Pembiayaan Modal Teroka: Kesan Maklumat Asimetri ke Atas Prestasi Usaha Niaga (Venture Capital Financing: Impact of Asymmetric Information on Venture Performance)

This study examines and presents empirical evidence on the impact of asymmetric information on the performance of investee companies (ICs). The asymmetric information of concern is one that arises between ICs as the fund recipients and their respective financial providers (venture capital firms, VCFs). A survey method is adopted on 43 VFCs and 49 ICs in Malaysia. The paired sample t-test and MANOVA techniques are used to test the hypothesis. The...