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

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.

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.

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.

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.