Common stockholders have the right to vote on key corporate issues, but also have the last right to the assets or profits of a company.

Question

Quizplus · Accepted Answer

Common stockholders indeed have voting rights on key corporate issues, such as electing the board of directors, but in the event of liquidation, they are the last to claim any assets or profits after all debts and preferred stockholders' claims have been satisfied.

Common Stockholders Have the Right to Vote on Key Corporate