ZhiyueSearch librarySaved

Economics & Finance / Business & Management / Corporate Strategy & Governance

Why Canada's Shareholder Democracy is Worse Than You Think (and It's Costing You Money)

Randall Morck

Canada has a serious 'shareholder democracy deficit.' While it shares a legal system with the US and UK, its corporate governance is closer to Latin America. This video explores how dual-class shares and pyramid structures let insiders control companies with minimal ownership, leading to lower productivity, a 'Canada Discount' in stock values, and worse employee outcomes. Based on Randall Morck's research, we break down why Canadian firms underperform and what needs to change. If you own stocks, a pension, or work in Canada, this affects you.

Site views and watch clicks are not YouTube play counts.

Comments

Comments are reviewed before publication. Do not include private information.

Report a metadata error