Culture and experience associate A with superior quality. In the marketing of dual-class IPOs,
issuers are mindful of this preference. For years after IPO issuance, inferior voting rights shares
labeled Class A enjoy higher market valuations and smaller voting premiums than do Class B shares.
蒋丹凌 Is A Better Than B? How Affect Influences the Marketing and Pricing of Financial Securities (2024年10月24日) http://www.cfrn.com.cn/index.php/lw/16074.html