XBRL: The Direction of E-Governance in the Capital Markets

View Sample PDF

Author(s): Mary M. Oxner (St. Francis Xavier University, Canada), Ken MacAulay (St. Francis Xavier University, Canada)and Gerald Trites (Zorba Research Inc., Canada)
Copyright: 2012
Pages: 12
Source title: E-Government Service Maturity and Development: Cultural, Organizational and Technological Perspectives
Source Author(s)/Editor(s): Mahmud Akhter Shareef (McMaster University, Canada), Norm Archer (McMaster University, Canada)and Shantanu Dutta (University of Ontario Institute of Technology, Canada)
DOI: 10.4018/978-1-60960-848-4.ch007

Keywords: Electronic Government / Government & Law / Information Science Reference

Purchase

View XBRL: The Direction of E-Governance in the Capital Markets on the publisher's website for pricing and purchasing information.

Abstract

XBRL is a language that allows for the electronic communication of business information. In XBRL, tags are attached to items of information allowing that information to be exchanged and processed electronically. The architecture of XBRL facilitates more efficient electronic dissemination of information than does the traditional Web-based or PDF formats. The result is the potential for improved availability and accessibility of financial information and increased transparency. In effect, XBRL has the potential to improve electronic governance. For that potential to be realized, several challenges must be addressed. Concerns exist regarding data integrity, the costs of implementation, the training of employees, and the updating of XBRL taxonomies. Given both its potential and the limited number of studies on XBRL, more research is needed on XBRL implementation and use.

The IRMA Community

Research IRM

XBRL: The Direction of E-Governance in the Capital Markets

Purchase

Abstract

Related Content

IRMA Sponsors