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.).

Deliveroo is an online food delivery company founded by Will Shu and Greg Orlowski in 2013 in London.

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

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