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Multiple Voting Shares in Germany

Sebastian Mock

European Company Law2025https://doi.org/10.54648/eucl2025019article
ABDC C
Weight
0.50

What the paper says

In this article, I examine the reintroduction of multiple voting shares (MVS) in German stock corporation law. I trace their historical development, from widespread use in the Weimar Republic to their near-total prohibition from 1937 onward. I then analyse the cautious 2023 reform that lifted the ban, allowing MVS under a highly restrictive regime. Finally, I argue that while the new rules mark a significant shift, their practical impact may be limited without further liberalisation.

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https://doi.org/https://doi.org/10.54648/eucl2025019

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@article{sebastian2025,
  title        = {{Multiple Voting Shares in Germany}},
  author       = {Sebastian Mock},
  journal      = {European Company Law},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.54648/eucl2025019},
}

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Multiple Voting Shares in Germany

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Evidence weight

0.50

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.50 × 0.4 = 0.20
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.