The relationship between experience, quality, information overload and usefulness in financial reporting users

The purpose of this investigation was to explore the relationship between financial reporting usage experience, perceived financial reporting quality, perceived information overload and perceived usefulness of financial reporting. The theoretical model was created by taking into account the relations previously revealed in the literature and the hypothesized path model which was tested with structural equation model (SEM). The sample consisted of 135 financial reporting users (48 professional investors and 87 creditors). As a result of our investigation we found evidence that perceived information overload has a negative effect on perceived usefulness of financial reporting and perceived financial reporting quality has a positive effect on perceived usefulness of financial reporting. Moreover financial reporting usage experience has a positive effect on perceived usefulness and quality of financial reporting.