UPCOMING WEBINAR! What We've Learned About Dual-Class Share Structures
Join David R. Beatty, C.M., O.B.E., M.A, F.ICD, CFA, and Matt Fullbrook, the Director and Manager of the David & Sharon Johnston Centre for Corporate Governance Innovation respectively, to explore the common misconceptions about the governance of dual-class share structures. What are unique benefits and risks of dual-class structures and what sets them apart when it comes to good governance?
Date: Friday, 12 Jun 2020Time: 11:15 AM ET
About The Webinar
In conversations about effective corporate governance, dual-class issuers get no credit. While it's true that many of them don't conform to typical expectations around director independence or CEO compensation structures, those expectations evolved mostly from crises caused by widely-held single-class structures. To what extent should we hold dual-class issuers to an identical standard?
Meanwhile, new dual-class IPOs are becoming increasingly common, especially in the technology sector. At the same time, the number of IPOs overall has fallen off a cliff. If dual-class structures are here to stay, perhaps it's time to approach dual-class governance with an open mind.
Takeaways
- Examining the increasing importance and influence of dual-class issuers
- Exploring the myths and realities of governance for dual-class structures
- Highlighting governance risks and "best practices" for dual-class issuers