Amid calls made at the Guernsey Funds Forum for
reform to make stock market listings more appealing to growth
companies, James Falla hears from Fiona Le Poidevin, CEO of The
International Stock Exchange Group, about a Guernsey solution in
the final part of our Funds Forum series of
blogs
Calls for a review of corporate governance and ways to enhance
shareholder value have been welcomed by Guernsey-headquartered The
International Stock Exchange.
Jonathan Ford, City Editor at the Financial Times, who was
keynote speaker at the Guernsey Funds Forum, made comments on
governance, particularly in relation to utilities and growth
companies.
"There is a perceived disconnect between providing services
and incentives. Privatisation was supposed to transfer risk to
private owners, instead it has transferred to customers who
can't mitigate it, with a use of complex structures and failure
of regulators to hold companies to account."
