Lu, L., ‘Do investors vote with their feet? Commenting on Deliveroo’s IPO on London Stock Exchange and the dual-class share structure’ (2021) 42 Company Lawyer 332 (with Yang, S.).
Abstract: This article discusses what accounts for the increasing popularity of the dual-class share structure (DCS) globally, and explains why the Deliveroo’s IPO in London underperformed as it might contravene the Environmental, Social, and Governance (ESG) investing principle.
Keywords: DCS, Dual-class share, London Stock Exchange, Deliveroo, ESG, Listing Rules, Securities Regulation, Capital Markets, Financial Regulation, IPO, initial public offerings
Suggested Citation:Lu, Lerong and Yang, Shunqi, Do Investors Vote With Their Feet? Commenting on Deliveroo’s IPO on London Stock Exchange and the Dual-Class Share Structure (September 18, 2021). (2021) 42 COMPANY LAWYER 332-333, Available at SSRN: https://ssrn.com/abstract=3926106