Extensible Business Reporting Language Technology Adoption and Diffusion—A Tripartite Evolutionary Game Perspective

The adoption and diffusion level of eXtensible Business Reporting Language (XBRL) technology among listed enterprises is an important indicator the capital market‘s openness efficiency degree. In this study, we established evolutionary model between government, enterprises, institutional investors, analyzed path law model, conducted numerical simulations. simulations, discussed impact different parameters change on strategic choices three parties, results show that increasing government enforcement subsidies intensity, reducing cost for incremental benefits participation investors all promote XBRL by enterprises. behavior driven a combination government’s policy guidance investors’ engagement level. Therefore, paper effective supplement to innovative theory provides recommendations management insights efforts in promoting technology, which conducive solving problem insufficient motivation