During the digital transformation of construction projects, the significant volume of project data raise a multitude of data responsibility issues. Project stakeholders, often motivated by financial interests and other considerations, frequently enga...
This study analyzes the relationship between information asymmetry and dividend policy in an emerging market, Korea. We adopt several proxies for information asymmetry, such as the Glosten–Harris and Hasbrouk–Foster–Viswanathan models, drawn from mar...
This research examines how ESG disclosure influences market uncertainty through carbon disclosure. It uses a 10-year dataset from 2012 to 2021 of non-financial U.K. companies in the FTSE All-Share index. This study employs four regression methods to...
In dynamic environments characterized by information asymmetry, swarm robots encounter significant challenges in efficiently collaborating to complete tasks. This study investigates the effects of factors such as resource information, shared costs, t...
In the process of forest ecological benefit compensation, there are problems of information asymmetry and “misaligned incentives”, which will reduce the compensation efficiency. In order to improve the compensation efficiency, based on pr...
The typical approach in the business strand of literature on inter-organisational forms of cooperation is based on the Porter’s value chain model or on the body of literature related to the supply chain. However, there is extended research on v...
Crowdfunding has been widely used by small and micro enterprises, which can raise funds through launching a project in crowdfunding platform. It is also beneficial to sustainable financing. What is more, the success of crowdfunding projects facilitat...
When traditional financial institutions faced difficulties in the task of assisting micro, small and medium-sized enterprises (MSMEs) with capital allocations, crowdfunding can upsurge as an innovative and vibrant vehicle that can support and assist...
Many global challenges cannot be addressed by one single actor alone. Achieving sustainability requires governance by state and non-state market actors to jointly realise public values and corporate goals. As a form of public–private governance...
This study explored how corporate social responsibility (CSR) risk, social networks, and firm performance interacted in light of resource dependence theory and information asymmetry theory to bridge the literature gap between CSR risk and firm perfor...
The current world’s green economy and digital economy collide at an accelerated pace, and the deep integration of digitalization and greening has become a new requirement for high-quality industrial transformation. Premised on a socio-technical...
The rise of bicycle-sharing stimulated companies’ investment in a large number of bicycles in the market. However, it is important to balance the massive placement of bicycles in the market and the company’s sustainable development. This...
This study explores the influence of risk disclosure levels and types on the readability of annual reports of non-financial firms in the UK during the COVID-19 outbreak. It further investigates how the disclosure of COVID-19-related information moder...
Emerging transportation infrastructure (e.g., HSR) is considered to be an important influencing factor of executive compensation. Moreover, information asymmetry is a contextual factor that cannot be ignored in the above relationship. Based on signal...
Online reviews mitigate uncertainty about product quality that is caused by information asymmetry. However, low-quality online reviews are not effective, while high-quality online reviews may raise costs. Unlike the previous studies, this paper devel...
This study examined the relationship between target firms’ financial statement comparability and bidder firms’ boundary decisions. The study used initial public offering (IPO) firms as target firms to test the impact of asymmetric information and sig...
This paper investigates how board gender diversity (BGD) impacts information asymmetry (IA) and investment efficiency (IE), in addition to the moderating role of board gender diversity on the nexus between information asymmetry and investment efficie...
This study sets out a new methodology to exemplify, through a set of risk metrics called the Greeks, impact of a bond’s structured provisions (e.g., call, put, and conversion options) on its risk characteristics and its propensity for agency co...
This study examines the effects of geopolitical risks on the investment efficiency of Vietnamese firms from 2017 to 2024 using fixed effect models and a series of robustness tests. The research findings reveal a negative effect of geopolitical risks...
The study investigates how information asymmetry affects customer satisfaction in the tourism industry by examining trust and perceived value as mediating factors. The research implements an integrated model to test and prove information asymmetry&rs...
29 January 2021
Our study aims to investigate how information asymmetry and ownership structure affect cost of equity capital. For that purpose, we collected 246 issuers over 4 years for a total of 984 observations. By using panel data processing, we found that the...
This study investigates how the government can design optimal incentive mechanisms for Shared Battery Swapping Station (SBSS) construction enterprises under the conditions of dual information asymmetry (effort and operational efficiency) and heteroge...
The characterization of quantum coherence in the context of quantum information theory and its interplay with quantum correlations is currently subject of intense study. Coherence in a Hamiltonian eigenbasis yields asymmetry, the ability of a quantum...
With the development of information networks, information diffusion becomes increasingly complicated in social networks, and the influence from different neighbors presents asymmetry. Evolutionary Game Theory (EGT), which orients the human interactio...
The study analysed the asymmetry in the disclosure of environmental criteria of the Global Reporting Initiative (GRI) standard based on financial and non-financial information in 37 companies in 19 sub-sectors of the Colombian economy that were asses...
