Of the 77 percent of common shares voted, 92 percent voted in favor of eliminating pre-emptive rights and 88 percent voted in favor of eliminating cumulative voting
Intensity of preference by itself cannot explain cumulative voting
's advantages for minority voters.
Assessing the advantages and disadvantages of cumulative voting
in CS and NCS companies is outside the scope of this Article.
"One Person, Seven Votes: The Cumulative Voting
Experience in Chilton County, Alabama." In Affirmative Action and Representation: Shaw v.
Five stockholder proposals presented at the meeting were each defeated by the following approximate vote percentages: Cumulative voting
, 63 percent against; Independent director as chairman of the board, 86 percent against; Labeling products of cloning or genetic engineering, 92 percent against; Sustainability report, 60 percent against; Report on controlled-atmosphere killing, 91 percent against.
. Cumulative voting
would achieve proportional election outcomes without ranked ballots, hand counts, or multiple rounds of counting.
is a way, some believe, to achieve fairer minority representation.
On occasion, there might even be such strict procedures as cumulative voting
, (11) which would give minorities a presence in the governing legislature (including the nearly whites-only Senate).
There's cumulative voting
, in which you cast multiple votes, choosing either to divide them among different candidates or pile them all on one name.
On Saturday, May 4, 2002, cumulative voting
was used to elect three members to the school board in the Amarillo Independent School District (ISD).
In 90 percent of Thai companies, minority shareholders have no way of influencing the composition of the board (for instance, through cumulative voting
(2) or a board seat dedicated to their interests) and depend entirely on the goodwill of controlling shareholders.
Another alternative, cumulative voting
, under which voters apportion their votes among candidates, has earned enthusiastic support from an Illinois task force chaired by former GOP Governor Jim Edgar and former Democratic Representative (and federal judge) Abner Mikva.