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cumulative voting |
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Advisers also can read proposals from the Shareholder Action Network and the IRRC's review of NYSE and Sarbanes-Oxley Act reforms, as well as use a glossary of industry terms to help explain to their clients concepts such as acceleration, binding shareholder proposal and cumulative voting. There's cumulative voting, in which you cast multiple votes, choosing either to divide them among different candidates or pile them all on one name. The Securities and Exchange Commission has told Farmer Bros it can exclude a proposal from Mitchell Partners LP that would have required the company to have a majority of independent directors and given shareholders cumulative voting rights. |
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cumulative voting
