@eries Isn't this a raw deal for executives and potential executives of listed companies? It introduces new corporate governance rules (no short-term incentives, buybacks, etc) without alleviating the existing regulatory burden of quarterly filings, GAAP, etc.
if a company's executives feel like gaining outperformance by doing extra work isn't a good deal, maybe don't invest in that company? I'm not an expert, but I do play one on TV sometimes
Fixed the typos. Yeah that's kind of my point. You are going to have less interest from investors - but not only that you will have less interest from boards or executives. What's the advantage of being listed on the LTSE, if all I get are more rules? It's a neat option for investors, but there's two sides to every market. What does it offer that a long-term-conscious board couldn't implement themselves?
I can't say "I'm starting a food truck which will sell popsicles that don't melt even in the face of great heat. Sure the suppliers have to put in a little extra work to make sure they don't melt, but you as a buyer will benefit" - that doesn't really work unless there is a path for those popsicles to be created and offered for sale in a way that makes sense for the supplier.
