Question 1 (Word limit: 300 words) The use of super-voting shares in private and public organisations...
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Question 1 (Word limit: 300 words) "The use of super-voting shares in private and public organisations undermines the fundamental rights of shareholders. This, combined with supermajority requirements for corporate actions enshrined within a constitution can essentially render an organisation a dictatorship ingrained in managerial entrenchment". Respond to this statement, referencing any relevant examples along the way. Note that you may wish to consider the perspectives of minority shareholders, controlling shareholders, and other stakeholders affected by an organisation. (10 marks) Question 1 (Word limit: 300 words) "The use of super-voting shares in private and public organisations undermines the fundamental rights of shareholders. This, combined with supermajority requirements for corporate actions enshrined within a constitution can essentially render an organisation a dictatorship ingrained in managerial entrenchment". Respond to this statement, referencing any relevant examples along the way. Note that you may wish to consider the perspectives of minority shareholders, controlling shareholders, and other stakeholders affected by an organisation. (10 marks)
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The statement raises valid concerns about the potential abuse of power and disenfranchisement of shareholders through the use of supervoting shares an... View the full answer
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