Sticking around Too Long? Dynamics of the Benefits of Dual-Class Voting
Both practitioners and academics generally have a dim view of dual-class share structures. For example, when Snap Inc.
Both practitioners and academics generally have a dim view of dual-class share structures. For example, when Snap Inc.
Shareholder voting has become one of the main avenues through which shareholders participate in corporate governance, and it is frequentl
At a time when dual class share structures have come under regular attack by investors, the concept of loyalty shares, popularised in Fra
Theory as well as empirical studies suggest that voting at annual general shareholder meetings (AGMs) creates value.
The ECGI Roundtable on Loyalty Shares took place on 18 June 2018 at the offices of Jones Day, Brussels, in collaboration with University
It is commonly viewed that institutional investors have insufficient incentives to cast informed votes because they compete on relative p