Contracting Incentives, XBRL Adoption, and Accounting Conservatism: Empirical Evidence in a European Context

IF 1.2 Q3 BUSINESS, FINANCE

Journal of Corporate Accounting and Finance Pub Date : 2025-01-28 DOI:10.1002/jcaf.22779

Ilhan Dalci, Omar Fikrat Fateh Tarzibash, Hasan Ozyapici

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引用次数: 0

Abstract

This study aims to explore how XBRL adoption affects conditional conservatism and moderates the financial leverage and conditional conservatism relationship. Using the financial data between 2000 and 2022 for 332 listed firms in Belgium, Spain, and Denmark, the empirical results, first, demonstrate that financial leverage positively influences conditional conservatism. The results also reveal that XBRL adoption has a negative impact on conditional conservatism and negatively moderates the positive effect of financial leverage on conditional conservatism. The results overall imply that XBRL adoption reduces the impact of contracting incentives on conditional conservatism. In this regard, the results suggest that XBRL adoption substitutes for the contractual role of conditional conservatism. The results contribute to the ongoing discussion regarding the influence of technological developments on financial reporting systems, and they are expected to have important implications for managers, potential investors, creditors, and regulators.

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合同激励、XBRL采用和会计稳健性：欧洲背景下的经验证据

本研究旨在探讨采用XBRL如何影响条件保守主义，并调节财务杠杆与条件保守主义的关系。利用2000 - 2022年比利时、西班牙和丹麦332家上市公司的财务数据，实证结果表明：首先，财务杠杆正影响条件保守主义。采用XBRL对条件保守性有负向影响，并负向调节财务杠杆对条件保守性的正向影响。结果表明，采用XBRL降低了契约激励对条件保守性的影响。在这方面，结果表明XBRL的采用替代了条件保守主义的契约作用。这些结果有助于正在进行的关于技术发展对财务报告系统影响的讨论，预计它们将对管理者、潜在投资者、债权人和监管机构产生重要影响。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of Corporate Accounting and Finance BUSINESS, FINANCE-

CiteScore

2.30

自引率

7.10%

发文量