An arrangement in which the shareholders transfer their stock certificates to a trustee who is empowered to vote the shares is known as ________.

Question

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A voting trust is an arrangement in which the shareholders transfer their stock certificates to a trustee who is empowered to vote the shares. This allows for more centralized control over the voting process and can be useful in situations where a minority shareholder wants to gain more influence over the company's decisions. Supramajority voting, cumulative voting, and noncumulative voting refer to different methods of voting in shareholder meetings and are not related to the concept of a voting trust.

An Arrangement in Which the Shareholders Transfer Their Stock Certificates