The Relation Between Information Asymmetry and Firm Value: Empirical Evidence from Vietnamese Listed Firms

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dc.contributor.authorNguyen Hoang Thai
dc.contributor.authorDo Ngoc Phuong
dc.contributor.authorNguyen Thi Phuong Hong
dc.coverage.spatialBolivia
dc.date.accessioned2026-03-22T15:26:10Z
dc.date.available2026-03-22T15:26:10Z
dc.date.issued2021
dc.descriptionCitaciones: 4
dc.description.abstractManagers normally have an advantage over the market in predicting firm-specific events. This creates information asymmetry between managers of the firm and the market. The purpose of this paper is to investigate the relationship between firm value and information asymmetry in Vietnam. Our data include 202 non-financial companies with 606 firm-year observations collected from the two main stock exchange markets in Vietnam including Hanoi Stock Exchange and Ho Chi Minh Stock Exchange, covering 3 years from 2017-2019. The finding of this study indicates that two variables measuring information asymmetry (ASYDISP, ASYDUM) negatively impact firm value. Besides, control variables such as return on assets, leverage, firm size, and intangible assets are found to have significant effects on firm value.
dc.identifier.doi10.57110/jeb.v1i5.4647
dc.identifier.urihttps://doi.org/10.57110/jeb.v1i5.4647
dc.identifier.urihttps://andeanlibrary.org/handle/123456789/52355
dc.language.isoen
dc.relation.ispartofVNU JOURNAL OF ECONOMICS AND BUSINESS
dc.sourceUniversidad Evangélica Boliviana
dc.subjectVietnamese
dc.subjectEnterprise value
dc.subjectInformation asymmetry
dc.subjectStock exchange
dc.subjectBusiness
dc.subjectLeverage (statistics)
dc.subjectHo chi minh
dc.subjectFinancial economics
dc.subjectCapital call
dc.subjectMarket value added
dc.titleThe Relation Between Information Asymmetry and Firm Value: Empirical Evidence from Vietnamese Listed Firms
dc.typearticle

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