If a firm has class A and class B common stock outstanding,it usually means that ________.

Name: If a firm has class A and class B common stock outstanding,it usually means that ________.
Brand: Quizplus
Rating: 4.8 (43 reviews)

Question

Quizplus · Accepted Answer

The most common reason for a company to have multiple classes of common stock is to give the different classes different voting rights. Typically, Class A shares will have more voting power per share than Class B shares, for example. The other choices are less common reasons for multiple classes of common stock.

If a Firm Has Class a and Class B Common