Question: 1.77 points QUESTION 9 Changes to corporate structure or policies can change the relationship between shareholders and the firm. Which of the following is l
1.77 points
QUESTION 9
- Changes to corporate structure or policies can change the relationship between shareholders and the firm. Which of the following is least likely an indication of high-quality corporate governance with regard to confidential voting?
|
| a. | Shareholders must approve corporate change proposals with supermajority votes. |
|
| b. | Shareholders will be able to periodically reconsider and revote on rules that require supermajority voting to revise any governance documents. |
|
| c. | Shareholders do not have the ability to use their relatively small ownership interest to force a vote on a special-interest issue. |
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
