Two-sided markets serve as information intermediaries by connecting participants on both sides. In this study, we focus on the coordination of participants in the P2P lending market using a coupon strategy as an incentive to attract investment. Using a two-sided market model, we find that when a platform adopts the coupon strategy, (i) the platform utility and participants’ utility are both greater and (ii) the number of participants is greater. In addition, as most research on two-sided markets and coupon strategy focuses on theoretical models, our study provides empirical support using data from Renrendai.com over 2018 to 2019.
Nowadays the problem of environmental pollution has become more and more prominent. By studying the coupling and coordination between environmental information disclosure quality and financial performance, guide companies to attach importance to environmental problems, take the public companies in the pharmaceutical industry from the heavy pollution industries in China as the research object, and apply the coupling model in physics to calculate the coupling coordination degree between the environmental information disclosure quality and financial performance. The results show that in 2015-2019 the coupling coordination degree of 160 public companies in the pharmaceutical industry is not high, most companies are in a state of maladjustment, only a few companies can reach the level of junior coordination. However, this state of maladjustment has been gradually changing. By 2019, most companies has reached the level of slight maladjustment. In China Both the government and companies should think highly of the environmental information disclosure quality and the companies should pursue the coordinated development of company performance and environmental protection.
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