In some cases, individuals who start a business have special voting rights that help them
In some cases, individuals who start a business have special voting rights that help them exercise more control over the firm. They own a special class of stock called founders' shares. dual founders' Consider this case: Ford has a dual-class stock structure. The Ford family controls 40% of voting power with around 4% of total equity in the firm. Source: "The Two Sides of Dual-Class Shares on Investopedia Articles, http://www.investo pedia.com/articles/fundamental/04/092204.asp#axzz1SfLwY5KB Based on this example, which of the following statements is true? O Classified shares are not issued with the purpose of providing super-voting rights to a certain class of investors. O Classified shares have super-voting rights, which give more control to a certain class of investors.