A proxy statement is
A) a statement giving the votes of a stockholder to the CEO.
B) a statement giving the votes of a stockholder to the board of directors.
C) a statement giving the votes of a stockholder to another party.
D) none of the above.

Question

Quizplus · Accepted Answer

A proxy statement is a statement given by a stockholder to another party, typically indicating how they wish to vote on certain matters. This can include votes for board members, executive compensation, and other issues relating to the company. The proxy statement allows stockholders who cannot attend meetings to have a say in the company's decisions by delegating their voting rights to someone else.

A Proxy Statement Is