So you think that putting your company's annual report together is hard work? You ain't seen nothing yet
The word on the street is that companies in Europe are becoming more talkative. And not necessarily because they are being told to. Most European markets now require half-yearly reporting but more and more companies are taking the initiative and voluntarily reporting their accounts quarterly. There is a simple reason: because they have aspirations outside their own markets, and understand that greater transparency lowers the cost of capital. On top of that, the internet has transformed the
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