"The potential for interactive data to democratize financial information and transform transparency remains stronger than ever, and many investors and analysts wish that the data were more useful today," the researchers wrote in the study. "But unless stakeholders focus on improving the data's reliability and on creating value-added, easily integrated tools, XBRL-tagged data is unlikely to be used by a significant number of investors or analysts."About The Center for Excellence in Accounting and Security Analysis (CEASA)
SEC-Mandated XBRL Data At Risk Of Being Irrelevant To Investors And Analysts
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