1) Investors in firms with dual-class share structures are not forced either to hold or purchase the more widely held shares that have reduced or no voting rights. They purchase them in the full knowledge that the shares embody reduced property rights. Why?
5) One possibility is that dual-class arrangements approximate the longer-term focus of a private corporation, while still permitting access to, and access by, investors in public capital markets.
@Mootz613@cogeco Is it too much to ask that Kingston customers be given an expected date/time of service restoration? Or at least some sort of answer or acknowledgement? This really is a text book case of how not to handle outages.
'“Hypocrisy” ... is simply a display of power, so the more blatant it is the better. Hypocrisy is a concrete demonstration of living without having to fear consequences.'
https://t.co/xUDAAIdWVM
... For example, if the market expects a decline of inflation, is that because the market considers current CB actions sufficient and further action unnecessary or is it because the market expects further action?
In the absence of a clear, consistent, credible and economically relevant monetary target, it is not possible for a CB to effectively coordinate monetary policy actions with market expectations/forecasts. ... https://t.co/19U1FvH4ZD
@lutschij@Urgandasubtle5 A problem with online booksellers is that I miss the fixtures — the floor-to-ceiling bookcases and sliding ladders. The ladders introduced an element of élan.
The only cartels that are economically discoordinating are cartels made up of governments (or government-supported enterprises).
https://t.co/8Nf9gNiFIk