Dual-class Firms ( With Mingze MA) [dataset]
We identify dual-class firms in the Russell 3000 composite and collect data on the number of outstanding shares for each share class by manually examining their 10-K statements. Additionally, we identify firms that have undergone changes in their ownership structure and document the reasons for such conversions. Researchers are welcome to use this data for non-commercial purposes. We also encourage users to report any potential errors they may find for further improvement of the dataset.
** Important note: The current dataset only includes dual-class firms going public before 2019, which are the samples of firms in our paper. For public firms with IPO dates after that, we are in the process of identifying dual-class firms and will include them in the next version of our data.
Suggesting Citation: MA, M. AND ZHAO, W. (2023): "Dual-class Structure and Shareholder Voice", Working Paper