Catchword: golden share

Filed Under: English, Money & Finance

Part of Speech: n.

Quotation: Governments often retain control of privatized companies by granting themselves “special rights”—also known as “golden shares”—that go beyond the rights associated with normal shareholding. Through such rights they often restrict foreign ownership, limit voting rights or influence management decisions in the companies concerned.

Article or Document Title:
“The European Corporate Governance Action Plan: Setting priorities” (URL)

Author:
Charlie McCreevy

Article, Document, Publication, Web Site:
EUROPA

Dateline:
Luxembourg

Date of Publication:
June 28, 2005

This catchword has yet to be researched.