Can someone ELI5 how LTSE has an advantage or is differentiated beyond geography and imposing more rules on its listed companies? Can't any of the public companies listed on other exchanges optionally adopt the LTSE's requirements? If shareholders care, they can demand anything?
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I like the idea of it, companies can focus on building for long term and sustainable growth.
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But companies can do that anyway.
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So, LTSE has an advantageous listing process for companies with multiple share classes?
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If I recall correctly, the entire impetus for the LTSE was that these founders and tech startups don't like having to report earnings 4 times a year.
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10-Q is required by the SEC, not the exchange. It's up to the shareholders whether they want the company to optimize for quarterly vs long-term performance.





