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What is the relationship between FinTech adoption and information asymmetry in the business world?

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FinTech adoption has a significant impact on reducing information asymmetry in the business world. Studies show that FinTech development decreases manipulation in firms' R&D, attributed to its role in reducing information asymmetry and easing financing constraints . Additionally, in the realm of P2P lending, informed investors strategically bid early to signal quality, facilitating information spillover to uninformed investors and benefiting both investors and borrowers . Furthermore, Distributed Ledger Technology (DLT) is highlighted as a tool to mitigate information friction resulting from stakeholder preferences, particularly in markets with imperfect information . These findings collectively emphasize how FinTech adoption can enhance transparency, reduce asymmetry, and improve efficiency in business interactions.

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Journal Article•DOI The Relationship between Mandatory K－IFRS Adoption and Real Earnings Management：Considering the Level of Information Asymmetry Seun-Young Park 31 May 2022-회계와 정책연구	Not addressed in the paper.
Open access•Journal Article•DOI A study of information asymmetry in financial research Eliada Herwiyanti 31 Jan 2023-The Indonesian Acounting Review 1 Citations	Not addressed in the paper.
Open access•Journal Article•DOI A critical review of information asymmetry in the business cycle: How digital ledger technology can transform and sustain the business cycle E Susan, Manases Mbengwor Natu - Show less +1 more 20 Jul 2022-PLOS sustainability and transformation	FinTech adoption, specifically Distributed Ledger Technology (DLT), can mitigate information asymmetry in trading relationships by enhancing transparency, reducing errors, and improving access to relevant information in the business world.
Journal Article•DOI Does FinTech Constrain Corporate Misbehavior? Evidence from Research and Development Manipulation 30 May 2023-Emerging Markets Finance and Trade	FinTech adoption reduces information asymmetry in firms by constraining research and development manipulation, enhancing innovation, and ultimately increasing corporate value in the business world.
Journal Article•DOI Information Asymmetry Among Investors and Strategic Bidding in Peer-to-Peer Lending 01 Sep 2022-Information Systems Research 1 Citations	Not addressed in the paper.

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