The impact of XBRL adoption in PR China
Research output: Journal Publications and Reviews › RGC 21 - Publication in refereed journal › peer-review
Author(s)
Related Research Unit(s)
Detail(s)
| Original language | English |
|---|---|
| Pages (from-to) | 242-249 |
| Journal / Publication | Decision Support Systems |
| Volume | 59 |
| Online published | 14 Dec 2013 |
| Publication status | Published - Mar 2014 |
Link(s)
Abstract
EXtensible Business Reporting Language (XBRL) is expected to develop into the global data standard for business financial reporting with the potential to change the way that decisions are made. Thus, understanding its value realization in the proper business context is a vitally important issue. This study examines the impact of initial mandatory adoption of XBRL on organizations' cost of capital and transaction costs in PR China. As transaction cost theory predicts, the uncertainty related to the unproven technology increases transaction costs and the cost of capital during the early adoption period. Implications have immediate benefits for regulators, filing organizations, information consumers, the accounting profession, and other stakeholders.
Research Area(s)
- Business value of information technology, Cost of capital, Empirical studies, Transaction cost theory, XBRL (eXtensible Business Reporting Language)
Bibliographic Note
Full text of this publication does not contain sufficient affiliation information. Related Research Unit(s) information for this record is supplemented by the author(s) concerned.
Citation Format(s)
The impact of XBRL adoption in PR China. / Liu, Chunhui; Luo, Xin(Robert); Sia, Choon Ling et al.
In: Decision Support Systems, Vol. 59, 03.2014, p. 242-249.
In: Decision Support Systems, Vol. 59, 03.2014, p. 242-249.
Research output: Journal Publications and Reviews › RGC 21 - Publication in refereed journal › peer-review
