The study by the Association for Investment Management Research found that nearly half those questioned thought quarterly reporting would improve information quality ‘significantly’ and another 36% thought it would be improved ‘somewhat’.
The results fly in the face of a previous MORI poll, which found that 60% disagreed that quarterly reporting would be ‘very useful’.
The European Commission recently tried to push through legislation to make quarterly reporting mandatory for listed companies in Europe, as part of its transparency directive.
Opposition to the plans within the EC has now seen watered down interim management statements replace quarterly reports in the directive, currently going through a co-decision process at the European Parliament and the Council of Ministers.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements