News for hackers. Stuff that matters.

A comment on The Long-Term Stock Exchange Opens for Business. Parent comment

Re:The Long-Term Stock Exchange Opens for Business by levi- on Wednesday September 09, 2020 @11:43AM (#24422233)
> We require companies that list with us to adopt corporate governance that aligns their behavior and incentives to the long term.

How will you handle companies that eventually go against the required guidelines?

Could a company become permanently unlisted? And how would that affect any shareholders of the company who purchased through LTSE?

[ Parent | on HN ]
Re:The Long-Term Stock Exchange Opens for Business by eries on Wednesday September 09, 2020 @12:00PM (#24422394)
Yes, we have the power to delist companies, although I hope it never comes to that.

Shareholders would have their ownership protected in that scenario (as they still own common shares), same as any other company who was delisted from an exchange

[ Parent | on HN ]