网络双重投票权股票 网络释义 1. 双重投票权股票 折价的原因是由于对双重投票权股票(dual-classshares)的使用。RaffiAmit在沃顿商学院专门从事家族企业研究,他说尽管双 … www.baike.com|基于116个网页
dual class shares DUAL-CLASS SHARES: GOVERNANCE, RISKS, AND REWARDS by Samer Khalil and Michel Magnan Dual-class shares have significant benefits but none of them flow through to minority shareholders. And while an argument could be made that a dual-class share structure is not absolutely bad, ...
Whereas the agency theory predicts that dual-class shares decrease firm performance, the stewardship theory predicts that dual-class shares increase firm performance. The cumulative findings on the performance consequences of dual-class shares have been weak and/or inconclusive. Because endogeneity is a...
The article reveals the negative implication of dual class shares for a company. It notes that firms with dual-class shares have recently been criticized, for while they have significant benefits, none of them flow through to minority shareholders. And while an argument could be made that a dua...
Dual class shares: safeguards or minefields? 来自 businesstimes.com.sg 喜欢 0 阅读量: 21 作者: MY Teen 收藏 引用 批量引用 报错 分享 全部来源 求助全文 businesstimes.com.sg 研究点推荐 Dual class shares 0关于我们 百度学术集成海量学术资源,融合人工智能、深度学习、大数据分析等技术,为科研工作者...
While many investors would like to eliminate dual-class shares, there are several hundred companies in the United States with dualClass A sharesandClass B shares, or even multiple class listed shares. So, the question is, what's the impact ofdual-class ownershipon a company's fundamentals and...
Dual-class share structures are often billed as controversial since they offer a select group of shareholders voting rights that are superior to what common shareholders of the same publicly traded venture receive. This is especially true when dual-class shares play a role in a high-profile ...
Dual Class SharesWe analyze why the control of listed German and U.K. companies is so different. As shareholders in Germany are less protected and ... G Marc,R Luc - 《Journal of Law Economics & Organization》 被引量: 148发表: 2003年 Dual-class premium, corporate governance, and the ma...
In Section 2 we discuss dual-class shares. Section 3 describes our sample. In Section 4 we examine whether differences in the prices of dual-class shares represent mispricing. In Section 5 we analyze intraday trade data to see how prices of dual class shares diverge. We study how they ...
Public companies with dual-class stock structures are set up in a way that often gives chief executives outsized influence over the direction of the firm. That can be advantageous when trying to quickly execute a new strategy, restructure or shift priorities – but it can also dilute the influ...