When shareholders join together in a temporary arrangement,it is called a:

Question

Quizplus · Accepted Answer

When shareholders join together in a temporary arrangement, it is called a pooling agreement. In a pooling agreement, shareholders combine their shares to act together as a single entity in a particular matter, such as voting in elections for the board of directors or proposing changes to company policies. The arrangement is temporary and typically ends after the specific matter has been resolved. A voting trust, cumulative voting arrangement, and shareholder proposal are different types of shareholder arrangements with different purposes and legal requirements.

When Shareholders Join Together in a Temporary Arrangement,it Is Called