Question: Power Inc will elect six board members next month Betty

Power Inc. will elect six board members next month. Betty Brown owns 17.4 percent of the total shares outstanding. How confident can she be of having one of her candidate friends elected under the cumulative voting rule? Will her friend be elected for certain if the voting procedure is changed to the staggering rule, under which shareholders vote on three board members at a time?

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  • CreatedJune 17, 2015
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