Solving the second-class stock conundrum

July 1, 2014

Entrepreneurs want super-voting rights to execute their vision without bother from uppity investors. “Class V” shares, with ballot power that lapses over time, would be a way to minimize this violation of democratic capitalism. A decade, say, would give founders their chance.

Zuckerberg and Murdoch rock air-governance shows

June 11, 2013

Facebook breezed through its first annual meeting. News Corp’s shareholders agreed to split the company. Both may have served the greater good, but when founders dominate the voting, it’s not a given. Other stock owners are, for the most part, merely along for the ride.