Companies may find it easier to join the ASX if these rule changes go ahead

Something strange has been happening in many financial markets around the world: the number of companies listed on public stock exchanges has been steadily declining. Some have been taken over by private companies. Others are deciding to remain private rather than list on a stock exchange. At the same time, private markets – where investors back private companies that are not listed on a stock exchange – have been expanding. Australia’s corporate regulator, the Australian Securities and…