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Amity Business SchoolAmity Business School*Amity Business School*Amity Business School*Amity Business School*Amity Business School*Amity Business School*Amity Business School*Amity Business School*Amity Business School*Amity Business School*Amity Business School*Amity Business School*Amity Business School*Amity Business School*Amity Business School*Amity Business School*Amity Business School*Amity Business School*Amity Business School*Amity Business School*Amity Business School*Amity Business School*Amity Business School*Amity Business School7.*Shareholders have the right to vote for the board of directors and other important issues.Cumulative voting increases the likelihood of minority shareholders getting a seat on the board.
Proxy votes are similar to absentee ballots. Proxy fights occur when minority owners are trying to get enough votes to obtain seats on the Board or affect other important issues that are coming up for the vote.
Different classes of stock can have different rights. Owners may want to issue a nonvoting class of stock if they want to make sure that they maintain control of the firm.
