Nicolai Tangen Advocates for Semi-Annual Reporting Over Burdensome Quarterly Reporting System

Nicolai Tangen, the head of Norway's sovereign wealth fund, has proposed a shift from quarterly earnings reports to semi-annual disclosures. He argues that the current quarterly reporting system is burdensome and potentially damaging to market dynamism, advocating for an environment that encourages long-term thinking. This sentiment is echoed in an opinion piece by the Financial Times, which emphasizes the need for companies to step off the quarterly report treadmill to foster a more sustainable business landscape.