One share, one vote is a standard found in corporate law and corporate governance, which suggests that each person who invests money in a company has one vote per share of the company they own, equally with other shareholders. Often, shares with one vote each are referred to as common stock. Most systems of corporate law discourage shares without votes unless they have preferential dividends or liquidation rights, and shares with multiple voting rights are discouraged altogether so as to prevent the concentration of corporate power.
Historically, more corporations followed the rule of one person, one vote, so that the corporate power of wealthy investors was capped. This practice declined over the late 19th century. During the 1920s and 1930s, the practice of multiple voting shares, and voteless shares, without any preferential rights became widespread, resulting in the disenfranchisement of many ordinary investors. This was halted by stock exchange regulation and corporate law amendments in most countries.
share, vote, this, article, does, cite, sources, please, help, improve, this, article, adding, citations, reliable, sources, unsourced, material, challenged, removed, find, sources, news, newspapers, books, scholar, jstor, october, 2016, learn, when, remove, t. This article does not cite any sources Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources One share one vote news newspapers books scholar JSTOR October 2016 Learn how and when to remove this template message One share one vote is a standard found in corporate law and corporate governance which suggests that each person who invests money in a company has one vote per share of the company they own equally with other shareholders Often shares with one vote each are referred to as common stock Most systems of corporate law discourage shares without votes unless they have preferential dividends or liquidation rights and shares with multiple voting rights are discouraged altogether so as to prevent the concentration of corporate power Contents 1 Countries with this system 2 History 3 See also 4 ReferencesCountries with this system EditThe United Kingdom Canada The Commonwealth of Australia The Federal Republic of Nigeria New Zealand The People s Republic of China Jamaica Ghana United StatesHistory EditHistorically more corporations followed the rule of one person one vote so that the corporate power of wealthy investors was capped This practice declined over the late 19th century During the 1920s and 1930s the practice of multiple voting shares and voteless shares without any preferential rights became widespread resulting in the disenfranchisement of many ordinary investors This was halted by stock exchange regulation and corporate law amendments in most countries See also EditDifferential voting right shares UK company law US corporate law One member one vote and One person one vote in political partiesReferences Edit Retrieved from https en wikipedia org w index php title One share one vote amp oldid 1091250989, wikipedia, wiki, book, books, library,
