Founders' share
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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.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.