One-share-one-vote rule

One-share-one-vote rule

The principle that all shareholders should have equal voting rights in public companies and each shareholder should have one vote.

One-Share-One-Vote Rule

A rule in which each common share in a publicly-traded company represents one vote at meetings of shareholders. That is, two persons each holding one share have one vote each. However, one person who holds two shares has two votes. Nearly all publicly-traded companies follow the one-share-one-vote rule.
References in periodicals archive ?
from the one-share-one-vote rule that subsequently became the norm.
voting by proxy and providing for a one-share-one-vote rule in
ownership, the Mohawk adopted a one-share-one-vote rule from the outset?