An Analysis of the Impact of XBRL Filings Towards Information Asymmetry in Indonesia

Tohang, Valentina; Limijaya, Amelia; Chitrahadi, Marcus

doi:10.1109/icimtech50083.2020.9211114

Cited by 7 publications

(7 citation statements)

References 28 publications

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“…Furthermore, the XBRL adoption also did not affect reducing information asymmetry (Tohang et al, 2020), even it had a positive effect in increasing information asymmetry (Jayani et al, 2020). This can occur partly because the taxonomy used is still limited (includes items in financial statements only) (Zamroni and Aryani, 2018) and still in the early stage of adoption (Tohang et al, 2020).…”

Section: Research Theme 1: Xbrl's Impact On Businessmentioning

confidence: 90%

“…After observing each selected article by following the XBRL research theme classification guidelines provided by Perdana et al (2015) using XBRL research samples in the international sphere, the results of XBRL research theme classification in Indonesia generally have the same research theme cluster, i.e., i) The influence of XBRL on Business (see, e.g., Jayani et al, 2020;Junus and Irwanto, 2021;(Mahardika andHarahap, 2018) Mayapada, et al, 2020;Pamungkas and Kristanto, 2019;Prasetyo and Apandi, 2019;Saputro and Achjari, 2020;Tohang et al, 2020;Zamroni and Aryani, 2018); ii) Adoption of XBRL (see, e.g., Muchlis et al, 2019); iii) XBRL Engineering Development (see, e.g., Wijanarko and Moedjiono, 2015); and iv) XBRL education such as XBRL teaching and XBRL integration into the accounting curriculum (see, e.g., Wulandari and Ali, 2019;Pujisari and Biyanto, 2019). Table 4 explains the definition and scope of each theme.…”

Section: Stage Three: Research Topics/themesmentioning

confidence: 99%

“…The Indonesian Journal of Accounting Research -May, Vol. 24, No.2, 2021 the sub-cluster of the influence of XBRL in accounting and corporate governance, there is information related to earnings management, information asymmetry, financial information environment, and information risk (see, e.g., Mayapada et al, 2020;Pamungkas and Kristanto, 2019;Tohang et al, 2020;Zamroni and Aryani, 2018), on XBRL sub-cluster in auditing (see, e.g., Saputro and Achjari, 2020), and in the XBRL sub-cluster on the factors of decision-making or related to market reaction (see, e.g., Jayani et al, 2020;Junus and Irwanto, 2021).…”

Section: Xbrl's Educationmentioning

confidence: 99%

“…In Indonesia, at the beginning of the implementation of XBRL, evidence was found that XBRL had not had a significant effect yet on improving the quality of the financial information environment (Zamroni and Aryani, 2018). Furthermore, the XBRL adoption also did not affect reducing information asymmetry (Tohang et al, 2020), even it had a positive effect in increasing information asymmetry (Jayani et al, 2020). This can occur partly because the taxonomy used is still limited (includes items in financial statements only) (Zamroni and Aryani, 2018) and still in the early stage of adoption (Tohang et al, 2020).…”

Section: Research Theme 1: Xbrl's Impact On Businessmentioning

confidence: 99%

See 3 more Smart Citations

A Decade of XBRL Research in Accounting in Indonesia: A Literature Study

Saragih

Soraya

Hendrawan

2021

The Indonesian Journal of Accounting Research

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XBRL research in Indonesia has only begun to show its existence after a decade of the presence of this technology, which is around 2010. This phenomenon in Indonesia has motivated the researchers to look at the history of the development of XBRL research as a sub-area of Accounting in Indonesia in bibliographic form for over one decade. The researchers are making an effort to describe the development of XBRL research in Indonesia and review the possible potential for XBRL research in Indonesia in the future. The method used is a literature review on published articles indexed in Scopus and Sinta. Based on the 21 articles selected, XBRL research topics in Indonesia are divided into four areas, i.e., its influence on business, adoption, technology development, and XBRL education. Based on the review results, XBRL research in Indonesia is still limited in using empirical research with quantitative methods. This study could be a relevant illustration of how adopting the XBRL format is implemented in developing countries like Indonesia. This comprehensive literature review could enrich the knowledge and inspire other developing countries, which may be at the same stage as Indonesia, to adopt this technology in the business environment.

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Section: Research Theme 1: Xbrl's Impact On Businessmentioning

confidence: 90%

Section: Stage Three: Research Topics/themesmentioning

confidence: 99%

Section: Xbrl's Educationmentioning

confidence: 99%

Section: Research Theme 1: Xbrl's Impact On Businessmentioning

confidence: 99%

See 2 more Smart Citations

A Decade of XBRL Research in Accounting in Indonesia: A Literature Study

Saragih

Soraya

Hendrawan

2021

The Indonesian Journal of Accounting Research

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“…Namun ternyata, penelitian serupa yang dilakukan di negara Eropa memperoleh hasil yang berbeda dimana adopsi XBRL ini dapat meningkatkan likuiditas yang kemudian berbanding terbalik dengan asimetri informasi yang berkurang. Ada juga penelitian yang memperoleh hasil bahwa XBRL tidak berpengaruh terhadap asimetri informasi yaitu yang dilakukan oleh Sari & Setiawan (2021) dengan menggunakan perusahaan manufaktur sebagai populasi penelitian, serta penelitian milik Tohang et al (2020) menunjukkan hasil serupa. Tidak adanya pengaruh dari adopsi XBRL tersebut terhadap asimetri informasi diduga karena Indonesia masih pada tahap awal penerapan XBRL.…”

Section: Pendahuluanunclassified

Adopsi Extensible Business Reporting Language dan Asimetri Informasi

Jananti,

Wirakusuma,

Sisdyani

2023

E-Jurnal Akuntansi

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The research objective is to verify the effect of the adoption of Extensible Business Reporting Language (XBRL) on information asymmetry in companies listed on the IDX. The sample was selected using a purposive sampling technique which was then analyzed using multiple linear regression. The research sample consisted of 329 companies with a total sample of 1,974 companies being observed. The results of this study show that the adoption of XBRL has a positive effect on information asymmetry. Firm size and turnover ratio control variables were found to have a negative effect on information asymmetry. The research results have implications for the gap in information distribution and technology acceptance between large and small investors. XBRL can help reduce data aggregation costs, but investors must then understand how to derive the informational benefits of new data. Therefore, investors must weigh the costs of data aggregation against the benefits when deciding whether to use new technologies that are voluntary or mandatory.Keywords: Extensible Business Reporting Language; Information Asymmetry; Bid Ask Spread.

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