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Any studies out there of returns on companies that have made “governance concessions” as you describe them? I’d wager they outperform substantially. WeWork not
by rajacombinator 7y ago
Any studies out there of returns on companies that have made “governance concessions” as you describe them? I’d wager they outperform substantially. WeWork not being a good example, since it was obv a well crafted scam from the beginning.
- fragmede 7y agoAny company that offers preferred stock and non-voting stock is participating in some form of "governance concessions", a number of which are hugely successful (eg Google's stock-split in 2012). WeWork went a step or two further than most with their LLC and holding company shenanigans before this announcement.