Kurdish Studies

The Factors Effecting Information Asymmetry in Financial Markets: An Empirical Study on Kurdish Region

Luis Alexander Pulido Joo
Universidad César Vallejo

Manuel Antonio Cardoza Sernaqué
Universidad San Ignacio de Loyola

Wilfredo Gamarra Villanueva
Universidad Andina del Cusco.

Luis Marcelo Olivos Jiménez
Universidad César Vallejo

Guillermo Segundo Miñan Olivos
Universidad Tecnológica del Perú

Henry Alberto Chero Valdivieso
Universidad César Vallejo

Miguel Angel Canchari Preciado
Universidad César Vallejo

Sofía Emilce Belleza Torrejón
Universidad Tecnológica del Perú

Luis Fernando Espejo Chacón
Universidad César Vallejo

Johan Alexander Estrada Espinoza
Universidad Tecnológica del Perú

DOI: 10.67145/ks.v11i1.283

Abstract

Recent studies and regulators must focus on this aspect of asymmetric information in the financial markets, as it has become a significant issue affecting investors. Consequently, this article investigates the impact of the lack of transparency in company information and access to pertinent information on the asymmetry of financial market information in the Kurdish region. In addition, the study examines the moderating effect of lack of government support on lack of transparency in company information, lack of access to pertinent information, and asymmetric information regarding financial markets in the Kurdish region. The study collected primary data from investors in the financial markets using survey questionnaires. The article also employed smart PLS to examine the relationship between variables. The results demonstrated that the lack of transparency in company information and access to pertinent information positively correlated with asymmetric information. In the Kurdish region, the lack of government support moderates considerably the lack of transparency in company information, access to relevant information, and asymmetric information regarding financial markets. The article guides policymakers in developing policies to reduce the asymmetric information situation in financial markets by providing transparency in company information and access to pertinent financial market information.

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Keywords

Kurdish StudiesKurdsmigrationTurkeyKurdishKurdistangenderSyriaimmigrationIraqIraqi KurdistanrefugeesmediadiasporaMigrationfamilyAlevismRojavaYezidisautonomyUnited StatesKurdish studiestransnational migrationIranstereotypesminoritiesAlevisactivismEuropesovereigntyareal linguisticsPKKIndiaBalkans