The voting procedure where a shareholder grants authority to another individual to vote his/her shares is called ________ voting.

Question

Quizplus · Accepted Answer

Proxy voting is the procedure where a shareholder grants authority (proxy) to another individual to vote their shares on their behalf. The proxy can be given for specific issues or for all issues that may come up at the meeting. Deferred voting, straight voting, cumulative voting, and democratic voting are not related to proxy voting.

The Voting Procedure Where a Shareholder Grants Authority to Another