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Classes of common stock with different voting rights

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Reference no: EM131434654

Corporate Valuation

Instructions

  • Read Bloomberg Business (2004, March 28). One share, many votes located at. https://www.bloomberg.com/news/articles/2004-03-28/one-share-many-votes

Part 1: In the above article, the author discusses the issue of companies that offer two or more classes of common stock with different voting rights. Discuss whether this system is democratic or undemocratic and whether you think this system is a good idea in about 350 words? Are you a supporter of the dual class system or a critic? 

Part 2: Choose one of the following purposes of a business and give an argument for it in about 350 words. The sole purpose of business is to generate profit for shareholders. The primary purpose of a business is to create and keep customers. The primary purpose of business is to solve people's problems. 

Submit your response in an MS WORD DOC.

Reference no: EM131434654

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