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Majority voting

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Majority voting
voting system under which each director is voted upon separately. Related: cumulative voting.
majority voting ...

 


Majority voting
Voting system under which corporate shareholders vote for each director separately. Related: Cumulative voting.

It extended the areas of qualified majority voting in the Council, increased the role of the European Parliament through the cooperation procedure and widened Community powers. It set the objective of achieving the internal market by 1992.

Depending on the matter at issue, the Council of Ministers must take decisions either by qualified majority voting or by unanimity. The Council of Ministers is made up of representatives usually government ministers from all EU member states.

A shareholder who is part of a group that controls more than half the outstanding shares of a corporation.
Majority voting ...

See also: Cumulative Voting, Banks, Acquisitions, Probability distribution, Asset pricing model

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