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In business and finance, a golden share is a type of share of stock that lets its owner outvote all other shareholders in certain circumstances. Golden shares often belong to the government when a government-owned company is undergoing the process of privatization and transformation into a stock -company.
Golden share is one which is able to outvote all other shares in certain specified circumstances. Minority interest is a principle of corporate accounting where a shareholder may hold less than 50% of the stock but, through special voting rights, may be able to block proposals by the majority shareholders.
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The Chinese government has taken a "golden share" in a domestic subsidiary of tech giant Tencent Holdings, a company registration database showed, the latest sign of China stepping up its control ...
(Reuters) - Entrepreneur and former Los Angeles Dodgers owner Frank McCourt's Project Liberty and its consortium of partners in The People's Bid said on Thursday they proposed to make a formal bid ...
Commission v Germany (2007) C-112/05 is an EU law case, relevant for UK enterprise law, concerning European company law.Following a trend in cases such as Commission v United Kingdom, [1] and Commission v Netherlands, [2] it struck down public oversight, through golden shares of Volkswagen by the German state of Lower Saxony.
Trump’s administration has promised to slash mortgage rates and home prices by instituting mass deportations of undocumented immigrants and easing federal regulations around building and land use.
In recent years, its share in the total turnover on Kazakhstan's interbank currency market has been between 50 and 83%. This is where the average-weighted USD/KZT exchange rate is fixed, which is used as the official exchange rate by the National Bank of the Republic of Kazakhstan the next day.