It's the government's requirements for filing 10-Ks and 10-Qs that generate this type of behavior. Plenty of examples out there where capital-raising efforts, and therefore investment decisions are stymied by markets that are driven by quarterly government reporting.
Some companies have been able to fight it off and really put long-term profitability into place (Apple seems like a reasonable example of this), but it is the exception, not the rule, and many times does not last long.
Some companies have been able to fight it off and really put long-term profitability into place (Apple seems like a reasonable example of this), but it is the exception, not the rule, and many times does not last long.