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Succession ’s Lessons for the UK’s Dual Class Shares Debate

Beyond the Founder as the Benign Genius

Bibliographic Data

ID12885446
AuthorsJonathan Hardman (0000-0002-1794-0424, University of Edinburgh, corresponding author)
Year2022
Volume22
Issue1
Pages83-103
Publication date2022-03-31
Open AccessYes
TypeARTICLE
VenueLaw Culture and the Humanities (JOURNAL)
Journal identifiersISSN: 1743-8721 • E-ISSN: 1743-9752
PublisherSAGE Publishing (PUBLISHER • US)
DOI10.1177/17438721221080784
OpenAlexW4221077927
LanguageEN
Citations received1

UK law is currently debating whether companies whose founders have enhanced voting rights, known as a ‘dual class share’ structure, should be allowed to be listed on the premium list of the London Stock Exchange. This article posits that those arguing for dual class shares argue, ultimately, that founders may be benign geniuses who should be freed from market forces. It argues that the television show Succession illustrates that it is not inevitable that a founder be so: the Roy family’s misdeeds echo traditional corporate law warnings about the dangers of managerial excess. Law needs to regulate the Roys as well as any benign genius

Art history · Class (philosophy · Corporate governance · Corporate law · Dual (grammatical number · Ecological succession · Economics · Epistemology · Genealogy · Genius · Law and economics · Linguistics · Management · Political science · Sociology · Stock exchange · Virtue · Corporate Insolvency and Governance · History · Law · Legal principles and applications · Philosophy · Finance

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Citations per year1
Citation span2026 - 2026 (1)
Highly citedNo

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