A shares are ordinary shares in a company that usually do not carry voting rights. Non-voting shares are issued by a company when it wishes to raise additional capital without committing itself to a fixed dividend and without diluting control of the company. They are, however, unpopular with institutional investors (who like to have a measure of control with their investments) and are therefore now rarely issued. Research A Shares
In business a controlling interest is an interest in a company that gives a person control of it. For a shareholder to have a controlling interest in a company, he would normally need to own or control more than half the voting shares. However, in practice, a shareholder might control the company with considerably less than half the shares, if the shares that he does not own or control are held by a large number of people. For legal purposes, a director is said to have a controlling interest in a company if he alone, or together with his wife, minor children, and the trustees of any settlement in which he has an interest, owns more than 20% of the voting shares in a company or in a company that controls that company. Research Controlling Interest
Voting shares are shares in a company that entitle their owner to vote at the annual general meeting and any extraordinary meetings of the company. Shares that carry voting rights are usually ordinary shares, rather than A shares or debentures. The company's articles of association will state which shares carry voting rights. Research Voting Shares
The Probert Encyclopaedia was designed, edited and programed by
Matt and Leela Probert
Abbreviations
Research A Shares
