When examining a firm’s ownership structure, it is imperative to examine any super-voting rights by certain classes of shareholders. Which of the following statements concerning these voting rights is TRUE（）
A. Super-voting rights by certain classes of shareholders impair the firm’s ability to raise capital for the future.
B. Firms with a single class of common equity could encourage prospective acquirers to only deal directly with shareholders with the supermajority rights.
C. Firms that combine voting rights with economic rights have historically had more difficulty raising equity to invest in capital improvements.
参考答案：A
解析：
Firms with dual classes of common equity could encourage prospective acquirers to only deal directly with shareholders with the supermajority rights. Firms that separate voting rights from economic rights have generally had more trouble raising equity to invest in capital improvements. If the firm has a significant minority ownership group, such as a founding family, use of cumulative voting to elect board members can favor specific interests at the expense of the interests of other shareholders.