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- Title
THE CORPORATE PRACTICE OF GERRYMANDERING THE VOTING RIGHTS OF COMMON STOCKHOLDERS AND THE CASE FOR MEASURED REFORM.
- Authors
BAROCAS, BENJAMIN J.
- Abstract
The article provides an overview on traditional protections of ordinary shareholders and provides relevant background information on dual-class structures in the U.S. Topics include legal rights and entitlements for nonvoting shares of common stock; standard of judicial review for companies with dual-class structures to encourage the use of procedures that empower shareholder votes; and common stock with different voting entitlements as part of its initial public offering.
- Subjects
STOCKHOLDERS; DUAL class stocks; LEGAL rights; STOCKS (Finance); JUDICIAL review; GOING public (Securities)
- Publication
University of Pennsylvania Law Review, 2019, Vol 167, Issue 2, p497
- ISSN
0041-9907
- Publication type
Article