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Going the other direction would be interesting: if companies produced ongoing metrics, there might be fewer rewards for gaming them and less impact from missing
by roguecoder 7y ago
Going the other direction would be interesting: if companies produced ongoing metrics, there might be fewer rewards for gaming them and less impact from missing one hour's target. I doubt either the SEC or the accountants are interested in going that direction, but it seems like it is the periodic nature that is the problem, rather than the specific length of time. Perhaps there should be a Continuous Reporting movement.
- jshaqaw 7y agoThat’s an interesting concept long term. Some investors are (perfectly legally to be clear) mining big data sources to try and replicate real time monitoring of many companies. Maybe to level the playing field companies will have to provide much more frequent disclosures. For now, as an investor, I find quarterly results a decently optimal balance of factors.