Riding off into the sunset: Dual-class structure in the age of unicorns going public
The increasing adoption of dual-class shares (DCS)—an ownership structure that gives corporate insiders greater voting power than other shareholders—among newly listed companies has raisedsignificant governance concerns. We investigate the decision to adopt the DCS structure and itsvalue implication...
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Main Authors: | LIANG, Hao, PARK, Junho, ZHANG, Wei |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2022
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Subjects: | |
Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/7148 https://ink.library.smu.edu.sg/context/lkcsb_research/article/8147/viewcontent/SSRN_id4242984.pdf |
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Institution: | Singapore Management University |
Language: | English |
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