Proportional representation

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Proportional representation

A method of stockholder voting that allows minority shareholders and groups of small shareholders to have a better chance of getting representation on a Board of Directors than under statutory voting.

Proportional Representation

In a publicly-traded company, a method of voting for members of the board of directors in which a shareholder can give multiple votes to the same candidate rather than voting individually for each available seat. Proportional representation allows individual and small groups of shareholders a greater likelihood of having a representative on the board. See also: Statutory voting.
References in periodicals archive ?
One of the reasons might be the high threshold set for the minimum number of votes needed to win a seat, according to Nader, who argued that if the threshold in the proportional representation system was set at 20 percent, independents would have no chance of winning a seat.
They demand a pure proportional representation system and the activation of a law that would ban corrupt politicians from running for office.
Charbel said some political parties are against a proportional representation system because it does not suit their interests.
Abu Ghosh said that the current approach violates the law, a provisional previously issued by President Mahmoud Abbas- the adoption of fully proportional representation system.
She said this Parliament was elected by party-list proportional representation system.
The most significant change is that the proportional representation system has inflicted the same harm on the Democratic party as it did on the Italian political process and the French Fourth Republic: deadlock and an inability to declare clear winners.
Last November, when they signed the comprehensive peace accord with Nepalese mainstream political parties, Maoist rebels to hold the constituent assembly election on the basis of a joint electoral system, meaning both the proportional representation system and the first-past-the-post system, for which the commission on Sunday also extended the deadline for submitting nomination papers.
Their leader, Nick Griffin, is attempting to sneak into mainstream Welsh politics by the back door by exploiting the proportional representation system.
An election will have three to nine winners elected through a proportional representation system.
It's necessary to get rid of California's antiquated winner-take-all system, and adopt some version of the more modern proportional representation system.
The Netherlands operates a pure national list proportional representation system to elect 27 MEPs, meaning his 20-strong team would need just four per cent of the vote to send him to Strasbourg.
He said: ``We would be interested at looking at the electoral system to make it the same as the likely proportional representation system for Scottish local government elections.
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