Proceedings of the 3rd International Conference on Economics, Business and Economic Education Science, ICE-BEES 2020, 22-23 July 2020, Semarang, Indonesia

Research Article

Analysis of Non-Professional Investor's Intention to Use XBRL-based Financial Statements Using Social Influence and Effort Expectancy Variables from the Unified Theory of Acceptance and Use of Technology (UTAUT) Model

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  • @INPROCEEDINGS{10.4108/eai.22-7-2020.2307934,
        author={Satsya Yoga Baswara and Agung  Yulianto and Heru  Junarto and Ferlia Galuh Puspita},
        title={Analysis of Non-Professional Investor's Intention to Use XBRL-based Financial Statements Using Social Influence and Effort Expectancy Variables from the Unified Theory of Acceptance and Use of Technology (UTAUT) Model},
        proceedings={Proceedings of the 3rd International Conference on Economics, Business and Economic Education Science, ICE-BEES 2020, 22-23 July 2020, Semarang, Indonesia},
        publisher={EAI},
        proceedings_a={ICE-BEES},
        year={2021},
        month={5},
        keywords={xbrl non-professional investor social influences effort expectancy},
        doi={10.4108/eai.22-7-2020.2307934}
    }
    
  • Satsya Yoga Baswara
    Agung Yulianto
    Heru Junarto
    Ferlia Galuh Puspita
    Year: 2021
    Analysis of Non-Professional Investor's Intention to Use XBRL-based Financial Statements Using Social Influence and Effort Expectancy Variables from the Unified Theory of Acceptance and Use of Technology (UTAUT) Model
    ICE-BEES
    EAI
    DOI: 10.4108/eai.22-7-2020.2307934
Satsya Yoga Baswara1,*, Agung Yulianto1, Heru Junarto1, Ferlia Galuh Puspita1
  • 1: Universitas Negeri Semarang, Indonesia
*Contact email: satsya.yoga@mail.unnes.ac.id

Abstract

This research aimed to examine non-professional investors' behavior who are confronted with presenting financial statements using XBRL. We try to apply two variables from the unified theory of acceptance and use of technology (UTAUT) model (Social Influence and Effort Expectancy). As we know lately, the current global economic condition, the internet, and derivative products, and other products that use computing technology continue to evolve. The one with rapid progress is applying any kind of technology like XBRL in the presentation of financial statements. It is hoped that globally, the XBRL implementation can be mandatory. XBRL can reduce the cost of capital and information asymmetry in the capital market. It is more easily processed or analyzed, and allowing better decision making also enhances financial information transparency. It will enable users to integrate data from various locations in the financial statements. However, there is a problem due to the nature of productivity of information technology itself. Each new technology will require a sufficient amount of time to be implemented effectively and certainly without forgetting the general obstacles that may occur according to each country's character.