Skip to main content
SpringerLink
Log in

Human Factors Affecting XBRL Adoption Success in Lebanese Small to Medium-Sized Enterprises

  • Conference paper
  • First Online:
Big Data and Security (ICBDS 2019)

Part of the book series: Communications in Computer and Information Science ((CCIS,volume 1210))

Included in the following conference series:

  • 1203 Accesses

Abstract

Firms use Extensible Business Reporting Language (XBRL), as a component of accounting information systems, to define and facilitate the exchange of sensitive and confidential big financial data, namely, financial reports of use to shareholders, stakeholders, competitors and public users. However, still, many companies have not, yet, successfully adopted XBRL despite its foreseen competitive advantages. Different factors affect the successful adoption of XBRL. The human factor, as a component of organizational culture, is deemed to impact the successful adoption of XBRL. Based on an in-depth literature review, and analysis of surveys collected from 78 small to medium-sized firms in Lebanon, using variance-based structural equation model analysis, the impact of human factors on XBRL successful adoption is defined. Results identified the impact of human factors impact on the successful adoption of XBRL by firms seeking to adopt the lateral mandatory financial reporting standards.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Log in via an institution
Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 39.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 54.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  • Alturaigi, N.S., Altameem, A.A.: Critical success factors for m-commerce in Saudi Arabia’s private sector: a multiple case study analysis. Int. J. Inf. Tech. Converg. Serv. 5(6), 01–10 (2015)

    Google Scholar 

  • Antônio, G., Luciano, N., Marco, B., Claudio, P.: Factors that influence the adoption and implementation of public digital accounting according 195 to the evaluation by managers of Brazilian companies. J. Inf. Syst. Technol. Manag. (2016)

    Google Scholar 

  • Bagozzi, R.P., Yi, Y.: On the evaluation of structural equation models. J. Acad. Mark. Sci. 16(1), 74–94 (1988). https://doi.org/10.1007/BF02723327

    Article  Google Scholar 

  • Batcha, M., Akbar, J., Subramani, A.K., Julie L.: Exploring the impact of organization culture on employees’ work performance using structural equation modeling (SEM) approach. Int. J. Appl. Bus. Econ. Res. (2017)

    Google Scholar 

  • Doolin, B., Troshani, I.: Organizational adoption of XBRL. Electron. Mark. 17(3), 199 (2007)

    Article  Google Scholar 

  • Bonson, E., Cortijo, V., Escobar, T.: A Delphi investigation to explain the voluntary adoption of XBRL. Int. J. Digit. Account. Res. 9(1), 193–205 (2009)

    Google Scholar 

  • Castro, E., Santos, I., Velasco, M.: XBRL formula specification in the multidimensional data model. Inf. Syst. 57, 20–37 (2015)

    Google Scholar 

  • Cohen, J.: Statistical Power Analysis for the Behavioral Sciences. Lawrence Erlbaum Associates Inc, Hillsdale (1988)

    MATH  Google Scholar 

  • Enachi, M., Andone, I.I.: The progress of XBRL in Europe – projects, users and prospects. Procedia Econo. Finance 20, 185–192 (2015)

    Article  Google Scholar 

  • Fornell, C., Larcker, D.F.: Evaluating structural equation models with unobservable variables and measurement error. J. Mark. Res. 18(1), 39–50 (1981)

    Article  Google Scholar 

  • Gefen, D., Straub, D.: The relative importance of perceived ease-of use in is adoption: a study of e-commerce adoption. JAIS (2000, forthcoming)

    Google Scholar 

  • Henderson, D.L., Sheetz, S.D., Trinkle, B.S.: Understanding the intention to adopt XBRL: an environmental perspective. J. Emerg. Technol. Acc. 8, 7–30 (2011)

    Article  Google Scholar 

  • Henderson, D., Sheetz, S.D., Trinkle, B.S.: The determinants of inter-organizational and internal in-house adoption of XBRL: a structural equation model. Int. J. Acc. Inf. Syst. 13(2), 109–140 (2012)

    Article  Google Scholar 

  • Hulland, J.: Use of partial least squares (PLS) in strategic management research: a review of four recent studies. Strateg. Manag. J. 20(2), 195–204 (1999)

    Article  Google Scholar 

  • Liu, C.: XBRL: a new global paradigm for business financial reporting. J. Global Inf. Manag. 21(3), 1–26 (2013)

    Article  Google Scholar 

  • Liu, C., Wang, T., Yao, L.J.: XBRL’s impact on analyst forecast behaviour: an empirical study. J. Account. Public Policy 1(1), 10–104 (2013). https://doi.org/10.1016/j.jaccpubpol.2013.10.004

    Article  Google Scholar 

  • Martins, M.F., Oliveira, T.: Literature review of information technology adoption models at firm level. Electron. J. Inf. Syst. Eval. 14(1), 110–121 (2011)

