> We require companies that list with us to adopt corporate governance that alig... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		levi- on Sept 9, 2020 \| parent \| context \| favorite \| on: The Long-Term Stock Exchange Opens for Business > 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?

eries on Sept 9, 2020 [–]

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

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact