Which of the following statements is true about voting rights? Proposals can be made by either management only. A proxy fight refers to the act of a group of shareholders joining forces and attempting to gather enough shareholder proxy votes to win a corporate vote. The person or entity given the proxy vote will cast votes on behalf of several shareholder after consulting the shareholder. Typically common shares carry one vote per share, while preferred shares have more voting rights. Shareholders cast votes at a company's annual meetings, but not at a special meeting