Question: How can a proxy contest be used to overcome a captured? board?? ?Select all that apply: A) Proxy contests are simply contested elections for directors.
How can a proxy contest be used to overcome a captured? board??
?Select all that apply:
A) Proxy contests are simply contested elections for directors. In a proxy? contest, there are two competing slates of directors rather than just one slate proposed by the company.
B) If a board has become captured or unresponsive to shareholder? demands, shareholders can put their own slate of new directors up for election.
C) If a board has become captured or unresponsive to shareholder? demands, the CEO can put a slate of new directors up for election.
D) If the dissident slate? wins, then shareholders will have succeeded in placing new? directors, presumably not beholden to the? CEO, on the board.
E) If the dissident slate? wins, then the CEO will have succeeded in placing new? directors, presumably not beholden to the? CEO, on the board.
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