Explain why cumulative voting may give minority stockholders representation on a firms board of directors.
Question:
Explain why cumulative voting may give minority stockholders representation on a firm’s board of directors.
Cumulative VotingCumulative voting is the procedure followed when electing a company's directors. Typically, each shareholder is entitled to one vote per share multiplied by the number of directors to be elected. This is a process sometimes known as proportional...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Cumulative voting is the procedure followed when electing a companys directors Typically each shareh...View the full answer
Answered By
RAMADEVI VELUSAMY
Honored with Gold Medal for secured First Rank during Post Graduate in Anna University (BIT Campus), Trichy.
Selected as a Teaching Assistant at Anna University (BIT Campus), Trichy from October 2013 to June 2015-(Under TEQIP-II sanctioned by NPIU, New Delhi).
Handled Computer Networks subject, skilled for VLSI laboratory and Microprocessor & Microcontroller laboratory.
Handled Aptitude and Reasoning classes for Final year students exclusively.
Coordinated various placement drive programs for final year students.
0 Reviews
10+ Question Solved
Related Book For 
Basic Finance An Introduction to Financial Institutions, Investments and Management
ISBN: 978-1285425795
11th Edition
Authors: Herbert B. Mayo
Question Posted:
