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Founders without Limits: Dual-Class Stock and the Premium Tier of the London Stock Exchange (International Corporate Law and Financial Market Regulation) - Softcover

 
9781108970624: Founders without Limits: Dual-Class Stock and the Premium Tier of the London Stock Exchange (International Corporate Law and Financial Market Regulation)
  • PublisherCambridge University Press
  • Publication date2024
  • ISBN 10 1108970621
  • ISBN 13 9781108970624
  • BindingPaperback
  • Number of pages486

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Paperback. Condition: NEW. Paperback. Big Tech has flourished on the US public markets in recent years with numerous blue-chip IPOs, from Google and Facebook, to new kids on the block such as Snap, Zoom, and Airbnb. A key trend is the burgeoning use of dual-class stock. Dual-class stock enables founders to divest of equity and generate finance for growth through an IPO, without losing the control they desire to pursue their long-term, market-disrupting visions. Bobby Reddy scrutinises the global history of dual-class stock, evaluates the conceptual and empirical evidence on dual-class stock, and assesses the approach of the London Stock Exchange and ongoing UK regulatory reforms to dual-class stock. A policy roadmap is presented that optimally supports the adoption of dual-class stock while still protecting against its potential abuses, which will more effectively attract high-growth, innovative companies to the UK equity markets, boost the economy, and unleash the true potential of 'founders without limits'. Straddling the disciplines of company law, economics, business and finance, this book explores dual-class stock, one of the hottest corporate governance topics, in the context of founders and the UK tech-scene, as well as comprehensively covers the subject's international breadth as a guide for lecturers, academics, practitioners and policymakers. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9781108970624

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