Which one of the following rights is never directly granted to all shareholders of a publicly-held corporation?
A)electing the board of directors
B)receiving a distribution of company profits
C)voting either for or against a proposed merger or acquisition
D)determining the amount of the dividend to be paid per share
E)having first chance to purchase any new equity shares that may be offered

Question

Quizplus · Accepted Answer

The amount of the dividend to be paid per share is determined by the board of directors, not the shareholders. The other options listed are direct rights that shareholders possess in a publicly-held corporation.

Which One of the Following Rights Is Never Directly Granted