The bargain between shareholders and companies is being eroded
“And in the US, 36 per cent of new listings in the first half of 2026 had dual-class shares, the highest share recorded since the Council of Institutional Investors began tracking this in 2017.”
[COMMENTARY] This is an important article. It’s written by the chief executive of Norges Bank Investment Management — a huge investment manager. Shareholder rights are being diluted almost everywhere. Yet, rebellion against such changes is muted!
The bargain between shareholders and companies is being eroded, by Nicolai Tangen, September 28, 2026, The Financial Times, UK.

