"Going forward, eligible companies need to have at least 5% of voting rights held by the public. Companies with multiple share classes already in one of the indices will have until September 2022 to change their structures or face removal." ( https://www.dividend.com/news/2017/11/03/companies-multiple-... ). Same link as before.
Do I not understand what "voting rights" means in this context? Doesn't this leave the door open for a CEO to retain 95% of voting stock, when all they need to maintain control is 50% + 1 share?
