SNS #3
Stock Options
NON-VOTING-RIGHTS
3.2.1 - Existence of stock options with non-voting rights for startups
Ownership of shares is usually tied to voting rights. However, with regards to employee SO, this custom may become an impediment. Having shares associated with voting rights can lead to entropies such as an excessive number of people involved in core decision-making processes, potentially interfering with the company’s smooth management and governance. It is therefore advised to offer SO without voting rights to mitigate potential management problems in the company.
- 2024
- 2023
3.2.2 - Minority shareholders and bureaucracy
Ownership of shares is usually tied to voting rights. However, with regards to employee SO, this custom may become an impediment. Having shares associated with voting rights can lead to entropies such as an excessive number of people involved in core decision-making processes, potentially interfering with the company’s smooth management and governance. It is therefore advised to offer SO without voting rights to mitigate potential management problems in the company.
