In What They Believe a First, Researchers Provide Evidence That Quarterly Financial Reporting Breeds Corporate Myopia
January 22, 2018
January 22, 2018
SARASOTA, Florida, Jan. 22 -- The American Accounting Association issued the following news release:
"We needed to remove the temptation to work only toward the next set of numbers...Better decisions are being made. We don't have discussions about whether to postpone the launch of a brand by a month or two or not to invest capital, even if investing is the right thing to do, because of quarterly commitments. We have moved to a more mature dialogue with our investor base."< . . .
"We needed to remove the temptation to work only toward the next set of numbers...Better decisions are being made. We don't have discussions about whether to postpone the launch of a brand by a month or two or not to invest capital, even if investing is the right thing to do, because of quarterly commitments. We have moved to a more mature dialogue with our investor base."< . . .