Scrapping quarterly reporting a bad move

16 August 2017 | General News

Assoc Prof Mak Yuen Teen from the Dept of Accounting at NUS Business School, and Mr Chew Yi Hong, an active investor and corporate governance researcher opined that quarterly reporting is important in Singapore because of the participation of retail investors and the disparity of information available to insiders and public investors. They do not agree that the continuous disclosure obligation or the strengthening of securities regulation are in any way a substitute for quarterly reporting.