Question Details

	Username: Maria Rating: Asked to: Apinya Kamon Date Created: 31 Mar 2017
Category	28
Tag	Financial
Question	Please give the definition of 'Golden Share'.

Advice from Guru

Hello Maria,

A type of share that gives its shareholder veto power over changes to the company's charter. A golden share holds special voting rights, giving its holder the ability to block another shareholder from taking more than a ratio of ordinary shares. Ordinary shares are equal to other ordinary shares in profits and voting rights. These shares also have the ability to block a takeover or acquisition by another company.

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