... disaggregation XBRL SEC Financial Statement Data Sets information processing cost A long-standing issue in the voluntary disclosure literature is deriving an appropriate empirical measure of disclosure quality ( Beyer, Cohen, Lys, and Walther 2010 ). We develop a measure of disclosure quality...

... and process information in a timelier manner and at a lower cost. JEL Classifications: M41; K22. eXtensible Business Reporting Language (XBRL) information technology information processing cost loan contracting In 2009, the Securities and Exchange Commission (SEC) mandated the use...