Saiful Azam, Saiful Azam
(2014)
Perceived Environmental Factors And The
Intention To Adopt A Standard Business
Reporting Facility: A Survey Of Australian
Corporate Cfos.
Asian Academy of Management Journal of Accounting and Finance, 10 (2).
pp. 1-27.
ISSN 1823-4992
Abstract
The Australian government's extensible business reporting language (XBRL)-derived
reporting facility, called Standard Business Reporting (SBR), went 'live' to companies in
2010. Its voluntary take-up by companies has been poor following a promotion that
emphasised its technological benefits. This study seeks to identify a set of perceived
environmental factors and examine how these factors influence managerial intention to
adopt SBR. A survey instrument is developed to measure the extent of the competitive
pressure, government pressure and external communication perceived by the Chief
Financial Officers (CFOs) of listed companies as influences on their firms' intention to
adopt SBR. Based on 54 usable responses by CFOs of relatively large listed companies,
the survey results reveal that, contrary to the expectation, no significant association
exists between perceived competitiveness in the industry and the intention to adopt SBR.
However, CFOs regard becoming a leader or an early follower as a significant
consideration influencing their firms' intentions to adopt SBR. As the paper reports,
CFOs believe that they do not have adequate information about SBR from external
sources. Communication about SBR is found to be significantly related to the intention to
adopt SBR. Interestingly, government pressure is not found to relate to the intention to
adopt SBR. Implications of these environmental influences for the successful voluntary
take-up of SBR in Australia are discussed.
Actions (login required)
 |
View Item |
![[img]](http://eprints.usm.my/style/images/fileicons/application_pdf.png)
