单选题

Participating preference shares are least likely to entitle the shareholders to participate in:

【正确答案】 B
【答案解析】

Participating preference shares do not entitle the shareholders to participate in corporate decisions through voting rights. But they do entitle them to (1) an additional dividend if the company's profits exceed a prespecified level and (2) additional distribution of the company's assets upon liquidation, above the par.