What is the purpose of cumulative voting? Are there any disadvantages to management?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 81% (11 reviews)
The purpose of cumulative voting is to allow some minority rep...View the full answer
Answered By
Sumit kumar
Education details:
QUATERNARY Pursuing M.Tech.(2017-2019) in Electronics and Communication Engg. (VLSI DESIGN) from
GNIOT Greater Noida
TERTIARY B.Tech. (2012-2016) in Electronics and Communication Engg. from GLBITM Greater Noida
SECONDARY Senior Secondary School Examination (Class XII) in 2012 from R.S.S.Inter College, Noida
ELEMENTARY Secondary School Examination (Class X) in 2010 from New R.J.C. Public School ,Noida
CERTIFICATION
Summer Training in ‘WIRELESS EMBEDDED SYSTEM’ from ‘XIONEE’ for the six weeks.
EMBEDDED SYSTEM Certificate issued by CETPA INFOTECH for one day workshop.
Certificate of Faculty development program on OPTICAL COMMUNICATION and NETWORKS for one week.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Foundations of Financial Management
ISBN: 978-1259194078
15th edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
Question Posted:
Students also viewed these Corporate Finance questions
-
Are there any disadvantages to zero inventory? Explain.
-
What is mortgage refinancing? Are there any disadvantages to refinancing?
-
Are there any disadvantages with Ahold having a high market share in some of its markets?
-
Last year, Intrepid Corporations tax return revealed the following items: dividends from 20 percent owned domestic corporations - $60,000; Gross income from services rendered - $300,000;...
-
Lee's Enterprises Ltd. suffered serious flood damage that destroyed most of its accounting records. The following statements were reconstructed from the records that were recovered, but many of the...
-
List and explain the three criteria used to select testmarket cities. Explain why each is important.
-
Consider an economy with two agents: an informed agent and an uninformed agent. The preferences of both agents are characterized by negative exponential utility functions with a common risk aversion...
-
Antique Buggy Corporation has 820,000 shares of $35 par common stock outstanding. On June 8, Antique Buggy Corporation declared a 5% stock dividend to be issued August 12 to stockholders of record on...
-
What will be assigned to variable message given the following code fragment? int main() { int num1 - 3; int num2 - 5: double num3 = 6.0; string message-"; message=gradeltinum2) + gradelt(num1, num2);...
-
A company has two factories, one at Liverpool and one at Brighton.[20] In addition it has four depots with storage facilities at Newcastle, Birmingham, London and Exeter. The company sells its...
-
Why might a corporation use a special category such as founders stock in issuing common stock?
-
How does the preemptive right protect stockholders from dilution?
-
Given the low-pass shown in fig 11PFE-5, find the half-power frequency and the gain of this circuit, if the source frequency is 8Hz. TPA
-
Sharpe SA has just paid a dividend of 1.25 per share of equity. Its target payout ratio is 40 per cent. The company expects to have an earnings per share of 4.50 one year from now. (a) If the...
-
Explain what is meant by the CCAPM and the HCAPM. Why do you think these models are not popular with practitioners? Give an overview of the empirical evidence concerning these models and their...
-
Newcastle Autos plc has a current period cash flow of 4.2 million and pays no dividends. The present value of the companys future cash flows is 72 million. The company is entirely financed with...
-
As financial director of Renault SA, you have been tasked with estimating the required return on the companys equity. What risk factors should you use? Explain your choice.
-
What are the benefits of using an industry beta instead of a company beta when undertaking a capital budgeting analysis? Explain, using an example.
-
Eighteen years ago, Mr. Harv DeHaan, a U.S. citizen, moved to Vancouver with his parents. He went to high school in Vancouver and upon completion of his program he was employed in construction work...
-
Walker, Inc., is an all-equity firm. The cost of the company's equity is currently 11.4 percent and the risk-free.rate is 3.3 percent. The company is currently considering a project that will cost...
-
Emphatically Square and heirs will receive $1,000 a year forever with a long-term annual expected interest rate of 7 percent. What is the current worth of this annuity?
-
Darla White has just purchased an annuity to begin payment at the end of 2019 (that is the date of the first payment) . Assume it is now the beginning of 2016. The annuity is for $12,000 per year and...
-
How does a firm's price-earnings ratio relate to K e ? To g?
-
Explain for each of the following scenarios whether they are: Tax planning; Tax avoidance; or Tax evasion and why. Michael Brown is the sole director of Brown Pty Ltd. Brown Pty Ltd received...
-
Butler Lumber Company The file Butler - Spring'12.xls contains Exhibit 1 and Exhibit 2 from the case. As Mr. Butler's financial advisor, he has asked you to help him negotiate banking arrangements...
-
Give an explanation- and usean example - ofwhy we may need to convert an Account Receivable to a Note Receivable and why we need to keep track of the days of the notes.
Study smarter with the SolutionInn App