In 2004, the European Banking Authority (EBA) made a decision on the use of the XBRL standard (eXtensible Business Reporting Language) when preparing financial statements, and until now it is used by almost all members of the European Union. The Republic of Croatia is among the countries that have accepted the use of XBRL standards. Given that the XBRL standard represents a digital form of financial reporting, and as such represents a technological innovation, it is important to determine whether the company is ready for the introduction of technological innovations in business. The main goal of the doctoral dissertation is to determine the current state of application of the XBRL standard in Croatian companies and the possibilities for its acceptance using the three basic dimensions of the TOE framework (technological dimension, organizational dimension and environmental dimension). Based on the main goal of the doctoral dissertation, five main hypotheses were formed, which were investigated by survey research on a sample of Croatian companies: (i) H1. The technological dimension of the TOE framework has a statistically significant effect on the intention to accept the XBRL standard in Croatian companies; (ii) H2. The organizational dimension of the TOE framework has a statistically significant effect on the intention to accept the XBRL standard in Croatian companies; (iii) H3. The environmental dimension of the TOE framework has a statistically significant effect on the intention to accept XBRL standards in Croatian companies; (iv) H4. Company characteristics have a statistically significant effect on the intention to adopt XBRL standards in Croatian companies and (v) H5. The intention to accept the XBRL standard in Croatian companies has a positive effect on their performance measured by a system of balanced indicators. The following statistical methods were used: structural equation modeling, reliability analysis using the Cronbach alpha coefficient, as well as other methods of descriptive and inferential statistics. Statistical software solutions such as: SPSS and JASP software were used for data processing with the use of the lavaan R package for the method of structural equations. The research of the doctoral dissertation confirmed the impact of all three dimensions of the TOE framework on the level of acceptance of the XBRL standard, as well as the positive impact of the application of the XBRL standard on the business performance of organizations. The scientific contribution of the doctoral dissertation relates to research into the applicability of the TOE theoretical framework in companies with an emphasis on the analysis and presentation of the current state of implementation of the XBRL standard in companies in Croatia to determine the success factors of its application.