Trump Proposes Ending Quarterly Earnings Reports to Shift Power to CEOs
TL;DR
President Trump has proposed that U.S. publicly traded companies switch from quarterly to semiannual earnings reports, arguing it would reduce costs and improve management focus. The proposal, supported by the Long-Term Stock Exchange, faces mixed reactions from investors and experts, with concerns about reduced transparency and increased risks, while some believe it could promote long-term thinking. Similar changes in the UK and Europe have not significantly impacted company spending or research.
- Trump Wants Earnings Reports Every Six Months. Here's What Investors Say. Investor's Business Daily
- Trump endorses dramatic shift to the US economy CNN
- Trump advocates end to quarterly earnings reports CNBC
- Trump Proposes to Cut Quarterly Reports for Public Companies The New York Times
- Donald Trump tilts balance of power from investors to CEOs Financial Times
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