Although, seeing as they have a multi tiered share system, one could argue that they are in fact, not feeding the shareholder. I see those privileged shares as a big "F off" to the stock holders in terms of control over the firm and it's actions, to make sure that it doesn't pander to the shareholder.
Although, seeing as they have a multi tiered share system, one could argue that they are in fact, not feeding the shareholder. I see those privileged shares as a big "F off" to the stock holders in terms of control over the firm and it's actions, to make sure that it doesn't pander to the shareholder.