The norm in other countries is 6 months. That's enough time to get the mid-year numbers to be reviewed by an auditor.
I don't think malice of the decision.
I don't understand arguments like this.
Universal healthcare? Democratic rule of law? Affordable living wage?
Nah, I'll bang the drum of international equality for corporate malfeasance.
At least what I saw, which might be inaccurate, is that in countries with 6 month mandatory reporting, most companies still choose to report quarterly or investors start to get nervous.