Part 7/9:
Buffett, Jamie Dimon, and other corporate leaders have echoed this sentiment, suggesting that companies might perform better if they reported less frequently, allowing investments in long-term projects without the pressure of quarterly earnings targets.
Potential Impact
Frankel addressed potential consequences of moving to semi-annual reporting. While it may reduce volatility and lessen the short-term focus in decision-making, it raises immediate concerns around transparency and investor protection. Regular reporting helps to uncover issues early, maintaining a level of accountability and trust among investors.