp=85209551994&partnerID=8YFLogxK
U2 - 10.1080/23311975.2024.2422562
DO - 10.1080/23311975.2024.2422562
M3 - Article
AN - SCOPUS:85209551994
SN - 2331-1975
VL - 11
JO - Cogent Business and Management
JF - Cogent Business and Management
IS - 1
M1 - 2422562
ER -