Rapportera Mera?
En kvalitativ studie av hur svenska finanschefer uppfattar kravet på kvartalsrapportering
The purpose of this paper is to study how Swedish CFOs perceive that the requirement for companies to issue quarterly reports affect business operations in the company. The fact that it is regulations on the Stockholm Stock Exchange, and not the law, that requires companies to issue quarterly reports makes Sweden unique in Europe. The paper is based on interviews with CFOs from 32 companies quoted on the Stockholm Stock Exchange. The major finding in the study is that a majority of the CFOs perceive that the pressure for short term results, created by quarterly reports, affect their work and the investment decisions made in the company. Also CFOs feel that the market over interprets the information given in quarterly reports. Still, despite these negative effects perceived by the CFOs, most of them argue that all in all the positive effects from a requirement to issue quarterly reports outweigh the negative effects.