Financial Times (February 28, 2012)
2012/ 03/ 03 by jd in Global News
European companies have been required to report on a quarterly basis for fiver years. This has “done little but confuse and distract management and investors.” Short-termism encourages management to reject good investments simply because they conflict with quarterly earnings expectations. “Data overload cannot enhance company and shareholder interests. Rather than bombing investors with short-term data, companies should explain their long-term objectives, and how they propose to reach them.”
Tags: Europe, Investors, Long term, Management, Quarterlies, Shareholders, Short term
