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?
In: Other
Companies often have A and B stocks, sometimes C stocks as well. The difference is their voting rights. So not all shares gives you a vote, but they do give you dividends and other benefits. Each year the company have an annual shareholder meeting. There are a few things that can only be decided by the shareholders, such as the board members and the budget. But not all shareholders will attend, even those with voting rights. You can delegate your vote to someone else, for example the existing chairman or someone else you trust. You can also mail in your vote. A lot of smaller shareholders will not even bother voting.
Latest Answers