16 February 2023
Confirmation biases make consumers feel comfortable because consistent beliefs simplify the processing of electronic word-of-mouth (eWOM). Whether the helpfulness of eWOM is a belief of information underlying biased information, i.e., positive–...
Disclosure policy contributes to improve sustainable corporate information environment by mitigating information asymmetry surrounding companies. Economic theories generally support that more disclosures reduce the level of information asymmetry, inc...
Hypnotizability is a dispositional trait reflecting the individual ability to modify perception, memory and behavior according to imaginative suggestions. It is measured by validated scales that classify the general population in high (highs), medium...
The tail risk management is of great significance in the investment process. As an extension of the asymmetric tail risk measure—Conditional Value at Risk (CVaR), higher moment coherent risk (HMCR) is compatible with the higher moment informati...
This study analyzes the wealth impact on M&A deals when the acquirers in the financial industry utilize external versus in-house advising services. A quasi-natural observatory setting is applied to investigate the costs and benefits of retaining...
The Q-rung dual hesitant fuzzy (q-RDHF) set is famous for expressing information composed of asymmetry evaluations, because it allows for several possible evaluations in both the membership degree and non-membership degree. Compared with some existin...
Brand value is an intangible asset of all firms and plays an important role in a firm’s performance. Many independent firms publish the brand values of the different leading firms worldwide. Here a very simple and basic question is raised; shou...
Land is a scarce resource. It is usually traded as real estate, an economic good with a market value. Often, this market value is not negotiated simply between the seller and the potential buyer, but is based on an assessment performed by a professio...
This study analyzes the short-term capital market wealth effects of acquiring companies in India. The study has taken 449 cases of merger and acquisition announcement effects on shareholder wealth by using multiple models, including the market model,...
The information environment is an important factor that affects enterprises’ implementation of corporate social responsibility (CSR). Considering the uncertainty of product demand, this paper focuses on the retailer’s CSR behavior mechani...
The generation of construction and demolition waste (CDW) is a problem for societies aspiring to sustainability. In this regard, governments have the responsibility to support the CDW recycling through subsidies. However, the information asymmetry, a...
Behavioural asymmetries displayed by individuals, such as hand preference and foot preference, tend to be lateralized in the same direction (left or right). This may be because their co-ordination conveys functional benefits for a variety of motor be...
In life, making a decision is always required. Various situations demanding decision making are encountered in life. We apply the core decisive modes of game theory to closed couple relationships in conflict situations for the following reasons. (1)...
Physical roots, exemplifications and consequences of periodic and aperiodic ordering (represented by Fibonacci series) in biological systems are discussed. The physical and biological roots and role of symmetry and asymmetry appearing in biological p...
This study constructs a conceptual model based on the relationship between corporate social responsibility (CSR) and organizational resilience based on stakeholder theory, resource dependence theory, information asymmetry theory, and signaling theory...
This article examines the impact of ownership structure and dividend payouts on idiosyncratic risk and market liquidity using agency, signaling, and bankruptcy theories from an emerging market perspective. The evidence shows that family firms dominat...
Recently, mono- and dinuclear complexes have been in the interest of scientists due to their potential application in optoelectronics. Herein, progressive theoretical investigations starting from mononuclear followed by homo- and heterometallic dinuc...
The problems that exist in China’s agricultural operations are not only on a small scale; more seriously, there are also problems of land fragmentation and the mismatch of human and land resources. Land transfer is expected to be a tool for sol...
In several applications, the assumption of normality is often violated in data with some level of skewness, so skewness affects the mean’s estimation. The class of skew–normal distributions is considered, given their flexibility for model...
Urban forms are human-made systems that display a close connection with fractal objects, following organisation patterns that are not as random as believed. In this context, fractal theory can be seriously considered as a powerful tool for characteri...
A graph containing some edges with probability measures and other edges with uncertain measures is referred to as an uncertain random graph. Numerous real-world problems in social networks and transportation networks can be boiled down to optimizatio...
The fundamental intuition that Carnot had in analyzing the operation of steam machines is that something remains constant during the reversible thermodynamic cycle. This invariant quantity was later named “entropy” by Clausius. Jaynes pro...
This study investigates the impact of enterprise digital transformation through information and communication technology (ICT) on auditing fees. Based on data from publicly listed companies in China and employing information asymmetry theory, the res...
The readability of a firm’s financial disclosure has long been used as a variable to predict firm performance and explain investors’ decision-making in the market. We investigate whether readability is informative for non-financial disclo...
The purpose of this study was to establish the determinants of crowdfunding campaign successes of African small-to-medium enterprises (SMEs) during the COVID-19 pandemic. The study utilised cross-sectional data, which were collected from TheCrowdData...
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