Staff View
The Effect of First Wave Mandatory XBRL Reporting across the Financial Information Environment

Descriptive

TypeOfResource
Text
TitleInfo
Title
The Effect of First Wave Mandatory XBRL Reporting across the Financial Information Environment
Name (type = personal)
NamePart (type = family)
Kim
NamePart (type = given)
Joung W.
Affiliation
Nova Southeastern University
Role
RoleTerm (authority = marcrt); (type = text)
author
Name (type = personal)
NamePart (type = family)
Lim
NamePart (type = given)
Jee-Hae
Affiliation
University of Waterloo
Role
RoleTerm (authority = marcrt); (type = text)
author
Name (type = personal)
NamePart (type = family)
No
NamePart (type = given)
Won G.
Affiliation
Iowa State University
Role
RoleTerm (authority = marcrt); (type = text)
author
Name (authority = RutgersOrg-Department); (type = corporate)
NamePart
Accounting & Information Systems
Name (authority = RutgersOrg-School); (type = corporate)
NamePart
Rutgers Business School-Newark and New Brunswick (RBS)
Genre (authority = RULIB-FS)
Article, Refereed
Genre (authority = NISO JAV)
Version of Record (VoR)
Note (type = peerReview)
Peer reviewed
OriginInfo
DateIssued (encoding = w3cdtf); (keyDate = yes); (qualifier = exact)
2012
Abstract (type = Abstract)
This study examines the effect of mandatory XBRL disclosure across various aspects of the financial information environment. Our findings show an increase in information efficiency, a decrease in event return volatility, and a reduction of change in stock returns volatility for 428 firms (1,536 10-K and 10-Q filings) post-XBRL disclosure. In addition, this study shows that XBRL mitigates information risk in the market, especially when there is increased uncertainty in the information environment. Our results are robust to various alternative specifications and research modifications, such as a matched-pair control (326 XBRL versus 326 non-XBRL firms), current stock market condition, potential earnings releases, and corporate governance.This study contributes to the literature by systematically documenting evidence of how mandatory XBRL disclosure decreases information risk and information asymmetry in both general and uncertain information environments. Our evidence could potentially assist the SEC in their effort to expeditiously assess the benefits of XBRL.
Language
LanguageTerm (authority = ISO 639-3:2007); (type = text)
English
PhysicalDescription
InternetMediaType
application/pdf
Extent
27 p.
Subject (authority = local)
Topic
XBRL (eXtensible Business Reporting Language)
Subject (authority = local)
Topic
Interactive data
Subject (authority = local)
Topic
Information risk
Subject (authority = local)
Topic
Information asymmetry
Subject (authority = local)
Topic
Information uncertainty
Subject (authority = local)
Topic
Capital markets
Extension
DescriptiveEvent
Type
Citation
DateTime (encoding = w3cdtf)
2012
AssociatedObject
Name
Journal of Information Systems
Type
Journal
Relationship
Has part
Detail
127-153
Identifier (type = volume and issue)
26(1)
Reference (type = url)
http://dx.doi.org/10.2308/isys-10260
RelatedItem (type = has document)
TitleInfo
Title
No, Won G.-permission from American Accounting Association
Identifier (type = doi)
10.7282/T3FR00MS
RelatedItem (type = host)
TitleInfo
Title
No, Won G.
Identifier (type = local)
rucore30220100001
Location
PhysicalLocation (authority = marcorg); (displayLabel = Rutgers, The State University of New Jersey)
NjNbRU
Identifier (type = doi)
doi:10.7282/T3ZG6VJD
Back to the top

Rights

RightsDeclaration (AUTHORITY = FS); (ID = rulibRdec0004)
Copyright for scholarly resources published in RUcore is retained by the copyright holder. By virtue of its appearance in this open access medium, you are free to use this resource, with proper attribution, in educational and other non-commercial settings. Other uses, such as reproduction or republication, may require the permission of the copyright holder.
Copyright
Status
Copyright protected
Availability
Status
Open
Reason
Permission or license
RightsEvent
Type
Permission or license
AssociatedObject
Type
License
Name
Multiple author license v. 1
Detail
I hereby grant to Rutgers, The State University of New Jersey (Rutgers) the non-exclusive right to retain, reproduce, and distribute the deposited work (Work) in whole or in part, in and from its electronic format, without fee. This agreement does not represent a transfer of copyright to Rutgers.Rutgers may make and keep more than one copy of the Work for purposes of security, backup, preservation, and access and may migrate the Work to any medium or format for the purpose of preservation and access in the future. Rutgers will not make any alteration, other than as allowed by this agreement, to the Work.I represent and warrant to Rutgers that the Work is my original work. I also represent that the Work does not, to the best of my knowledge, infringe or violate any rights of others.I further represent and warrant that I have obtained all necessary rights to permit Rutgers to reproduce and distribute the Work and that any third-party owned content is clearly identified and acknowledged within the Work.By granting this license, I acknowledge that I have read and agreed to the terms of this agreement and all related RUcore and Rutgers policies.
RightsEvent
Type
Permission or license request response
DateTime (encoding = w3cdtf)
2017-01-04
AssociatedEntity
Role
Director, Publications & Content Strategy
Name
Susan Rockwell
Affiliation
American Accounting Association
AssociatedObject
Type
Permission response
Name
No, Won G.-permission from American Accounting Association
Reference (type = digital)
10.7282/T3FR00MS
Back to the top

Technical

RULTechMD (ID = TECHNICAL1)
ContentModel
Document
CreatingApplication
Version
1.6
DateCreated (point = end); (encoding = w3cdtf); (qualifier = exact)
2012-06-25T17:13:30
DateCreated (point = end); (encoding = w3cdtf); (qualifier = exact)
2016-12-14T17:42:47
ApplicationName
Acrobat Distiller 7.0.5 (Windows)
Back to the top
Version 8.3.10
Rutgers University Libraries - Copyright ©2019