Straight Up or Spreading the Wealth: Understanding Cumulative and Straight Voting in Finance The power of the vote is a cornerstone of any democratic system, and the financial world is no exception. Shareholders, the owners of a company, have a say in its direction through their voting rights. But how these votes are cast can significantly impact the balance of power within a company. This article delves into two primary voting systems used in electing corporate boards: cumulative...
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