What right do most ordinary shareholders have that most preferred stockholders do not have?

Name: What right do most ordinary shareholders have that most preferred stockholders do not have?
Brand: Quizplus
Rating: 4.8 (51 reviews)

Question

Quizplus · Accepted Answer

Most ordinary shareholders have voting rights, meaning they have a say in important company decisions such as electing the board of directors and approving major transactions. Preferred stockholders, on the other hand, usually do not have voting rights and have less control over the company's direction.

What Right Do Most Ordinary Shareholders Have That Most Preferred