Initial evidence on the market impact of the XBRL mandate

Keyphrases

• Information Asymmetry 100%
• Market Impact 100%
• Sophisticated Investors 100%
• Intended Purpose 50%
• Liquidity 50%
• Adverse Selection 50%
• Data Aggregation 50%
• Financial Statements 50%
• Large Shareholders 50%
• Bid-ask Spread 50%
• Playing Field 50%
• Smallholders 50%
• Informational Barriers 50%
• EXtensible Business Reporting Language 50%
• Mandatory Adoption 50%
• Difference-in-differences Design 50%
• Abnormal Trading Volume 50%
• Investor Information 50%

Economics, Econometrics and Finance

• Investors 100%
• Information Asymmetry 40%
• Trading Volume 20%
• Difference-In-Differences 20%
• Financial Statement 20%
• Bid-Ask Spread 20%