Ending quarterly reporting not effective in battling short-termism in UK: CFA study

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.