The question still holds, which you didn’t really answer:
Are there any incentive systems in place to ensure that companies being traded on your exchange don't take part in these destructive practices, or is it simply that they agreed to your policies?
What are the incentives and how do you hold a company to a long term orientation. A company is free to choose and change its vision/strategy as time goes by. Do they get delisted if they move away from this orientation. How do you measure such an intangible and act on it?
Are there any incentive systems in place to ensure that companies being traded on your exchange don't take part in these destructive practices, or is it simply that they agreed to your policies?
What are the incentives and how do you hold a company to a long term orientation. A company is free to choose and change its vision/strategy as time goes by. Do they get delisted if they move away from this orientation. How do you measure such an intangible and act on it?