Facebook founder Mark Zuckerberg has been accused of "hubris" in a strongly worded attack by one of America's leading shareholder groups on the social network's plans for a multi-billion dollar flotation.ISS, which advises more than 1,500 institutional investors on corporate governance, criticised Mr Zuckerberg's plan to use a dual share structure to maintain control of voting rights at Facebook even after the flotation.
The prospectus published last month by Facebook disclosed that the 27-year-old will control almost 57pc of voting rights on all key decisions at the company.
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