Dual class shares are often created to give one group of owners more power over the company than another.

Question

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Dual class shares typically have one class of shares with voting rights and another class with limited voting rights or no voting rights. The class with voting rights is usually held by a select group of founders, executives, or insiders, who retain control over the company, while the other class of shares is held by the public. This gives the select group of owners more power over the company than the other shareholders.

Dual Class Shares Are Often Created to Give One Group