Tag Archive for: Bloomberg
https://www.ethicalsystems.org/wp-content/uploads/2018/06/files_Looking-for-short-and-long-term-ideas.jpg 500 857 Jeremy Willinger https://ethicalsystems.org/wp-content/uploads/2020/04/ES-logo-final-white.gif Jeremy Willinger2018-06-19 13:54:202020-03-26 16:55:42Long Term Thinking Means Ending Short-Term Reports
Long Term Thinking Means Ending Short-Term ReportsBlog
The chorus to end quarterly corporate reporting recently gained two prominent voices from the financial world. In a recent article in Bloomberg, Jamie Dimon, CEO of JP Morgan Chase, and Warren Buffett, the Chairman of Berkshire-Hathaway, advised companies to do away with their emphasis on quarterly earnings reports, arguing that it motivates misconduct and shifts the focus from sustained growth and stability to immediate profits and performance.