..., the criticism faced and its connection with corporate governance. The journey through agency theory reveals its critical role in addressing conflicts of interest and information asymmetry in organisational settings. The narrative emphasises the importance of aligning incentives, implementing monitoring...

...Subodh Kulkarni; Matteo Cristofaro; Nagarajan Ramamoorthy Purpose How can managers reduce information asymmetry in dyadic manager-external stakeholder relationships in a complex and evolving environment? Addressing this question has significant implications for firm survival, growth...

... pronounced effect on firms' choice of debt than do “comply-or-explain” reforms. Both (1) strengthened firm-level internal governance practices that address concerns about the agency cost of debt and (2) reduced information asymmetries play important roles in facilitating firms' debt choice, but the evidence...

...Beatriz Cuadrado-Ballesteros; Isabel-Maria Garcia-Sanchez; Jennifer Martinez Ferrero Purpose – The purpose of this paper is to analyze empirically the fundamental role that information asymmetry plays in the functioning of an efficient capital market as mediator in the relation between corporate...