A proxy is a written delegation of authority to cast one's votes. This authority rests with the shareholder of a corporation. Explain why the proxy process gives management, and not the shareholder, effective control over the election of the board of directors or over policy resolutions.

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The Answer of A proxy is a written delegation of authority to cast one's votes. This authority rests with the shareholder of a corporation. Explain why the proxy process gives management, and not the shareholder, effective control over the election of the board of directors or over policy resolutions.

A Proxy Is a Written Delegation of Authority to Cast