The Intervention and Impact of Digital Society on the Governance of Dual Equity Structure in Enterprises

The digital society has become a prominent feature of today's era. Its highly interconnected, transparent, and intelligent characteristics are profoundly changing the governance mode and operational logic of enterprises. This article aims to explore the intervention and impact of digital society on the governance of dual equity structure in enterprises, and provide practical guidance for the sustainable development of enterprises. The dual equity structure, as a special corporate governance model, is characterized by granting different voting rights to different types of shares, achieving absolute control over the company by the management. However, this structure has also sparked many controversies, such as the possibility of management using control to harm shareholder interests, leading to management dictatorship, and so on. In the context of the digital society, enterprises face new challenges and opportunities in terms of information transparency, decision-making efficiency, and governance mechanisms.

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Publication Details

Journal
Revista de Cercetare si Interventie Sociala
Published
2024-09-15
DOI
https://doi.org/10.33788/rcis.86.3
Primary Topic
FinTech, Crowdfunding, Digital Finance
Type
article
Field-Weighted Citation Impact
0.00

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article

The Intervention and Impact of Digital Society on the Governance of Dual Equity Structure in Enterprises

K. Wang, Ying Huang, Yating Yang, S J Lin et al.
Revista de Cercetare si Interventie Sociala
FinTech, Crowdfunding, Digital Finance
article

The Intervention and Impact of Digital Society on the Governance of Dual Equity Structure in Enterprises

K. Wang, Ying Huang, Yating Yang, S J Lin, Kangqiao XU, H. Liao
article en

Abstract

The digital society has become a prominent feature of today's era. Its highly interconnected, transparent, and intelligent characteristics are profoundly changing the governance mode and operational logic of enterprises. This article aims to explore the intervention and impact of digital society on the governance of dual equity structure in enterprises, and provide practical guidance for the sustainable development of enterprises. The dual equity structure, as a special corporate governance model, is characterized by granting different voting rights to different types of shares, achieving absolute control over the company by the management. However, this structure has also sparked many controversies, such as the possibility of management using control to harm shareholder interests, leading to management dictatorship, and so on. In the context of the digital society, enterprises face new challenges and opportunities in terms of information transparency, decision-making efficiency, and governance mechanisms.

Revista de Cercetare si Interventie SocialaVol. 86
Guangxi University
Openalex Percentile: Top 76%
FinTech, Crowdfunding, Digital Finance
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