Nutz, AndreasStrauß, Markus2018-01-162018-01-1620022002https://dl.gi.de/handle/20.500.12116/12315The eXtensible Business Reporting Language, or XBRL, is a royalty-free language based on XML that provides for a standardization of method and content in the exchange of business information. XBRL aims to reduce inefficiencies in data exchange and analysis, coupled with an improved comparability of information.The first taxonomies based on XBRL have: •identified opportunities for significant improvement in the efficiency of data exchange and automated analysis.•shown that comparisons between and the compatibility of information within business reports have not improved due to XBRL.data analysisdata exchangeharmonization of accounting methods and regulations across international bordersXMLText/Journal Article1861-8936