Module 1.5: Asymmetric Information and the Agency Problems in ICT Industry [2 HR]

This is the last chapter in module 1.

Chapter Learning Objectives

• Explain the concept of market efficiency and the asymmetric information
• Relate the agency problem and its impact on the various stakeholders of an organization.

Chapter Learning Outcomes
It is expected that at the end of this chapter the learner will be equipped with the knowledge on the relationship that exists between diverse stakeholders in the ICT industry (e.g. owners, managers, regulators etc.) and business firm and the reactions of these in relations to various actions and decisions taken by an organization.
Sessions to be covered will include:

Session 1: Market efficiency
Session 2: Asymmetric information
Session 3: The Agency problem