Global research institute with the mission of enhancing economic growth and advancing inclusive prosperity
All tagged Dual Class Share Structures
We’ve always been a founder-led company, and that’s allowed us to focus and have a long-term view.
We would not want to see a big foreign company come in and take this asset from the Canadian tech ecosystem.
Nearly a quarter of the global market capitalization of dual-class stocks is in the high-growth tech sector.
And even though only one in five initial public offerings in 2017 were dual-class they outperformed all IPOs by about 500 basis points
Dual-class share structures undermine corporate-governance standards. This article presents a counter view to founder centrism.
Ottawa-tech darling Shopify Inc. has filed papers for a $100-million IPO in Toronto and New York in which the public will be offered Class A shares that come with one vote per share, while company founders and insiders will receive Class B shares, which come with 10 votes a share.