Statutory voting

STATUTORY VOTING " A method of voting for members of the board of directors of a corporation. Under this method, a shareholder receives one vote for each share and may cast his votes for each of the directorships.

Statutory voting
When shareholders vote for candidates nominated to serve on a company's board of directors, they usually cast their ballots using statutory voting.

Statutory voting
The standard rule in most corporations that there is one vote per share in elections of the board of directors.

Statutory Voting
A method of voting whereby a shareholder receives one vote for each share and may cast his votes for each of the directorships.

Statutory Voting (business term)
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Voting system
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method of stockholder voting, giving individual shareholders more power over the election of directors than they have under statutory voting, which, by allowing one vote per share per director, ...

In contrast to statutory voting, cumulative voting allows shareholders to multiply the number of shares owned by the number of directorships being voted.

Proportional representation
A method of stockholder voting that allows minority shareholders and groups of small shareholders to have a better chance of getting representation on a Board of Directors than under statutory voting.

A method of stockholder voting that allows minority shareholders and groups of small shareholders to have a better chance of getting representation on a board of directors than under statutory voting.
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Cumulative voting is designed to give individual stockholders greater influence in shaping the board than they would ordinarily have if their votes had to be spread among all the candidates, as is the case with statutory voting.
Currency fluctuation ...

stockholders greater influence in shaping the board. They can designate all their votes for a single candidate who represents their interest instead of spreading their votes equally among the candidates, as is the case with statutory voting.

statutory voting A system in which shareholders voting for the board of directors may not give... STD The ISO currency code for the Sao Tome Dobra.

See also: Banks, Expense, Short Sale, Custodian, Splits