Golden Share - History

History

The term arose in the 1980s when the British government retained golden shares in companies it privatized, an approach later taken in many other European countries and the former Soviet Union.

It was introduced in Russia (Zolotaya Aktsiya, "Золотая Акция" in Russian) by a law initiated by the President on November 16, 1992.

Read more about this topic:  Golden Share

Famous quotes containing the word history:

    So in accepting the leading of the sentiments, it is not what we believe concerning the immortality of the soul, or the like, but the universal impulse to believe, that is the material circumstance, and is the principal fact in this history of the globe.
    Ralph Waldo Emerson (1803–1882)

    There are two great unknown forces to-day, electricity and woman, but men can reckon much better on electricity than they can on woman.
    Josephine K. Henry, U.S. suffragist. As quoted in History of Woman Suffrage, vol. 4, ch. 15, by Susan B. Anthony and Ida Husted Harper (1902)

    Every library should try to be complete on something, if it were only the history of pinheads.
    Oliver Wendell Holmes, Sr. (1809–1894)