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- W4386847991 abstract "The purpose of this paper is to develop an influence-effect model as a construct for determining information asymmetry influencing factors between suppliers and buyers, a model which will clarify the theoretical relationship between influencing factors and information asymmetry. In order to understand the cause-effect principle of the influencing factors, the principal-agent theory was used to characterize the suppliers and buyers. In addition, the criteria of the supplier evaluation were analyzed, which are important for purchasing enterprises. As a result of the determination of the influencing factors on the information asymmetry on the side of the buyer, numerous factors can be determined; non-compliance or non-existence on the side of the supplier favors the development of uncertainty as well as the development of the information asymmetry. Influencing factors such as social, legal, or company-internal influencing issues (e.g., integrated management systems, cooperating systems, etc.) can be determined as information asymmetry influencing factors. Furthermore, it can be stated that the essential measurement methods of indirect and direct survey types can be used to draw conclusions about information asymmetry influencing factors. An explanatory model was designed from this information, and this can be used to determine the information asymmetry influence variables. This paper is among the first of its kind to extend the current state of information asymmetry theory in the area of supplier-buyer relationships within any industry. The information asymmetry influence variables could only be captured by the current state of the literature. Future research should subject the information asymmetry influence variables and the entire construct of the information asymmetry influence variable model to a representative empirical study." @default.
- W4386847991 created "2023-09-20" @default.
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- W4386847991 date "2023-01-01" @default.
- W4386847991 modified "2023-09-27" @default.
- W4386847991 title "Identification of asymmetric information in the supplier–buyer relationship:A structural review" @default.
- W4386847991 doi "https://doi.org/10.1007/978-3-658-42635-4_9" @default.
- W4386847991 hasPublicationYear "2023" @default.
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