Monday, September 30, 2019

Forbes: Goldman Sachs Warning -- One-Share One-Vote Or Else The Stock Will Suffer

By SIMON CONSTABLE

Wall Street is getting serious on shareholder rights. 

Iconic Wall Street bank Goldman Sachs just issued a warning to companies that go public with a skewed "multi-vote" share structure. Such arrangements often allow the founders to keep the majority of votes even if they own a minority of the shares. Read more here.

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