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

Abstract

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