Improving the Decision-Making Process and Transparency of Corporate Governance Using XBRL

Several recent studies have shown that the transparency of financial reporting have a significant influence on investor-s decisions. Thus, regulation authorities and professional organizations (IFAC) have emphasized the role of XBRL (eXtensible Business Reporting Language) and interactive data as a means of promoting transparency and monitoring corporate reporting. In this context, this paper has as objective the analysis of interactive reporting through XBRL and its use as a support in the process of taking decisions in corporate governance, namely the potential of interactive reports in XBRL to increase the transparency and monitoring process of corporate governance.

Authors:

• Claudiu Brandas

Keywords:

• Corporate Governance
• decision
• financial reporting
• transparency
• XBRL.

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