فهرست نشریات علمی دسترسی آزاد ایران

Digital transformation has redefined financial reporting worldwide, with eXtensible Business Reporting Language (XBRL) serving as a global standard for structured, transparent, and automated data exchange. While many advanced economies have mandated XBRL, Malaysia remains in a voluntary phase through the Malaysian Business Reporting System (MBRS). This study investigates how institutional pressures shape XBRL implementation in Malaysia as part of the country’s broader digital transformation agenda, focusing on regulators, preparers, software developers, professional bodies, and service providers' perspectives. Guided by institutional theory, the research explores coercive, mimetic, and normative pressures through a qualitative interpretive approach using semi-structured interviews and supporting documents. Findings reveal that weak regulatory enforcement reduces the effectiveness of coercive pressures, while mimetic pressures emerge as stakeholders adapt practices from more mature jurisdictions and innovate with AI-enabled audit tools. Normative pressures remain underdeveloped due to limited technical skills, training, and assurance mechanisms, leading to inconsistent adoption. These dynamics illustrate how institutional and operational factors interact in shaping digital transformation within financial reporting. Theoretically, the study extends institutional theory to voluntary IT management contexts by showing how external pressures influence system implementation without full regulatory mandates. Practically, it offers guidance for regulators, policymakers, and practitioners to strengthen digital reporting ecosystems and provides insights for other developing countries pursuing technology-driven transformation.