21 the company and have access to its privileged information as stated in Rose, Peter
S. and Marquis, Milton H. 2008.
2.1.5 Asymmetric Information
According to Rose, Peter S. and Marquis, Milton H. 2008 asymmetric information is view that disputes the financial marketplaces contains pockets of
inefficiency in the availability and use of information. According to Investopedia, definition of asymmetric information is a
situation in which one party in a transaction has more or superior information compared to another http:www.investopedia.com. Others web sources
http:www.economicshelp.org also stated that asymmetric information is a situation where there is imperfect knowledge. In particular, it is occurs where one
party has different information to another. Asymmetric information should be eliminate through the increased of advanced technology because more people
being easily to get information investopedia.com. Many analysts agree that asymmetric information is harder to come by in developed than developing
markets because information in developed markets easily spread timely in everywhere.
According to Rose, Peter S. and Marquis, Milton H. 2008 asymmetric information give consequences for the financial marketplace because there will
be variations in both quantity and quality of the information available. But, the important point is that not all the information is good information, just having
information that others don’t have doesn’t make the information more valuable or
2.1.5 Asymmetric
ic I
Information
Acco o
rd rding to Rose, Pete
te r S.
S. and
nd M
M ar
ar qu
qu is, Milton H.
2 2
008 asymmetric inform
m a
ation is view th
that at
d d
isputes the financial ma mark
rket et
p places contain
ns s
pockets of in
n e
efficiency cy i
i n
n th th
e avai i
la la
bi bi
li ty
and use of inform at
io io
n. n.
Ac Ac
co rd
d in
in g
to Investopedia, d
efinition of a
symm et
etric i
info fo
rm rmat
at ion
is i
a situ
tu at
t i
ion in n
which one p ar
ty in a transaction ha s
more or su pe
erior i
i nf
nf o
ormation on
co co
mp m
ared ed
to another h ttp:
www. in
vestop ed
ia .com. Others
we w
b b
so so
u urces
http: www.econom
icsh elp.org
a ls
o st
ated that asym me
tric inf or
m mation is
a a
situati io
n where there is imp erfe
ct knowled
ge . In
particular, it is occur s
s wher r
e e on
e party
y h
ha s
diff eren
t in
in fo
fo rm
rm at
at io
io n
n to another. A
A sy
sy mm
mm et
et ri
r c
info rmat
io o
n n
should b be
e eliminate through the increased of
of adv
dv anced technology because more pe
peop op
l le
be bein
in g
g ea
e sily to get information investopedia.com. Many analy
y st
st s
s ag
agre ree
e th
that as
asym ymmetr
i ic
i i
f nforma
ma ti
ti on
on i
is ha rd
rd er
er t
t o
o co co
m me by
in in
d d
ev ev l
elop d
ed t h
han de dev
velo loping
mark ket
et s
s becaus
us e
e i
information in n develop
oped markets eas as
il il
y y
sp p
read ad timely in
everywhere. According to Rose, Peter
r S. and M
Marquis, Milton H. 2008 asymmetric information give consequences for
r the
financial marketplace because there will be variations in both quantity and qua
u lity of the information available But the
22 even correct http:www.investinganswers.com. It’s supported by Rose, Peter S.
and Marquis, Milton H. 2008 that market inefficiency can be created by the presence of imperfect or bad information.
This is the theory where there are two kinds of investors, informed investor and uninformed investors. It can give unequally condition because the
informed investor can have more information and knowledge that can give them a better understand and result in decision making to do investment as stated in web
sources http:www.investinganswers.com. It’s supported by Rose, Peter S. and Marquis, Milton H. 2008 that in the real word there is no market that either
completely efficient or completely asymmetric, this book split the real world market into two segments, which are a highly efficient market that trade by well-
informed individuals and institutions trader. The other segment is consisting of less-well-informed small investors’ trader, where information is asymmetrically
distributed.
2.1.6 Google Trends
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