... demonstrates that local political ideology amplifies the alignment between borrowers and lenders in terms of ESG, as well as the pricing of ESG ratings in loan contracting. ESG risk Syndicated lending Cost of loans Information asymmetry Bank monitoring The regulatory landscape for ESG in the US...

... going-concern opinions and experience greater internal control issues. We further show that such unfavourable impacts are more pronounced for clients that experience high information asymmetry, are located far from the auditors, exhibit weak governance oversight and lack industry-specific audit...

...Hend Monjed; Khaled Hussainey; Khaldoon Albitar Purpose This study examines the impact of COVID-19 disclosures on information asymmetry. It also explores whether this impact varies for firms with high proprietary costs and a rich information environment. Design/methodology/approach The authors...

...-issue stock market survival. Our findings empirically support the International Accounting Standards Board’s (IASB) decision to reintroduce the concept of prudence into the conceptual framework, by showing how conservative reporting can reduce information asymmetry in IPO firms. G32 M13 M41...

... volatility (IVOL), aims to examine the association between REM and IVOL and further investigates whether information asymmetry, firm life cycle and economic policy uncertainty (EPU) moderate the association between REM and IVOL. Design/methodology/approach The authors use 94,445 firm-year observations...