A share with special voting rights that give it peculiar power vis-à-vis other share. The term applies particularly to share retained by a government after privatisation. If a government wishes to sell off a company in a sensitive industry (e.g. defense) and yet retain control, it can hold on to a golden share. This might give it the right to veto any takeover bid.
Share with unusual rights, often allowing exiting/ minority shareholders disproportionate control or rights to future capital proceeds.
a share of stock with special rights which is retained by the government after privatization
If a government retains rights to block certain corporate actions by a privatized firm (for instance, to prevent its takeover by a foreign entity) it is said to retain a golden share.
A type of share that gives its shareholder veto power over changes to the company's charter.
A Golden Share is a nominal share which is able to outvote all other shares in certain specified circumstances, often held by a government organization, in a government company undergoing the process of privatization and transformation into a stock-company.