Shareholder proposals on the company proxy statement
A)will automatically become binding if approved.
B)may only be implemented by the company if they receive support from at least a simple majority of the shareholders.
C)historically have been rarely approved.
D)may only address corporate-governance issues and cannot not address the shareholder's political agenda, such as saving the environment.

Question

Quizplus · Accepted Answer

Historically, shareholder proposals have been rarely approved because they often require a significant majority to pass and may not align with the interests of the majority of shareholders or the company's management.

Shareholder Proposals on the Company Proxy Statement