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Keywords: Dual‐Class share structure
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Journal Articles
Dual‐Class Companies: Do Inferior‐Voting Shares Make Inferior Investments?
Available to Purchase
Journal:
American Journal of Business
Mid-American Journal of Business (2006) 21 (1): 41–48.
Published: 22 April 2006
...Judith Swisher A dual‐class share structure allows managers or original owners to retain control of a firm, while providing public equity financing. In the U.S., a firm generally issues superior‐voting shares to managers or original owners, and inferior‐voting shares to the public. As a result...
