Trump Advocates End to Quarterly Earnings Reports
Posted4 months agoActive4 months ago
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Corporate GovernanceEarnings ReportsLong-Term Strategy
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Corporate Governance
Earnings Reports
Long-Term Strategy
Trump advocates for ending quarterly earnings reports, sparking discussion on short-term vs long-term corporate focus.
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>"In our experience, quarterly earnings guidance often leads to an unhealthy focus on short-term profits at the expense of long-term strategy, growth and sustainability," the pair wrote.
So I worked at a company where the CEO on a call announced he wouldn't give "guidance" anymore. His argument was that whatever he gave if he didn't beat it, they thought it was bad, if they did the guidance wasn't high enough. So he just quit playing that game.
They did release numbers.
It doesn't seem like guidance is required exactly?