Link: http://ift.tt/2yl5grp
tl;dr: "Silicon Valley’s high-tech denizens complain the public stock markets are marred by a narrow focus on short-term earnings and profits, now they are doing something about it. Its key feature: a system in which the voting power of shares increases the longer investors own them. Firms listed on the exchange would need to use such a structure, often called 'tenure voting,' while abiding by numerous other rules, such as a ban on tying executive pay to the company’s short-term financial performance."
Thoughts?
Submitted October 16, 2017 at 08:43AM by BruddaTurtle http://ift.tt/2ypIyvL
