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Dual-class share structures 双重股份结构 The cost of control 控制的成本 The trouble with non-voting shares 没有表决权的股票带来的麻烦 SHAREHOLDERS in News Corporation have only themselves to blame. 资讯集团的股东只能怪他们自己。 When they entrusted Rupert Murdoch with their money, they knew he would not let them tellhim what to do with it. 当初他们信任鲁伯特默多克，把自己的钱交给他时并没指望默多克会按照他们的意愿投资。 The Murdoch family owns about 12% of the company but controls almost 40% of the votes,through a special class of shares which have superior voting rights. 默多克家族拥有公司12%的股份，不过通过一个特设的控股阶层该阶层有优先投票权掌控着40%的选票。 Such dual-class share structures are quite common,especially at media firms. 如此这般的双重阶级股份结构很普遍，尤其是在多媒体行业。 They can shield managers from stockmarket short-termism and hostile takeovers. But theycause problems, too. 这样经理人能避开短期证券交易和不怀好意的接管，但问题也是有的。 | 
