Usefulness of banks’ financial reports in a time of crisis: evidence from corporate customers of banks in Finland

Abstract

How has the usefulness of financial reports fared through the financial crisis? This is the question that this research aims to answer. This research will discuss the characteristics of useful financial reports, how they have come under question during the financial crisis and what remedies can be implemented. The research presents a survey of 30 employees of corporate customers of banks in Finland and discusses their views of how the usefulness of financial reports has fared in the financial crisis.