Management usually opposes cumulative voting because this type of voting _____.
A) is over twice as likely as majority voting to result in a proxy fight
B) is more complicated than majority voting and takes longer to process
C) often leaves the stockholders who hold minority viewpoints with no representation on the board of directors
D) makes it easier for stockholders with minority viewpoints to elect sympathetic board members

Question

Quizplus · Accepted Answer

Cumulative voting allows minority shareholders to concentrate their votes and elect a sympathetic board member, which management opposes as it may not align with their interests.

Management Usually Opposes Cumulative Voting Because This Type of Voting