Porsche's defiance on quarterly reports collides with the investment community's desire for transparency.
Eyebrows were raised in July when Porsche, the family-run German car manufacturer, failed to meet the deadline for submitting quarterly results for the first time. Particularly when the reason for the failure became clear. It wasn't a lack of numeracy among the company's executives. And it wasn't the fault of shoddy administration either. No. Porsche didn't deliver its quarterly results because it didn't want to.It's not as if the Deutsche Börse's rules weren't clear. Fail to submit
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