Question
The shareholders ofa company need to elect six directors and there are 150,000 shares outstanding. 1). What is the minimum number of sharesthey need to
The shareholders ofa company need to elect six directors and there are 150,000 shares outstanding.
1). What is the minimum number of sharesthey need to own to make surethatthey can elect at least one director if the company has majority voting?
2). What is the minimum number of sharesthey need to own to make sure thatthey can elect at least one director if the company has cumulative voting?
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International Finance Theory and Policy
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz
10th edition
978-0133425895, 133425894, 978-0133423631, 133423638, 978-0133423648
