But it was Henry Ford's tax-avoidance strategy two decades earlier that first established the dual-class structure.
As my colleague Eric Savitz notes, Workday has a dual-class stock structure.
The dual-class share structure at News Corp gives a strong power base to Rupert Murdoch and his close allies.
Ford declined to comment, but referred to a previously issued statement in response to a shareholder proposal to eliminate the dual-class structure.
FORBES: Ford Family's Stake Is Smaller, But They're Richer And Still Firmly In Control
's dual-class share structure, which allows CEO Murdoch to control the company through the 40 percent of voting shares he controls through a family trust.
The family answers to no one, running the company as if it were private, thanks to a dual-class stock structure that was set up when the company went public in 1969.
However, day-to-day dilution from routine equity-based employee compensation and other possible dilution, such as stock-based acquisitions, will likely undermine this dual-class structure and our aspirations for Google over the very long term.
FORBES: Google's Paranoid Governance Structure Has Made It Less Innovative, Not More
The company is out raising money again, and Mr. Goldberg said his investors, including Andreessen Horowitz, support creating a new dual-class voting structure that gives him control after the round closes as long as he stays CEO.
Workday has a dual-class stock structure.
FORBES: Workday Prices IPO At $28 Per Share In $637 Million Deal
In the mid 1930s, Henry Ford and his son, Edsel, set up the two-class structure as part of their estate planning: the charitable Ford Foundation received most of the shares, but they kept a small block of Class B shares that had voting rights, thus assuring family control.
FORBES: Ford Family's Stake Is Smaller, But They're Richer And Still Firmly In Control
The multi-share class structure gives Vanguard fund managers flexibility in how they manage their funds.
The fire moved quickly through the house, a one-story wood-frame structure in a working-class neighborhood of Corsicana, in northeast Texas.
And if it is, what do mega-events like the crash of 2008 do to the class structure?
For the class warriors of the left, fox-hunting is wrong because the structure of the hunt reflects ossified social hierarchies.
As a rational, liberal-minded sort of bloke, he considers the English class structure to be a piece of antiquated and retrogressive nonsense.
The Association of School and College Leaders has warned that confusion over its complex structure and a low take-up rate could doom the qualification to second-class status.
In an English-language class, Mohammad Bakhtiari stood in front of his pupils and discussed the architecture of the language: sentence structure, the formation of paragraphs, the conjugation of verbs.
应用推荐