ICEV

ICEV featured in The Times: Elon Musk's SpaceX float shows why 'one share, one vote' matters

ICEV Chair, Caroline Escott, argues that UK companies must not follow suit after SpaceX will keep 85% of voting power for its founder after its initial public offering.

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In this article, Caroline Escott, comments:

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"While dual-class structures are a global challenge, their birthplace is the US, where it’s expected these AI behemoths will all go public. With an economy seeking growth and calls to make the London stock exchange more attractive, here in the UK we must resist the temptation to undermine the governance standards that distinguish our financial markets. These standards help investors, including pension funds managing readers’ retirement savings, engage with corporate decisions in the financial interests of beneficiaries."

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Read The Times article, by Caroline Escott, in full‍

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