4 ms·
Correlation is not causation, and the period of time that dual class has been used this way is not long enough to establish causation. Wait until there’s a real
by awinder 7y ago
Correlation is not causation, and the period of time that dual class has been used this way is not long enough to establish causation. Wait until there’s a real crisis that runs up against the dual class share issue. That’s when the wheels will come off.
- unreal37 7y agoIsn't Ford 100 years old? Not long enough? The Ford family has 40% voting power and 2% share ownership.
- tim333 7y agoAlso the alternative arrangement where things end up controlled by wall street types trying to boost things short term to increase their bonuses often has not worked out great over the long term.
- awinder 7y agoFord was around for like 53 years before they publicly offered stock. And they’re a success story for dual class sure. Check out hollinger for a case where dual class didn’t work out great. Theres definitely not enough source data to say that dual class is responsible for positive outcome.