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so one of the biggest dangers for small Listers or newly listed companies in taking a tick box approach to covenants is that they think that by complying with everything theyre achieving that the right there.i that comes but in fact theyre not it becomes too restrictive its a compliance burden they dont necessarily need and it doesnt it doesnt match what their business is trying to achieve so why is the tick box approach to governance are so dangerous for nearly as did or small/small listed companies I think the real issue there is that it it focuses them on on not on whats good for the business but what they perceive is good for the market that is that theyre seen to be complying and that that compliance burden can actually be incredibly restrictive many businesses more those that are highly regulated definitely have that tick box approach you see it under licensed entities you know for in the financial services sector and others where they feel as though theyve met their ob
