本研究主要探討XBRL實施對於薪酬與管理者績效敏感度的影響。本研究推論XBRL將改善外部監督環境進而增強薪酬與績效敏感度。 實證研究顯示，無論市場績效指標或會計績效指標，其與薪酬之敏感度在XBRL實施後皆增加。此外，本研究發現公司在XBRL採行後傾向給予更多權益基礎薪酬。此研究亦證實XBRL改善監督環境的效果在小公司較為明顯。並且在動態分析（dynamic analysis）中，建立了XBRL會影響薪酬設計之因果關係。

The purpose of this paper is to investigate the effect of the XBRL mandate on pay-performance sensitivity. I posit that XBRL improves external monitoring and in turn strengthens the link between pay and performance. Irrespective of market-based or accounting-based performance measures, the empirical results reveal that pay-performance sensitivity increases after XBRL adoption. Moreover, I find that firm is likely to give more equity-based compensation after XBRL mandate. I also provide evidence that XBRL reporting improves the monitoring environment to a greater extent for small firms. In dynamic analysis, the result provide evidence to support the causal inferences about the relationship between XBRL implement and compensation contract design.

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