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Question 8 (1 point) Which of the following statement is not true? Before the P&G-Wella case, German investors favored preference shares to ordinary shares. As

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Question 8 (1 point) Which of the following statement is not true? Before the P&G-Wella case, German investors favored preference shares to ordinary shares. As shown by Google's case, dual class share is a symptom of bad corporate governance practice. Divergence of cash flow rights and control rights exposes managers to temptations to abuse control rights to manipulate cash flow rights. Divergence of cash flow rights and control rights can be achieved by dual class shares

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