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April 25, 2015

Homework Help: Business

Posted by Cory on Monday, August 8, 2011 at 3:01pm.

You're an individual investor who holds common stock in a large blue chip company. You've received notice of a proposed change. Instead of using the existing statutory method, the proposal calls for the company's board of directors to be elected by the cumulative voting method. Will you vote for the change? Why or why not? Would you vote differently if you represented an institutional investor? Explain.

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