Trump’s push to end quarterly earnings reports: Impact on market transparency

Corporate governance is not a recent construct. While branding it so might be, business accountability has existed for long. From the merchant guilds of medieval Europe to the joint-stock companies that financed colonial trade, the moment capital was pooled, rules for accountability followed. Governance emerged as the means by which dispersed investors could hold concentrated managers to account, and it only grew more vital as companies became larger, cross-border, and systemically important.