AnswerB
ExplanationIn France, shareholders eligible for being awarded double voting rights are long-standing shareholders of at least two years.
Long-standing shareholders of at least two years (B): French law grants double voting rights to shareholders who have held their shares for a minimum of two years, incentivizing long-term investment and stability in the company's shareholder base.
Founding shareholders during an IPO (A): Founding shareholders may have significant voting power initially, but double voting rights based on duration of shareholding are specifically granted to those holding shares for at least two years.
Minority shareholders that are employee representatives (C): While employee representatives can have certain rights and influence, double voting rights are explicitly tied to the duration of shareholding.
French Commercial Code
CFA ESG Investing Principles