Proxy fights are conducted in order to achieve a goal of:
A)Changing the corporate charter
B)Bringing about economies of scale
C)Replacing the current board and management team
D)Having a public tender offer

Question

Quizplus · Accepted Answer

Proxy fights are conducted by shareholders who want to replace the current board and management team with their preferred candidates in order to influence the company's decision-making and strategy. Changing the corporate charter, bringing about economies of scale, and having a public tender offer are other ways in which shareholders can achieve their goals, but they do not necessarily involve a proxy fight.

Proxy Fights Are Conducted in Order to Achieve a Goal