voting and nonvoting shares

简明释义

有投票权和无投票权的股票

英英释义

例句

1.The board decided to issue more voting and nonvoting shares to fund the new project.

董事会决定发行更多的有投票权和无投票权的股票来资助新项目。

2.Investors holding voting and nonvoting shares have different rights in the company's decision-making process.

持有有投票权和无投票权的股票的投资者在公司的决策过程中享有不同的权利。

3.The distinction between voting and nonvoting shares can significantly impact shareholder influence.

在有投票权和无投票权的股票之间的区别可能会显著影响股东的影响力。

4.When voting on major issues, only voting shares will be counted while nonvoting shares will not participate.

在对重大问题进行投票时，只有有投票权的股票会被计算，而无投票权的股票将不参与投票。

5.The company issued both voting and nonvoting shares to attract a wider range of investors.

该公司发行了有投票权和无投票权的股票，以吸引更广泛的投资者。

作文

In the world of finance and corporate governance, understanding the distinction between voting and nonvoting shares is crucial for both investors and company management. Voting shares are those that grant shareholders the right to vote on important corporate matters, such as electing the board of directors or approving mergers and acquisitions. This type of share is typically held by individuals or entities that wish to have a say in the company's direction and decision-making processes. On the other hand, nonvoting shares do not provide these voting rights, meaning that shareholders holding these shares cannot influence corporate policies through votes. However, they may still receive dividends and benefit from the company's financial performance, similar to their voting counterparts.The existence of voting and nonvoting shares can be particularly advantageous for companies looking to raise capital while maintaining control. By issuing nonvoting shares, founders or existing shareholders can retain the majority of voting power, thus ensuring that they can steer the company according to their vision without interference from outside investors. This structure is often seen in companies where the founders want to maintain control over their business decisions while still attracting investments from the public or institutional investors.For instance, technology companies, which often have a significant amount of intellectual property and innovation at stake, may prefer to issue nonvoting shares. This allows them to secure funding while protecting their strategic direction from potential conflicts with shareholders who might prioritize short-term gains over long-term growth. In contrast, investors who purchase voting shares are usually those who are more interested in having a direct impact on the company's governance and future.However, the presence of voting and nonvoting shares can also lead to tensions within a company's shareholder base. Shareholders with nonvoting shares may feel disenfranchised, as they lack the ability to influence key decisions that affect their investments. This can result in dissatisfaction and calls for reforms in corporate governance structures, especially if the company faces challenges or if its performance declines. Moreover, the market perception of nonvoting shares can sometimes lead to lower valuations compared to voting shares, as investors may view them as less desirable due to the lack of voting rights.Furthermore, regulatory bodies in some jurisdictions have started scrutinizing the use of voting and nonvoting shares. They argue that such structures can undermine the principle of equal treatment among shareholders, as those with nonvoting shares are not afforded the same level of participation in corporate governance. As a response to these concerns, some companies have begun to explore alternative structures that balance the need for capital with fair representation for all shareholders.In conclusion, the distinction between voting and nonvoting shares plays a significant role in corporate governance and investment strategies. While voting shares empower shareholders to influence company decisions, nonvoting shares allow companies to raise capital without relinquishing control. Investors must carefully consider the implications of these share types when making investment decisions, as they can affect both the potential returns and the level of influence they have within a company. Ultimately, the choice between voting and nonvoting shares reflects broader themes of power, control, and the complex dynamics of modern corporate structures.

在金融和公司治理的世界中，理解投票股份和非投票股份之间的区别对投资者和公司管理层至关重要。投票股份是指赋予股东在重要公司事务上投票权的股份，例如选举董事会或批准合并与收购。这种类型的股份通常由希望对公司方向和决策过程有发言权的个人或实体持有。另一方面，非投票股份则不提供这些投票权，这意味着持有这些股份的股东无法通过投票影响公司的政策。然而，他们仍然可以像持有投票股份的股东一样获得分红，并从公司的财务表现中受益。拥有投票股份和非投票股份的结构对于希望筹集资金但保持控制权的公司来说尤其有利。通过发行非投票股份，创始人或现有股东可以保留大部分投票权，从而确保他们能够按照自己的愿景引导公司，而不受外部投资者的干扰。这种结构通常出现在那些希望保持对业务决策控制权的创始人所领导的公司中，同时吸引公众或机构投资者的投资。例如，技术公司通常拥有大量知识产权和创新，因此可能更愿意发行非投票股份。这使得他们能够在保护战略方向的同时获得资金，而不会因股东可能优先考虑短期收益而产生冲突。相比之下，购买投票股份的投资者通常更希望直接影响公司的治理和未来。然而，投票股份和非投票股份的存在也可能导致公司股东基础中的紧张关系。持有非投票股份的股东可能会感到被剥夺权利，因为他们缺乏影响关键决策的能力，这些决策直接影响到他们的投资。这可能导致不满，并呼吁改革公司治理结构，特别是在公司面临挑战或业绩下降时。此外，在某些司法管辖区，市场对非投票股份的看法有时会导致其估值低于投票股份，因为投资者可能会因缺乏投票权而将其视为不太理想的选择。此外，一些监管机构开始对使用投票股份和非投票股份进行审查。他们认为，这种结构可能破坏股东之间平等待遇的原则，因为持有非投票股份的股东没有享有相同水平的公司治理参与权。作为对这些担忧的回应，一些公司开始探索平衡资本需求与所有股东公平代表权的替代结构。总之，投票股份和非投票股份之间的区别在公司治理和投资策略中发挥着重要作用。虽然投票股份使股东能够影响公司决策，但非投票股份允许公司在不放弃控制权的情况下筹集资金。投资者在做出投资决策时必须仔细考虑这些股份类型的影响，因为它们可能影响潜在回报和在公司内的影响力水平。最终，选择投票股份和非投票股份反映了权力、控制和现代公司结构复杂动态的更广泛主题。