Which one of the following is a means by which shareholders can replace company management?
A)stock options
B)promotion
C)Sarbanes-Oxley Act
D)agency play
E)proxy fight

Question

Quizplus · Accepted Answer

A proxy fight is a process by which shareholders can attempt to replace company management by soliciting the support of other shareholders to vote in favor of their proposed slate of directors at the annual shareholder meeting. This allows shareholders to voice their dissatisfaction with current management and potentially effect change within the company.

Which One of the Following Is a Means by Which