The Impact of Information Asymmetry on Firm Value: An Econometric Study Using Panel Data Models on a Sample of Industrial Firms Listed on the Amman Stock Exchange, Jordan, During the Period 2015-2023.

Abstract

This study aimed to test the impact of information asymmetry on firm value for a sample of 20 industrial firms listed on the Amman Stock Exchange in Jordan during the period from 2015 to 2023. To achieve this goal, the study was based on building a Panel Data Models, where the model included the firm's value as a dependent variable and information asymmetry as an independent variable, in addition to some other variables affecting this relationship. The study concluded that there is a positive relationship between information asymmetry and the value of industrial firms listed on the Amman Stock Exchange in Jordan.