Academic says existing governance measures could offset the risks of boosting the voting rights of some share owners over others.
A special taskforce is looking at reforms to the UK's listings regime, including the launch of dual-class shares. One academic now argues that there are governance measures available that could offset the risks many see in boosting the voting rights of some share owners over others.
The argument rests on observing the kind of measures in other jurisdictions that have given dual-class shares the go-ahead. Min Yan, associate professor of business law at Queen Mary University in London, says in a post on the Oxford Law blog: “While there are contradictory standpoints regarding the implication for separating controlling shareholders’ contr
For thoughtful journalism, expert insights on corporate governance and an extensive library of reports, guides and tools to help boards and directors navigate the complexities of their roles, subscribe to Board Agenda