Standard Business Reporting (SBR) Adoption in Australia, Critically Acclaimed, Box Office Flop: Constructivist and Ecological Rationalities in Information Systems (IS) Adoption

Abstract

IS enables organizations to improve their productivity, streamline their business processes, and better understand the challenges and opportunities facing their business. These benefits can further accrue to individuals and organizations when they adopt and use the systems. While the benefits of IS are multifarious, IS adoption remains challenging. The far-reaching consequences of IS motivate research examining the antecedents of successful IS adoption both at individual and organizational levels. To examine the complexity of IS adoption, we undertook an interpretive case study of SBR adoption in Australia. We contend that SBR’s context in Australia offers distinctive perspectives on the complexity of IS adoption. We found that IS adoption decisions can be based on both constructivist and ecological rationalities. Our findings can provide insight in improving understanding of the benefits of SBR and have implications for companies, regulators, standard setters, and the accounting profession, more generally.

Early Evidence on the XBRL Adoption Process in Malaysia: Drivers and Challenges on the Technological Perspective

“…However, this would be a challenge for XBRL adoption if there is a lack of tools and software in the market (Troshani & Doolin, 2005;Troshani & Rao, 2007;David, 2016). Not surprisingly happened in Australia when Perdana et al (2018) when there is a lack of companies that provide accounting software that embedded with XBRL taxonomy for filers particularly for small companies. But in Malaysia, we have problems for small and medium-sized companies.…”

“…Since Malaysia is still new in the field of XBRL development, there is a lack of tools and software for filers, which could pose a challenge for XBRL adoption. With this lack of tools and software, there is a need to regulator to ensure the availability of appropriate tools and software in the market to facilitate the adoption of XBRL (Perdana et al, 2018).…”

Examining XBRL Adoption Process of Four Regulators using the Diffusion of Innovation Theory on Organisational Context: A Malaysian Evidence

“…Compare with Alkhatib, Ojala, and Collis (2019) in UK scenario has found the high cost of preparation of XBRL submission among filers from small companies that use commercial filing software and consequently consider the software and set-up costs of digital reporting. While in Australia, Perdana, Robb, Rohde, and Birt (2018) has suggested that the cost of regulatory and business reporting will reduce due to the XBRL submission. Thus, this can indicate that the cost of preparation and submission by filers has shown differently among different countries and method of XBRL submission.…”