000			02029nam a2200205 4500
999			_c52422 _d52422
003			OSt
005			20190813182708.0
008			190813b ||||| |||| 00| 0 eng d
100			_aBergh, Donald D _934176
245			_aInformation Asymmetry in Management Research: Past Accomplishments and Future Opportunities
300			_a 122–158 p.
520			_aInformation asymmetry is a condition wherein one party in a relationship has more or better information than another. The information asymmetry concept is widely diffused throughout management research, and its existence is a core assumption within leading theories on organizations. Despite information asymmetry’s central role, however, there have been no systematic reviews of the management literature using the concept. As a result, there is no established level of knowledge of information asymmetry as a management concept, nor is there a unified basis for directing future research leveraging the concept. In response, we review 223 relevant articles from leading management journals and develop a framework for organizing and assessing information asymmetry research. We consolidate understanding of information asymmetry’s meaning, conceptual applications, roles in different theoretical models, antecedents, and how focal actors’ self-interests influence the selection of mechanisms for managing it. Further, we highlight opportunities for extensions to core management theories and specify research prospects within several management subfields. Overall, the framework can help guide researchers as they work to advance understanding of one of the management field’s most ubiquitous concepts.
653			_ainformation asymmetry,
653			_aAsymmetric information,
653			_aInformation impactedness
700			_aKetchen, Jr.,David J. _934177
700			_aOrlandi, Ilaria _934178
773	0		_029017 _974525 _aDEBORAH E. RUPP _dWEST LAFAYETTE SAGE PUBLICATION 2012 _o55510284 _tJOURNAL OF MANAGEMENT _x 0149-2063
942			_2ddc _cJA-ARTICLE