Bigelli, Marco; Mehrotra, Vikas; Rau, P. Raghavendra - In: Journal of Corporate Finance 17 (2011) 5, pp. 1619-1635
Dual-class share unifications have typically been argued to be beneficial for voting shareholders, who are usually compensated for the loss of their superior voting privileges. However, no covenants exist that make this compensation mandatory for voting shareholders. In this paper, we examine a...
