Information Asymmetry and Power in a Surveillance Society [PDF]
This paper fuses Lukes’ (1974) three-dimensional view of power with the economic concept of informational asymmetry to explicate how access to information is organized and how power relationships arise from this organization. We argue that many observed asymmetries are deliberate and, drawing from the economics and finance literature, we posit that ...
Lightfoot, Geoffrey +1 more
openaire +2 more sources
Information asymmetry and investment efficiency : the role of blockholders [PDF]
Purpose – This study aims to examine the extent to which information asymmetry affects investment efficiency and whether the presence of blockholders moderate this relationship.
Josephine Tan Hwang, Yau +4 more
core +1 more source
Audit Quality and Information Asymmetry [PDF]
本文旨在檢視審計品質與資訊不對稱之直接關聯。過去文獻多以審計品質作為資訊不對稱風險的代理變數,探討審計品質對資金成本的經濟影響,間接推論高審計品質隱含低資訊不對稱程度,能使企業資金成本下降。不同於過去文獻,本文採用優勢資訊交易機率(probability of information-based trading,簡稱PIN)擷取企業私有資訊交易的頻率,據此直接衡量企業資訊不對稱的程度;另以會計師事務所規模、會計師查核任期、裁決性應計數與審計市場產業專家作為審計品質的代理變數 ...
王貞靜; 張瑀珊; 林凱薰
core +1 more source
The financial statements are required for internal and external interests, especially for investors and creditors. The parties need some information about the company as well as information liaison between the two.
Nessi Felicia Martha +2 more
doaj +1 more source
Information Asymmetry, Financialisation and Financial Access [PDF]
AbstractThis study investigates whether information sharing channels that are meant to reduce information asymmetry have led to an increase in financial access. The study employs a Generalized Method of Moments technique using data from 53 African countries during the period from 2004 to 2011 to examine this linkage.
Simplice A. Asongu, Nicholas M. Odhiambo
openaire +2 more sources
Rational tuning of the rigidity of a ligand scaffold: synthesis of diphenylsulfide-linked bis(oxazoline) ligands and their application in asymmetric allylic alkylation [PDF]
The scaffold rigidity of bis(oxazoline) ligands was rationally tuned on the basis of literature information. Diphenylsulfide-linked bis(oxazoline) ligands with a flexible scaffold were efficiently synthesized to test our hypothesis.
Liu, Han +3 more
core +1 more source
Uncertainty and Information Asymmetry in Budget Negotiations [PDF]
Participative budgeting processes are an important element of management control systems in many firms. The literature on participative budgeting has studied the role of information asymmetry.
Arnold, Markus Christopher +1 more
core
INTERACTION AND INTERDETERMINATION OF COMPETITION PROCESSES AND INFORMATION ASYMMETRY ON THE REGIONAL TRADE MARKET [PDF]
The present article is to define an «information asymmetry» term depending on the information type; to prove incapability of the existing signs of smoothing of information asymmetry effects; and to substantiate an urgent need for generation of an ...
Y. K. Persky, D. V. Dmitriev
doaj +1 more source
Effect of Information Asymmetric on Performance in Business Groups [PDF]
Information asymmetry leads to formation of inefficient information. This inefficiency may affect firm’s performance. One of the main advantages of business groups is lowering the levels of information asymmetry.
Mohammad Hossein Vadeei, Pari Safari
doaj +1 more source
INFORMATION ASYMMETRY IN PRICING OF CREDIT DERIVATIVES [PDF]
We study the pricing of credit derivatives with asymmetric information. The managers have complete information on the value process of the firm and on the default threshold, while the investors on the market have only partial observations, especially about the default threshold.
Caroline Hillairet, Ying Jiao
openaire +6 more sources

