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You own 40% of the stock of a company that has 10 directors on its board. How much representation can you get on the board
You own 40% of the stock of a company that has 10 directors on its board. How much representation can you get on the board if the company has cumulative voting? How much representation can you ensure if the company has straight voting? How much representation can you get on the board if the company has cumulative voting? (Select the best choice below.) O A. With cumulative voting you are able to get proportional representation by putting all of your votes toward 4 directors, allowing you to elect representatives to 4 O B. With cumulative voting you vote on each director individually, and without a majority of the shares you cannot ensure that your representative will win any of How much representation can you ensure if the company has straight voting? (Select the best choice below.) A With non-cumulative voting you vote on each director individually, and without a majority he shares ou anno ens re hat our resentative win an O B. With non-cumulative voting you are able to get proportional representation by putting all of your votes toward 4 directors, allowing you to elect representatives seats (40% of ten seats) on the board. the elections (you could lose 60% to 40% in each of the ten individual elections). of the elections (you could lose 60% to 40% in each of the ten individual elections). to 4 seats (40% of ten seats) on the board
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