Different classes of stocks are usually issued in order to
A)maintain ownership control, by holding the class of stock with greater voting rights.
B)pay less dividends to different classes of stock.
C)extract perquisites without the other class of stockholders knowing.
D)maintain ownership control by holding the class of stock with greater voting rights and pay less dividends to different classes of stock.

Question

Quizplus · Accepted Answer

Different classes of stocks are often issued to maintain ownership control, as certain classes may have greater voting rights, allowing original owners or founders to retain control over company decisions.

Different Classes of Stocks Are Usually Issued in Order to