Stock market listings

23 November, 2020

UK to review dual-class shares as part of consultation on listings

Dual-class shares, long a point of friction in financial markets around the world, are set to become a battleground in the UK. The development comes after the chancellor Rishi Sunak included shares wi...
Roman emperor in a suit checks his mobile device

14 September, 2020

‘Tech emperors’ need effective checks and balances in the boardroom

While the innovation and brilliance of tech “star founders” and their revolutionising companies have undoubtedly delivered great rewards for many of their stakeholders, they also bring new and unc...
Wall Street, New York Stock Exchange, US corporate governance

9 January, 2020

Five myths and five realities about the role of shareholders

In August, the Business Roundtable, led by JP Morgan Chase CEO Jamie Dimon, issued a well-meaning but ultimately confusing statement about
Stock market listings

18 November, 2019

The campaign for dual-class listings in London

Are dual-class shares on the agenda for UK stock markets? Some media outlets certainly seem to think so. Indeed, the Financial Times last week reiterated its belief that UK government has ...
London Stock Exchange, LSE

11 October, 2018

Balancing act: stock exchanges and dual-class shares

Stock exchanges form a critical component of the global financial market ecosystem, serving as gatekeepers linking companies to investors and as ...
dual-class shares

10 October, 2018

Conflicts of interest: the global fight over dual-class shares

There is a quiet battle underway in corporate governance that rages from New York all the way to the Far East. The battleground? Dual-class share...
Hong Kong, Hong Kong Stock Exchange

14 March, 2018

Goldman Sachs criticises Hong Kong’s dual class share limit

Goldman Sachs has suggested that the Hong Kong Stock Exchange may be making an error in limiting company founders to ownership of only 50% of dual class shares.
Hong Kong Stock Exchange, HKEX

28 February, 2018

Hong Kong Stock Exchange proposes allowing dual class shares

The Hong Kong Stock Exchange has proposed allowing IPOs with "weighted voting rights", including dual class shares, in a package to reform corporate governance for the territory. The move is widely...
Snapchat, differential share ownership, IPO

30 March, 2017

Why one share, one vote is the best long-term investment option

The protection and enhancement of minority shareholder rights has been a long-standing focus of the International Corporate Governance Network (ICGN). As such, ICGN has long advocated a preference for...

3 February, 2017

Twitter faces calls for user ownership

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