Dual-class shares, as they’re known, give company founders super-sized power over their businesses even if they only hold a small slice of the stock.
Adoption of the structure by exchanges in Londo While the formula is popular, especially among technology firms — it blends public shares with the private-equity model — many investors bristle at its undemocratic nature. The governance structure used by companies such as Facebook, Alibaba and Volkswagen is going global, and not everyone is happy.
Summary automatically generated by NewSUM A.I. from the following sources:
- Why Dual-Class Shares Catch On, Over Investor Worries (washington post)
- Why Dual-Class Shares Catch On, Over Investor Worries: QuickTake (washington post)