Accelerating New Capitalism
Listing Incentives for Impact Corporations
A social entrepreneur almost listing at @NPEX, the Dutch SME exchange recently told me finalizing the prospectus ''is a lot of work....''
And that is just assembling the financial data for the IPO. Next is publishing quarterly & updates, annual reports, investor presentation etc.
Imagine how interesting it is as impact is added.
Flashback: I called on stock exchanges to develop impact indices, such as the Euonext Amsterdam biotech index. Think companies delivering basic needs (valuestock) and impact tech promising steep yields (growthstock).
Tricky as most listed large caps in the main indices aren't impact investments or even excluded. Largecaps also often have mixed activities with maybe serious investments in impact / STAR activities, but at present modest turnover & profit margins. Potential Impact Growth Stock in transition towardfs offering only New Capitalism 'societal solutions'.
*Beinhocker & Hanna https://www.mckinsey.com/global-themes/long-term-capitalism/redefining-capitalism