The questions every investor should ask about Trump’s proposal to radically change how companies report earning
Posted: Sat Aug 18, 2018 9:49 am
MarketWatch - 8/18/2018 - Ciara Linnane, Tomi Kilgor, Francine McKenna - Should the U.S. move to a six-month financial reporting calendar from the current quarterly one as President Donald Trump mooted in an early Friday tweet? Not really, according to many investors and analysts, who argue that shareholders need more disclosure from the companies they invest in and not less. And while many executives — Elon Musk, anyone? — argue that the burden of striving to meet quarterly estimates can lead to short-termism on the part of managers and shareholders, there’s no guarantee that a different reporting schedule would change that. Read more @ https://www.marketwatch.com/story/shoul ... 2018-08-17