I find the emerging discussion of eliminating quarterly reporting for public companies quite intriguing. Like any issue worthy of consideration, this initiative has its supporters and detractors.
On the side of eliminating quarterly reporting in favor of reporting once or twice annually is the idea that this will allow companies to operate with a greater focus on long-term results. It’s no secret that the quarterly report often drives the decision-making process regardless of what may happen in succeeding quarters, or even years.