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A seven - member governance committee of a corporation is charged with allocating funds for end - of - year bonuses, and a special subcommittee
A sevenmember governance committee of a corporation is charged with allocating funds for endofyear bonuses, and a special subcommittee is appointed to research and then propose to the full committee a total value of all bonuses. The subcommittee must bring the proposal before the full committee under a predetermined amendment procedure either an open or closed rule All subcommittee and committee decisions are made using majority rule; the minimum that the committee may allocate is $ and the maximum is $ The preferences of each member is single peaked and symmetric about each member's ideal point, and are arrayed as follows:
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