A coalition of global pension funds with combined assets of more than $1.25 trillion is launching an initiative to push back against the rise of dual-class shares. The Investor Coalition for Equal Votes aims to advocate proportionate shareholder voting and the prevention of dual-class share structures without strict mandatory time-based sunset clauses. Its members are concerned […]
Assessing the cost of parting with Stronach and dual-class shares.
Academic papers discuss the ins and outs of dual-class shares.
Dual-class shares and the governance discount.