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re: Corporate reporting - move from quarterly to semiannual reporting?
Posted on 8/17/18 at 9:41 am to NC_Tigah
Posted on 8/17/18 at 9:41 am to NC_Tigah
There are good and bad things to this. His tweet is correct, quarterly reporting disincentives investment. On the downside, you lose some transparency of the process.
Having worked at a mega large company that consistently missed its numbers, I say move to half a year. They would do insane shite to make their EPS numbers which would hurt long term growth. For instance, I got laid off (along with thousands of others) so they could dump a bunch of cost in one particularly bad quarter. They then rehired my position, then they laid that person off a year later. It was fricking insanity if you ask me. What is crazy is they would rehire me in a snap, and they would probably pay more than they did.
eta: I ended up starting my own business after getting laid off and its been fricking awesome. I work less, get paid more, travel less. although obamacare fricking blows chunks.
Having worked at a mega large company that consistently missed its numbers, I say move to half a year. They would do insane shite to make their EPS numbers which would hurt long term growth. For instance, I got laid off (along with thousands of others) so they could dump a bunch of cost in one particularly bad quarter. They then rehired my position, then they laid that person off a year later. It was fricking insanity if you ask me. What is crazy is they would rehire me in a snap, and they would probably pay more than they did.
eta: I ended up starting my own business after getting laid off and its been fricking awesome. I work less, get paid more, travel less. although obamacare fricking blows chunks.
This post was edited on 8/17/18 at 9:43 am
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