Tag: differential share ownership
S&P bars companies from indices over voting rights concern
The US index will exclude new IPOs from their indices, where companies fail to offer investors voting rights. The move follows FTSE Russell’s decision to limit access after the controversial Snap IPO.
Why one share, one vote is the best long-term investment option
Differential share ownership has become a preoccupation with some tech companies but, argues Kerrie Waring, there’s little evidence that it helps companies plan for the long term.