Preferred stockholders generally do not have the same voting rights as do common stockholders in a corporation.

Question

Quizplus · Accepted Answer

Preferred stockholders typically do not have the same voting rights as common stockholders in a corporation. While they may have some voting rights on certain matters, such as changes to the preferred stock terms or issuance of additional shares, they typically do not have the same level of voting power as common stockholders. Instead, preferred stockholders often prioritize their right to receive dividends or distributions over voting rights.

Preferred Stockholders Generally Do Not Have the Same Voting Rights