    Google Scholar 

  • Nair, H., Wong, D., Fouladynezhad, N., Yusof, N.: Big data: ethical, social and political issues in the telecommunication industry. Open Int. J. Inf. 6(1), 18–27 (2018)

    Google Scholar 

  • Nunnally, J.C.: Psychometric Theory, 2nd edn. McGraw-Hill, New York (1978)

    Google Scholar 

  • Ogundeji, G.M., Oluwakayode, E., Tijan, O.M.: Critical factors of XBRL adoption in nigeria: a case for semantic model-based digital financial reporting. Comput. Sci. Inf. Technol. 2, 45–54 (2014)

    Google Scholar 

  • Pinsker, R., Li, S.: Costs and benefits of XBRL adoption: early evidence. Commun. ACM 51(3), 47–50 (2008)

    Article  Google Scholar 

  • Pinsker, R.: XBRL awareness in auditing: a sleeping giant? Manag. Audit. J. 18(9), 732–736 (2003)

    Article  Google Scholar 

  • Rinku, D., Jyoti, M., Dr. Puri, M.M.: Exploring technology acceptance theories and models - a comparative analysis. In: International Conference (Special Issue) (2015)

    Google Scholar 

  • Suwardi, A., Tohang, V.: An analysis of XBRL adoption towards systemic risk of financial institutions listed in NYSE. Aust. Acc. Bus. Finance J. 11(4), 23–37 (2017)

    Google Scholar 

  • Troshani, I., Doolin, B.: Drivers and inhibitors impacting technology adoption: a qualitative investigation into the Australian experience with XBRL. In: 18th Bled e Conference e Integration in Action Bled, Slovenia, 6–8 June, pp. 1–16 (2005)

    Google Scholar 

  • Troshani, I., Rao, S.: Drivers and inhibitors to XBRL adoption: a qualitative approach to build a theory in under-researched areas. Int. J. E-Bus. Res. 3(4), 98–111 (2007)

    Article  Google Scholar 

  • Troshani, I.: Drivers and inhibitors impacting technology adoption: a qualitative investigation into the Australian experience with XBRL. Int. J. E-Bus. Res. 3(4), 98–111 (2005)

    Article  Google Scholar 

  • Utama, A.H., Ediraras, D.T.: Acceptance and implementation of extensible business reporting language in Indonesian companies: an empirical review. Gunadarma University (2004)

    Google Scholar 

  • Wahab, Z.A.: Integrating XBRL and BlockChain to improve corporate transparency integrity and availability in Malaysia. Int. J. Acad. Res. Bus. Soc. Sci. 9(6), 1194–1201 (2019)

    Google Scholar 

Download references

Author information

Authors and Affiliations

  1. School of Management, Faculty of Business and Law, Curtin University, Perth, WA, Australia

    A. Ayoub, Vidyasagar Potdar & A. Rudra

  2. Otago Business School, Department of Accountancy and Finance, Otago, New Zealand

    H. Luong

Authors
  1. A. Ayoub
    View author publications

    You can also search for this author in PubMed Google Scholar

  2. Vidyasagar Potdar
    View author publications

    You can also search for this author in PubMed Google Scholar

  3. A. Rudra
    View author publications

    You can also search for this author in PubMed Google Scholar

  4. H. Luong
    View author publications

    You can also search for this author in PubMed Google Scholar

Corresponding author

Correspondence to Vidyasagar Potdar .

Editor information

Editors and Affiliations

  1. Nanjing Institute of Technology, Nanjing, China

    Yuan Tian

  2. Nanjing University of Information Science and Technology, Nanjing, China

    Tinghuai Ma

  3. King Saud University, Riyadh, Saudi Arabia

    Muhammad Khurram Khan

Rights and permissions

Reprints and permissions

Copyright information

© 2020 Springer Nature Singapore Pte Ltd.

About this paper

Check for updates. Verify currency and authenticity via CrossMark

Cite this paper

Ayoub, A., Potdar, V., Rudra, A., Luong, H. (2020). Human Factors Affecting XBRL Adoption Success in Lebanese Small to Medium-Sized Enterprises. In: Tian, Y., Ma, T., Khan, M. (eds) Big Data and Security. ICBDS 2019. Communications in Computer and Information Science, vol 1210. Springer, Singapore. https://doi.org/10.1007/978-981-15-7530-3_8

Download citation

  • DOI: https://doi.org/10.1007/978-981-15-7530-3_8

  • Published:

  • Publisher Name: Springer, Singapore

  • Print ISBN: 978-981-15-7529-7

  • Online ISBN: 978-981-15-7530-3

  • eBook Packages: Computer ScienceComputer Science (R0)

Publish with us

Policies and ethics

Search

Navigation