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:
“The principle that human nature, in its psychological aspects, is nothing more than a product of history and given social relations removes all barriers to coercion and manipulation by the powerful.”
—Noam Chomsky (b. 1928)
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