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Compliance
by leon on August 1, 2006
The report also calls on companies to better align senior executive compensation with long-term goals.
Securities and Exchange Commission chairman Christopher Cox has called the recommendations healthy.
But could they backfire?
Big investors have warned that it could lead to less transparency and might give companies an excuse to avoid communicating, according to one report.
Permalink: War on guidance
Tags:
quarterly
guidance
corporate
business
ethics
bootstrapper+solves
social+networking
solves+printer
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Response from:
The Business Roundtable Institute for Corporate Ethics and the CFA Centre for Financial Market Integrity have issued a joint report calling on companies to stop giving quarterly earnings forecasts. But investors fear this could result in less transpare...
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