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R., and D. Ferreira, &#8220;One share \u2013 One vote: The empirical evidence&#8221;, Review of Finance 12 (2008): 51-91.<\/p>\n<p>Baran, L., A. Forst, and M. T. Via, &#8220;Dual class share structure and innovation&#8221;, Available at SSRN 3183517 (2019).<\/p>\n<p>Hauser, S., and B. Lauterbach, &#8220;The value of voting rights to majority shareholders: Evidence from dual-class stock unifications&#8221;, Review of Financial Studies 17.4 (2004): 1167-1184.<\/p>\n<p>Howell, J. W., &#8220;The dual class stock structure in the United States&#8221;, PhD thesis, University of Georgia (2010).<\/p>\n<p>Howell, J. W. &#8220;The survival of the US dual class share structure&#8221;, Journal of Corporate Finance 44 (2017): 440-450.<\/p>\n<p>Masulis, R. W., C. Wang, and F. Xie, &#8220;Agency problems at dual-class companies&#8221;, The Journal of Finance 64.4 (2009): 1697-1727.<\/p>\n<p>Maury, B., and A. Pajuste. &#8220;Private benefits of control and dual-class share unifications.&#8221; Managerial and Decision Economics 32.6 (2011): 355-369.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>\u9112\u5b8f \u6e2f\u5927\u7d93\u7ba1\u5b78\u9662\u91d1\u878d\u5b78\u6559\u6388<\/strong><\/p>\n<p>\uff08\u672c\u6587\u540c\u6642\u65bc\u4e8c\u96f6\u4e8c\u4e00\u5e74\u4e09\u6708\u5341\u4e03\u65e5\u8f09\u65bc\u300a\u4fe1\u5831\u300b\u300c\u9f8d\u864e\u5c71\u4e0b\u300d\u5c08\u6b04\u3002\uff09<\/p>\n","protected":false},"featured_media":0,"template":"","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"tags":[656,1641],"class_list":["post-138661","thought-leadership","type-thought-leadership","status-publish","hentry","tag-finance-tc","tag-1641","leadership-topic-categories-hkej-column-tc","in-the-media-topic-categories-faculty-tc"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" 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\u53c3\u8003\u6587\u737b Adams, R., and D. Ferreira, &quot;One share \u2013 One vote: The empirical evidence&quot;, Review of Finance 12 (2008): 51-91. Baran, L., A. Forst, and M. T. 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\u53c3\u8003\u6587\u737b Adams, R., and D. Ferreira, &quot;One share \u2013 One vote: The empirical evidence&quot;, Review of Finance 12 (2008): 51-91. Baran, L., A. Forst, and M. T. Via, &quot;Dual class share structure and\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/www.hkubs.hku.hk\/tc\/research\/thought-leadership\/hkej-column\/embracing-the-dual-class-share-structure-in-asia\/\" \/>\n\t\t<meta property=\"article:published_time\" content=\"2021-03-18T01:01:12+00:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2021-03-17T03:23:30+00:00\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary\" \/>\n\t\t<meta name=\"twitter:title\" content=\"\u4e9e\u6d32\u8fce\u4f86\u96d9\u91cd\u80a1\u6b0a\u67b6\u69cb\u7684\u5951\u6a5f - HKU Business School\" \/>\n\t\t<meta name=\"twitter:description\" 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Hathaway\uff09\u3001\u8c37\u6b4c\u3001\u81c9\u66f8\u7b49\u30022009\u81f32013\u5e74\u671f\u9593\uff0c\u7f8e\u570b\u9996\u6b21\u516c\u958b\u62db\u80a1\u7684\u516c\u53f8\u4e2d\u5c31\u670916%\u63a1\u7528\u96d9\u91cd\u80a1\u6b0a\u67b6\u69cb\u3002\u81f3\u65bc\u6b50\u6d32\uff08\u4f8b\u5982\u745e\u5178\u3001\u4e39\u9ea5\u3001\u745e\u58eb\u3001\u610f\u5927\u5229\u3001\u82ac\u862d\uff09\uff0c\u96d9\u91cd\u80a1\u6b0a\u67b6\u69cb\u96d6\u7136\u50b3\u7d71\u4e0a\u6bd4\u7f8e\u570b\u66f4\u70ba\u98a8\u884c\uff0c\u4f46\u7e3d\u7684\u8da8\u52e2\u662f\u9010\u5e74\u4e0b\u964d\u3002\u6839\u64da\u6a5f\u69cb\u80a1\u6771\u670d\u52d9\uff08Institutional Shareholder 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\u53c3\u8003\u6587\u737b Adams, R., and D. Ferreira, &quot;One share \u2013 One vote: The empirical evidence&quot;, Review of Finance 12 (2008): 51-91. Baran, L., A. Forst, and M. T. Via, &quot;Dual class share structure and\" \/>\n\t\t<script type=\"application\/ld+json\" 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\\u53c3\\u8003\\u6587\\u737b Adams, R., and D. Ferreira, \\\"One share \\u2013 One vote: The empirical evidence\\\", Review of Finance 12 (2008): 51-91. Baran, L., A. Forst, and M. T. 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\u53c3\u8003\u6587\u737b Adams, R., and D. Ferreira, \"One share \u2013 One vote: The empirical evidence\", Review of Finance 12 (2008): 51-91. Baran, L., A. Forst, and M. T. 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\u53c3\u8003\u6587\u737b Adams, R., and D. Ferreira, \"One share \u2013 One vote: The empirical evidence\", Review of Finance 12 (2008): 51-91. Baran, L., A. Forst, and M. T. 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\u53c3\u8003\u6587\u737b Adams, R., and D. Ferreira, &quot;One share \u2013 One vote: The empirical evidence&quot;, Review of Finance 12 (2008): 51-91. Baran, L., A. Forst, and M. T. Via, &quot;Dual class share structure and","og:url":"https:\/\/www.hkubs.hku.hk\/tc\/research\/thought-leadership\/hkej-column\/embracing-the-dual-class-share-structure-in-asia\/","article:published_time":"2021-03-18T01:01:12+00:00","article:modified_time":"2021-03-17T03:23:30+00:00","twitter:card":"summary","twitter:title":"\u4e9e\u6d32\u8fce\u4f86\u96d9\u91cd\u80a1\u6b0a\u67b6\u69cb\u7684\u5951\u6a5f - HKU Business 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\u53c3\u8003\u6587\u737b Adams, R., and D. Ferreira, &quot;One share \u2013 One vote: The empirical evidence&quot;, Review of Finance 12 (2008): 51-91. Baran, L., A. Forst, and M. T. 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