Why they persist? An analysis of dual class structures and the unification process in the U.S. and Brazil
The unbundling of cash flow and voting rights has been severely criticized worldwide and yet, the dual class structure persists as an alternative widely adopted by firms. This paper aims to provide some explanations as to why this happens, particularly from a comparative perspective that analyzes th...
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| Main Author: | |
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| Format: | Article |
| Language: | English |
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Fundação Getúlio Vargas, Escola de Direito
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| Series: | Revista Direito GV |
| Subjects: | |
| Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S1808-24322014000100002&lng=en&tlng=en |
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