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Ending quarterly reporting not effective in battling short-termism in UK: CFA study
Published Thu, Jan 9, 2020 · 09:50 PM
Singapore
THERE was little difference in the levels of corporate investment by UK companies between those that stopped quarterly reporting (QR) and the firms that continued, according to a 2017 study.
To cut compliance cost for issuers and encourage long-term investment, the European Union's Transparency Directive was amended in 2013 to remove QR and was subsequently implemented by the UK in 2014.
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