alt Hacker Newsin the UK this is kinda the policy.
however the bigger issue here - is this is a ruse - there is a reason quarterly reporting brought transparency to companies - now they can easily hide nasty things.
you as an employee with stock options - yeah those are close to worthless since the price hit you can take can vary a lot.
> now they can easily hide nasty things.
For 6 months instead of 3. One could argue the need to show quarterly growth forces companies to do nastier things. Long term thinking is definitely needed these days when all companies are only focusing on short term gains.
Before 1970, the reporting was twice a year and in the first half of the twentieth century it was once a year.