3 ms·
Here's a thought. I've heard somebody's started a "long-term stock exchange"; ah, here it is: https://ltse.com/ https://ltse.com/ (more info: https://blog.ltse
by ScottBurson 8y ago
Here's a thought. I've heard somebody's started a "long-term stock exchange"; ah, here it is: https://ltse.com/ https://ltse.com/ (more info: https://blog.ltse.com/modern-companies-think-long-term-soon-the-market-will-too-e0c9a94f5ef7 https://blog.ltse.com/modern-companies-think-long-term-soon-...)
Seems like such an exchange could also insist that the companies listed on it submit to independent audits paid for by the exchange. Well, the listed companies would still pay for the audits through the listing fees, but the auditors would report to the exchange. Seems like this could align the incentives better: the exchange wants to attract investors, so they want to be able to provide additional assurance that the companies listed there are sound.