Twin Class Inventory: Definition, Construction, and Controversy By Adam Hayes Up to date Apr 05, 2022


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  1. Ford. “2021 Proxy Statement,” Web page 98. Accessed Nov. 24, 2021.

  2. Echostar. “United States Securities and Exchange Commission, Schedule 14A, EchoStar Corporation,” Web page 4, 6, and 15. Accessed Nov. 24, 2021.

  3. U.S. Securities and Alternate Fee. “Perpetual Dual-Class Stock: The Case Against Corporate Royalty.” Accessed Nov. 24, 2021.

  4. Harvard Regulation Faculty Discussion board on Company Governance. “Dual-Class Shares: Governance Risks and Company Performance.” Accessed Nov. 24, 2021.

  5. Alphabet. “2004 Founders’ IPO Letter.” Accessed Nov. 24, 2021.

  6. S&P Dow Jones Indices. “S&P Dow Jones Indices Announces Decision on Multi-Class Shares and Voting Rules.” Accessed Nov. 24, 2021.

  7. FTSE Russell. “FTSE Russell Voting Rights Consultation – Next Steps.” Accessed Nov. 24, 2021.

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