...Yang Li; Dingyun Ji; Muqing Hu Purpose This study aims examine how government information transparency moderates the relationship between analyst coverage and corporate information asymmetry. While both mechanisms are known to reduce information asymmetry, their joint and potentially nonlinear...

... score matching ( PSM ). Additional analyses show that the positive impact of carbon performance on stock liquidity is amplified in firms with stronger corporate social responsibility ( CSR ) engagement and lower levels of information asymmetry. However, the positive association is attenuated during...

... The regression results indicate that firm-level institutional investor distraction significantly reduces corporate financial flexibility, and this effect remains consistent across various robustness tests. Further analysis reveals that distraction amplifies information asymmetry, reduces pricing efficiency...

...Bahaa Saleeb Agaiby Bakhiet Purpose This study aims to delve into the mechanisms through which financial statements readability (FSR) may impact the probability of stock price crashes. It specifically examines how information asymmetry and stock liquidity mediate this relationship. Design...

...Malik Muneer Abu Afifa; Mustafa Saadeh Purpose This paper aims to investigate the relationship between voluntary disclosure and the cost of capital as a direct relationship and as an indirect relationship mediated by information asymmetry. It provides evidence from Jordan as a developing economy...

...Dina El Mahdy; Jia Hao; Yu Cong Purpose The purpose of this study is to examine the association between audit committee expertise and asymmetric information in the US equity market. Design/methodology/approach The authors use measures of information asymmetry for 705 US firms (5,260 firm-year...

...Aitzaz Ahsan Alias Sarang; Asad Ali Rind; Mamdouh Abdulaziz Saleh Al-Faryan; Asif Saeed Purpose This study aims to examine whether information asymmetry (IA) mediates the relationship between women directors and the cost of equity (COE). Specifically, this study posits that women directors tend...

... Licensed re-use rights only Information asymmetry Principal–agent problem Moral hazard Retention contracts In business, the literature has long highlighted the impacts of information asymmetry on the organization's decisions (Peysakhovich and Karmarkar, 2015 ; Schmidt and Buell, 2014...

... underpricing, as it has a detrimental influence on economic growth (Bova and Pereira, 2012 ; Jamaani and Ahmed, 2021 ; Mehmood et al., 2021 ). Depending on the degree of information asymmetry in national stock markets, underpricing costs increase the cost of going public for entrepreneurs...

... is developed using agency theory and information asymmetry theory. Third, the current study adds new evidence to the role of audit quality and EM in companies, as well as how audit quality and EM practices affect company performance in emerging markets such as Jordan. © Emerald Publishing Limited 2021...

.../approach The study used several difference-in-differences models for a sample comprising 102 Saudi Arabian IPO firms for 2003–2017. Findings It found that mandating the application of the IFRS had a significant short-lived but no long-lived effect on IPO firms’ information asymmetry. When information...

...Foued Khlifi Purpose This paper aims to examine the effect of Web-based financial reporting and social media platforms on the proxies of information asymmetry in the Saudi Stock Exchange. Design/methodology/approach The sample of this paper consists of 133 Saudi listed non-financial companies...

... 2017 18 07 2017 17 10 2017 12 11 2017 © Emerald Publishing Limited 2018 Emerald Publishing Limited Licensed re-use rights only Discretionary accruals Dividend policy Information asymmetry Corporate finance Corporate finance is the field of finance which...

... observation, categorisation and relationship building. This approach serves to develop a theoretical map integrating the corporate disclosure theories. Findings The paper discusses theories that recognise actual features of financial markets – market failure, information asymmetry and adverse selection...