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

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