The Zilo Corp. has 1,000 shareholders and is preparing to elect three new board members. You do not own enough shares to control the elections but are determined to oust the current leadership. The most likely result of this situation is a:

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A proxy fight is a strategy used by minority shareholders who are trying to gain control or influence over a company's decisions, including the election of board members, without having to buy a majority of shares. This approach involves persuading other shareholders to vote their shares in favor of the minority shareholder's preferred candidates or proposals. Given the scenario where you do not own enough shares to control the elections but are determined to oust the current leadership, a proxy fight is the most likely and effective strategy to attempt to change the board's composition.