Ford Motor Co. and TheFacebook, Inc. have both created dual classes of stock so that the founders
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Ford Motor Co. and TheFacebook, Inc. have both created dual classes of stock so that the founders can continue to control their company even after it goes public. Should corporate laws permit this? Should some shareholders be more equal than others? If the founders want to control a company, why shouldn’t they buy enough regular stock to do so?
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Corporate law basically deals with operations of corporations and formation Corporate law is related ...View the full answer
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Related Book For
Business Law and the Legal Environment
ISBN: 978-1133587491
5th edition
Authors: Jeffrey F. Beatty, Susan S. Samuelson
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