Barron’s (November 26)
“Less frequent financial reporting could create a longer runway for bad actors within publicly traded companies.… Proponents of semi-annual reporting raise two main points in support of their argument—short-termism and costs. Both are too speculative, and neither seems to outweigh the potential downsides to investors of less frequent reporting.”
Tags: Bad actors, Companies, Costs, Downsides, Financial reporting, Investors, Proponents, Publicly traded, Runway, Semi-annual reporting, Short-termism, Speculative
The Economist (July 2)
“The pecking order of financial centres is changing.” Hong Kong, Shanghai and Singapore are all vying as “the map of Asian financial hubs is being redrawn.” Given that, “the region’s two emerging giants, China and India, have partial capital controls,” Singapore stands to “be the main beneficiary—provided it can handle some of the downsides of being a global centre for other people’s business.”
Tags: Asia, Beneficiary, Capital controls, China, Downsides, Financial hubs, Hong Kong, India, Pecking order, Redrawn, Shanghai, Singapore
