A golden share is a nominal share which is able to outvote all other shares in certain specified circumstances, often held by a government organization, in a government company undergoing the process of privatization and transformation into a stock-company.
Read more about Golden Share: Purpose, History, Legal Challenges
Famous quotes containing the words golden and/or share:
“She stood breast high amid the corn,
Clasp’d by the golden light of morn,”
—Thomas Hood (1799–1845)
“It is too late in the century for women who have received the benefits of co-education in schools and colleges, and who bear their full share in the world’s work, not to care who make the laws, who expound and who administer them.”
—J. Ellen Foster (1840–1910)