[H8crilA]

I wish that shareholders would frequently vote on what data is included in the financial reports. Either that or have the SEC be much much more pressing on the issue.

Perhaps even a minority of shareholders (say 30%) should be allowed to enforce data publication rules.

Why should the management decide on which data is disclosed and which is not? It should rather be entirely decided by the management's supervisors, this is the shareholders or the regulators. Makes no sense to me otherwise.

"Yes, it's all your money that we manage here, but you can't look at it. You can only look at what we allow you to look at. Now go model our company and figure out what our stock should be worth without whatever it is that we don't give you."

[flokie]

The SEC does decide.... https://www.marketwatch.com/story/the-sec-wants-to-know-why-...

[H8crilA]

I mean yeah, but they should be much more pressing.

And I doubt they have enough bandwidth to monitor the thousands of publicly traded companies, so would make much more sense to just legislate a standard way of a shareholder mechanism for explicit control of the non-GAAP metrics.