cumulative voting
Definition
System of voting which (unlike regular or statutory voting) allows minority stockholder (shareholders) a chance to name one or more directors to the firm's board. In cumulative voting, each share has as many votes as there are vacant positions on the board, and each shareholder can apportion the shares as he or she wishes, or can cast all votes for any one of the candidates.
cumulative voting is in the Entrepreneurship, Management, & Leadership and Investing subjects.
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