Abstract
The aim of this study is to investigate the effect of the use of Extensible Business Reporting Language. the present study seeks to answer whether the use of Extensible Business Reporting Language leads to a reduction in information asymmetry? . in this regard, Extensible Business Reporting Language as a new information technology can improve the process of education and transparency of financial information. the main aim of this research is to study the research that has been conducted so far in iran that qualitative research is conducted and quantitative research is conducted. the results of the study are expected to contribute to understanding the moderating factors of information asymmetry. on this basis, a sample of 158 companies were selected and tested for an eight - year period (2009-2016). the research method is applied in terms of objective purpose and in terms of investigating the variables of variables, and in order to analyze the data from multiple regression based on panel data. the results show that there is a significant negative relationship between the use of Extensible Business Reporting Language and information asymmetry. therefore, it can be claimed that the use of Extensible Business Reporting Language leads to a reduction in information asymmetry.
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