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What we stand for
Unequal voting rights are an increasingly important issue for the capital markets of several jurisdictions.
We encourage companies to list with a one share, one vote structure to support better long-term financial performance in the interests of individual savers and for the capital markets as a whole.
Become a member
Our members are typically institutional investors as well as investor-governed, non-profit organisations.
Our collective concern is around the detrimental impact of unequal voting rights on shareholder democracy and long-term financial performance. Together, we are influencing a critical shift in how companies enter the public market – which is ideally with a one share, one vote structure.
What makes us different
ICEV thinks laterally and intentionally about what the key opportunities for influence really are.
We engage with policymakers and financial market participants as well as companies (and their advisers) before they list – when they’re still open to conversations about capital structure.
In a report published in November 2024, ICEV presents the range of approaches taken by investors with respect to voting on companies with dual-class share structures.
ICEV statement signatories ask Tesla to commit to proportionate voting rights, in light of recent comments from their CEO regarding dual-class share structures and the findings from the January Delaware Court of Chancery around the current Tesla board.