CƠ CHẾ CỔ PHẦN ĐA TẦNG VÀ NHỮNG VẤN ĐỀ PHÁP LÝ PHÁT SINH

Abstract

The dual‑class share structure is one of the optimal methods of capitalmobilisation in joint‑stock companies, intended to meet the diverse needs of differentshareholder groups. While the design of distinct share classes serves the company’seconomic objectives, it may simultaneously entail certain risks for investors. This articleanalyses the legal provisions governing share structures in joint‑stock companies,evaluates their advantages and drawbacks, and proposes solutions to remedy legalloopholes within the context of Viet Nam’s capital‑market development..Keywords: Dual-class share, preference shares, ordinary shares, shareholderrights, Enterprise Law.