June 18, 2019
Theory, Evidence, and Policy on Dual-Class Shares: A Country- Specific Response to a Global Debate
Dual-class shares have become one of the most controversial issues in today´s capital markets and corporate governance debates around the world. Namely, it is not clear whether companies should be allowed to go public with dual-class shares and, if so, which restrictions (if any) should be imposed. Three primary regulatory models have been adopted to […]