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Openai/68df4a3a-428c-8013-a459-5cff8e17edde
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===== Two primary voting mechanisms are used to allocate shareholder voting power: ===== ====== - Each share entitles the shareholder to one vote per director position. ====== * Votes cannot be pooled; they must be distributed evenly across positions. * Example: If a shareholder owns 100 shares and three directors are up for election, the shareholder casts 100 votes for each director (a total of 300 votes). * Implication: This system favors majority shareholders, as they can dominate each director election. ====== - Shareholders may allocate their total votes in any manner they choose across candidates. ====== * Total votes = number of shares owned Γ number of directors to be elected. * Example: With 100 shares and three directors, a shareholder has 300 votes and may choose to cast all 300 for a single candidate or split them across candidates. * Implication: This system enhances the ability of minority shareholders to concentrate their votes and potentially elect at least one representative to the board.
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