, Columnist
Reporting Profits Daily Would End Corporate Short-Termism
Think there’s too much hoopla about quarterly earnings? Imagine if the circus moved to twice a year.
More to celebrate.
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Want to end corporate short-termism and all the heavy breathing that comes with quarterly earnings reporting? Then report results daily.
The excessive focus on stock price — and stock-option bonuses and compensation in the executive suite — is thought of as a driver of share buybacks and decreased capital spending, especially in research and development.
