Why companies aren’t democracies, and why that’s okay

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 30 sec. here
  • 49 min. at publisher
  • 📊 Quality Score:
  • News: 179%
  • Publisher: 92%

Canadian News أخبار

Canada News,Breaking News Video,Canadian Breaking News

Dual-class voting shares provide one class typically 10 to 20 more votes a share than another, which allows some minority shareholders to dominate a company

Behind every ridiculous business story, there are often dual-class voting shares, which provide one class typically 10 to 20 more votes a share than another.

If you look past the anecdotes , the evidence about dual-class shares is quite surprising. Empirical studies reveal dual-class share structures are associated with better corporate performance than single-class share structures. In this respect, super voting shares are like almost every other governance practice advocated by the governance industry: none of them are supported by the empirical evidence.

Concerning the most critical issue of long-term economic performance, corporate law and governance professor Bobby Reddy of the University of Cambridge summarizes this

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 5. in AE
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Business Brief: A volatile week ahead of The VoteAlso in today’s edition: Why China is investing heavily in Hungary
مصدر: globeandmail - 🏆 5. / 92 اقرأ أكثر »

Business Brief: A volatile week ahead of The VoteAlso in today’s edition: Why China is investing heavily in Hungary
مصدر: globebusiness - 🏆 31. / 66 اقرأ أكثر »