Table 2 Factor analysis of the index of Internet finance
From: The impact of Internet finance on commercial banks’ risk taking: evidence from China
Index | Internet finance index | Internet channel index | Internet payment index | Internet credit index | Internet wealth management index |
|---|---|---|---|---|---|
KMO figure | 0.79 | 0.81 | 0.74 | 0.84 | 0.80 |
Bartlett statistics (figure P) | 202.93*** (0.00) | 16.82*** (0.00) | 18.84*** (0.00) | 28.34*** (0.00) | 15.77*** (0.00) |
Number of common factors | 1 | 1 | 1 | 1 | 1 |
Variance contribution ratio | 86.53 % | 93.47 % | 85.19 % | 91.77 % | 92.53 % |