Recently several technology firms including facebook google


Recently several technology firms, including Facebook, Google, and Snapchat, have come under fire for issuing multiple classes of shares: some shares, held primarily by these companies' founders or management, with voting rights; and others, traded publicly, with reduced or no voting rights. Is this a corporate governance problem? Explain why or why not (in a manner that demonstrates understanding of corporate governance and employs vocabulary from Chapter 12). Would you still invest in these companies?

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Financial Management: Recently several technology firms including facebook google
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