An international comparison of the determinants and financial information quality in XBRL reporting environment

• Main Authors: Tarmidi, Mahlindayu, Abdul Roni, Rusli
• Format: Conference or Workshop Item
• Language: English
• Published: Elsevier Ltd. 2014
• Subjects: HF5601 Accounting
• Online Access: http://repo.uum.edu.my/13370/1/17.pdf; http://repo.uum.edu.my/13370/; http://dx.doi.org/10.1016/j.sbspro.2014.11.061
• Institution: Universiti Utara Malaysia

The rapid development of technology had impacted the way businesses communicate information to the stakeholders.eXtensible Business Reporting Language (XBRL) offers the ability to exchange financial information globally through a digitalized global standard language.To reduce information asymmetry, most studies on XBRL were carried out emphasizing on the reasons for the new technology adoption and intention for implementation, but studies on XBRL implications or effectiveness are still scarce.Expected to improve firm information dissemination, the post-implementation studies give more focus on the data quality and usage, but still no attempt to examine the effect of XBRL adoption on the quality of another means for information sharing, the internet financial reporting.Hence, this study aims to evaluate the differences (if any) in the quality of internet financial reporting of companies operating in the XBRL-mandated countries and companies operating in non-XBRL mandated countries.