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Examine the annual report of Xero for the full financial year ended March 31, 2017 which can be downloaded in pdf format at: https://www.xero.com/content/dam/xero/pdf/Xero%20Annual%20Report%20FY17.pdf Read

Examine the annual report of Xero for the full financial year ended March 31, 2017 which can be downloaded in pdf format at: https://www.xero.com/content/dam/xero/pdf/Xero%20Annual%20Report%20FY17.pdf Read through numerous news articles on Xeros delisting on online news at: https://www.stuff.co.nz/business/opinion-analysis/102002954/another-kiwi-icon-xerois-falling-into-australian-hands https://www.radionz.co.nz/news/business/345182/xero-challenged-over-quitting-nzsharemarket https://www.stuff.co.nz/business/industries/98702227/xero-to-delist-from-nzx http://www.zdnet.com/article/xero-reports-record-ebitda-as-it-prepares-to-delist-fromthe-nzx/ https://www.stuff.co.nz/business/opinion-analysis/98739945/delisting-debate-drownsout-planned-push-for-growth Answer these questions: A. What is the main motivation for Xero to be delisted from NZX? B. Will the delisting of Xero shares from NZX enhance shareholders value? Why? C. What are the measures that can be undertaken by NZX to ensure listed companies to remain listed on NZX instead of delisting? and D. What are the measures that can be undertaken by NZX to attract new companies to be listed on NZX?

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