释义 |
Definition of golden share in English: golden sharenoun British A share in a company that gives control of at least 51 per cent of the voting rights, especially when held by the government. Example sentencesExamples - While golden shares and other takeover protection may keep predators at bay, European companies could still face a pummeling in global markets.
- The Government will keep a golden share allowing it to veto possible decisions for a change in the line of business, the head office, the name of the company or a resolution for liquidation, among other important decisions.
- It should therefore be enshrined in the constitution that government should always retain a golden share in all privatised institutions which in turn will give it veto powers.
- The defenders of golden shares point out that they enable governments to stop big, state-owned and subsidised firms gobbling up companies in their sector all over Europe.
- The state would remain in control of important corporate decisions by retaining a golden share, he said.
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