THE RESEARCH AND DEVELOPMENT OF INFORMATION ASYMMETRY ASSESSMENT

Abstract

An entity is less transparent when there is an information asymmetry. Depending on whether the stakeholders are informed of information essential to unequal decision-making, there are benefits and drawbacks to investing in the invested entity. The capital market cycle will suffer considerable damage as a result. This study aimed to create a data asymmetry assessment that would give the participants a stake in the choice-making process by applying the findings and analysis of the causal factors influencing the asymmetry of the research data. Both quantitative and qualitative research is used in this study. 301 companies listed on the Stock Exchange of Thailand made up the sample group for the study. For the quantitative study, the data were gathered between the years of 2015 and 2019 utilizing Path Analysis. Once the model has been developed using in-depth interviews and statistics based on quantitative research, qualitative research will be used to confirm it. Seven data users or data exploitation were interviewed with open-ended questions using a well-designed questionnaire. The study discovered that corporate governance, earnings management, and dividend payment directly impacted information asymmetry, and the quantitative results were consistent with the qualitative ones. As a result, it is transformed into an assessment of information asymmetry.