Shareholders may not vote to remove members of the board of directors.

Name: Shareholders may not vote to remove members of the board of directors.
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Question

Quizplus · Accepted Answer

Shareholders have the right to vote to remove members of the board of directors. This is typically done through a proxy vote at the annual shareholder meeting or through a special meeting of shareholders. Shareholders can also initiate the removal process by filing a petition with the company's management or board of directors.

Shareholders May Not Vote to Remove Members of the Board