header bg

Scan QR code or get instant email to install app


The type of equity security that gives its owners the right to vote the shares of, and receive dividends from, a foreign company is best described as a:

A sponsored depository receipt.

The owner of a sponsored DR share has the same voting rights and receives the same dividends as the owner of a common share of the firm. With an unsponsored DR, the depository bank retains the voting rights. A global depository receipt may be sponsored or unsponsored.