A charge transporting material high in solubility in a binder polymer and having high carrier mobility is disclosed, which contains a carbazole derivative represented by the following general formula (1): ##STR1## wherein Ar.sup.1 and Ar.sup.2, which may be the same or different, each represents an aryl group which may have a substituent group; R.sup.1 and R.sup.2, which may be the same or different, each represents a lower alkyl group or an aryl group which may have a substituent group; R.sup.3 represents a lower alkyl group, an alicyclic alkyl group having 5 to 7 carbon atoms, an aryl group which may have a substituent group, or an aralkyl group which may have a substituent group; and m and n each represents an integer of 0 or 1. An electrophotographic photoreceptor containing the charge transporting material is also disclosed.