Difference between revisions of "Founders' share"
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==Definitions== | ==Definitions== | ||
According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | ||
| − | :[[Founders' shares]]. Stock owned by the firm's founders that have sole voting rights but restricted dividends for a specified number of years. | + | :'''[[Founders' shares]]'''. Stock owned by the firm's founders that have sole voting rights but restricted dividends for a specified number of years. |
| + | According to [[Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition)]], | ||
| + | :[[Founders' share]]s. Stock owned by the firm's founders that enables them to maintain control over the company without having to own a majority of stock. | ||
==Related concepts== | ==Related concepts== | ||
Latest revision as of 00:04, 2 November 2019
Founders' share is a stock owned by the firm's founders that have sole voting rights but restricted dividends for a specified number of years.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Founders' shares. Stock owned by the firm's founders that have sole voting rights but restricted dividends for a specified number of years.
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Founders' shares. Stock owned by the firm's founders that enables them to maintain control over the company without having to own a majority of stock.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
