IIRC Lead Bob Laux published a piece on the council's website about the need for and efforts underway to support longer-term thinking in U.S. corporations. The full piece is worth reading. It includes this call to the SEC:
We at the IIRC believe the SEC should consider a project to reexamine their guidance on Management’s Discussion and Analysis. It has been 15 years since the last time the SEC issued a significant Financial Reporting Release reexamining their guidance on Management’s Discussion and Analysis. We can all agree there have been significant changes since 2003 and many believe a multi-capital approach to Management’s Discussion and Analysis could go a long way in serving the long-term interests of Main Street investors.
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