British company directors caution against relaxing rules to attract more stock market listings

British corporate lobby group the Institute of Directors on Wednesday said relaxing rules to attract more stock market listings to London could put at risk the UK's strong track record on corporate governance.

The Institute of Directors, in one of the first public responses to the listing review, said it favoured leaving the main"premium" listing rules unchanged. But it suggested creating a separate category for a"new breed" of innovative start-up firms that could have different rules, such as allowing dual class shares, which give some shareholders more voting power than others.

The LSE also supports dual-class shares, the person said. Dual-class shares are common in the United States. The principle of"one share, one vote" should be retained on the LSE's"premium" segment, the IA said. The so-called premium segment rules apply to blue-chip companies.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Iconic Dr Martens to stomp into London stock marketThe footwear brand's internet sales have boomed worldwide during coronavirus lockdowns. FMTNews
Fonte: fmtoday - 🏆 5. / 72 Consulte Mais informação »

London stock market rallies three per cent | Malay MailLONDON, Jan 6 — The London stock market accelerated gains today to surge more than three per cent in afternoon deals. London’s FTSE 100 index was up 3.1 per cent at 6,820.10 points around 1330 GMT. It was already rising strongly thanks to sharp share price gains for oil majors in the wake a...
Fonte: malaymail - 🏆 1. / 86 Consulte Mais informação »