000			01590nab a2200241Ia 4500
003			PILC
005			20221123182307.0
008			150824s9999 xx 000 0 und d
040			_cMANILA TYTANA COLLEGES LIBRARY
100			_aHao, Lizhong.
245	1	4	_aThe market impact of mandatory interactive data : _bevidence from bank regulatory XBRL filings / _cLizhong Hao, Mark J. Kohlbeck
260			_c2013.
336			_atxt
337			_aunmediated
338			_bvolumes
440			_aJournal of Emerging Technologies in Accounting _n10, page 41-62
520			_aWe investigate the market impact of banks filing regulatory reports using eXtensible Business Reporting Language (XBRL) interactive data format. Specifically, we examine whether stock returns and trading volume exhibit abnormal behavior when banks are first required to file Call Reports in XBRL format and whether XBRL adoption causes a shift in systematic risk. We find that banks experienced significant positive abnormal returns and a subsequent reduction in systematic risk in connection with filing their regulatory reports in XBRL. Our results are more pronounced for larger banks. Our trading volume analysis provides additional support of increases in trading volume (primarily with respect to larger banks) at the time of XBRL adoption. We, therefore, document investor-based benefits in support of the conversion to mandatory XBRL filing requirements.
521			_aAccountancy.
650			_aXBRL (Document markup language).
700			_aKohlbeck, Mark J.
942			_cA _2lcc
998			_c80628 _d138991
999			_c77629 _d77629