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Companies’ choices pivotal under current quarterly reporting regime

    • Stock liquidity, as measured by trading volume, has improved for companies that were freed from quarterly reporting requirements.
    • Stock liquidity, as measured by trading volume, has improved for companies that were freed from quarterly reporting requirements. PHOTO: PIXABAY
    Published Tue, Oct 1, 2024 · 05:00 AM

    WHEN the Singapore Exchange (SGX) first announced it would release most companies from mandatory quarterly reporting some years ago, it stirred up vigorous debate.

    Supporters of the new regime felt boards and management could focus more on the longer term when freed from the pressures of announcing results four times a year.

    Critics warned of a decline in transparency and the subsequent deterioration of market quality.