Question
suppose a firm has 50 millinon shares of common stock outsatanding and eight candidates are up for election to six seats on the board of
suppose a firm has 50 millinon shares of common stock outsatanding and eight candidates are up for election to six seats on the board of director.
a. if the firm uses cumulative voting to elect its boards, what is the minimum number of votes needed to ensure election to the board?
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
4th Edition
0077262379, 978-0077262372
