Agree with the author, but how will a ban on non-voting share classes be introduced? As with many Governance issues there is no effective forum to push through reforms and defend the ordinary investor as the Fiduciaries among the investment industry are only providing pious wishes.
(8-June-2017)
Snap and the Rise of No-Vote Common Shares
We were optimistic last year about the IPO window opening. Hope glimmered
as recently as last month, when a handful of high-profile IPOs priced or
revealed...
5 hours ago
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