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.
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Famous quotes containing the word history:
“A man acquainted with history may, in some respect, be said to have lived from the beginning of the world, and to have been making continual additions to his stock of knowledge in every century.”
—David Hume (1711–1776)
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—Ralph Waldo Emerson (1803–1882)
“In history an additional result is commonly produced by human actions beyond that which they aim at and obtain—that which they immediately recognize and desire. They gratify their own interest; but something further is thereby accomplished, latent in the actions in question, though not present to their consciousness, and not included in their design.”
—Georg Wilhelm Friedrich Hegel (1770–1831)