information asymmetry

Description This study examines three issues: (1) the effect of information asymmetry on the budget negotiation process, (2) the effect of information asymmetry on budgetary slack when budgets are set through a negotiation process, and (3) whether subordinates consider superiors imposing a...

Description According to transaction cost theory, the risk of opportunism is a major obstacle to cooperative relationships, such that multinational corporations need to exert control over their international joint ventures (IJVs). However, inconsistent findings indicate that the...

Description This paper aims to examine whether firms with high information asymmetry disclose more information under a continuous disclosure regime, and, second, the paper examines whether continuous disclosures reduce information asymmetry. Accounting Research Journal Continuous disclosure and...