eli5 election of board members in large corporations

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large corporations have large number of shareholders. Then, does every shareholder enjoy voting rights? in case of election of board members? how does that really work?

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Anonymous 0 Comments

Each common share of a company has one vote. There are often types of shares available that do not have voting rights but common shares typically give you the right to vote in any company business that requires it. If you own these shares, your broker would make arrangements either online or by mail whenever a vote comes up. It will notify you that there is something that you can vote on, what the options are, and what option the company board recommends, and how to cast a vote.

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