TY  - JOUR
T1  - Are credit-based internet consumer finance platforms sustainable? A study on continuous use intention of Chinese users
A1  - Chen, Ming
A1  - Yang, Fan
A1  - Choi, Yongrok
Y1  - 2021///
KW  - China
KW  - Continuous use intention
KW  - ECT-IS theory
KW  - Impulsive buying
KW  - Internet consumer finance
KW  - SEM
JF  - Sustainability (Switzerland)
VL  - 13
IS  - 24
DO  - 10.3390/su132413629
L1  - file:///E:/jurnal/2023/j of economics and business/paper/Chen 2021 Are_Credit-Based_Internet_Cons.pdf
N2  - Internet consumer finance platforms (ICFPs), as a new Internet financial model, have emerged and been widely adopted by Chinese as well as global online shoppers following the rapid growth of e-commerce. This emerging financial tool is, however, luring younger generations deep into debt. It jeopardizes the Sustainable Development Goal (SDG) 1—No poverty, bringing the sustainability of this consumer financial model into question. To aid the sustainable development of ICFP industry, this paper distinguishes two antecedents of continuous use intention for ICFP users: (1) satisfaction, as a sustainable determinant; and (2) impulsive buying, as a non-sustainable determinant. We found satisfaction (b = 0.452) has a larger positive effect on continuous use intention compared to impulsive buying (b = 0.229). Therefore, ICFPs should weigh heavier on technology innovation instead of seducing consumers’ impulsive buying behavior. We also found that credit limit misconception poses the largest impact (b = 0.483) on impulsive buying. In the near term, governments and ICFPs may initiate public programs to improve ICFP users’ financial literacy in order to restrain their unsustainable impulsive buying behavior and cultivate their sustainable satisfaction on ICFP technology and service. Market regulators may build up institutional frameworks to tighten the abuse of financial platforms on credit issuing power and better foster sustainable entrepreneurship in this new financial platform business.
ER  -