In cumulative voting,a stockholder who owns 51 percent of the shares can be assured of the ability to elect the entire board of directors.

Question

Quizplus · Accepted Answer

In cumulative voting, each shareholder has multiple votes that can be distributed among the candidates for the board of directors. Therefore, a shareholder with 51 percent of the shares cannot necessarily elect the entire board, as other shareholders can also distribute their votes among different candidates.

In Cumulative Voting,a Stockholder Who Owns 51 Percent of the Shares