Abstract
Companies have the need for clear communication withthe market. Studies show that the adoption of XBRL collaborates with thedecrease of the markets´ asymmetry of information. Brazilian companies thatreported their financial information to Securities and Exchange Commission(SEC) between 2009 and 2012 composed the sample used in this research. Thispaper found a significant and negative association between the use of XBRL andasymmetry of information. Thus, it is possible to consider that the use of thistechnology affects the decrease of asymmetry of information, should Braziliancompanies that use the technology be compared to the ones that do not use XBRL. Full Paper PDF: http://www.contecsi.fea.usp.br/envio/11contecsi-files/papers/1007/submission/director/1007-2579-1-DR.pdf
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