MSCI indexes will not restrict stocks that deny shareholders a vote | Reuters

Index provider MSCI Inc (MSCI.N) said on Tuesday it would allow companies that give shareholders unequal voting rights to remain on its current equity indexes, backing down from an earlier proposal that would have reduced exposure to such companies.But MSCI, whose indexes guide hundreds of billions of dollars in assets, said it would launch a…

FTSE Russell Index Considers Booting Firms With Lots of Non-Voting Shares – WSJ

A proposal being floated by a large index firm could force finance chiefs at companies like Alphabet Inc., Facebook Inc. and Ford Motor Co. to choose between keeping their places in broad stock benchmarks or changing their share class structures.FTSE Russell is proposing possible restrictions on the inclusion of companies with unequal voting rights in…