Sentences with phrase «super-vote share structures»

In his book Synchronicity, Joe Jaworski explores the positive outcomes of openly sharing structured goals and visions — people begin to understand your aspirations and priorities and how they can contribute to your success.

Zynga announced a new share structure Wednesday that voluntarily reduces the voting power of chairman and co-founder Mark Pincus.

Facebook CEO Mark Zuckerberg, for example, tried to propose a share structure that would allow him to maintain voting control of the company even as he sold off most of his shares to support philanthropic causes.

But on Wednesday, Zynga said it wanted to simplify its share structure and establish «parity for all shareholders.»

Pincus said in an interview with CNBC that he and the board «talked, questioned, when would it make sense to move from multi-class to single - class share structure.»

Among his biggest grievances are dual - class share structures.

If you've gotten venture capital, that means your share structure has already been reorganized into different classes as part of the deal.

Dual - class share structures, which give controlling shareholders more than one vote per share or designate some shares as non-voting, are particularly unpopular among governance wonks and institutional investors.

While their namesake company — over which they exert considerable control, thanks to a two - tiered share structure — remains the foundation of the family fortune, the Rogers clan have also moved into real estate.

He emphasizes that family - controlled companies should have policies in place to allow for the unravelling of preferential share structures.

Lawsuits over share structures flew back and forth.

Stronach cut a deal to transform MID into a pure real estate play with a single share structure in return for its remaining gaming assets, worth between US$ 585 million and US$ 730 million.

Stock market Stronach had little incentive to eliminate its dual - class share structure, which allowed him to control the company despite holding less than 1 % of its equity.

Nice Debut Microsoft Small Business Accounting 2006 is a remarkably capable accounting system with perks like inventory, job costing, online banking and a robust data - sharing structure (see» The Bottom Line».)

The eight members of the Beaudoin - Bombardier family — heirs of Joseph - Armand Bombardier, who invented the snowmobile — control the company through a dual - class share structure that gives class A shares, 54 % of which are owned by the family members, 10 votes apiece.

Hong Kong is eyeing several tech listings in the coming two years, including those with dual - class share structure, from Chinese firms with a combined market cap of $ 500 billion.

When Facebook staged its initial public offering six years ago, it implemented a dual - class share structure that means Zuckerberg personally controls a majority of the voting stock even though other investors own the majority of the financial value of the company.

In Hong Kong, the dual - class share structure is available only for individuals.

This share structure will allow the company to benefit from Mr. Lei's «vision and leadership» while allowing him to maintain its «long - term prospects and strategy,» Xiaomi said in its filing.

It is expected to choose New York, where companies can use the dual - class share structure even if the founding shareholder is a company and not an individual.

When a company such as Facebook goes public with a dual - class share structure, everyone whines about how shareholder - unfriendly it is.

Additionally, the share structure disadvantages IPO investors.

In effect, the non-voting shares are similar to the dual - class share structures that are more common among tech IPOs.

Some Reflections on Magna and Dual Class Share Structures Author: Professor Jeffrey G. MacIntosh, Toronto Stock Exchange Professor of Capital Markets, Faculty of Law, University of Toronto, June 17, 2011

Aritzia has used this argument to defend its proposed dual class share structure, indicating that by maintaining control, the corporation will not be subject to a takeover bid and will be able to continue on its projected growth path.

Ironically, there will then be a greater and greater need for dual class share structures, even when they are not being used to protect the «idiosyncratic vision» of a company's founders.

It can be argued that mega-mutual fund advisors have been drawn into an alliance with the shareholder empowerment movement on the issues of proxy access and dual class share structures created through IPOs like Snap Inc.'s, which resulted in a class of non-voting shares, simply because of the business opportunity such an alliance represents.

One of the governance principles is that «Shareholders should be entitled to voting rights in proportion to their economic interest...» In other words, the Group does not favour multi-voting share structures that characterize over 80 companies on the TSX and that have been popular in Canadian IPOs over the last few years (see comments on Aritzia's IPO here).

But it also creates a dual class share structure, which has given rise to a broader debate about legal protections for outside shareholders and the role that securities regulators should play in Canadian capital markets.

Richard LeBlanc, associate professor of governance law and ethics at York University, on Bombardier's dual - class share structure.

Hong Kong's stock exchange now allows applicants with dual - class share structure, altering a rule that prevented Chinese tech giant Alibaba from listing there five years ago.

Japan Gold's share structure is outlined below.

Those talks ended, however, for the same reason Bombardier always has trouble raising private capital — the company's dual class share structure, which cements control firmly in the hands of descendants of company founder Joseph - Armand Bombardier.

Since then, however, Ratner has lost standing with the parent company, long controlled by family members, which in late 2016 announced it was dismantling its two - class share structure and that he would leave the board.

Obviously past performance of these companies does not mean they will continue to outperform in the future and the analysis does not mean that investors should only hold equities with a dual - class share structure.

In a recent blog posting, Dr Richard Leblanc, Associate Professor in Law, Governance & Ethics at Toronto's York University said that Telus» plans to collapse its dual - share structure brought up «red flags».

This long - term point of view leads to another big defense of dual - class share structures.

It was not until the later 1980s that the preferred share structure became popular.

I'm big on share structure, I'm big on people.

The forthcoming special meeting asks investors to again consider a repeatedly rejected dual - class share structure.

Canadian telecoms company Telus» (TSE: T) plans to end its dual - class share structure could be a «potential conflict of interest» for certain executives, according to a Canadian business academic.

So I'm big on teams, I'm big on share structure.

Before we dig further into this issue, let's examine what a dual - class share structure is and how it impacts an investor.

Maurice Jackson: Tell us about your share structure, which includes warrants, options, and all the fully diluted.

A dual - class share structure essentially renders the voice of «the people» worthless but with many investors not having a particular insight or inside knowledge of a business and management having a lot of skin in the game, this might not be such a bad thing.

Unfortunately, as long as a dual - class share structure is in place, not much can be done to replace the management team.

The other argument against a dual - class share structure is really just a corollary to the previous point and that is the issue that the general shareholder's voice is not heard.

We do believe that the material outperformance of the dual - class basket does make a very strong case for holding these types of companies in a portfolio and in the least should give pause to investors that want to paint with a broad brush and ignore all companies with this share structure.

Joel: The current share structure is what I think people in the markets would say extremely tight.

If you do need to create a more complex share structure, seek legal counsel about filing Articles of Amendment.