A share in a company that gives control of at least 51 per cent of the voting rights, especially when held by the government.
〈英〉金股(尤指政府所持有的掌握了公司至少51%投票权的股份)
Example sentencesExamples
While golden shares and other takeover protection may keep predators at bay, European companies could still face a pummeling in global markets.
The Government will keep a golden share allowing it to veto possible decisions for a change in the line of business, the head office, the name of the company or a resolution for liquidation, among other important decisions.
It should therefore be enshrined in the constitution that government should always retain a golden share in all privatised institutions which in turn will give it veto powers.
The defenders of golden shares point out that they enable governments to stop big, state-owned and subsidised firms gobbling up companies in their sector all over Europe.
The state would remain in control of important corporate decisions by retaining a golden share, he said.