Quiz 28: Corporate Governance and Sarbanes-Oxley Act
Coadministration of Anorexiants and Which of the Following Can Cause
Under the cumulative method of voting,a stockholder must vote all his or her votes for one candidate.
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Under the distributive method of voting for the election of directors,a shareholder can accumulate all of his or her votes and vote them all for one candidate or split them among several candidates.
The cumulative method of voting means that each shareholder is entitled to multiply the number of shares he or she owns by the number of directors to be elected and cast the product for a single candidate or distribute the product among two (2)or more candidates.
Cumulative voting gives a minority shareholder a better opportunity to elect someone to the board of directors.
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