Research Article
Measurement method of enterprise information asymmetry based on probability analysis
@INPROCEEDINGS{10.4108/eai.27-8-2020.2294621, author={Li LIU and Wen-bing JIANG}, title={Measurement method of enterprise information asymmetry based on probability analysis}, proceedings={Proceedings of the 13th EAI International Conference on Mobile Multimedia Communications, Mobimedia 2020, 27-28 August 2020, Cyberspace}, publisher={EAI}, proceedings_a={MOBIMEDIA}, year={2020}, month={11}, keywords={probability analysis; information asymmetry; measurement method;}, doi={10.4108/eai.27-8-2020.2294621} }- Li LIU
Wen-bing JIANG
Year: 2020
Measurement method of enterprise information asymmetry based on probability analysis
MOBIMEDIA
EAI
DOI: 10.4108/eai.27-8-2020.2294621
Abstract
Aiming at the problem of low sensitivity in the traditional measurement method of enterprise information asymmetry degree, a probabilistic analysis based measurement method of enterprise information asymmetry degree is designed. By analyzing the causes and countermeasures of asymmetric information of enterprises, the proxy variables are determined, the coherence of proxy variables is calculated by probability analysis, and the cost of adverse selection of enterprises is decomposed by covariance decomposition method, which is combined with the coherence of proxy variables to calculate the degree of asymmetric information of enterprises. The experimental results show that compared with the traditional measurement methods, the method based on probability analysis is more sensitive and suitable for practical projects.