The impact of XBRL on information asymmetry: evidence from loan contracting

Chong, Dazhi; Shi, Hui; Fu, Liuliu; Ji, Hao; Yan, Gongjun

doi:10.1080/23270012.2017.1299047

Cited by 15 publications

(10 citation statements)

References 23 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…(iii) and enhances forecast accuracy (Henselmann, Ditter, & Scherr, 2015) In addition, Yoon et al, (2011) pointed out that disclosure was upgraded and information asymmetry was reduced by Korean companies after mandatory adoption of XBRL. Likely, XBRL upgraded the accounting data usage and access , and the cost of bank loans were reduced (Chong, 2016). XBRL also provides auditors sufficient skills for doing online auditing (Rezaee, Elam & Sharbatoghlie, 2001; Zhao, Yen, & Chang 2004).…”

Section: Literature Reviewmentioning

confidence: 99%

Exploring User Perception of XBRL Adoption and Its Impact on Accounting Data in the Saudi Context

Bajaher¹

2023

Electron. J. Univ. Aden Hum. Social Sci.

View full text Add to dashboard Cite

This study aims to investigate the impact of XBRL adoption on accounting data in the Saudi context by examining the perceptions of accounting data users. The main objective of this research is to determine the extent to which users agree on the effect of XBRL implementation on accounting data. The research findings demonstrate that the use of XBRL improves the quality of accounting data and the efficiency of the accounting cycle. The Kruskal Wallis test does not show significant variations in users' perceptions about the effect of XBRL on accounting information. The respondents confirm that XBRL provides additional accessible accounting information. Moreover, the study reveals that accounting data users in the Saudi context believe that XBRL adoption influences the users of financial reports. While users had differing opinions on the cost-effectiveness of accounting analysis, they agreed that XBRL enables continuous auditing and enhances internal controls. Additionally, the Kruskal Wallis test does not reveal any significant variations in users' perceptions regarding the impact of XBRL on audit. Overall, the research indicates that the adoption of XBRL has a positive influence on accounting data and its utilization in the Saudi context.

show abstract

Section: Literature Reviewmentioning

confidence: 99%

Exploring User Perception of XBRL Adoption and Its Impact on Accounting Data in the Saudi Context

Bajaher¹

2023

Electron. J. Univ. Aden Hum. Social Sci.

View full text Add to dashboard Cite

show abstract

“…Literature on XBRL studies has been rapidly growing in recent years. A large number of studies have examined the association between XBRL adoption and financial information, such as financial reporting quality (Hsieh and Bedard, 2018), timeliness of financial reporting (Du and Wu, 2018), understandability and comparability (Walton et al, 2020), information asymmetry (Chong et al, 2017) and earnings management (Kim et al, 2019).…”

Section: Empirical Evidence From Indonesiamentioning

confidence: 99%

The role of XBRL adoption on the association between managerial ability and corporate tax outcomes: empirical evidence from Indonesia

Saragih

Ali²

2022

JAAR

View full text Add to dashboard Cite

Purpose This study examines the moderating effect of XBRL mandatory adoption on the association between managerial ability and corporate tax outcomes.Design/methodology/approach This study used a quantitative method with panel data regression models using a sample of listed firms on the Indonesia Stock Exchange from 2010 to 2019.Findings The regression results indicate that XBRL adoption moderates the relationship between managerial ability on tax avoidance and tax risk. Firms with higher managerial ability have relatively greater tax avoidance practices and lower tax risk following XBRL adoption. In this study, the authors document unfavorable and unexpected consequences of XBRL in an emerging country.Research limitations/implications Results are from a sample of firms from one emerging country.Practical implications It becomes important and necessary to develop more and better taxonomies with standardized extensions related to taxes information in the XBRL financial reporting to support the tax administrator’s performance in assessing firms’ tax avoidance and tax risk. The authors underscore the importance of improving taxes tags, including tags from financial statements and the disclosure section. This study may also inform policymakers in other countries that more adequate tax tags are needed to leverage benefit from XBRL adoption in monitoring and assessing corporate tax avoidance and tax risk.Originality/value This study is among the first to test an explanation for the moderating role of XBRL adoption on the association between managerial ability and corporate tax avoidance and tax risk.

show abstract

“…Traditional electronic formats often have restricted functionality and will indicate copying and pasting errors. This issue can be remedied by utilizing the Extensible Business Reporting Language (XBRL) format, an open standard language (Hoffman, 2006;Uyob et al, 2022;Bai et al, 2014;Chong et al, 2017;Liu et al, 2017). Many countries such as the United Kingdom, the United States, Denmark, Germany, Peru, Japan, Spain, Singapore, South Korea, and Chile employ XBRL in their filing submission systems for business registration and attracting potential business investors and financial experts from around the world (XBRL International, 2021).…”

Section: Introductionmentioning

confidence: 99%

Untitled

2023

Foresight and STI Governance

View full text Add to dashboard Cite

It publishes original research articles, offering new theoretical insights and practice-oriented knowledge in important areas of strategic planning and the creation of science, technology, and innovation (STI) policy, and it examines possible and alternative futures in all human endeavors in order to make such insights available to the right person at the right time to ensure the right decision.The journal acts as a scientific forum, contributing to the interaction between researchers, policy makers, and other actors involved in innovation processes. It encompasses all facets of STI policy and the creation of technological, managerial, product, and social innovations. Foresight and STI Governance welcomes works from scholars based in all parts of the world.Topics covered include:• Foresight methodologies and best practices;• Long-term socioeconomic priorities for strategic planning and policy making;• Innovative strategies at the national, regional, sectoral, and corporate levels;• The development of National Innovation Systems;• The exploration of the innovation lifecycle from idea to market;• Technological trends, breakthroughs, and grand challenges;• Technological change and its implications for economy, policy-making, and society;• Corporate innovation management;• Human capital in STI; and many others.The target audience of the journal comprises research scholars, university professors, postgraduates, policy-makers, business people, the expert community, and others who are interested in S&T and innovation analyses, foresight studies, and policy issues. The journal is included into the 1st quartile (Q1) of the Scopus

show abstract

The impact of XBRL on information asymmetry: evidence from loan contracting

Cited by 15 publications

References 23 publications

Exploring User Perception of XBRL Adoption and Its Impact on Accounting Data in the Saudi Context

Exploring User Perception of XBRL Adoption and Its Impact on Accounting Data in the Saudi Context

The role of XBRL adoption on the association between managerial ability and corporate tax outcomes: empirical evidence from Indonesia

Untitled

Contact Info

Product

Resources

About