Donald Trump’s endorsement this week of a six-monthly reporting cycle for US-listed companies is far from his worst idea. Switching from quarterly earnings could encourage more strategic thinking by removing the three-monthly temptation for companies to “beat” analysts’ expectations. Unfortunately, it is exactly this strategic mindset that the US president lacks.
唐纳德•特朗普(Donald Trump)本周支持将美国上市公司的财报周期改为每六个月一次,这绝不是他最糟糕的主意。由发布季度财报转为发布半年度财报,可以通过消除企业受到的每三个月“击败”一次分析师预期的诱惑,促使它们进行更战略性的思考。不幸的是,这种战略思维恰恰正是美国总统所欠缺的。
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