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Feasibility of adopting an Extensible business reporting language: the perspective of financial employees in holding companies

    Authors

    • Mohammadreza Mehrabanpour 1
    • Ali Rahmani 2
    • Farhad Mirblouk 3

    1 Assistant Professor, Department of Accounting and Finance, Faculty of Management and Accounting, Farabi campus, University of Tehran, Qom, Iran.

    2 Professor, Department of Accounting, Faculty of Social and Economic Sciences, Al-Zahra University (S), Tehran, Iran.

    3 PhD Candidate in Accounting, Faculty of Management and Accounting, Kish Campus, University of Tehran, Kish, Iran

,

Document Type : Research Paper

10.30479/jfak.2024.19629.3145
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Abstract

Purpose: The purpose of the present research is the feasibility of adopting the expandable business reporting language in holding companies from the perspective of financial staff to improve financial reporting in Iran.
Method: First by examining the background of the research by metasynthesis method and by using the three-part model of technology, organization and environment in order to identify the effective indicators on each of the elements of the feasibility of adopting an expandable business reporting language, a list of influential and important indicators in Each of the technological, organizational and environmental dimensions is determined. After the initial classification, a spectrum questionnaire for the feasibility of adopting the extensible business reporting language with the fuzzy Delphi method among the three main pillars of the extensible business reporting language, using the fuzzy Dimetal technique to achieve a more detailed analysis in investigating the cause and relationship A link between each of the pillars that experts and specialists have completed.
Results: The feasibility of adopting a developing business reporting language from the perspective of financial staff in holding companies was done using the three-part technological, organizational and environmental model.
Conclusion: Finally, the analysis showed that, from the technological aspect, it is possible to use an expandable commercial reporting language in holding companies, and from the organizational aspect, the benefits of saving time and increasing the speed of work for the holding companies, and from the benefit aspect - The cost is useful for the organization and finally, from the environmental aspect, it is an advantage factor in the leading holding companies.
Contribution: Expandable commercial reporting language is a new technology for transparent exchange of financial and commercial reporting data, which can lead to reduction of agency costs and improved decision making of information users worldwide with a common language and specific format.
 

Keywords

  • Commercial Extensible Reporting Language
  • Holding Companies
  • Fuzzy Delphi
  • Three-Part Model of Technology
  • Organization and Environment

Main Subjects

  • Financial Accounting
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References
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Financial Accounting Knowledge
Volume 11, Issue 1 - Serial Number 40
April 2024
Pages 31-61
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  • Article View: 323
  • PDF Download: 484

APA

Mehrabanpour, M. , Rahmani, A. and Mirblouk, F. (2024). Feasibility of adopting an Extensible business reporting language: the perspective of financial employees in holding companies. Financial Accounting Knowledge, 11(1), 31-61. doi: 10.30479/jfak.2024.19629.3145

MLA

Mehrabanpour, M. , , Rahmani, A. , and Mirblouk, F. . "Feasibility of adopting an Extensible business reporting language: the perspective of financial employees in holding companies", Financial Accounting Knowledge, 11, 1, 2024, 31-61. doi: 10.30479/jfak.2024.19629.3145

HARVARD

Mehrabanpour, M., Rahmani, A., Mirblouk, F. (2024). 'Feasibility of adopting an Extensible business reporting language: the perspective of financial employees in holding companies', Financial Accounting Knowledge, 11(1), pp. 31-61. doi: 10.30479/jfak.2024.19629.3145

CHICAGO

M. Mehrabanpour , A. Rahmani and F. Mirblouk, "Feasibility of adopting an Extensible business reporting language: the perspective of financial employees in holding companies," Financial Accounting Knowledge, 11 1 (2024): 31-61, doi: 10.30479/jfak.2024.19629.3145

VANCOUVER

Mehrabanpour, M., Rahmani, A., Mirblouk, F. Feasibility of adopting an Extensible business reporting language: the perspective of financial employees in holding companies. Financial Accounting Knowledge, 2024; 11(1): 31-61. doi: 10.30479/jfak.2024.19629.3145

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